<span item_type="fundamental" item_id="3c8fc88b641280ebd9642efb56fe5c8c" counter_id="ETF/US/EU" env="prod"></span><span item_type="announcement" item_id="581924697145611649" env="prod"></span><p>notice_summary_ytd.revenue.</p><p></p><h3>Segment Revenue</h3><ul><li>Sale of 130,000 pounds of uranium (U3O8) at a price of $68.28 per pound, with a weighted average cost of $38.35 per pound for the three months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li><li>Delivery of 480,000 pounds of U3O8 into sales contracts at an average price of $64.13 per pound for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net loss per share was - $0.03 compared to - $0.09 in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li><li>U3O8 extraction of 227,070 pounds, an increase of 11.4% from the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Closing cash and equivalent balance of $100.3 million with working capital of $119.7 million as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Weighted average cost of U3O8 sold was $53.71 per pound versus $97.91 per pound in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li><li>Total cost of extracted pounds was $10,348,000 for 255,000 pounds, with cash costs of $6,680,000 and non-cash costs of $3,668,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The Dewey-Burdock Project in South Dakota was approved for inclusion in the Fast-41 Program for expedited permitting review, supporting domestic uranium production focus in the United States.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li><li>enCore Energy aims to advance the Dewey-Burdock Project into development and operation utilizing the ISR uranium extraction process.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li><li>The company is committed to providing clean, reliable, and affordable fuel for nuclear energy, with plans for future projects including the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1500881/000119312525275748/d99189dex991.htm"></span></li></ul>

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