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Investor Presentaiton

ENERGY FUELS EXPOSURE TO SEVERAL CRITICAL MINERALS NEEDED FOR THE CLEAN ENERGY REVOLUTION Uranium: Unmatched ability to quickly increase low-cost U.S. uranium production from proven assets More production facilities, capacity & experience than any other U.S. company Rare Earths: Vanadium: Medical Isotopes: Recycling: Financial Strength: Producing REE carbonate - a product more advanced than any other U.S. company Quickly advancing toward full-integration of U.S.-centric rare earth supply chain Significant existing inventory & production option with improving markets For emerging cancer therapies potentially produced from existing uranium & thorium feeds Industry-leading programs that save resources & help address climate change Well-positioned financially with strong balance sheet, significant inventory + zero debt Energy Fuels produces the raw materials needed for many of today's clean energy & advanced technologies - in the U.S. to the highest global standards 24 eFE ENERGY FUELS
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