Energy Fuels (EFR) Proxy filing summary

Executive summary

• Achieved significant financial and structural growth in 2025, advancing diversification into critical materials and clean energy markets.

• Transitioned leadership with Ross Bhappu appointed as President and CEO in April 2026, following Mark Chalmers' retirement.

• Strategic priorities include people-centric growth, project execution, financing, and global operating model development.

• Mission and values emphasize integrity, respect, operational excellence, safety, and environmental stewardship.

Voting matters and shareholder proposals

• Shareholders to vote on election of seven directors, appointment of KPMG LLP as auditors, approval of executive compensation (Say-on-Pay), and frequency of future Say-on-Pay votes (Say-When-On-Pay).

• Board recommends annual Say-on-Pay votes and supports all proposals.

• No director nominations received from shareholders; all nominees are management's selections.

Board of directors and corporate governance

• Board reduced from nine to seven members; two long-serving directors not seeking reelection.

• Board and committees are majority independent; annual effectiveness assessments and director overboarding policies in place.

• Comprehensive succession planning and director orientation/continuing education programs.

• Board diversity policy in effect; 22% female and 11% racially/ethnically diverse.