Uranium Energy (UEC) Corporate presentation summary

Strategic positioning and market environment

• Positioned as the only vertically integrated U.S. uranium company, spanning mining, processing, refining, and conversion.

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

• U.S. uranium demand far exceeds domestic production, with utilities requiring 51 million lbs/year and less than 2% met domestically.

• Global and U.S. policy shifts, including bipartisan support and executive orders, are driving investments in nuclear and domestic uranium supply.

• Big tech and government initiatives are increasing demand for nuclear power and domestic uranium, with strategic reserves and supply chain repatriation.

Operations and production growth

• Three U.S. hub-and-spoke platforms: Irigaray (Wyoming), Hobson (Texas), and Sweetwater (Wyoming), with scalable, permitted projects.

• Wyoming production restarted, with phased ramp-up and 244,321 lbs produced since restart at a total cost per pound of $37.28.

• Burke Hollow ISR mine in Texas is operationally ready, awaiting final regulatory approval.

• Sweetwater platform acquired from Rio Tinto, adding 175 million lbs of historic resources and 4.1 million lbs/year licensed capacity.

• Roughrider project in Canada advancing with pre-feasibility, targeting 6.8 million lbs/year production and robust economics.

Financial performance and balance sheet

• $818 million in liquid assets as of January 31, 2026, including $486 million in cash and no debt.

• 1.46 million lbs of U3O8 in inventory, with additional inventory at processing plants.

• 100% unhedged price exposure, with recent sales of 200,000 lbs at $101/lb, well above the spot price.

• Generated $20.2 million in revenue and $10 million in gross profit in Q2 2026.

• Over $1 billion in accretive acquisitions since 2017, capitalizing on low uranium prices.