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<p><em>除非另有说明，所有金额均以加元计。</em></p>
<p><em>本新闻稿构成 Cameco 于 2024 年 11 月 12 日发布的短期基础架构招股说明书的 “指定新闻稿”。</em></p>
<p>萨斯卡通，萨斯喀彻温省 --（商业资讯）-- <strong>Cameco Corporation</strong>（多伦多证券交易所：CCO；纽约证券交易所：CCJ）欢迎美国能源部（DOE）能源主导融资办公室（EDF）今天宣布的关于美国核供应链贷款的有条件承诺，以重振大规模核反应堆供应链，降低成本并加速 AP1000 反应堆在美国及全球的部署。DOE 对高达 175 亿美元贷款方案的有条件承诺预计将为西屋电气公司（Westinghouse）购买多达 10 个 AP1000 核反应堆所需的长期交付物品提供大部分融资。</p>
<p>“我们很高兴看到美国政府对扩大核电能力做出这一额外承诺，使用经过验证的 AP1000 反应堆技术，” Cameco 首席执行官 Tim Gitzel 说。“结合 2025 年 5 月 23 日的行政命令和其他美国政府举措，我们相信正在创造正确的激励措施，以推动 AP1000 反应堆在美国的快速部署。预计美国核电的扩展将为西屋和 Cameco 创造重大机会，加速西屋能源系统部门在采购和后续建设阶段的增长。”</p>
<p>虽然这一有条件承诺表明 DOE 有意提供贷款以资助这些项目，但西屋及其所有者和合作伙伴必须满足某些技术、法律、环境和财务条件，才能在 DOE 签署最终融资文件并提供贷款之前。</p>
<p><strong>背景</strong></p>
<p>布鲁克菲尔德可再生能源（Brookfield）和 Cameco 于 2023 年 11 月收购了西屋。此次合作将 Cameco 在核燃料供应链方面的专业知识与布鲁克菲尔德作为全球最大能源生产技术投资者之一的公认地位结合在一起。</p>
<p>我们预计 DOE 的贷款安排将通过西屋的特殊目的公司（SPV）实施，该公司将管理高达五个项目融资工具的贷款资金，这些工具由西屋和相关合作伙伴共同拥有，用于以固定价格采购每个项目的两个反应堆所需的长期交付物品。SPV 和批准的合作伙伴都需要在获得 DOE 贷款资金之前，完全承诺各自约 5 亿美元的项目股权，或每个项目 10 亿美元。随着批准的合作伙伴对相关项目做出最终投资决策，预计 DOE 贷款将从长期交付物品销售的收益中偿还。</p>
<p>有条件承诺所设想的贷款方案安排受多种风险的影响，包括下文 “关于前瞻性信息的警告” 中讨论的因素，并且仍需西屋及其所有者和合作伙伴满足与 DOE 的某些技术、法律、环境和财务条件，谈判和完成最终协议，任何所需的批准以及其他惯例条件。不能保证将签署最终协议，或提议的贷款方案将按照当前设想的条款完成，或根本不会完成。</p>
<p>我们正在单独推进布鲁克菲尔德、Cameco 和美国商务部于 2025 年 10 月签署的战略合作伙伴关系的讨论。</p>
<p><strong>关于前瞻性信息的警告</strong></p>
<p>本新闻稿包含关于 Cameco 对未来的预期的声明和信息，我们称之为前瞻性信息。前瞻性信息是指不是历史事实的信息。诸如 “指导”、“预期”、“将”、“可能”、“预计”、“计划”、“估计”、“项目”、“打算”、“应该”、“可以”、“可能”、“能够”、“展望” 等类似表达旨在识别前瞻性信息。前瞻性信息基于 Cameco 当前的观点，这些观点可能会发生重大变化，实际结果和事件可能与我们当前的预期有显著不同。本新闻稿中的前瞻性信息示例包括：进入高达 175 亿美元的贷款方案，预计启动长期交付物品的订单，项目股权的承诺，预计从长期交付物品销售的收益中偿还 DOE 贷款，以及谈判和执行最终协议、满足交割条件和任何所需的批准。</p>
<p>可能导致不同结果的重大风险包括：未能签署最终协议、未能获得所需批准、未能满足完成条件（包括所需的技术、法律、环境和财务条件）、提议的融资条款发生重大变化，或提议的交易未能完成。</p>
<p>在呈现前瞻性信息时，Cameco 做出了重要假设，这些假设可能证明关于各方谈判和执行最终协议、获得任何所需批准、满足交割条件以及在可接受的条款下或根本不完成提议交易的能力是错误的。</p>
<p>请同时查看 Cameco 2025 年年度管理讨论与分析、2026 年第一季度管理讨论与分析以及最近的年度信息表中的讨论，以了解可能导致实际结果与 Cameco 当前预期显著不同的其他重大风险，以及我们所做的其他重大假设。除非证券法要求，否则我们不一定会更新这些信息。</p>
<p><strong>简介</strong></p>
<p>Cameco 是全球最大的铀燃料供应商之一，铀燃料是实现安全能源未来所需的。我们的竞争优势基于对全球最大高品位储量的控股所有权和低成本运营，以及在核燃料循环中的重大投资，包括对西屋电气公司和全球激光浓缩公司的股权。全球的公用事业公司依赖 Cameco 提供全球核燃料解决方案，以生成安全、可靠、无碳的核电。我们的股票在多伦多和纽约证券交易所交易。我们的总部位于加拿大萨斯喀彻温省的萨斯卡通。</p>
<p>在本新闻稿中，术语我们、我们、我们的、公司和 Cameco 指的是 Cameco Corporation 及其子公司，除非另有说明。</p>
<p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA2MjI4NzYzMTFyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA2MjI4NzYzMTFyMQ"/></p>
<p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20260622876311/en/</p>
<p><strong>投资者咨询</strong></p>
<p><strong>Cory Kos</strong></p>
<p>306-716-6782</p>
<p>cory_kos@cameco.com</p>
<p><strong>媒体咨询</strong></p>
<p><strong>Veronica Baker</strong></p>
<p>306-385-5541</p>
<p>veronica_baker@cameco.com</p>
<p>来源：Cameco Corporation</p>

布鲁克菲尔德可再生能源

<p>美国能源部已发出有条件承诺，提供高达 175 亿美元的贷款，以重新振兴核供应链并加速 AP1000 反应堆的部署。这项融资支持西屋电气公司采购多达 10 个反应堆的长期交付项目。Cameco Corporation 对此公告表示欢迎，指出这为其与合作伙伴布鲁克菲尔德可再生能源创造了显著的增长机会。该贷款仍需满足技术、法律、环境和财务条件，才能在签署最终协议之前生效</p>

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</div><p><em>All amounts in Canadian dollars unless specified otherwise.</em></p>
<div class="lb-trans"><p><em>除非另有说明，所有金额均以加元计。</em></p>
</div><p><em>This news release constitutes a “designated news release” for the purposes of Cameco’s prospectus supplement dated November 12, 2024, to its short form base shelf prospectus dated November 12, 2024.</em></p>
<div class="lb-trans"><p><em>本新闻稿构成 Cameco 于 2024 年 11 月 12 日发布的短期基础架构招股说明书的 “指定新闻稿”。</em></p>
</div><p>SASKATOON, Saskatchewan--(BUSINESS WIRE)-- <strong>Cameco Corporation</strong> (TSX: CCO; NYSE: CCJ) welcomes today’s announcement by the US Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) regarding its conditional commitment for the American Nuclear Supply Chain Loans to reenergize the large-scale nuclear reactor supply chain, drive down costs and accelerate the deployment of AP1000 reactors in the US and globally. The DOE’s conditional commitment for a loan package of up to US$17.5 billion is expected to provide the majority of the financing for Westinghouse Electric Company (Westinghouse) to purchase the long-lead time items for up to 10 AP1000 nuclear reactors in the United States.</p>
<div class="lb-trans"><p>萨斯卡通，萨斯喀彻温省 --（商业资讯）-- <strong>Cameco Corporation</strong>（多伦多证券交易所：CCO；纽约证券交易所：CCJ）欢迎美国能源部（DOE）能源主导融资办公室（EDF）今天宣布的关于美国核供应链贷款的有条件承诺，以重振大规模核反应堆供应链，降低成本并加速 AP1000 反应堆在美国及全球的部署。DOE 对高达 175 亿美元贷款方案的有条件承诺预计将为西屋电气公司（Westinghouse）购买多达 10 个 AP1000 核反应堆所需的长期交付物品提供大部分融资。</p>
</div><p>“We are pleased to see the US government make this additional commitment to expanding nuclear power capacity using the proven AP1000 reactor technology,” said Tim Gitzel, CEO of Cameco. “When combined with the May 23, 2025 Executive Orders and other US government initiatives, we believe the right incentives are being created to advance the rapid deployment of AP1000 reactors in the US. The expansion of nuclear power in the United States is expected to create significant opportunities for Westinghouse and Cameco, accelerating growth in Westinghouse’s energy systems segment during the procurement and subsequent construction phase.”</p>
<div class="lb-trans"><p>“我们很高兴看到美国政府对扩大核电能力做出这一额外承诺，使用经过验证的 AP1000 反应堆技术，” Cameco 首席执行官 Tim Gitzel 说。“结合 2025 年 5 月 23 日的行政命令和其他美国政府举措，我们相信正在创造正确的激励措施，以推动 AP1000 反应堆在美国的快速部署。预计美国核电的扩展将为西屋和 Cameco 创造重大机会，加速西屋能源系统部门在采购和后续建设阶段的增长。”</p>
</div><p>While this conditional commitment indicates the DOE’s intent to provide a loan to finance these projects, Westinghouse, its owners, and its partners must satisfy certain technical, legal, environmental, and financial conditions before DOE enters into definitive financing documents and funds the loan.</p>
<div class="lb-trans"><p>虽然这一有条件承诺表明 DOE 有意提供贷款以资助这些项目，但西屋及其所有者和合作伙伴必须满足某些技术、法律、环境和财务条件，才能在 DOE 签署最终融资文件并提供贷款之前。</p>
</div><p><strong>Background</strong></p>
<div class="lb-trans"><p><strong>背景</strong></p>
</div><p>Brookfield Renewable Partners (Brookfield) and Cameco acquired Westinghouse in November 2023. The partnership brought together Cameco’s expertise in the nuclear fuel supply chain with Brookfield’s recognized position as one of the world’s largest investors in energy generation technologies.</p>
<div class="lb-trans"><p>布鲁克菲尔德可再生能源（Brookfield）和 Cameco 于 2023 年 11 月收购了西屋。此次合作将 Cameco 在核燃料供应链方面的专业知识与布鲁克菲尔德作为全球最大能源生产技术投资者之一的公认地位结合在一起。</p>
</div><p>We expect the DOE loan arrangement to be implemented through a special purpose vehicle of Westinghouse (SPV) that will administer the loan funding for up to five project funding vehicles jointly owned by Westinghouse and the applicable partner for the procurement of the long-lead items at a fixed price for two reactors per project. Both the SPV and the approved partner are required to fully commit their project equity totaling approximately $500 million each or $1 billion per project upfront prior to accessing DOE loan funds. As approved partners reach final investment decisions for the applicable projects, the DOE loan is expected to be repaid from the proceeds of the sale of the long-lead items.</p>
<div class="lb-trans"><p>我们预计 DOE 的贷款安排将通过西屋的特殊目的公司（SPV）实施，该公司将管理高达五个项目融资工具的贷款资金，这些工具由西屋和相关合作伙伴共同拥有，用于以固定价格采购每个项目的两个反应堆所需的长期交付物品。SPV 和批准的合作伙伴都需要在获得 DOE 贷款资金之前，完全承诺各自约 5 亿美元的项目股权，或每个项目 10 亿美元。随着批准的合作伙伴对相关项目做出最终投资决策，预计 DOE 贷款将从长期交付物品销售的收益中偿还。</p>
</div><p>The loan package arrangements contemplated by the conditional commitment are subject to, among other risks, the factors discussed below under “Caution about Forward Looking Information” and remain subject to Westinghouse, its owners, and its partners satisfying certain technical, legal, environmental, and financial conditions with DOE, negotiation and completion of definitive agreements, any required approvals, and other customary conditions. There can be no assurance that definitive agreements will be entered into or that the proposed loan package will be completed on the terms currently contemplated, or at all.</p>
<div class="lb-trans"><p>有条件承诺所设想的贷款方案安排受多种风险的影响，包括下文 “关于前瞻性信息的警告” 中讨论的因素，并且仍需西屋及其所有者和合作伙伴满足与 DOE 的某些技术、法律、环境和财务条件，谈判和完成最终协议，任何所需的批准以及其他惯例条件。不能保证将签署最终协议，或提议的贷款方案将按照当前设想的条款完成，或根本不会完成。</p>
</div><p>We are separately advancing discussions on the strategic partnership entered into among Brookfield, Cameco and the US Department of Commerce in October 2025.</p>
<div class="lb-trans"><p>我们正在单独推进布鲁克菲尔德、Cameco 和美国商务部于 2025 年 10 月签署的战略合作伙伴关系的讨论。</p>
</div><p><strong>Caution about Forward-Looking Information</strong></p>
<div class="lb-trans"><p><strong>关于前瞻性信息的警告</strong></p>
</div><p>This news release includes statements and information about Cameco’s expectations for the future, which we refer to as forward-looking information. Forward-looking information is information that is not a historical fact. Words such as “guidance,” “expect,” “will,” “may,” “anticipate,” “plan,” “estimate,” “project,” “intend,” “should,” “can,” “likely,” “could,” “outlook” and similar expressions are intended to identify forward-looking information. Forward-looking information is based on Cameco’s current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include: the entering into the loan package of up to US$17.5 billion, the expected initiation of orders for long-lead items, the commitment of project equity, the expected repayment of the DOE loan from the proceeds of the sale of long-lead items, and the negotiation and execution of definitive agreements, satisfaction of closing conditions and any required approvals.</p>
<div class="lb-trans"><p>本新闻稿包含关于 Cameco 对未来的预期的声明和信息，我们称之为前瞻性信息。前瞻性信息是指不是历史事实的信息。诸如 “指导”、“预期”、“将”、“可能”、“预计”、“计划”、“估计”、“项目”、“打算”、“应该”、“可以”、“可能”、“能够”、“展望” 等类似表达旨在识别前瞻性信息。前瞻性信息基于 Cameco 当前的观点，这些观点可能会发生重大变化，实际结果和事件可能与我们当前的预期有显著不同。本新闻稿中的前瞻性信息示例包括：进入高达 175 亿美元的贷款方案，预计启动长期交付物品的订单，项目股权的承诺，预计从长期交付物品销售的收益中偿还 DOE 贷款，以及谈判和执行最终协议、满足交割条件和任何所需的批准。</p>
</div><p>Material risks that could lead to different results include: the risk that definitive agreements are not entered into, that required approvals are not obtained, that conditions to completion including required technical, legal, environmental and financial conditions are not satisfied, that the proposed financing terms change materially, or that the proposed transaction is not completed.</p>
<div class="lb-trans"><p>可能导致不同结果的重大风险包括：未能签署最终协议、未能获得所需批准、未能满足完成条件（包括所需的技术、法律、环境和财务条件）、提议的融资条款发生重大变化，或提议的交易未能完成。</p>
</div><p>In presenting the forward-looking information, Cameco has made material assumptions which may prove incorrect about the ability of the parties to negotiate and execute definitive agreements, obtain any required approvals, satisfy closing conditions, and complete the proposed transaction on acceptable terms or at all.</p>
<div class="lb-trans"><p>在呈现前瞻性信息时，Cameco 做出了重要假设，这些假设可能证明关于各方谈判和执行最终协议、获得任何所需批准、满足交割条件以及在可接受的条款下或根本不完成提议交易的能力是错误的。</p>
</div><p>Please also review the discussion in Cameco’s 2025 annual MD&amp;A, 2026 first quarter MD&amp;A and most recent annual information form for other material risks that could cause actual results to differ significantly from Cameco’s current expectations, and other material assumptions we have made. We will not necessarily update this information unless we are required to by securities laws.</p>
<div class="lb-trans"><p>请同时查看 Cameco 2025 年年度管理讨论与分析、2026 年第一季度管理讨论与分析以及最近的年度信息表中的讨论，以了解可能导致实际结果与 Cameco 当前预期显著不同的其他重大风险，以及我们所做的其他重大假设。除非证券法要求，否则我们不一定会更新这些信息。</p>
</div><p><strong>Profile</strong></p>
<div class="lb-trans"><p><strong>简介</strong></p>
</div><p>Cameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada.</p>
<div class="lb-trans"><p>Cameco 是全球最大的铀燃料供应商之一，铀燃料是实现安全能源未来所需的。我们的竞争优势基于对全球最大高品位储量的控股所有权和低成本运营，以及在核燃料循环中的重大投资，包括对西屋电气公司和全球激光浓缩公司的股权。全球的公用事业公司依赖 Cameco 提供全球核燃料解决方案，以生成安全、可靠、无碳的核电。我们的股票在多伦多和纽约证券交易所交易。我们的总部位于加拿大萨斯喀彻温省的萨斯卡通。</p>
</div><p>As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated.</p>
<div class="lb-trans"><p>在本新闻稿中，术语我们、我们、我们的、公司和 Cameco 指的是 Cameco Corporation 及其子公司，除非另有说明。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA2MjI4NzYzMTFyMQ" alt="" original-src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260622876311r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en"/></p>
<p>View source version on businesswire.com: https://www.businesswire.com/news/home/20260622876311/en/</p>
<div class="lb-trans"><p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20260622876311/en/</p>
</div><p><strong>Investor inquiries</strong></p>
<div class="lb-trans"><p><strong>投资者咨询</strong></p>
</div><p><strong>Cory Kos</strong></p>
<div class="lb-trans"><p><strong>Cory Kos</strong></p>
</div><p>306-716-6782</p>
<div class="lb-trans"><p>306-716-6782</p>
</div><p>cory_kos@cameco.com</p>
<div class="lb-trans"><p>cory_kos@cameco.com</p>
</div><p><strong>Media inquiries</strong></p>
<div class="lb-trans"><p><strong>媒体咨询</strong></p>
</div><p><strong>Veronica Baker</strong></p>
<div class="lb-trans"><p><strong>Veronica Baker</strong></p>
</div><p>306-385-5541</p>
<div class="lb-trans"><p>306-385-5541</p>
</div><p>veronica_baker@cameco.com</p>
<div class="lb-trans"><p>veronica_baker@cameco.com</p>
</div><p>Source: Cameco Corporation</p>
<div class="lb-trans"><p>来源：Cameco Corporation</p>
</div>

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