Uranium Energy (UEC) Corporate presentation summary

Strategic positioning and integration

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

• Launched United States Uranium Refining & Conversion Corp (UR&C) to provide end-to-end capabilities, including conversion of yellowcake to uranium hexafluoride.

• Over $1 billion in accretive acquisitions since 2017, creating the largest and fastest-growing U.S. uranium company.

• Holds the largest licensed production capacity in the U.S. at 12.1 million lbs U3O8 per year.

• Maintains a strong balance sheet with $698 million in cash, inventory, and equities, and no debt.

Operational and financial highlights

• Restarted Wyoming production with phased ramp-up and completed upgrades at Irigaray plant for 24/7 operations.

• Achieved total cost per pound of $34.35 in Q1 2026, with cash cost at $29.90 per pound.

• Burke Hollow ISR project in Texas nears operational status, and Ludeman satellite project in Wyoming commenced development.

• Completed a $234 million equity offering to accelerate UR&C advancement.

• Built 1.36 million pounds of U3O8 inventory, with additional 300,000 pounds to be added via purchase contracts at $37.05/lb.

Resource base and growth pipeline

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

• Operates scalable hub-and-spoke platforms in Wyoming, Texas, and the Great Divide Basin, with multiple fully permitted projects.

• Acquired Rio Tinto's Sweetwater plant and properties, adding 4.1 million lbs/year licensed capacity and 175 million lbs historic resources.

• Canadian Athabasca Basin portfolio includes the Roughrider project, with a pre-feasibility study showing $946M post-tax NPV and 40% IRR.

• Joint ventures with Cameco and Orano provide exposure to additional large resource bases.