Environmental Policy NovaGold recognizes environmental management as a corporate priority. NovaGold employees care about preserving the environment for future generations, while also providing for safe, responsible and profitable operations by developing natural resources for the benefit of its employees, shareholders and communities. In adopting the following Statement of Principles throughout all stages of exploration, development, mining and closure, NovaGold intends to set and maintain standards of excellence for environmental performance at all its operations. NovaGold will communicate its commitment to excellence in environmental performance to its subsidiaries, employees, contractors, other agents and the communities in which it operates. All new activities and operations will be managed to ensure compliance with applicable laws and regulations. In the absence of regulation, best management practices will be applied to minimize environmental risk. Remediation and mitigation of historical mining impacts on properties acquired by NovaGold will be managed through the cooperative involvement of NovaGold with previous owners, government agencies and the community. To achieve its commitment to environmental excellence, NovaGold will use an environmental management system that ensures prioritization, planning, implementation, monitoring and honest reporting. NovaGold will strive to minimize releases to the air, land or water and will ensure appropriate treatment and disposal of waste. NovaGold will allocate the necessary resources to meet its reclamation and environmental obligations. NovaGold will continuously seek opportunities to improve its environmental performance through adherence to these principles. NovaGold will regularly report progress to its employees, shareholders and the communities in which it operates.

NovaGold is committed to responsible mining and upholding the highest environmental standards at all of its projects.