enCore Energy Corp. Welcomes Kevin Kremke as New Chief Financial Officer

enCore Energy Corp., known as America's Clean Energy Company™, has made a pivotal leadership change by appointing Mr. Kevin Kremke as the new Chief Financial Officer (CFO). This strategic decision, effective October 1, 2025, is anticipated to bolster the company's aggressive growth strategy in the clean energy sector.

William M. Sheriff, Executive Chairman of enCore Energy, expressed enthusiasm about Mr. Kremke's onboarding, emphasizing the necessity of experienced individuals in guiding the company's growth initiatives. Sheriff noted, "Kevin's extensive financial skills, coupled with his leadership experience in energy and natural resources, will fortify our organization as we strive to offer crucial fuel for domestic nuclear energy and enhance shareholder value."

Kevin Kremke: A Proven Leader in Finance

Mr. Kremke comes with a wealth of experience as a finance executive. His background spans diverse industries, showcasing a proven track record in driving growth and transformation while maintaining disciplined financial management. With deep expertise in corporate finance, mergers and acquisitions, and capital markets, he possesses a unique balance of strategic vision and practical execution skills.

In previous roles as CFO in both large publicly-traded and private equity firms, Kremke has successfully navigated companies through rapid growth phases, restructuring efforts, and complex capital-raising projects. His leadership has been instrumental in overseeing extensive budgeting, forecasting processes, and executing merger and acquisition transactions. Additionally, his ability to optimize capital structures has enhanced shareholder value, an essential focus for enCore Energy as it continues to expand.

Kremke is known for his collaborative leadership approach, working closely with top executives, the Board of Directors, and investors to align financial strategies with long-term business objectives. His wide-ranging experience includes significant stints in the oil and gas sectors, electric power, and energy transitions, making him a valuable asset to enCore Energy.

Educational Background

In terms of academic credentials, Kevin Kremke holds an MBA from the University of Chicago Booth School of Business, coupled with a Bachelor's degree from Ball State University. This solid educational foundation complements his extensive experience in the finance domain.

Employee Incentives

In conjunction with his new role, enCore Energy has granted Mr. Kremke stock options and restricted stock units aimed at aligning his interests with the company's long-term growth. Specifically, he has been awarded a total of 250,000 options, with each option exercisable for common shares at a price of $2.30 over the next four years. Vesting will occur at a rate of 25% every 12 months, reflecting enCore's commitment to incentivizing its leadership team for sustained performance.

About enCore Energy Corp.

enCore Energy Corp. is dedicated to supplying clean, reliable, and affordable fuel for nuclear energy production, distinguished as the only uranium company in the United States operating multiple Central Processing Plants. The enCore team comprises industry specialists with vast knowledge of In-Situ Recovery (ISR) uranium operations and the nuclear fuel cycle. The company utilizes ISR for uranium extraction, a proven technology co-developed by the team at enCore Energy.

Looking ahead, enCore is making strides with various projects, including the Dewey Burdock project in South Dakota and the Gas Hills project in Wyoming, contributing to a robust project pipeline. The company also values its relationships with local communities and indigenous governments, ensuring corporate developments positively impact all stakeholders involved.

For more information, you can visit enCore's official website.

Forward-Looking Statements

This announcement includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. These statements, which include expectations of future performance and strategy, are based on current assumptions and beliefs and are subject to risks and uncertainties that may cause actual results to differ markedly. A thorough risk assessment can be found in the company’s filings with the respective securities commissions.