Mr. Trevor Thomas reports

NORTHERN DYNASTY REPORTS ANNUAL GENERAL MEETING RESULTS

Northern Dynasty Minerals Ltd. has released the voting results from its 2025 annual meeting of shareholders held on June 19, 2025, in Vancouver, B.C.

1. At the meeting, a total of 231,701,768 common shares were voted, representing 43 per cent of the votes attached to all outstanding common shares as of the record date. All nine nominees were elected to the company's board of directors. The following directors were elected at the meeting, with the following voting results for each nominee.

2. Deloitte, chartered professional accountants, was appointed auditor of the company. Shares voted in person and by proxies received represented 229,447,472 (99.03 per cent) votes for and 2,254,296 (0.97 per cent) votes withheld.

3. The ordinary resolution to approve the amended and restated option plan dated for reference May 2, 2025, was passed. Shares voted in person and proxies received represented 86,245,550 (69.60 per cent) votes for and 37,669,524 (30.40 per cent) votes against.

4. The ordinary resolution to approve the amended and restated non-employee director deferred share unit plan was passed. Shares voted in person and proxies received represented 114,714,986 (92.58 per cent) votes for and 9,200,088 (7.42 per cent) votes against.

5. The ordinary resolution to approve the shareholder rights plan agreement between the company and Computershare Trust Company of Canada, dated as of May 10, 2016, and as amended and extended June 19, 2025, for a further three years was passed. A total of 117,785,972 (95.05 per cent) votes were for, and 6,129,102 (4.95 per cent) votes were against.

There were non-votes recorded (but not voted) on each resolution as follows: 107,786,694 non-votes on the resolutions to elect each director, the approval of the amended and restated share option plan, approval of the amended deferred share unit plan, and the renewal of the shareholder rights plan, respectively. Non-votes are discretionary votes given to a broker by a U.S. beneficial holder not allowed under Canadian securities regulations.

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 Limited Partnership, 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.