Mr. Ronald Thiessen reports

NORTHERN DYNASTY REPORTS ANNUAL GENERAL MEETING RESULTS AND WELCOMES NEW DIRECTORS

Northern Dynasty Minerals Ltd. has released the voting results from its 2025 annual meeting of shareholders, held on June 24, 2026, in Vancouver, B.C., and welcomes new members to its board of directors. A total of 292,112,632 common shares were voted at the meeting, representing 52.16 per cent of the votes attached to all outstanding common shares as of the record date of May 5, 2026. Consistent with the company's recommendations, shareholders voted in favour of all items of business considered at the meeting, as detailed in the attached table.

For the other items at the meeting, shareholders reappointed Deloitte LLP as the company's auditor (286,544,094 votes for (98.09 per cent) and 5,568,537 votes withheld (1.91 per cent)), and approved a resolution that authorized for grant all currently available and unallocated share options issuable pursuant to the company's share option plan until June 24, 2029 (123,643,340 votes for (68.66 per cent) and 56,425,237 votes against (31.34 per cent)).

Detailed voting results for the meeting will be available on SEDAR+.

Robert Dickinson, chairman, said: "I would like to welcome Julie Morman, Robin Bienenstock and Steve Meyer to Northern Dynasty's board of directors. They bring highly complementary experience in Alaska, in mining and in finance, as well as valuable insight that will enhance the board's ability to provide strong guidance as the company advances the Pebble project. I also want to thank Siri Genik and Josie Hickel, who have left the board, for their contributions to our success to date."

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble LP, is a 100-per-cent interest in a contiguous block of 1,840 mineral claims in southwestern Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble partnership is the proponent of the Pebble project.

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