Investor Presentaiton

NOVAGOLD: A Diverse Board of Directors to Guide Donlin Gold Dr. Thomas Kaplan Chairman • Chairman and CEO of The Electrum Group LLC, a privately held natural resources investment management company that controls a diversified portfolio of precious and base metals assets . Former Executive Vice President of Sustainability and External Relations at Newmont Corporation Dr. Elaine Dorward-King . Serves as a director of Sibanye-Stillwater, Kenmare Resources plc, and Great Lakes Dredge and Dock Company, LLC . Former Chief Legal Officer and Corporate Secretary with Franco-Nevada, transforming an industry pioneer into one of the most successful precious metals enterprises in the world Sharon Dowdall • Serves as director of Olivut Resources • President, CEO and director of Hycroft Mining Holding Corporation Dr. Diane Garrett Greg Lang • Former President and CEO of Nickel Creek Platinum and Romarco Minerals; and former director of OceanaGold and Revival Gold Former President of Barrick Gold North America, with intimate knowledge of Donlin Gold President and CEO • Serves as director of Trilogy Metals . Igor Levental President of The Electrum Group LLC Former VP of Homestake Mining and International Corona Corp. • Kalidas Madhavpeddi Chairman of Glencore plc, and director of Trilogy Metals and Dundee Precious Metals Inc. • • CEO and director of Alexco Resources Clynton Nauman • Ethan Schutt . • Former Chief Executive Officer of China Moly Corp and former Executive with Phelps Dodge Formerly with Viceroy Gold and Kennecott Minerals Executive Vice President and General Counsel of Bristol Bay Native Corporation; and Board Trustee of the Alaska Permanent Fund Corporation Former CEO of Alaska Native Resource Development LLC, an Alaska Native Tribal Health Consortium company (ANTHC) and Chief of Staff to ANTHC and Senior Vice President, Land and Energy Development for Cook Inlet Region Inc. (CIRI) • Anthony Walsh • Former President and Chief Executive Officer of Miramar Mining Corporation, sold to Newmont Mining Corporation in 2007 Serves as director of Sabina Gold & Silver Corporation and Dundee Precious Metals NOVAGOLD 32

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