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Investor Presentaiton

Uranium Price (US$/lb.) The supply side is being challenged to meet growing demand (1) 250 92 U YELLOW CAKE PLC 200 150 100 50 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Secondary Supply Source: 1) MineSpans (May 2022) Operation Closed Operation Operation On Hold Probable Project Demand 27
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