Uranium Energy Corp Announces Results of Annual General Meeting

July 16, 2024, Corpus Christi, Texas – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that, in conjunction with the holding of the Company’s recent annual general meeting of stockholders on July 16, 2024 (the “AGM”), the following proposals were duly ratified by the Company’s stockholders in the following manner:

• Amir Adnani, Spencer Abraham, Vincent Della Volpe, David Kong, Gloria Ballesta and Trecia Canty were elected to the Board of Directors of the Company;
• PricewaterhouseCoopers LLP, Chartered Professional Accountants, were appointed as the Company’s independent registered accounting firm;
• the Company’s 2024 Stock Incentive Plan was approved – with 97.82% in favor; and
• the Company’s executive compensation was approved – with 97.13% in favor.

Details of the voting will be provided by the Company in a Form 8-K Current Report filing to be made shortly.

Following the AGM the following Executive Officers of the Company were re-appointed by the Board of Directors of the Company:

Amir Adnani:               President and Chief Executive Officer;

Pat Obara:                    Secretary, Treasurer and Chief Financial Officer;

Scott Melbye                Executive Vice President; and

Brent Berg                    Senior Vice President, U.S. Operations.

About Uranium Energy Corp

Uranium Energy Corp is the fastest growing supplier of the fuel for the green energy transition to a low carbon future.  UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly in-situ recovery (“ISR”) uranium projects in the United States and high-grade conventional projects in Canada.  The Company has two production-ready ISR hub and spoke platforms located in South Texas and Wyoming.  These two production platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place.  Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of North American warehoused U₃O₈; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects. The Company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining.

For additional information, please contact:

Uranium Energy Corp Investor Relations
Toll Free: (866) 748-1030
Fax: (361) 888-5041
E-mail: info@uraniumenergy.com

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