The Seabridge Gold board of directors announced senior management changes in the Company in keeping with the Board's responsibility to strengthen senior management and plan for the orderly development of executive capacity within the Company. Ryan Hoel, P.E. is hereby appointed President and Chief Operating Officer and Tracey Meintjes is the new Senior Vice President, Technical Services. Mr. Hoel joined Seabridge in September 2021 as Vice President, Projects to lead the Substantially Started activities at the Company's 100% owned KSM Project in northern B.C., Canada.

He was subsequently named Senior Vice President and Chief Operating Officer in August 2022. Mr. Hoel has more than 25 years of experience in large-scale project management, development, and operations with companies including Rio Tinto, Lundin Mining, New Gold, Arizona Mining, and South32, where he held various Executive and Project Director roles. Mr. Hoel holds a Bachelor of Science in Mining Engineering from the South Dakota School of Mines and Technology, an MBA from Westminster Gore School of Business, and is a registered Professional Engineer.

Mr. Meintjes joined Seabridge in October 2021 as Vice President, Engineering Studies bringing 27 years of experience in mining project development in North and South America, Europe and Africa. Prior to joining Seabridge, Tracey worked for Anglo American, Anglo Gold, Rio Tinto and Teck, followed by consulting experience in mine evaluations, acquisitions, metallurgical process development, strategic mine planning, and operations value optimization. He is a Professional Engineer and Qualified Person in terms of NI 43-101, has co-authored numerous technical reports, and has been involved in a number of mining projects that have successfully advanced from early stage to construction and commissioning.

Mr. Meintjes worked as consultant on the development of the KSM Project for more than 10 years prior to joining Seabridge full time.