Mr. Rudi Fronk reports

B.C. GOVERNMENT FILES RESPONSES TO PETITIONS CHALLENGING KSM'S SUBSTANTIALLY STARTED DESIGNATION

The British Columbia government has filed its responses in the Supreme Court of British Columbia to petitions challenging the Environmental Assessment Office's (EAO) decision granting Seabridge Gold Inc.'s KSM project a substantially started (SS) designation. On July 29, 2024, the EAO determined that Seabridge's KSM project had been substantially started, ensuring that the project's environmental assessment certificate is no longer subject to expiry.

The responses filed by the British Columbia government succinctly lay out the meetings held, and other communications made, as well as the responses to requests received, by the British Columbia government to fulfill its duty to consult and its duty of procedural fairness to the petitioners on the SS determination. The responses also explain why granting the SS designation was not unreasonable. The parties have scheduled the period from Sept. 22 to Sept. 29, 2025, for the court hearing.

Seabridge chief executive officer Rudi Fronk stated: "We are pleased by the extent of the EAO's consultation, and we are confident in the strength of their arguments that the EAO's decision to grant the SS designation was procedurally fair and not unreasonable. Seabridge will also file its own response to the petitioners in the next few weeks. While this legal process unfolds, the SS designation remains in effect."

About Seabridge Gold Inc.

Seabridge holds a 100-per-cent interest in several North American gold projects. Seabridge's principal asset, the KSM project, and its Iskut project are located in northwestern British Columbia's Golden Triangle, the Courageous Lake project is located in Canada's Northwest Territories, the Snowstorm project is located in the Getchell gold belt of northern Nevada, and the 3 Aces project is set in Yukon.