NORTHERN DYNASTY MINERALS LT

Ticker: NAK CUSIP: 66510M204 Class: Equities

Swiss National Bank's Holding History (CIK: 0001582202)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 465,900 Value ($000) $433 Avg Close $1.20 Range $0.81 - $1.86

Q4 2017

Shares 465,900 Value ($000) $831 Avg Close $1.98 Range $1.63 - $2.34

Q3 2013

Shares 64,300 Value ($000) $96 Avg Close $2.08 Range $1.31 - $2.73

Q2 2013

Shares 64,300 Value ($000) $131 Avg Close $2.48 Range $1.85 - $3.17

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	465,900	$433	$1.20	$0.81 - $1.86
Q4 2017	465,900	$831	$1.98	$1.63 - $2.34
Q3 2013	64,300	$96	$2.08	$1.31 - $2.73
Q2 2013	64,300	$131	$2.48	$1.85 - $3.17