#1GEOS INVESTOR CONFERENCE RESOURCES RISING STARS SUMMER SERIES INSIGHTS & OPPORTUNITIES FOR INVESTORS BRISBANE THURSDAY 1ST FEBRUARY SOFITEL BRISBANE CENTRAL DISCOVERING HIGH GRADE URANIUM IN THE ATHABASCA BASIN ► Uranium explorer with an extensive uranium exploration ground in the Athabasca Basin, Canada ► Proven and early success with Gemini Uranium Discovery a high-grade discovery, defined over 250m x 290m with immense growth potential Proposed value creating three-way merger with ATHA to assemble Canada's premier uranium exploration company Siobhan Lancaster - Managing Director - 31 January 2024 92 -Energy ASX: 92E I OTCQX: NTELF#2INVESTOR PROPOSITION EXCHANGE SQUARE X ASX ASX: 92E OTCQX: NTELF EXCHANGE SQUARE > 92E is in the investor sweet-spot with approx. $60m market cap, and a high- grade uranium discovery with immense exploration upside A quality exploration portfolio in the Athabasca Basin consisting of 10 projects. Gemini discovery, in the Athabasca Basin Canada, has consistent thick intercepts of uranium (best intercept 43m at 0.62% U₂O, incl 6m at 2.17%), reported assays up to 9.66% U₂O, and tremendous exploration upside. Strong uranium price outlook- spot price at $100/lb (up over $50/lb in the last 12 months) underpinned by a global supply deficit. > Three share price drivers: Value creating three-way merger underway aimed at combining compelling assets, strong funding and experienced management: Under the proposal, 92E shareholders will receive 0.5834 ATHA shares for every 92E share held on the Record Date 92E shares trading well below theoretical transaction price, representing potential upside opportunity as deal progresses Highly favourable uranium price outlook amid growing global shortage 2 92Energy.com о Exploration Success: next drilling program being planned with the aim to grow Gemini and test new targets. 92 Energy#3150 125 ФР 106.00 100 75 15 50 START OF A URANIUM BULL MARKET? URANIUM SPOT PRICE Uranium spot price has increased from $50/lb to $106/lb in the last year (at $100/lb, 30 Jan 2024) Difference between this cycle and the last cycle - supply deficit 10 years of under-investment in uranium exploration and development - result is looming supply shortfall Supply side issues - i.e. Niger Coup, reduction in Cameco Supply, Kazatomprom? Uranium (USD/Lbs) 106.0000 2004 2008 2012 2016 2020 2024 1Y 5Y 10Y 25Y All Figure: Uranium Spot Price Chart 22 January 2024 3 92Energy.com 25 92 Energy#4THE ATHABASCA BASIN: A WORLD-CLASS URANIUM ADDRESS SASKATCHEWAN The Athabasca Basin hosts the highest- grade uranium deposits in the world Uranium deposits in the Athabasca Basin can be more than 100 times higher grade than those elsewhere in the world1 ►92 Energy holds 10 projects in this rich uranium district – with its ground staking strategy. - SASKATCHEWAN Saskatoon 1Source:https://natural-resources.canada.ca/energy/energy-sources-distribution/uranium-nuclear- energy/uranium-canada/about-uranium/7695 92Energy.com ALBERTA SASKATCHEWAN SNOWBIRD POWERLINE WARES ATHABASCA BASIN WORMBOILER MURPHY McClean Lake. Eagle Point Rabbit Lake CLOVER Cigar Lake TOWER McArthur River. CABLE Key Lake ● GEMINI GMZ ALPINE 50 100 km#5GEMINI: WINTER 2023 SPECTACULAR ASSAYS GRADING ~ 10% U3O8 - GEM23-061 UО- 2 GEM23-061: 264.0 m 26k cps 20155 SUPER-SCINT RS 121 37267 Re SUP SCINT क 92 Energy Ltd. GEM23-063: 268.5 m 18k cps GEM23-063: 268.5 m >20k cps GEM23-061: 268.5 m >30k cps - 0.5m @ 9.66% U3O within 5.0m @ 1.47% U308 8 Above: Select drill core grab samples from GEM23-061 and 0632 with strong radioactivity, deformation textures and alteration. Background radioactivity on handheld RS-121 scintillometer shown is approximately 100 counts-per-second (cps). 2Uranium assay results for GEM23-061 and 063 can be found in the 92E ASX announcement dated 4 May 2023 5 92Energy.com#6. 525.800E 526,000E 526,200E GMZ: GEMINI MINERALISED ZONE Basement hosted uranium discovery GMZ is basement hosted and starts just 60m vertically below surface, extending to 280m below surface Thick intercepts of uranium ➤ 43.0m @ 0.62% U3O8 (6,190 ppm) incl. 18.0m @ 1.16% U³O (11,620 ppm) with subinterval 6.0 m @2.17% U308 (21,680 ppm) - GEM22-025 ➤ 5.0m of 1.47% (14,685 ppm) U3O8 incl. 1.5m @ 4.69% (46,933 ppm) with subinterval of 0.5m @ 9.66% (96,600 ppm) - GEM23-061 34.5m @ 0.32% U3O8 and 31.5m @ 0.17% UŽO Remains open with potential for additional zones Gemini remains open, with numerous analogues to initial discovery identified in parallel structure to the GMZ. 6 92Energy.com LEGEND Reported U,O, or eU₂O, Grades (%) 0 >0.5 0.25-0.5 6,373,600N 0.10-0.25 6,373,400N ZZZZ 0.05 0.10 Barren Drillhole GMZ Outline (>0.05% U,O, or eU,O) Inferred mineralisation based on drilling at Ackio Target for additional mineralisation Geology Calc-Metased Gneiss Altered Graphitic Gneiss Meta-Arkose/Psammite Claim Boundary GEM23-055 1m @0.07% U₂O, and 2.5m @ 5.2 g/t Au GEM23-053 0.5m @ 0.14% U₁₂O GEM22-025 43m @ 0.62% U₂O, including 18m @ 1.16% U₂O, including 6m @ 2.17% U₂O, GEM22-027 34.5m @ 0.32% U₂O, and 31.5m @ 0.17% U₂O 6,373,200N GEM22-029 11m @ 0.35% U₂O, and 37m @ 0.22% U₂O GEM22-042 56.5m @ 0.28% U₂O, including 1.0m @ 0.87% U₂O 0.5m @ 0.98% U₂OB 1.0m @ 1.13% U₂O 8.0m @ 0.85% U₂O 6.373.000N 525,800E GEM22-046 27m @ 0.29% U₁₂O, including 4.5m @ 0.67% U₂O₂, and 0.5m @ 0.65% U₂O, and 0.5m @ 0.70% U₂O₂, and 2.5m @ 0.51% U₁₂O 16m @ 0.37% U₂O, including 2.5m @ 0.51% U₁₂O₂, and 5.0m @0.59% U₂O GMZ Outline Open GEM23-061 6,373,600N Target area for parallel zones of mineralisation Open GEM23-075 5.0m @ 1.47% U₂O, including 1.5m @ 4.69% U₂O₂, and 0.5m @ 9.66% U₁₂O 526,000E 100 Meters NAD83/UTM zone 13N 92 6,373,400N 6,373,200N -Energy 526,200E 6.373.000N#7GEMINI: UPSIDE PARALLEL STRUCTURE DISCOVERED - GEM23-075 intense hydrothermal alteration uranium pathfinders GEM23074: 1.5m @ 0.2% U3O, and 0.5m @ 3.8% Cu PARALLEL STRUCTURE 300M EAST OF GMZ 92 Energy 6374500N 6374000N Ltd. GEM23-0650 524500E 525000E GEM23,073 525500E The result, in the final hole completed in 2023 (GEM23-075), is 300m east of the GMZ POTENTIAL FOR NEW ZONES ALONG NEW TREND The new structure is considered highly promising because it shows there is potential for new parallel zones to be discovered along this trend, which remains largely untested over 600m of strike length. 6373500N Legend Intense alteration and uranium mineralisation Summer 2023 Drillhole Historical Drillhole Moving Loop EM Conductor Axis GMZ Uranium Discovery Background: VTEM Calculated vertical gradient (CVG) GEM23-876 GMZ GEM23-69A GEM23-066 GEM2 72A GEM23-075 OGEM23-064 ⚫GEM23-068 PROPERTY BOUNDARY 0 125 250 375 500m Figure: Plan map showing the Summer 2023 and historical drillholes and interpreted Moving Loop EM conductor axes superimposed on VTEM CVG image. 3 Refer to ASX Release: 13 September 2023 92 Energy Ltd. GEM23-071 • GEM23-070 GEM23-074 GEM23-067 526000E Interpreted prospective fault zone 526500E#8GEMINI: GMZ EXHIBITS STRUCTURAL SIMILARITIES TO THE RABBIT LAKE DEPOSITS 8 NW Athabasca Group Plagioclasite Ore Calc-Silicates Geological section through the Rabbit Lake deposit 0 50 100 metres Rabbit Lake Fault Overburden North-South Fault Upper Gneiss Ore High-Grade Ore SE W Overburden Om Meta-Arkose/ Psammite GMZ Basal Gaphitic Fault Zone Geological section through the GMZ (Section 6,373,250N) Target areas for unconformity-hosted mineralisation Athabasca Group Parallel North-South Calc-Metasediments/ Plagioclasites Fault Zone GMZ 200m Target areas for parallel lenses of mineralisation Parallel Graphitic Fault Zone Mineralisation is controlled by parallel structures at Rabbit Lake, with two ore bodies sitting between the structures. Rabbit Lake Project - History of Exploration and General Geology CIM Bulletin, Vol. 82, No. 932, 1989 92Energy.com Newly discovered parallel structure at the GMZ with potential to host additional zones of mineralisation E 92 Energy Ltd.#9GEMINI: MANY TRENDS DISCOVERED IN THE ATHABASCA BASIN HAVE NUMEROUS DISCOVERIES 0 3km A-Zone DENISON PROJECTS Murphy Lake Hatchet Lake Waterbury North Wolly Eagle Point Waterbury Lake Zonough McClean Mill Midwi ㄨ McClean Lake D-Zone B-Zone Ivison Boy Athabasca Group Athabasca Group Aphebion Metasediments Wollaston Collins Bay Fault Rabbit Lake Pit Loke -8470000 mN 646500 as & D -Per Manflad J Zone Future WAT18-479 WAT18-478 0.43% U,O, over 1.0 m (including 0.73% U,O, over 0.5 m) from 262.5 to 263.5 m 0.20% U,O, over 0.5 m from 372 to 372.5 m 0.45% U,O, over 0.5 m from 410.5 to 411 m 0.31% U,O, over 0.5 m from 420 to 420.5 m Target Area GB Trend GB Trend Oban Trend Oban South Huskie Waterbury Lake Project (Denison, KWULP) 5.7 M lbs U,O, Inferred (268,000 tonnes 0.96% U,O) interpreted Regional Midwest Structure 12.8 M lbs U,O, Indicated (291,000 tonnes 2.00% U,O,) Midwest A 10.8 M lbs U,O, Indicated (566,000 tonnes 0.87% 0,0) & 6.7 M lbs U,O, Inferred (53,000 tonnes 5.81% U,O Midwest Structure Completed 2018 DCIP Resistivity survey Midwest Project (Denison, Areva, OURD Roughrider Waterbury East claim GB Northeast N Phanerozoic Patterson Lake Corridor Athabasca Basin Spitfire Harpoon Cannon Bow✩ ROOE R840W R780E Patterson Lake R1620E Triple R PLC Exploration, Environment, Analysis. Published February 2022 R1515W Arrow Arrow South Aphebian Metasediments Horseshoe Raven Modified from CIM Bulletin, Vol. 82, No. 932, 1989 9 92Energy.com 6460000 N Midwest Extension vest Main 39.9 M lbs U,O, Indicated (453,000 tonnes @4.00% U,O) & 11.5 M lbs UO, Inferred (793,000 tonnes @ 0.66% U,O) Painta North Landing Uranium deposits. Property Boundary 2019 Drill Target Area Interpreted Basement Geology Granite Metasedimentary corridors Structural corridors 2 km Further details regarding the mineral resource estimates for the Waterbury Lake and Midwest properties can be found in the following NI 43-101 Technical Reports: Technical Report with an Updated Mineral Resource Estimate for the Waterbury Lake Property, Northern Saskatchewan, Caneda with an effective date of December 21, 2018 Technical Report with an Updated Mineral Resource Estimate for the Midwest Property, Northem Saskatchewan, Canada with an effective date of March 28, 2018 Reports are available on Denison's website at www.denisonmines.com and under Denison's profile on SEDAR atwww.sedar.com and on EDGAR at www.sec.gov/adgar.shtml Modified from Denison Press Release, 9 January 2019 Radioactive boulder field 0 1.25 2.5 5 kilometres It's all about the trend! Taltson Domain 92 Energy#10GEMINI: MANY TRENDS DISCOVERED IN THE ATHABASCA BASIN HAVE NUMEROUS DISCOVERIES A Prospective North-South Structural Corridor Gemini VTEM TDR 10 92Energy.com LEGEND no current geophysics coverage no current geophysics coverage Exploration Target Area Interpreted Major Cross Fault Gemini Mineral Dispositions The GMZ mineralisation is situated on a prospective north- south structural corridor that is entirely untested over a strike length of almost 14km. Target zones with structural similarities to the GMZ have been identified on the Gemini property for future exploration. GMZ 0 1 2 3 4 5 km 92 Energy#11Benefits of Proposed Three-way merger for 92E Shareholders CANADIAN FOCUSED EXPLORER MADE FOR THE CYCLE By combining 92E, ATHA and Latitude, 92E shareholders, may realise significant benefits incl: largest Uranium exploration portfolio in the Athabasca Basin and Thelon Basin: exposure to 7.1 million acres of exploration acreage in Canada. historic resource with expansion potential: the Merged Group will hold two discoveries highlighted by the Angilak Project (43.3Mlbs 0.69% U308) in Nunavut, Canada and CMB Project (14Mlbs U308) in Labrador, Canada, with both discoveries showing district expansion potential; continued exposure Gemini: the Gemini Discovery in the Athabasca Basin is a high-grade, basement hosted discovery along a mineralised trend with excellent potential for additional discovery along an underexplored corridor; exceptional leadership team: the amalgamated board and management have decades of experience, in uranium exploration, development, operations, and capital formation strengthened capital markets profile: significantly larger market capitalisation ▸ access to approx. CAD$65m pro-forma cash to fund exploration activities. 11 92Energy.com *Refer to 92 Energy ASX Release Dated 8 December 2023 for further details 92 Energy Ltd.#12ATHA Energy Transaction Presentation ASSET OVERVIEW A comprehensive asset portfolio with maximized torque to exploration upside Athabasca Basin Thelon Basin ATHA ENERGY CORP. 92 Energy Angilak Deposit Central Mineral Belt LJ LATITUDE URANIUM Transaction Rationale EXPLORATION PIPELINE 7.1MM Acres of Exploration Land 1,2 3.8MM acres of land within the Athabasca Basin, 2.9MM acres of land in the Thelon Basin, and 360k acres of in the Central Mineral Belt RECENT DISCOVERY The Gemini Discovery 1,2 A high grade, basement hosted discovery along a mineralized trend with tremendous potential for additional discovery along underexplored corridor ESTABLISHED RESOURCE Angilak & CMB Discoveries¹,2 ww Angilak deposit (43.3MM lbs U308) in Nunavut and CMB discoveries (14.5MM lbs U3O3) in Labrador with significant district expansion potential CARRI INTEREST Upside to Major Developers 10% carried interest on key parts of NexGen and IsoEnergy land, which is actively being explored Exploration program planned FULLY FUNDED Expansion program planned FULLY FUNDED Expansion program planned FULLY FUNDED CSE:SASK FRA: X5U OTCOB: SASKE क Exploration programs ongoing ATHA Energy Transaction Presentation - Dated 8 December 2023 FULLY PARTNER FUNDED 'A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves and none of ATHA, Latitude, or 92E is treating the historical estimates as current mineral resources or mineral reserves. See Appendix for additional details Based on post-transaction consolidated basis; No guarantee of completing transaction 4 92 Energy Ltd.#13** Our People A management and technical team with a strong capital markets presence and notable uranium development experience from Cameco, NexGen Energy, IsoEnergy, and Mega Uranium JIN Our Assets 1,2 Angilak Deposit (43.3MM lbs 0.69% U308), CMB discoveries (14.5MM lbs U308), a recent high-grade, near surface discovery (Gemini), 3.8MM acres of Athabasca Basin land, 2.9MM acres of Thelon Basin land, 360k acres of Newfoundland and Labrador land, and upside to key NexGen Energy and Iso Energy lands Our Strategy Leveraging the largest uranium exploration portfolio in Canada that includes high potential generative projects through to district-scale resource expansion in order to create unmatched exploration torque Troy Boisjoli CEO Mike Castanho Chairman Siobhan Lancaster² Executive Director Doug Engdahl Director Sean Kallir Director Jeff Barber Director NexGen Energy Ltd. AXIS CAPITAL Cameco RESEARCH CAPITAL CORPORATION EXTRACT resources ટ AXIOM GROUP nupower RESOURCES LTD cg/Canaccord Cameco Genuity Allens >< Linklaters CSE: SASK FRA: X5U OTCQB: SASKF HGC INVESTMENT MANAGEMENT INC Standard Li LITHIUM Deloitte. RAYMOND JAMESⓇ cg/Canaccord Genuity Transaction Rationale Latitude Nominee² Director ATHA Energy Transaction Presentation Dated 8 December 2023 3 92 Energy 'A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves and none of ATHA, Latitude, or 92E is treating the historical estimates as current mineral resources or mineral reserves. See Appendix for additional details 2 Based on post-transaction consolidated basis; No guarantee of completing transaction#14.000 ni ✓ Discoveries & Expansion Torque Angilak, Gemini, and CMB discoveries host significant opportunity to add lbs of U308 with expansion drilling. 10% carried interest providing upside to key parts of NexGen and IsoEnergy land 1.2 Dominant Multi-Basin Land Position The largest uranium exploration land package in Canada with 7.1MM acres of exploration tenements across the Athabasca Basin, Thelon Basin, and Central Mineral Belt Fully Funded Programs Cash balance of over C$65MM available to fully fund the next stages of the Company's exploration initiatives as well as the expansion strategy at each current discovery² A uniquely- equipped uranium exploration vehicle designed for an unprecedented uranium cycle EXPLORE Transaction Rationale け Exceptional Team & Global Reach Combining exceptional technical, corporate, M&A, and capital markets experience with global resource development perspectives Continuous Pipeline of Catalysts Leveraging diversified portfolio of exploration assets to continuously create value through organic greenfield exploration, resource expansion, carried interest upside, and farm-out potential CSE: SASK FRA: X5U OTCQB: SASKF EXPAND DEVELOP Excludes NexGen Arrow Deposit and IsoEnergy Hurricane Deposit 2 Cash balance based on best-effort financing 11 ATHA Energy Transaction Presentation Dated 8 December 2023 - 92 Energy Ltd.#15CORPORATE SNAPSHOT ASX: 92E OTCQX: NTELF CAPITAL STRUCTURE Total shares on issue (undiluted) SHAREPRICE PERFORMANCE 106.7m Share price (31 January 2024) $0.57 92E $0.570 Style: Line Period: Daily Index: None Market capitalisation $60m 0.600 92E Options and Performance Rights 9.3m 0.550- Cash on hand (as at 31 December 2023) $5m 0.500 0.450 KEY SHAREHOLDERS IsoEnergy Ltd Sachem Cove (Uranium Fund) BOARD AND MANAGEMENT Richard Pearce Siobhan Lancaster Steve Blower Non-executive Chairman Managing Director/ Chief Executive Officer Non-Executive Director Oliver Kreuzer Non-Executive Director Matt Gauci Non-Executive Director 0.400 10.11% 0.350 4.92% 0.300 0.250 Oct 15 92Energy.com EXCHAN Nov Dec Jan 24 92 Energy#16SUMMARY ASX: 92E OTCQX: NTELF 16 92Energy.com Four potential share price drivers: ✓ Exploration Success: next drilling program being planned with the aim to grow Gemini and test new targets. ✓ Highly favourable uranium price outlook amid growing global shortage ✓ Value creating three-way merger underway aimed at combining compelling assets, strong funding and experienced management. ✓ 92E shares trading well below theoretical transaction price, representing potential upside opportunity as deal progresses 92 Energy Ltd.#17A DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular Investment Needs, Objectives And Financial Circumstances. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of 92 Energy Ltd, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. The information in this announcement that relates to Exploration Results is based on information compiled and conclusions derived by Dr Oliver Kreuzer. Dr Kreuzer is a Member (#2762) and Registered Professional Geologist (RPGeo #10073) of the Australian Institute of Geoscientists (AIG) and a Member (#208656) of the Australasian Institute of Mining and Metallurgy (AusIMM). Dr Kreuzer is an employee of 92 Energy Limited and holds securities in the Company. Dr Kreuzer has sufficient experience which is relevant to the style of mineralisation and types of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr Kreuzer consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Additionally, there is information in this report that relates to previously reported Exploration Results on the following date: 20 September 2021, 13 May 2022, 25 August 2022, 30 November 2022, 27 March 2023 and 4 May 2023 (Announcements). The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results information included in the Announcements. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the Announcements. 92 17 92Energy.com Energy#18DISCLAIMER (cont...) Forward Looking Statements ► Some statements in this report regarding estimates or future events are forward-looking statements. Forward-looking statements include, but are not limited to, statements preceded by words such as "planned", "expected", "projected", "estimated", "may", "scheduled", "intends", "anticipates", "believes”, “potential", "could", "nominal", "conceptual" and similar expressions. Forward-looking statements, opinions and estimates included in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward-looking statements are provided as a general guide only and should not be relied on as a guarantee of future performance. Forward-looking statements may be affected by a range of variables that could cause actual results to differ from estimated results expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to liabilities inherent in exploration and development activities, geological, mining, processing and technical problems, the inability to obtain exploration and mine licenses, permits and other regulatory approvals required in connection with operations, competition for among other things, capital, undeveloped lands and skilled personnel; incorrect assessments of prospectivity and the value of acquisitions; the inability to identify further mineralisation at the Company's tenements, changes in commodity prices and exchange rates; currency and interest rate fluctuations; various events which could disrupt exploration and development activities, operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions; the demand for and availability of transportation services; the ability to secure adequate financing and management's ability to anticipate and manage the foregoing factors and risks and various other risks set out in the Prospectus. There can be no assurance that forward-looking statements will prove to be correct. Statements regarding plans with respect to the Company's mineral properties may contain forward looking statements. Statements in relation to future matters can only be made where the Company has a reasonable basis for making those statements. Authorised for release to the ASX by Siobhan Lancaster, Managing Director. 18 92Energy.com 92 Energy Ltd.#19BOARD: 80+ YEARS URANIUM EXPERIENCE RICHARD PEARCE Chairman A mining executive with 30+ years experience. Mr Pearce was a founding director of successful uranium IPO's on the ASX with Nova Energy Limited (acquired by Toro Energy) and Wildhorse Energy Limited. 19 92Energy.com SIOBHAN LANCASTER Managing Director/CEO An executive with 20+ years experience in the corporate and mining sector. Was Company Secretary/Corporate Affairs at Extract Resources, where she was a key player in its $2.1b takeover to CGNPC. STEVE BLOWER Non-Executive Director Mr Blower is a Professional Geologist with 30 years of experience in the minerals industry. For the past 15 years, Mr Blower has been involved in uranium exploration in the Athabasca. Steve was previously VP Exploration at IsoEnergy. OLIVER KREUZER Non-Executive Director A PhD qualified geoscientist with 20+ years experience as a mineral explorer, consultant and company director and across multiple commodities and jurisdictions. Previously team leader of Australia's largest uranium prospectivity study and has worked extensively with the IAEA on uranium mineral systems. MATT GAUCI Non-Executive Director A mining executive with 20+ years experience. Mr Gauci has worked in the sector across consulting roles at Kintyre, Ranger and Olympic Dam, and as Managing Director of Uranex Limited. Previously Corporate Development of Australia's largest uranium prospectivity study and founder of 92E. SERDAR DONMEZ Vice President Exploration Mr Donmez is a Professional geologist with over 17 years of experience in the Athabasca Basin Canada, with Denison Minding Corp. Previously held positions include Resource Geology Manager. Mr Donmez was also a member of the team that investigated ISR in the Athabasca Basin. 92 Energy Ltd.#2020 20 92 22 238 U URANIUM BEST FUNDAMENTALS FOR URANIUM MARKET IN LIFETIME SHORT TERM URANIUM DRIVERS 10 years of under-investment in uranium exploration and development - result is looming supply shortfall Supply side issues – i.e. Niger Coup, reduction in Cameco Supply, Kazatomprom? Long-term contract market for uranium between producers and utilities resumed, demonstrating the supply risk has shifted to utilities Energy security concerns resulting in stockpiling of uranium and Nuclear Power Plant (NPP) extensions ➤ Financial market speculation (primarily from SPUT 14) 92Energy.com LONGER-TERM URANIUM PRICE DRIVERS Electrification - electricity demand predicted to grow by 75% from 2020 levels to 202515 Global shift to decarbonisation - COP28 - 25 countries pledged to triple nuclear energy by 2050, incl US, France and Canada Small modular reactors (SMR's) - potential to replace coal? In 2022, risks to energy security resulted in a record number of nuclear power plant restarts, extensions, and new build announcements. Some recent events: Japan restarting nuclear reactors and announced new builds. China NPP's 156 proposed, 47 planned, 21 under construction, 55 in operation 1 - 16 India NPPs - 28 proposed, 12 planned, 8 under construction 13 Korea announced +30% of energy will be produced using nuclear NPP Extensions US, Belgium, Japan 14 Sprott Physical Uranium Investment Trust 15 IEA World Economic Outlook 16 WNA Nuclear Power Reactors and Uranium Requirements - Jan 2023 92 Energy Ltd.