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 advance American nuclear fuel security and energy dominance.

• Over $1 billion in accretive acquisitions since 2017, building the largest licensed production capacity in the U.S.

• Holds 12.1 million lbs/year of licensed U.S. production capacity across three central processing plants.

• Maintains 100% unhedged price exposure, maximizing benefit from rising uranium prices.

Financial and operational highlights

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

• 1.66 million pounds of U3O8 in inventory, including 300,000 lbs delivered at $37.05/lb.

• Total cost per pound of $34.35 in Q1 2026, with cash cost at $29.90/lb.

• Strategic inventory buildup ahead of Section 232 decision and projected supply deficits.

• Major expansion of ISR production, with phased ramp-up and plant upgrades completed.

Resource base and growth pipeline

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

• Largest, diversified resource base in the Western Hemisphere, including U.S., Canada, and Paraguay.

• Four scalable hub-and-spoke platforms: Irigaray, Hobson, Sweetwater, and Roughrider.

• Sweetwater acquisition from Rio Tinto adds 175 million lbs historic resources and 4.1 million lbs/year licensed capacity.

• Advanced pre-feasibility at Roughrider, with $946M post-tax NPV, 40% IRR, and 6.8M lbs/year LOM production.