Our annual meeting gives you the opportunity to vote on several items of Cameco business. Your vote is important, regardless of the number of shares you hold.
Come to our annual meeting and vote your shares in person.Do not complete this form.
This is the easiest way to vote. It means you give someone else — called your proxyholder — the authority to attend the meeting and vote for you.
On the internet — Go to www.astvotemyproxy.com and follow the instructions on screen. You will need your control number, which appears below your name and address on this form.
By fax — Complete, date and sign this form and fax it to our transfer agent, AST Trust Company (Canada).
By mail— Complete, date and sign this form and mail it to AST Trust Company (Canada).
By telephone— call 1.888.489.5760 and follow the prompts. You will need your control number which appears adjacent to your name and address on this form.
By appointing someone else to attend the meeting for you— This person does not need to be a shareholder (see Section 1). Make sure your appointee is aware of the meeting and attends it for you. Your proxyholder will need to see a representative of AST Trust Company (Canada) when they arrive at the meeting.
If you are voting by proxy, please complete all five sections of this form, date and sign it and return it right away.
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | |
 | | | | Appoint a proxyholder —You can appoint Tim Gitzel or Sean Quinn to be your proxyholder, or choose someone else to represent you and vote your shares at the meeting.This person does not have to be a shareholder. | | |
| | | | | | |
| | | |  | | You appoint Tim Gitzel, or in his absence, Sean Quinn. | |  | | You appoint the following person to attend the meeting | | |
| | | | If you do not check one of the boxes, we will assume you have appointed Tim Gitzel, or in his absence, Sean Quinn, as your proxyholder. | | | | and vote on your behalf: | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | |
 | | | | Tell us your voting instructions —When you complete this section, you are directing your proxyholder to follow these instructions when voting. Our board of directors and management recommend that shareholders voteFORthese items. | | |
| | | | | | | | |
| | | | If you do not specify how you want to vote your shares: | | | | | | | | | | | | |
| | | | | |
| | | | ● the Cameco officer you appointed as your proxyholder in section 1 will voteFOReach of the items below. | | | | ● the other proxyholder you appointed in section 1 can vote as s/he sees fit | | |
| | | |
| | | | If there are amendments or other items of business that properly come before the meeting, your proxyholder can vote on each matter as s/he sees fit, as permitted by law, whether or not it is a routine matter, an amendment or contested item of business. | | |
| | | | | | | | | |
| | | |  | | Elect the directors(see page 5 of the management proxy circular) | | | | | | | | | | | | |
| | | | | | | | FOR | | WITHHOLD | | | | | | | | FOR | | WITHHOLD | | |
| | | | | | 1. Ian Bruce | |  | |  | | | | | | 6. Jim Gowans | |  | |  | | |
| | | | | | 2. Daniel Camus | |  | |  | | | | | | 7. Kathryn Jackson | |  | |  | | |
| | | | | | 3. Donald Deranger | |  | |  | | | | | | 8. Don Kayne | |  | |  | | |
| | | | | | 4. Catherine Gignac | |  | |  | | | | | | 9. Anne McLellan | |  | |  | | |
| | | | | | 5. Tim Gitzel | |  | |  | | | | | | | | | | | | |
| | | | | | | | |
| | | |  | | Appoint the auditors(see page 5 of the management proxy circular) | | | | | | FOR | | WITHHOLD | | |
| | | | | | | | | |
| | | | | | Appoint KPMG LLP as auditors | | | | | | | |  | |  | | |
| | | | | | |
| | | |  | | Have a say on our approach to executive compensation(see page 6 of the management proxy circular) | | | | | | |
| | | | | | As this is an advisory vote, the results will not be binding on the board. | | | | | | | | |
| | | | | | |
| | | | | | Be it resolved that, on an advisory basis and not to diminish the role and responsibilities of the board of directors for executive compensation, the shareholders accept the approach to executive compensation disclosed in Cameco’s management proxy circular delivered in advance of the 2019 annual meeting of shareholders. | | FOR 
| | AGAINST 
| | |
| | | |
 | | | | Declare your residency—If you do not provide this information, we will consider the shares represented by this proxy to be owned and controlled by anon-resident, which means the vote may have less impact. | | |
| | | | | |
| | | | You declare that the shares represented by this proxy are held, benefically owned or controlled, either directly or indirectly, by a resident of Canada as defined below. If the shares are held in the names of two or more people, you declare that all of these people are residents of Canada. | | YES 
| | NO 
| | |
| | | |
| | | | When you sign this form, you are certifying that you have done whatever is reasonably possible to confirm residential status. | | |
| | | | What do we mean by residency? Cameco shares have restrictions on ownership and voting for residents andnon-residents of Canada. You can read about residency and voting starting on page 8 of the accompanying management proxy circular. The definitions here are summaries only. The complete definitions are in theEldorado Nuclear Limited Reorganization and Divestiture Act(Canada) and our articles. Anon-residentis: | | |
| | | | ● anindividual, other than a Canadian citizen, who is not ordinarily resident in Canada ● acorporation ● that wasincorporated, formed or otherwise organized outside of Canada, or ● that is controlled bynon-residents, either directly or indirectly | | ● atrust ● that was established by anon-resident, other than a trust for the administration of a pension fund for individuals where the majority of the individuals are residents, or ● wherenon-residents have more than 50% of the beneficial interest ● aforeign governmentorforeign government agency | | |
| | | | Anyone not included in the above description ofnon-residentis considered aresident. Residents can be individuals, corporations, trusts and governments or government agencies. | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | |
 | | | | Sign and date—When you sign here, you are: ● authorizing your proxyholder to vote according to your voting instructions at Cameco’s 2019 annual meeting of shareholders, or any meeting that is reconvened if it was postponed or adjourned ● revoking any proxy that you previously gave for this meeting. For shares registered in the name of a corporation, estate, trust or minor, an authorized officer or attorney must sign this form and state his or her position. This person may also have to provide proof that s/he is authorized to sign. | | |
| | | | | | | | | | | | |
| | | | Signature (if your shares are held in more than one name, either person can complete and sign this form) | | Date (if you leave this blank, we will consider the date to be the day this form was received by or on behalf of us) | | | | Position (complete this if you are a guardian, or signing by power of attorney on behalf of a corporation, estate or trust) | | |