Uranium Energy (UEC) Corporate Presentation summary

Strategic positioning and growth

• Positioned as the only vertically integrated U.S. uranium company, spanning mining to conversion, with three central processing plants and a robust end-to-end supply chain focus.

• Achieved a breakthrough year in 2025, transitioning to uranium production in Wyoming and restarting phased U.S. ISR operations.

• Acquired Rio Tinto's Sweetwater Complex, adding a third U.S. hub-and-spoke platform and 175 million pounds of historic resources.

• Launched U.S. Uranium Refining & Conversion Corp to enhance American nuclear fuel security and energy dominance.

• Maintains 100% unhedged price exposure, maximizing upside in a rising uranium market.

Financial performance and balance sheet

• Ended July 31, 2025, with $321 million in cash, inventory, and equities, and no debt.

• Generated $66.8 million in revenue and $24.5 million gross profit from sales of 810,000 pounds of U3O8 at an average price of $82.52/lb.

• Holds 1.4 million pounds of U3O8 in inventory, valued at $96.6 million, with additional inventory growth expected through contracts and operations.

• Achieved a total cost per pound of $36.41 for dried/drummed uranium, with cash costs at $27.63/lb.

Resource base and production capacity

• Controls the largest licensed uranium production capacity in the U.S. at 12.1 million pounds/year.

• Holds 230.1 million pounds measured & indicated, 100 million pounds inferred, and 175 million pounds historical U3O8 resources.

• Operates three central processing plants: Irigaray (Wyoming), Hobson (Texas), and Sweetwater (Wyoming), each with multiple fully permitted satellite projects.

• Advanced the Roughrider Project in Canada, with a pre-feasibility study showing a $946 million post-tax NPV and 40% IRR at $85/lb uranium.