Mission Statement, Vision, & Core Values of NexGen Energy Ltd. (NXE)

Are you curious about what drives a company forward, beyond just the numbers? Have you ever wondered what principles guide their decisions and shape their future? For NexGen Energy Ltd. (NXE), a Canadian company focused on developing the Rook I Project into a leading global uranium mine, the answers lie in their clearly defined mission, vision, and core values. These aren't just words on a wall; they're the foundation upon which NexGen aims to deliver clean energy solutions and long-term benefits for stakeholders, especially since their total assets significantly increased to CA$1.133 billion as of March 31, 2024.

NexGen Energy Ltd. (NXE) An Overview of

NexGen Energy Ltd. (NXE) is a Canadian uranium exploration and development company focused on the acquisition, exploration, and development of uranium projects in the Athabasca Basin, Saskatchewan, Canada. Founded in 2011, the company's primary asset is the Rook I Project, which hosts the Arrow Deposit, one of the largest undeveloped uranium deposits in the world.

As of April 2025, NXE is pre-revenue, as it is still in the development phase and has not yet started commercial production. The company is focused on advancing the Rook I Project through permitting and development to become a major uranium producer. The company aims to supply the growing global demand for clean energy through the responsible development of its uranium resources.

NXE's main focus is on the Rook I Project. This project is known for the Arrow Deposit, which is notable for:

• High Grade: The Arrow Deposit is known for its high uranium concentration, making it economically attractive.
• Large Scale: It is one of the largest undeveloped uranium deposits globally.
• Location: Situated in the Athabasca Basin, a region known for its high-grade uranium deposits and mining-friendly jurisdiction.

NXE is strategically positioned to benefit from the increasing demand for uranium, driven by the global shift towards nuclear energy as a clean and reliable source of power. The company's focus on sustainable development and responsible mining practices aligns with the growing environmental, social, and governance (ESG) considerations in the investment community.

As NXE is in the development stage, financial performance is primarily reflected in its exploration and development expenditures, financing activities, and overall management of resources. For example, in 2024, NXE reported an investment of $141.3 million in exploration and evaluation assets, primarily related to the Rook I Project. This indicates a strong commitment to advancing the project towards production. The company's net loss for 2024 was $47.58 million, which is typical for companies in the development phase. NXE's ability to secure financing is crucial for its advancement, and the company has been successful in raising capital through equity offerings and other financial instruments. As of December 31, 204, NXE reported cash and cash equivalents of $173.3 million, providing a solid financial base to support ongoing development activities.

NXE is recognized as a leader in the uranium exploration and development sector, primarily due to its high-quality asset, the Arrow Deposit, and its strategic approach to project development. The company has assembled a strong technical team with extensive experience in uranium exploration, mining, and project management. NXE's commitment to sustainability and responsible mining practices further enhances its reputation and appeal to investors and stakeholders. To delve deeper into NXE's financial health and gain key insights for investors, explore: Breaking Down NexGen Energy Ltd. (NXE) Financial Health: Key Insights for Investors

NexGen Energy Ltd. (NXE) Mission Statement

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. Founded in 2011, NexGen Energy is committed to responsible uranium production. The company’s values include honesty, respect, resilience, and accountability.

NexGen's mission is to create as much positivity as possible – socially, economically, and environmentally. The company focuses on responsible resource development founded on transparent environmental, social, and governance-based standards and ethics, with a demonstrated track record of genuine diversity, equity, and inclusion.

The company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating industry-leading environmental, social, and governance standards. NexGen aims to deliver long-term economic, social, and environmental benefits for Saskatchewan, Canada, and the planet.

NexGen is innovating to secure the energy transition and is taking a modern approach to mining by ensuring the implementation of industry-leading environmental and social standards from first discovery through to development, including reclamation and closure.

NexGen is listed on the Toronto Stock Exchange (TSX: NXE), the New York Stock Exchange (NYSE: NXE) and the Australian Securities Exchange (ASX: 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.

NexGen Energy's vision is to become a world leader in delivering clean energy solutions for current and future generations.

NexGen is driven by the vision of sustainably delivering the uranium required to provide clean energy fuel for the future, and is guided by the values of honesty, respect, accountability, and resilience. The Company is focused on becoming a world-leading uranium producer that supplies nations that are targeting net- zero emissions and allied for energy security, while delivering optimal environmental, social, and economic outcomes for the communities where we operate.

NexGen's Rook I Project is being developed into the largest source of low-cost uranium globally, which will deliver up to 30 million pounds of high-grade uranium annually.

NexGen Energy Ltd. released its 2023 Sustainability Report, covering the period from January 1, 2023, to December 31, 2023. This report marks the fourth year NexGen has reported on its Environmental, Social, and Governance (ESG) profile, in accordance with the Global Reporting Initiative (GRI) Standards.

NexGen signed a historic Impact Benefit Agreement with the Métis Nation – Saskatchewan Northern Region 2 ('MN-S NR2') and the Métis Nation – Saskatchewan ('MN-S'), marking the fourth and final Benefit Agreement with Local Priority Area Nations, and confirming full support from Indigenous communities local to the Rook I Project.

NexGen made material regulatory advancements for the Rook I Project, becoming the first company in more than 20 years to receive Provincial Environmental Assessment approval for a greenfield uranium mine and mill project in Saskatchewan.

NexGen submitted responses to all federal technical review comments received on the Draft EIS, with the federal regulator – the Canadian Nuclear Safety Commission (“CNSC”) – confirming on November 18, 2024 that all information requests had been successfully addressed. On March 11, 2025 the CNSC proposed the Commission Hearing dates to be conducted on November 19, 2025 and February 9 to 13, 2026 subject to which the CNSC will render an approval decision on the Project.

• Our Purpose: To create as much positivity as possible – socially, economically, and environmentally.
• Vision and Values: NexGen is driven by the vision of sustainably delivering the uranium required to provide clean energy fuel for the future, and is guided by the values of honesty, respect, accountability, and resilience.

More information about the company's history, ownership, and operations can be found here: NexGen Energy Ltd. (NXE): History, Ownership, Mission, How It Works & Makes Money

NexGen Energy Ltd. (NXE) Vision Statement of

NexGen Energy Ltd. (NXE) is dedicated to the responsible development of its Rook I Project, aiming to become a leading supplier of clean energy fuel for the global market. Their vision encompasses environmental stewardship, social responsibility, and economic benefits for stakeholders. More information about NexGen can be found at: NexGen Energy Ltd. (NXE): History, Ownership, Mission, How It Works & Makes Money

NexGen Energy Ltd. places a high priority on environmental protection. The company aims to minimize its environmental footprint through sustainable practices. Their focus includes:

• Advanced environmental monitoring
• Water conservation
• Waste reduction
• Rehabilitation programs

NexGen integrates environmental considerations into every stage of their project, from exploration to operation, ensuring that the Rook I Project adheres to stringent environmental standards. This commitment extends to preserving biodiversity and minimizing habitat disturbance in the project area.

Social responsibility is a core tenet of NexGen's vision. The company is dedicated to building strong relationships with local communities, particularly Indigenous groups. This involves:

• Open communication and consultation
• Providing employment and training opportunities
• Supporting community development initiatives

NexGen emphasizes creating a positive social impact by ensuring that the Rook I Project benefits the local communities through economic participation and social programs. The company actively engages with stakeholders to address concerns and incorporate feedback into project planning and execution.

NexGen Energy Ltd. envisions the Rook I Project as a significant contributor to the regional and national economy. The project is expected to generate:

• Job creation during construction and operation
• Tax revenues for governments
• Business opportunities for local suppliers

The economic benefits also extend to providing a secure and reliable supply of clean energy fuel to meet global demand. NexGen aims to maximize the economic value of the Rook I Project while adhering to sustainable and responsible practices, ensuring long-term benefits for all stakeholders.

NexGen Energy Ltd. (NXE) Core Values of

To truly understand Company, it's essential to look at the principles that guide its actions and decisions. These core values are more than just words; they reflect Company's commitment to excellence, safety, and sustainability in the uranium mining industry. These values drive Company's culture, influencing how it operates and interacts with stakeholders. Delving into these guiding principles provides insight into what Company stands for and how it aims to achieve its goals.

Company’s core values are not explicitly and readily available in a consolidated format. Instead, these values are woven into various communications, reports, and statements. Here's an exploration of what those values appear to be, based on available information:

Safety and Responsibility

Safety is paramount in the uranium mining industry, and Company emphasizes its commitment to the safety of its employees, the environment, and the communities in which it operates. This commitment is reflected in its approach to project development and operational practices.

Examples of Company's commitment to safety and responsibility include:

• Adhering to rigorous safety protocols and standards in all aspects of its operations.
• Investing in training and development programs to ensure that employees have the knowledge and skills necessary to perform their jobs safely and effectively.
• Implementing comprehensive environmental management plans to minimize the impact of its operations on the surrounding environment.

Environmental Stewardship

Company recognizes the importance of protecting the environment and is committed to responsible environmental stewardship. This commitment is reflected in its efforts to minimize the environmental impact of its operations and to conserve natural resources.

Examples of Company's commitment to environmental stewardship include:

• Conducting thorough environmental impact assessments before beginning any new project.
• Implementing best management practices to minimize the impact of its operations on air and water quality.
• Working to restore and rehabilitate disturbed lands after mining activities are complete.

Innovation and Sustainability

Company seeks to implement innovative technologies and practices that promote sustainability and minimize environmental impact. This includes advancements in mining techniques, waste management, and energy efficiency.

Examples of Company's commitment to innovation and sustainability include:

• Investing in research and development to identify and implement new technologies that can improve the efficiency and sustainability of its operations.
• Working to reduce its greenhouse gas emissions and to conserve energy.
• Partnering with local communities to promote sustainable development initiatives.

Community Engagement and Social Responsibility

Company understands the importance of building strong relationships with the communities in which it operates and is committed to social responsibility. This commitment is reflected in its efforts to engage with local communities, support local initiatives, and create economic opportunities.

Examples of Company's commitment to community engagement and social responsibility include:

• Consulting with local communities before beginning any new project.
• Providing employment and training opportunities for local residents.
• Supporting local schools, hospitals, and other community organizations.

Transparency and Ethical Conduct

Company is committed to transparency and ethical conduct in all of its dealings. This commitment is reflected in its open communication with stakeholders, its adherence to high ethical standards, and its commitment to compliance with all applicable laws and regulations.

Examples of Company's commitment to transparency and ethical conduct include:

• Publishing regular reports on its environmental, social, and governance (ESG) performance.
• Maintaining a whistleblower hotline to encourage employees to report any concerns about unethical or illegal conduct.
• Conducting regular audits to ensure compliance with all applicable laws and regulations.

These values collectively shape Company's approach to uranium exploration and development, influencing its strategic decisions and day-to-day operations. To gain more insights into Company, consider checking out: Exploring NexGen Energy Ltd. (NXE) Investor Profile: Who’s Buying and Why?