Ur-Energy (URG) Proxy filing summary

Executive summary

• Annual and special meeting scheduled for June 4, 2026, to vote on director elections, auditor re-appointment, executive compensation, frequency of say-on-pay, and renewal of the stock option plan.

• Shareholders can attend in person or listen remotely; proxy materials distributed primarily via internet to conserve resources.

• Record date for voting is April 8, 2026; 397,331,853 common shares outstanding as of that date.

Voting matters and shareholder proposals

• Election of eight directors for one-year terms; all current directors nominated, including a new CEO.

• Re-appointment of BDO USA, P.C. as independent auditors, with board authorized to set remuneration.

• Advisory vote on executive compensation (say-on-pay) and on the frequency of future say-on-pay votes, with board recommending annual frequency.

• Ratification and renewal of the Amended and Restated Stock Option Plan 2005 for three years, authorizing all unallocated options.

• No other shareholder proposals or material related party transactions disclosed.

Board of directors and corporate governance

• Board consists of eight directors with diverse backgrounds in mining, finance, and energy; average age 62, average tenure seven years.

• Board committees include Audit, Compensation, Corporate Governance & Nominating, Treasury & Investment, and HSE & Technical.

• Board refreshment and diversity emphasized; 25% of directors are women or visible minorities.

• All directors attended 100% of board and committee meetings in 2025.

• Lead independent director role maintained; robust orientation and ongoing education for directors.