On November 2, 2023, Tara Gilfillan, an independent director of the board of directors (the board) of U.S. Gold Corp., and a member of the company?s audit committee, compensation committee, nominating and governance committee, and technical committee, notified the company that she does not intend to stand for re-election at the company?s 2023 Annual Meeting of Stockholders (the Annual Meeting). Ms. Gilfillan?s decision not to stand for re-election was not because of any disagreement with the Company on any matter relating to the company?s operations, policies or practices. Ms. Gilfillan will continue to serve as a member of the Board until the Annual Meeting.