Operational Progress and CPP Commissioning Update

• Peninsula remains on track to meet forecast uranium production guidance for CY2026 of 0.4 to 0.5Mlbs, underpinned by the installed CPP production capacity of 2.0Mlbs per annum and the accelerated development of MU-4 currently underway. • Dual precipitation circuits at the Lance Central Processing Plant (CPP), which are used in the final stages of dried yellowcake production, are temporarily offl