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NexGen Announces the Appointment of Susannah Pierce to its Board of Directors

Press Release

VANCOUVER, BC, June 18, 2024  – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the appointment of Susannah Pierce to the Company Board to Directors following the Company’s 2024 Annual General Meeting that took place Monday, June 17th, 2024.

Susannah Pierce

Ms. Pierce has more than 20 years of experience in bringing business, governments, communities, indigenous groups, and other non-governmental actors together to support the development of major capital projects to maximize investment returns. In her current role as president and Country Chair, Shell Canada, she is responsible for driving integration and coordination of business activity and corporate policy across Shell’s businesses in Canada. She previously served as Director of Corporate Affairs at LNG Canada, a joint venture of Shell, Petronas, Mitsubishi, PetroChina and Kogas, where she was responsible for the project’s federal and provincial regulatory approvals, Indigenous relations and negotiations, government relations, media relations, community consultation and communications.

Ms. Pierce currently serves as the Co-Chair of Business Council of Canada Working Group on Climate Change and Energy Transition, an Executive on the Greater Vancouver Board of Trade, and Catalyst Canada. She is the past chair of the Business Council of BC, Co-Chair of the Business Council of Alberta’s Define the Decade, and Co-Chair of the Canada Chamber of Commerce Western Executive Council. She previously served on the Board of Gemini Corp. and holds an ICD certification.

Christopher McFadden, Chair of the Board of Directors, commented: “On behalf of the entire team at NexGen, I would like to warmly welcome Ms. Pierce to the Company’s Board. Ms. Pierce brings to the Board skills and experience in the energy sector and international government relations that align strongly with NexGen’s stage of development and long-term objectives. Her proven ability to optimize outcomes for all stakeholders will complement the Company’s dedicated Board of Directors, and support NexGen’s experienced management team as we advance the Rook I Project though the final stages of Federal regulatory approvals and into construction. Once in operation, NexGen will be a significant global industry leader in the energy industry when considering the Company will be capable of producing in excess of 25% of global uranium production used to power civilian nuclear power plants globally.”

About NexGen

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations, and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically, and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world.

NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol “NXE” and on the Australian Securities Exchange under the ticker symbol “NXG” providing access to global investors to participate in NexGen’s mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.



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