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CCO.TO ·

Cameco Announces Election of Directors

Shareholder Meetings

TSX: CCO w e b s i t e : cameco.com

NYSE: CCJ currency: Cdn (unless noted)

2121 – 11th Street West, Saskatoon, Saskatchewan, S7M 1J3 Canada

Tel: 306-956-6200 Fax: 306-956-6201

Cameco Announces Election of Directors

Saskatoon, Saskatchewan, Canada, May 10, 2022 . . . . . . . . . . . . .

Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its

annual meeting held on May 10, 2022.

Shareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald

Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne.

Voting Results for Cameco Directors

Nominee Votes For % Votes For Withheld % Votes Withheld

Leontine Atkins 34,045,964 97.26% 958,868 2.74%

Ian Bruce 33,809,315 96.58% 1,195,517 3.42%

Daniel Camus 32,814,657 93.74% 2,190,175 6.26%

Donald Deranger 33,389,776 95.39% 1,615,056 4.61%

Catherine Gignac 33,758,357 96.44% 1,246,475 3.56%

Tim Gitzel 34,679,038 99.07% 325,794 0.93%

Jim Gowans 31,004,171 88.57% 4,000,661 11.43%

Kathryn Jackson 34,488,853 98.53% 515,979 1.47%

Don Kayne 31,455,465 89.86% 3,549,367 10.14%

Profile

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.

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Investor inquiries:

Rachelle Girard

306-956-6403

[email protected]

Media inquiries:

Jeff Hryhoriw

306-385-5221

[email protected]