Mr. Rudi P. Fronk reports

SEABRIDGE GOLD REPORTS ON RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

Seabridge Gold Inc. today provided the results of its annual general meeting of shareholders held on June 25, 2025. A total of 70,526,925 common shares were represented at the meeting, representing 70.15 per cent of the issued and outstanding common shares of the company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:

1. To fix the number of directors of the company at 10 (99.14 per cent votes for);
2. Election of all of management's nominees to the board of directors of the company;
3. Appointment of KPMG LLP as the auditor of the company for the ensuing year (98.29 per cent votes for);
4. Authorization of the directors to fix the auditor's remuneration (98.64 per cent votes for);
5. Approve the adoption of a new bylaw for the corporation (63.44 per cent votes for);
6. Approval, on an advisory basis, of the corporation's approach on executive compensation (93.52 per cent votes for).

A total of 16,457,945 shares were non-votes under U.S. proxy rules, and were not cast with respect to the election of each of the directors, the approval of the adoption of the new bylaw or the advisory vote on executive compensation.

Seabridge chairman and chief executive officer Rudi Fronk noted the departure of long-time board members Jay Layman and Eliseo Gonzalez Urien, and their new roles as board advisers. Mr. Layman worked as president and chief operating officer for over 10 years, and has served as a director of Seabridge for over 13 years. During his tenure, he made significant contributions to the growth and strategic direction of Seabridge. Mr. Gonzalez-Urien is an accomplished and enthusiastic geologist who has made a remarkable contribution to the evolution of Seabridge, particularly the company's exploration successes, since he first became a director 19 years ago.

"Seabridge has been fortunate to have had the benefit of their guidance for such a long time and, on behalf of all of our shareholders, I thank them for all they have done for us," stated Mr. Fronk. To facilitate a smooth transition at the board level, both have agreed to serve as advisers to the board for an additional year.

At the same time, the company is delighted to have Colin Joudrie join the board. Mr. Joudrie has over 35 years of experience in the mining industry in roles that will enable him to make a substantive contribution to the board's consideration of technical matters, joint venture negotiation and management of large project development, as well as property evaluation and acquisitions.

Seabridge holds a 100-per-cent interest in several North American gold projects. Seabridge's assets include the KSM and Iskut projects, located in northwestern British Columbia, Canada's Golden Triangle, the Courageous Lake project, located in Canada's Northwest Territories, the Snowstorm project, located in the Getchell gold belt of northern Nevada, and the 3 Aces project, set in Yukon. For a full breakdown of Seabridge's mineral reserves and mineral resources by category, please visit the company's website.