Ur-Energy (URG) Corporate presentation summary

Market environment and industry trends

• AI-driven data center growth and nuclear reactor restarts are increasing long-term uranium demand.

• U.S. government policies and regulatory reforms are supporting domestic nuclear fuel supply chains and energy security.

• Only about 8% of 2024 uranium deliveries were U.S.-origin, highlighting a supply gap.

Asset portfolio and operations

• Operates two ISR uranium facilities in Wyoming: Lost Creek (13 years mine life) and Shirley Basin (9 years mine life).

• Combined measured and indicated resources total 21.0M lbs, with 10.4M lbs inferred.

• Lost Creek has produced over 3.5M lbs U3O8 since 2013, with recent monthly production at a multi-year high.

• Shirley Basin began initial operations in April 2026, with first uranium resin shipments expected summer 2026.

Financials and sales agreements

• 1.3M lbs contracted uranium sales for 2026, with 5.75M lbs under contract through 2033.

• Contracts feature a mix of fixed and market-based pricing, providing both revenue security and upside exposure.

• Market cap as of July 2026 is approximately $508.5M, with $107.5M in cash and $120M in convertible notes.