Kazatomprom and JUMCO signed Heads of Agreement relating to the development of Central Jordan Uranium Project

27 August

During the official visit of the King Abdullah II ibn Al Hussein of the Hashemite Kingdom of Jordan to the Republic of Kazakhstan, National Atomic Company Kazatomprom JSC and Jordan Uranium Mining Company (JUMCO) signed Heads of Agreement relating to the development of Central Jordan Uranium Project.

The purpose of the Agreement is to formalize the intentions of the parties and define the main conditions for the implementation of this project. The document is aimed at developing strategic partnership between Kazakhstan and Jordan, new opportunities for international cooperation, and also expands Kazatomprom's position in the global uranium industry.

"Kazatomprom is excited to join forces with JUMCO in this landmark initiative. Our partnership aims to combine Jordan's unique resource base with Kazakhstan's proven experience in sustainable and efficient uranium mining. We look forward to explore the Central Jordan Uranium Project, which has the potential to serve as an example of prospective international cooperation in the nuclear sector," said Meirzhan Yussupov, CEO of Kazatomprom.

"This agreement represents a major step forward in Jordan's nuclear fuel cycle strategy. By partnering with the world's leading uranium producer, we are ensuring that Jordan's uranium resources will be developed in line with best international practices while delivering value to our national economy," said Dr. Khaled Toukan, Chairman of JUMCO Board of Directors.

"The signing of this Heads of Agreement is a historic milestone for Jordan and for JUMCO. After extensive meetings and exchange visits, we are confident this partnership will transform Jordan's uranium resources into a cornerstone of sustainable development. Working with Kazatomprom will bring advanced technologies, job creation, and knowledge transfer that will benefit Jordan for decades to come," added Mohammad Al-Shannag, General Manager of JUMCO.

For more information, please contact:

Public Relations and Media Inquiries
Daniyar Oralov, Director, Public Relations
Tel: +7 7172 45 80 63
Email: [email protected]

Investor Relations Inquiries
Botagoz Muldagaliyeva, Director, Investor Relations
Tel: +7 7172 45 81 80 / 69
Email: [email protected]

A copy of this announcement is available at www.kazatomprom.kz.

About Kazatomprom

Kazatomprom is the world's largest producer of uranium with the Company's attributable production representing approximately 21% of global primary uranium production in 2024. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 27 deposits grouped into 14 mining assets. All of the Company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.

Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. Kazatomprom is the national atomic company in the Republic of Kazakhstan. The Group's primary customers are operators of nuclear generation capacity, the principal export markets for the Group's products are Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts as well as in the spot market, directly from its headquarters in Astana, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please see the Company website at www.kazatomprom.kz.

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