First Energy Fuels (UUUU) Corporate Media Kit

MARKET POSITION – URANIUM NORTH AMERICAN SPACE AS OF October 12, 2021 1 COMPANY MARKET CAP (US$MM) CASH, SECURITIES, INVENTORY (US$MM) TOTAL DEBT (US$MM) URANIUM INVENTORY (MM LBS.) 2 2021 URANIUM PRODUCTION VANADIUM RECYCLING MEDICAL ISOTOPES RARE EARTHS Cameco $9,140 $1,346 ($827) 9.9      NexGen Energy $2,466 $187 2 ($49) 2       Denison Mines $1,228 $159 2,5 $0 2.3  4     Energy Fuels $1,065 $99 1 $0 0.69      Uranium Energy Corp $739 $84 6 ($10) 0.90 5      Fission Uranium $492 $45 2 ($6)       Ur-Energy $330 $29 ($12) 0.28      Peninsula Energy $169 6 $17 6 $0 0.02 6      1 This chart reflects the most recent publicly available information; Energy Fuels’ information is disclosed in its Form 10-Q for the quarter ended June 30, 2021 2 Cdn$ = US$0.803 3 Au$ = US$0.736 4 Does not include minority share of inventory/production of operating McClean Lake Mill 5 Announced additional purchases of 1.4 million lbs. of uranium on the open market; deliveries to occur during 2021 - 2023. 6 Includes Au$13.4 million (US$9.9 million) equity placement in May 2021 to purchase of 300,000 lbs. on the open market; delivery to occur in June 2021. 8