Investor Presentaiton

Reactor build programs and life extensions driving uranium demand 92 U YELLOW CAKE PLC Global nuclear reactor fleet will continue to grow, especially in China, India, and the Middle. East China 26 reactors under construction, 42 planned India Russia 8 reactors under construction, 12 planned 3 reactors under construction, 25 planned UAE 3 operating reactors, 1 reactor under construction Investment in nuclear power Operable reactors (1) Reactors under Planned construction (1) reactors (1) Proposed reactors (1) World Nuclear Reactor Fleet 437 61 113 328 Chinese Reactor Fleet 55 26 42 154 Source: 1) World Nuclear Association, World Nuclear Power Reactors & Uranium Requirements (January 2024) 12

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