Uranium Energy (UEC) Corporate presentation summary

Strategic positioning and vertical integration

• Positioned as the only vertically integrated U.S. uranium company, covering mining, processing, refining, and conversion to support domestic enrichment and energy security.

• Launched United States Uranium Refining & Conversion Corp (UR&C) to provide end-to-end uranium fuel supply, leveraging partnerships and engineering advancements.

• Maintains 100% unhedged price exposure, aiming to benefit from tightening uranium markets and favorable policy shifts.

Production growth and operational highlights

• Achieved low-cost production with a total cost per pound of $34.35 in Q1 2026, with cash costs at $29.90 per pound.

• Completed upgrades at Irigaray plant for 24/7 operations and expanded ISR production with new wellfields and satellite projects in Wyoming and Texas.

• Burke Hollow ISR project in Texas nears operational status, and Sweetwater hub in Wyoming advances under FAST-41 permitting.

Resource base and acquisitions

• Holds the largest diversified uranium resource base in the Western Hemisphere: 230.1M lbs M&I, 100M lbs inferred, and 175M lbs historical resources.

• Acquired Rio Tinto's Sweetwater plant and properties, adding 4.1M lbs/year licensed capacity and 175M lbs historic resources, creating a third U.S. hub-and-spoke platform.

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