Workers at Cameco Port Hope Conversion Facility Accept Contract Offer

PORT HOPE, ONTARIO - July 12, 2022

Cameco (TSX:CCO) (NYSE:CCJ) announced today that unionized employees at Cameco’s Port Hope Conversion Facility in Port Hope, Ontario have voted to accept a new collective agreement.

The employees, represented by the United Steelworkers local 13173 and 8562 have agreed to a three-year contract. The previous contract expired on June 30, 2022.

About Cameco

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

For media inquiries please contact:

Sara Forsey
Manager, Public & Government Affairs
sara_forsey@cameco.com
905.800.2023