ENERGY FUELS $UUUU Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $29.2M (Est. $32.8M) 🔴; +65% YoY 🔹 EPS: -$0.20 (Est. -$0.05) 🔴 🔹 Net Loss: $52.4M Announcements: 🔹 ASM Acquisition: Completed; KMP adds commercial-scale REE metal and alloy production 🔹 VAC Acquisition: Pending; 3,500 tpa magnet-block capacity, expandable to 13,500 tpa 🔹 White Mesa Mill: Construction approved for commercial-scale heavy REE circuits Other Q3 Metrics: 🔹 Uranium Revenue: $28.4M 🔹 Working Capital: $932.3M Key Updates: 🔹 Uranium Mined: 385,000 pounds in Q3; 1.1M pounds YTD 🔹 Donald Project: Up to A$180M financing package within proposed A$200M facility Comments: 🔸 “Higher realized uranium prices supported improved margins, while we continued advancing our uranium production pipeline. The completion of the ASM acquisition was a major strategic milestone, adding commercial-scale rare earth metal and alloy production at our KMP.”