Perpetua Resources names James Norine SVP Projects; Michael Wright resigns; exec comp updated

PERPETUA RESOURCES CORP.

James Norine appointed SVP Projects effective Dec 1, 2025; base salary $330,000, target bonus 60%, sign-on PSU award of 5,000 shares.
Michael Wright resigned as VP Projects effective Dec 3, 2025 for personal reasons; will consult up to 20 hrs/week for 3 months at $20k/month.
CEO Jonathan Cherry's amended agreement: base $660k, target bonus 100%, equity target 200% of base, 3-year term.
CFO Mark Murchison's amended agreement: target bonus 75% of base, equity target 150% of base.
Compensation committee revised STIP performance factor scale and targets; executive pay mix set at ~50% cash, 50% equity.

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