THM · International Tower Hill Mines Ltd.

Summary

On February 9, 2026, the Board approved a base salary increase for CEO Karl Hanneman to US$342,538 per year, effective December 1, 2025, reflecting a transition from part-time to full-time duties. Concurrently, the Company entered into an Amended and Restated Employment Agreement with Mr. Hanneman.

Key takeaways

• CEO Karl Hanneman's base salary increased to US$342,538 per year.
• The salary increase is effective as of December 1, 2025.
• The increase reflects a change in time commitment from 50% to full-time.
• The Company entered into an Amended and Restated Employment Agreement dated February 10, 2026.
• The Amended Employment Agreement supersedes the previous agreement dated March 12, 2018.