First Energy Fuels (UUUU) Corporate Media Kit

ENERGY FUELS RESPONSIBLY PRODUCING THE RAW MATERIALS NEEDED FOR CLEAN ENERGY & ADVANCED TECHNOLOGIES 1 URANIUM (CORE BUSINESS) We are the largest U.S. producer of uranium, the fuel for carbon- & emiss ion-free nuclear energy 2 3 4 5 RECYCLING We preserve global resources & help address cl imate change through industry- leading recycl ing programs RARE EARTH ELEMENTS (REE) We began recover ing REEs in 2021; Used in electr ic vehicles (EVs) , renewable energy, batter ies & other technologies VANADIUM We were the largest U.S. producer of vanadium in 2019; Used in steel , high-strength al loys & gr id-scale batter ies 3 1 As of 6/30/2021 MEDICAL ISOTOPES We are evaluat ing the recovery of medical isotopes for use in emerging cancer therapies from exist ing process streams FINANCIAL STRENGTH + ZERO DEBT Cash, secur i t ies & inventory of $98.8M, incl 691,000 lbs. U.S.-produced U 3 O 8 & 1,672,000 lbs. V 2 O 5 6 92 U Uranium 238.03 23 V Vanadium 50.94 90 Th Thorium 232.04 57 La 58 Ce 59 Pr 60 Nd 61 Pm 62 Sm 63 Eu 64 Gd 65 Tb 66 Dy 67 Ho 68 Er 69 Tm 70 Yb 71 Lu