Mr. Scott Melbye reports

URANIUM ROYALTY ANNOUNCES VOTING RESULTS

At Uranium Royalty Corp.'s annual general meeting held on Oct. 16, 2025, all nominees listed in the company's management information circular dated Sept. 9, 2025, were elected as directors of the company.

Each of the following six nominees proposed by management was elected as a director on a vote by show of hands. The proxies received by management with respect to the election of directors were as follows.

As a result, the board of directors of the company now consists of Amir Adnani, Scott Melbye, Vina Patel, Neil Gregson, Donna Wichers and Ken Robertson.

Shareholders also approved the appointment of PricewaterhouseCoopers LLP, chartered professional accountants, as the company's auditor for the ensuing year and the authorization of the board to fix the auditor's remuneration.

A total of 65,682,446 common shares of the company were voted at the meeting, representing 49.15 per cent of the votes attached to all outstanding common shares. Detailed voting results for the meeting are available on SEDAR+.

About Uranium Royalty Corp.

Uranium Royalty is the world's only uranium-focused royalty and streaming company and the only pure play uranium listed company on the Nasdaq Stock Market. Uranium Royalty provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests, including royalties, streams, debt and equity in uranium companies, as well as through holdings of physical uranium. The company is well positioned as a capital provider to an industry needing massive investments in global productive capacity to meet the growing need for uranium as fuel for carbon-free nuclear energy. Uranium Royalty has deep industry knowledge and expertise to identify and evaluate investment opportunities in the uranium industry. The company's management and the board include individuals with decades of combined experience in the uranium and nuclear energy sectors, including specific expertise in mine finance, project identification and evaluation, mine development, and uranium sales and trading.