Jeffrey T. Klenda, the Chairman, CEO and President of Ur-Energy Inc. will retire as the Chairman of the Company, effective after the Annual Shareholders meeting in June 2022. He is not currently expected to be nominated to serve as a director of the Company at the upcoming Annual Shareholders meeting. He will also retire as President following the Annual Shareholders meeting.

On March 1, 2022, the Board of Directors (the “Board”) of the Company voted to expand the size of the Board and appointed John W. Cash to fill the vacancy created by the increase in the size of the Board. On the same date, he was appointed Chief Executive Officer of the Company, effective March 1, 2022. Mr. Cash will assume the title of President immediately after the retirement of Mr. Klenda from that role.

Mr. Cash is also expected to be nominated to serve as a director of the Company at the upcoming Annual Shareholders meeting.