Mr. Rudi Fronk reports

SEABRIDGE GOLD PUBLISHES 2022 SUSTAINABILITY AND CLIMATE CHANGE REPORTS

Seabridge Gold Inc. has published its 2022 sustainability report and its inaugural climate change strategy report. These two reports go hand in hand to provide transparency on its actions and the progress it has achieved toward meeting its sustainability and climate change goals. The sustainability report captures the 2022 calendar year and highlights its continuing effort to be effective partners with its communities, stakeholders and investors. The climate change strategy report showcases its commitment to understanding and managing its climate risks and the carbon emissions tied to its business activities.

Seabridge chairman and chief executive officer Rudi Fronk stated: "We began 2022 with a sustainability strategy to achieve specific goals. Today, we are building out our sustainability program to encompass not only environmental, social and governance (ESG), but also climate-related concerns, and diversity, equity and inclusion (DEI). We have focused our entire organization on this work and developed clear business goals that tie compensation to successful implementation of these programs."

The 2022 sustainability report highlights its exceptional work in community development financing and engagement, continuing commitment to its indigenous and first nations partners, gender diversity at all levels of the organization, and programs to support effective inclusion at the workplace, among so much more. The report was prepared with select disclosures and guidance from the Sustainability Standards Accounting Board (SASB) Metals and Mining Industry Standards and the Global Reporting Initiative (GRI) Standards Taskforce on Climate-related Financial Disclosure (TCFD, Climate Disclosure Project (CDP), as well as metrics designed specifically for Seabridge.

The Seabridge gold climate change strategy report is the company's inaugural effort at communicating its understanding of its short-term and long-term climate risks. This report is aligned to the TCFD and also details its Scope 1, 2 and material components of Scope 3 carbon emissions.

Seabridge holds a 100-per-cent interest in several North American gold projects. Seabridge's assets include the KSM and Iskut projects located in northwest British Columbia, Canada's Golden Triangle, the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell gold belt of northern Nevada and the 3 Aces project set in the Yukon territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category, please visit the company's website.