Investor Presentaiton

92 U כ 2020 was a transition year for the uranium market YELLOW CAKE PLC Uranium market impacts ■ COVID-19 pandemic highlighted the supply side vulnerability ■ Nuclear energy demonstrated its resilience as a reliable, low-cost electricity supply source ■ US policy issues overhanging the market were resolved ■ A number of countries committed to carbon neutrality and included nuclear power in policy statements 00 8

View entire presentation