Mr. Rudi Fronk reports

SEABRIDGE GOLD REPORTS ACHIEVEMENTS IN SAFETY, DIVERSITY, AND ENVIRONMENTAL STEWARDSHIP

Seabridge Gold Inc. has released its 2024 sustainability report, underscoring the company's continuing commitment to responsible exploration and development practices, community engagement, and environmental stewardship. The full report is on-line.

Safety excellence

In 2024, Seabridge achieved its best safety performance in company history. Total reported incident frequency was 0.50, well below the 2.0 target set by management. This accomplishment reflects the company's dedication to fostering a positive safety culture and implementation of comprehensive safety practices introduced in 2023.

Diversity and inclusion

Seabridge continues to develop a diverse and inclusive culture starting with its board of directors and moving throughout the organization. At the board level, 36 per cent of directors are women and several board committees are chaired by women. Additionally, female representation in the Seabridge organization has risen to 53 per cent, demonstrating the company's commitment to fostering an inclusive and diverse workplace.

Environmental stewardship and indigenous engagement

Seabridge remains at the forefront of environmental stewardship and indigenous engagement. The company works diligently to be an industry leader in forming genuine working partnerships with first nations and voluntarily rehabilitating the negative environmental impacts of legacy mining at the company's projects. A robust analysis of the company's carbon footprint has been formulated as a foundation for future steps toward achieving sustainability objectives.

Community investment

In 2024, Seabridge continued its support for local communities. The company invested in various community development projects, focusing on its traditional priorities of education, health and infrastructure. Notably, Seabridge supported the Dr. R.E.M. Lee Foundation to establish a Tier 3 neonatal intensive care unit at Mills Memorial Hospital in Terrace, B.C. This facility provides critical care to mothers and preterm babies, enabling families to stay closer to their loved ones during challenging births.

Looking ahead

Seabridge remains dedicated to advancing sustainable exploration and development practices and creating lasting value for its stakeholders. The company continues to assess and address its climate and nature-related risks and opportunities, aiming to be a trusted and valued member of the communities in which it operates.

About Seabridge Gold Inc.

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