enCore Energy (EU) Proxy filing summary

Executive summary

• Annual general meeting scheduled for June 10, 2026, to be held virtually, with shareholders of record as of April 16, 2026, eligible to vote on key proposals.

• Focus on high standards of performance, cost management, timely permitting, maximizing uranium extraction, and accretive M&A activity.

• Commitment to shareholder communications, technical disclosure, and strategic objectives.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of seven directors for a term expiring at the 2027 AGM, (2) advisory approval of executive compensation, and (3) ratification of KPMG LLP as independent auditor for 2026.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 AGM must be received by December 31, 2026, and director nominations must comply with advance notice provisions.

Board of directors and corporate governance

• Board will reduce from eight to seven members after the meeting; five are considered independent under Nasdaq and Canadian rules.

• Board committees include Audit, Compensation, Governance and Nominating, Investment, Sustainability, Disclosure, and Technical Advisory Committees.

• Lead independent director role established to enhance board effectiveness and independence.

• Majority Voting Policy requires directors to tender resignation if withheld votes exceed votes for.

• Directors receive annual cash fees, equity awards, and reimbursement for expenses; additional RSUs granted for extraordinary efforts during management transition.