URG · Ur-Energy Inc

The options were priced at $2.29 Canadian dollars; $1.6504 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7207) www.bankofcanada.ca

The options will vest and become exercisable as follows: 40,000 on 1/12/2027; 40,000 on 1/12/2028; and 40,000 on 1/12/2029.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

The shares were sold at $1.9894 Canadian dollars, $1.4548 U.S. dollars is the equivalent of the sales price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7313).

The RSUs were released and the shares were acquired at $1.9894 Canadian dollars, $1.4548 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7313).

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

On December 7, 2023, the reporting person was granted 16,407 Restricted Share Units ("RSUs"). On redemption, the reporting person received 16,407 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

On December 7, 2023, the reporting person was granted 27,384 Restricted Share Units ("RSUs"). On redemption, 7,997 RSUs were withheld by the Company solely for the purpose of satisfying tax withholding obligations and the reporting person received 19,387 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

On December 7, 2023, the reporting person was granted 25,376 Restricted Share Units ("RSUs"). On redemption, 7,410 RSUs were withheld by the Company solely for the purpose of satisfying tax withholding obligations and the reporting person received 17,966 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

On December 7, 2023, the reporting person was granted 16,407 Restricted Share Units ("RSUs"). On redemption, the reporting person received 16,407 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

On December 7, 2023, the reporting person was granted 16,407 Restricted Share Units ("RSUs"). On redemption, the reporting person received 16,407 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

On December 7, 2023, the reporting person was granted 46,658 Restricted Share Units ("RSUs"). On redemption, 11,362 RSUs were withheld by the Company solely for the purpose of satisfying tax withholding obligations and the reporting person received 35,296 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

On December 7, 2023, the reporting person was granted 27,745 Restricted Share Units ("RSUs"). On redemption, 6,756 RSUs were withheld by the Company solely for the purpose of satisfying tax withholding obligations and the reporting person received 20,989 common shares.

The common shares were priced at $2.02 Canadian dollars and $1.4657 U.S. dollars is the equivalent of the purchase price pursuant to the exchange rate as of the transaction date (Cdn$1.00 = US$0.7256) as reported by Bank of Canada on its website, www.bankofcanada.ca.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

Each RSU is redeemable upon vesting for one common share.

The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 81,425 on 12/22/2026; 81,425 on 12/22/2027; and 81,425 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 28,895 on 12/22/2026; 28,895 on 12/22/2027; and 28,895 on 12/22/2028.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 50,104 on 12/22/2026; 50,104 on 12/22/2027; and 50,104 on 12/22/2028.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 50,765 on 12/22/2026; 50,765 on 12/22/2027; and 50,765 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 30,534 on 12/22/2026; 30,534 on 12/22/2027; and 30,534 on 12/22/2028.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 41,527 on 12/22/2026; 41,527 on 12/22/2027; and 41,527 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 85,368 on 12/22/2026; 85,368 on 12/22/2027; and 85,368 on 12/22/2028.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

Each unit is redeemable upon vesting for one common share.

Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.

The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.

The options will vest and become exercisable as follows: 46,433 on 12/22/2026; 46,433 on 12/22/2027; and 46,433 on 12/22/2028.

The options were exercised and the shares were acquired at $0.63 Canadian dollars, $0.4498 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7140).

The options are a portion of the 213,914 options granted on 11/13/2020 and vested and became exercisable as follows: 71,305 on 11/13/2021; 71,305 on 11/13/2022; and 71,304 on 11/13/2023.

The options were exercised and the shares were acquired at $0.63 Canadian dollars, $0.4498 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7140).