Orano - Annual Activity Report 2024 37 SITUATION AND ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES DURING THE PAST FINANCIAL YEAR 2 The group’s businesses Deposit Inferred resources Total inferred resources Ore (kt) Grade (%) Metal (tU) Holding (%) Orano’s share (tU) Cigar Lake 163 4.71 7,693 40.45% 3,112 Dawn Lake 46 0.87 396 42.53 % 168 Kiggavik 733 0.28 2,059 66.19 % 1,363 McArthur 36 2.51 913 30.20% 276 McClean 33 1.19 396 77.50 % 307 Midwest 944 0.79 7,480 74.83% 5,597 Read Lake 387 6.77 26,195 21.76% 5,700 Shea Creek 631 2.25 14,185 50.90% 7,220 TOTAL CANADA 2,974 1.99 59,317 - 23,743 Bagombe 2,000 0.27 5,420 68.42% 3,708 TOTAL GABON 2,000 0.27 5,420 - 3,708 Katco 30,113 0.09 28,349 51.00% 14,458 TOTAL KAZAKHSTAN 30,113 0.09 28,349 - 14,458 Dulaan Uul 11,931 0.03 3,414 66.00% 2,253 Zuuvch Ovoo 174,727 0.02 39,280 66.00% 25,925 TOTAL MONGOLIA 186,658 0.02 42,694 - 28,178 Trekkopje 114,100 0.01 12,682 100.00% 12,682 TOTAL NAMIBIA 114,100 0.01 12,682 - 12,682 Bakouma 14,983 0.24 36,475 100.00% 36,475 TOTAL RCA 14,983 0.24 36,475 - 36,475 Nurlikum 3,980 0.03 1,184 51.00% 604 TOTAL UZBEKISTAN 3,980 0.03 1,184 - 604 TOTAL (EXCLUDING NIGER) 354,807 0.05 186,121 - 119,848 Imouraren (1) - - - 63.50% - Somaïr (2) 25,132 0.11 28, 757 63.40% 18,232 TOTAL NIGER 25,132 0.11 28, 757 - 18,232 TOTAL 379,939 0.06 214,878 - 138,080 (1) The State of Niger withdrew the operating permit held by Imouraren SA on June 19, 2024. On December 19, 2024, Orano Mining initiated arbitration proceedings against the State of Niger in order to assert its rights and seek remedy for all of its losses resulting from the withdrawal of the operating permit. (2) The group confirmed the loss of operational control of Somaïr SA on December 4, 2024. In particular, the State of Niger is obstructing the sale of Somaïr’s production and is opposed to Orano Mining exercising its abstraction rights. Orano Mining initiated arbitration proceedings on January 20, 2025 in order to assert, in particular, its rights to Somaïr’s production inventory.
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