Mr. Ronald Thiessen reports

NORTHERN DYNASTY: UPDATE ON SUMMARY JUDGEMENT CASE

Northern Dynasty Minerals Ltd. and its 100-per-cent-owned, U.S.-based subsidiary, Pebble Limited Partnership, have noted that the Department of Justice (DOJ) filed its brief in the Alaska Federal Court on Feb. 17, 2026.

"We find it surprising that, despite the executive orders and the many statements made by the administration related to Alaskan development, pro-energy, pro-critical-metals, pro-defence and military support, removing roadblocks to permitting, on the need for copper, et cetera, this EPA would choose to defend the unlawful Obama-Biden veto," said Ron Thiessen, president and chief executive officer of Northern Dynasty. "This precedent will be used by future Democratic administrations to reverse all of the progress this administration has made with its pro-energy, pro-mining, pro-development agenda.

"We are reviewing their filing with our legal team and will have detailed comments once that review is completed in the next few days," Mr. Thiessen continued.

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.

We seek Safe Harbor.