Ms. Rachelle Girard reports

CAMECO ANNOUNCES ELECTION OF DIRECTORS

Cameco Corp. has elected nine board members at its annual meeting held on May 10, 2023.

Shareholders elected board members Ian Bruce, Daniel Camus, Don Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson, Don Kayne and Leontine van Leeuwen-Atkins.

About Cameco Corp.

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