Mr. Ronald Thiessen reports

NORTHERN DYNASTY: TIMELINES FOR SUMMARY JUDGEMENT CASE UPDATED TO REFLECT 43-DAY FEDERAL SHUTDOWN

Northern Dynasty Minerals Ltd. and its 100-per-cent-owned United States-based subsidiary Pebble LP has noted that as the federal government has now reopened after a 43-day closure, the lawsuit in the Alaska federal court will resume.

The plaintiffs (the State of Alaska, Pebble Partnership, and Iliamna Natives Ltd. and Alaska Peninsula Corp.) have already filed their opening briefs. The new date by which the Department of Justice (DOJ) must file its response brief is Feb. 16, 2026 (previously, they were to file their response brief by Jan. 2, 2026). The revised date for the plaintiffs to then file their response to the DOJ response brief is April 15, 2026.

"We appreciate the challenge faced by the DOJ lawyers during the shutdown; however, we believe this to be an excessive extension of time for a case attempting to support an illegal Obama/Biden-era veto," Ron Thiessen, Northern Dynasty president and chief executive officer stated. "It continues to be our preferred outcome for the ongoing discussions to result in government officials withdrawing the illegal veto, which would allow us to terminate the summary judgement process. In the meantime, we continue a parallel track of both discussions and court action in the interest of keeping timelines as tight as possible."

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 United States subsidiary, Pebble LP, is a 100-per-cent interest in a contiguous block of 1,840 mineral claims in southwest 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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