Freegold Ventures Limited — Proxy Solicitation & Information Statement 2025

May 28, 2025

FREEGOLD VENTURES LIMITED

NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the Annual and Special Meeting (the "Meeting") of the shareholders of Freegold Ventures Limited (the "Company") will be held at the Company's head office at Suite 888 - 700 West Georgia Street, Vancouver, British Columbia on June 27, 2025, at 10:00 a.m. (Vancouver time) for the following purposes:

1. To receive the audited consolidated financial statements of the Company for the financial year ended December 31, 2024, with the auditor's report thereon;
2. To re-appoint Davidson & Company LLP, as auditors for the ensuing year and to authorize the directors to fix their remuneration;
3. To elect directors for the ensuing year;
4. To approve the Company's new omnibus equity incentive plan as more particularly described in the management information circular dated May 13, 2025 in respect of the Meeting (the "Information Circular"); and
5. To transact such other business as may properly come before the Meeting or any adjournment thereof.

Only shareholders of record at the close of business on May 13, 2025, will be entitled to receive notice of, and to vote at, the Meeting or any adjournment thereof. Registered shareholders who are unable to or who do not wish to attend the Meeting in person are requested to date, sign and return the accompanying Proxy form, or other appropriate form of proxy, in accordance with the instructions set forth in the form of Proxy and the Information Circular prepared and filed in connection with the Meeting and available to shareholders as described in the enclosed Notice and Access Notification. To be used at the Meeting, proxies must be received by Odyssey Trust Company, 350 - 409 Granville Street, Vancouver, BC V6C 1T2, Canada not later than 48 hours (excluding Saturdays, Sundays, and holidays) before the commencement of the Meeting. If a registered shareholder receives more than one Proxy form because such shareholder owns shares registered in different names or addresses, each Proxy form should be completed and returned.

DATED at Vancouver, British Columbia this 13th day of May 2025.

BY ORDER OF THE BOARD OF DIRECTORS

"Kristina Walcott"
Kristina Walcott
President & Chief Executive Officer