Uranium Energy Corp Achieves Leading Uranium Sector Sustainability Ranking

Corpus Christi, TX, September 3, 2024 - Uranium Energy Corp (NYSE American: UEC, the "Company" or "UEC") is pleased to announce that it has received a Sustainalytics Rating of 23.8, which places the Company as the leading uranium mining company and in the top 5^th percentile of the Diversified Metals and Mining Subindustry as rated by Morningstar Sustainalytics (as at September 2, 2024).

Amir Adnani, President and CEO stated: "As the fastest growing North American focused uranium company, we are proud to have attained the leading position in the global uranium industry for our Sustainability work. The top of class rating reflects our ongoing practices since UEC's inception to integrate sustainability into our core business operations. The result further demonstrates our commitment to creating long-term value for our shareholders, stakeholders and Indigenous rights holders by combining environmental care along with business growth."

UEC's latest Sustainability Report is available on the Company's website and highlights our sustainability achievements to date. This includes measuring and reducing carbon emissions, improving biodiversity, restoring project areas, and supporting local communities where we operate.