Uranium Energy Corp. · AMEX:UEC
Uranium Energy — Q3 2026 Earnings Presentation
20 slides from Uranium Energy's earnings presentation, Jun 9, 2026
Slide 1: America's Largest & Fastest Growing Uranium Company
AMERICA’S LARGEST & FASTEST GROWING URANIUM COMPANY Building America’s Only Vertically Integrated Fuel Supply Chain, from Mining through Conversion to Support U.S. Enrichment Fiscal 2026 Third Quarter Results June 9, 2026 URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
Slide 2: Disclaimer
Disclaimer References to the “Company” and “UEC” herein are to Uranium Energy Corp. Unless otherwise specified, all references to dollar amounts are to United States Dollars. Figures may not add up due to rounding. Forward-Looking Statements: Except for the statements of historical fact contained in
Slide 3: Results for the Third Quarter of Fiscal 2026
Results for the Third Quarter of Fiscal 2026 Major Milestone Commenced Production at Burke Hollow, America’s Largest Greenfield ISR Uranium Project Scaling Production UEC is Now Operating Two of its Three U.S. Hub-and- Spoke ISR Production Platforms, Anchored by the Largest Uranium Resource Base in
Slide 4: Third Quarter 2026 Highlights
Third Quarter 2026 Highlights Operations Commenced at • America’s largest greenfield ISR project to come into production in over a decade Burke Hollow • Total Cost per Pound(1) of $54.61, including Cash Cost per Pound(1) of $46.69 on 32,195 Maintaining Low- pounds of uranium concentrate Cost Product
Slide 5: Third Quarter 2026 Financial Highlights
Third Quarter 2026 Financial Highlights Strong Balance Sheet with No Debt and Strong Inventory Position $794 M 1.46 M Strategic Liquid Assets(1) Pounds of U₃O₈ in inventory(1) Inventory Position • Robust Balance Sheet, • Inventory excludes • Maintained uranium with no debt ~277,000 pounds of invento
Slide 6: Four Production Growth Pillars
Four Production Growth Pillars Scalable Hub-and-Spoke Platforms with Robust Development Portfolio(1) Irigaray Central Hobson Central Sweetwater Central Roughrider Project Processing Plant Processing Plant Processing Plant U.S. ISR Operations U.S. ISR Operations U.S. ISR & Conventional Development Ca
Slide 7: Powder River Basin, Wyoming, Hub-and-Spoke Operations
Powder River Basin, Wyoming, Hub-and-Spoke Operations Expanding Production Capacity at Irigaray CPP & Christensen Ranch Continued Production Ramp Up while Maintaining Low-Cost Profile ✓ Since commissioning, Total Cost per Pound remains a leader in the domestic industry at $39.30, including Cash Cost
Slide 8: Powder River Basin, Wyoming, Hub-and-Spoke Operations
Powder River Basin, Wyoming, Hub-and-Spoke Operations Development Advances at the Ludeman Satellite Project UEC’s Next Planned ISR Operation and Second Satellite to Irigaray CPP ✓ 9.7 Million lbs. Measured and Indicated Resources, and 1.3 Million lbs. Inferred resources.(1) ✓ Fully licensed and perm
Slide 9: South Texas Hub-and-Spoke Operations
South Texas Hub-and-Spoke Operations Burke Hollow Commences Production America’s Largest Greenfield ISR Project to Come into Production in Over a Decade ✓ 6.15 Million lbs. Measured and Indicated Resources, and 4.88 Million lbs. Inferred resources(1). ✓ Injection and recovery wells started, along wi
Slide 10: Sweetwater Central Processing Plant
Sweetwater Central Processing Plant Advancing Sweetwater Mill and Properties Accelerating Wellfield Development & Advancing FAST-41 Permitting ✓ Permitting milestone achieved with the finalization of the BLM’s completeness review of UEC’s Plan of Operations for ISR Operations. ✓ Commenced a 200-hole
Slide 11: World Class Roughrider Project
World Class Roughrider Project Advancing Pre-Feasibility Study Drilling Program >80% complete ✓ 80% of the 35,000-meter conversion core drilling program completed. ✓ Advancing technical studies. ✓ Working with SaskPower towards a Definition Phase Agreement for a high-voltage power connection, electr
Slide 12: U.S. Uranium Refining & Conversion Corp
U.S. Uranium Refining & Conversion Corp Strengthening American Energy Security Positioning to become the only vertically integrated U.S. company from U3O8 to UF6 ✓ Received Docket Number from the U.S. NRC, a key step in the licensing process. ✓ Ongoing discussions with the U.S. Department of Energy
Slide 13: Critical Minerals Portfolio
Critical Minerals Portfolio Alto Paraná Project Potential to Strengthen U.S. Supply Chain Security(1) A Globally Significant Critical Minerals Platform ✓ Potential to materially contribute to the security and diversification of U.S. supply chains for titanium and vanadium. ✓ Strong PEA economics inc
Slide 14: Unprecedented Bipartisan & White House Support
Unprecedented Bipartisan & White House Support Investments in Nuclear, Domestic Uranium and Fuel Cycle Supply U.S. government signs U.S. – Japan Agreement U.S. government U.S. Government U.S. Department of War $80B investment into includes $25B investment designates Uranium Section 232 Critical and
Slide 15: Continued Progress Towards Becoming America's Only Vertically Integrated Uranium Company
Continued Progress Towards Becoming America’s Only Vertically Integrated Uranium Company ▪ Robust Financial Position with $794 million in liquid assets(1), including 1,456,000 pounds of U₃O₈, and no debt ▪ Largest uranium resource base in the United States ▪ Major expansion of ISR production in Wyom
Slide 16: Uranium Energy Corp
URANIUM ENERGY CORP Toll Free: (866) 748-1030 info@uraniumenergy.com www.uraniumenergy.com Corporate Office 500 North Shoreline Ste. 800N Corpus Christi, TX 78401 Tel: (361) 888-8235 Fax: (361) 888-5041 President and CEO: Amir Adnani Executive Vice President Scott Melbye Investor Relations: Bruce J.
Slide 17: Appendix
Appendix URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM 17
Slide 18: UEC U.S. and Paraguay Resource Summary
UEC U.S. and Paraguay Resource Summary(1) Measured Resources Indicated Resources M+I Inferred Exploration Target Historic** PROJECTS Tons Grade lbs. U3O8 Tons Grade lbs. U3O8 lbs. U3O8 Tons Grade lbs. U3O8 Tons Grade lbs. U3O8 Tons Grade lbs. U3O8 ('000) (% U3O8) ('000) ('000) (% U3O8) ('000) ('000)
Slide 19: Canadian Attributable Resource Summary
Canadian Attributable Resource Summary S-K 1300 Resources (1) Project Indicated Resources Inferred Resources Tonnes Grade M lbs. Tonnes Grade M lbs. (000's) (% U3O8) U3O8 (000's) (% U3O8) U3O8 Roughrider 699 1.81 27.86 619 2.45 33.38 Christie Lake - - - 488 1.57% 16.84 Horseshoe-Raven 10,353 0.16% 3
Slide 20: Non-GAAP Measures
Non-GAAP Measures This presentation includes reference to "Total Cost per Pound", “Cash Cost per Pound”, “Non-Cash per Pound” and "Production-Based Royalties, Ad Valorem and Severance Tax per Pound", which do not have standardized meanings under GAAP. We define: (i) Total Cost per Pound as the addit