"Adam has been an excellent young player for us and we are happy to have him continue his progress for another year in Vancouver," said general manager Jim Benning. "We look forward to his intensity and compete level continuing to be a great source of energy for our team."
The 24-year-old recorded career highs with 12 goals and 21 assists over 59 games during the final year of his entry-level deal in 2019-20.
Vancouver selected Gaudette in the fifth round of the 2015 draft. The 6-foot-1 pivot has amassed 17 goals and 45 points through 120 career contests.