PitchSend

Energy Transition and Uranium Market Dynamics

92 4: Long term contracting has increased significantly, "8 but is not yet at replacement levels Term contracting identified for 2023 has already exceeded the total for 2022 U YELLOW CAKE PLC Mlbs. U308 160 140 120 95.8 100 89.9 80 60 60 60 40 20 1 Term market buying trend - 2023 (1) 53.0 71.8 125.0 152.3 2018 2019 2020 2021 2022 2023 YTD Sources: 1) UxC Weekly Publications, January 2019 - December 2023 12

View entire presentation