Uranium Energy Corp. Reports Annual Meeting Results and Reappoints Executive Team

Uranium Energy Corp. (NYSE American: UEC), America's largest and fastest growing uranium company, announced the results of its annual meeting of stockholders held July 23, 2026. Stockholders elected Amir Adnani, Spencer Abraham, David Kong, Vincent Della Volpe, Gloria Ballesta and Trecia Canty to the board of directors. They also ratified PricewaterhouseCoopers LLP as the independent registered accounting firm for the fiscal year ending July 31, 2026, and approved a nonbinding advisory vote on named executive officer compensation.

Following the meeting, the board reappointed Amir Adnani as president and CEO, Josephine Man as chief financial officer, treasurer and secretary, Scott Melbye as executive vice president, and Brent Berg as senior vice president of U.S. operations. Complete voting results are available in the company's Current Report on Form 8-K filed with the SEC, accessible at https://nnw.fm/KBRVK.

Uranium Energy Corp controls the largest uranium resource base and the most licensed production capacity in the United States, totaling approximately 12 million pounds per year across its Wyoming and South Texas platforms. In Canada, the company controls one of the most extensive land and resource portfolios in the Athabasca Basin, anchored by the Roughrider Project in Saskatchewan. Through its wholly owned subsidiary, United States Uranium Refining & Conversion Corp, UEC is pursuing domestic refining and conversion capabilities to further strengthen the U.S. nuclear fuel supply chain.

The company maintains a 100% unhedged uranium strategy, providing full exposure to uranium market fundamentals. This strategic approach positions UEC to benefit from rising uranium demand driven by the global push for clean energy and nuclear power. The reappointment of experienced leadership ensures continuity in executing the company's growth plans, which include expanding production capacity and advancing domestic fuel cycle infrastructure.

The annual meeting results and executive reappointments come at a critical time for the nuclear energy sector. With increasing focus on energy security and decarbonization, uranium prices have seen upward momentum. UEC's strong resource base and licensed production capacity make it a key player in supplying fuel for nuclear reactors, which generate reliable, carbon-free electricity. The company's efforts in refining and conversion also aim to reduce U.S. dependence on foreign sources for nuclear fuel, a matter of strategic importance.

For investors and industry observers, the reaffirmation of UEC's leadership and strategic direction signals stability and commitment to long-term value creation. The company's unhedged position allows it to capture the full benefit of rising uranium prices, potentially driving significant revenue growth. As the U.S. and other countries expand nuclear power capacity, companies like Uranium Energy Corp are poised to play a vital role in the energy transition.