Ur-Energy Inc. announced on October 28, 2026, that Chief Financial Officer Roger L. Smith intends to retire effective December 1, 2026. In connection with this transition, the Company expects to enter into a consulting agreement with Mr. Smith to serve as a financial advisor following his retirement.
The Board of Directors approved the appointment of Jade Walle, the Company’s current Vice President Finance, to succeed Mr. Smith as CFO. Mr. Walle’s appointment is effective upon Mr. Smith’s retirement on December 1, 2026.
Mr. Walle, age 53, is a Certified Public Accountant with 30 years of experience. He most recently served as an audit partner at PricewaterhouseCoopers LLP (PwC) from 2011 to 2024, having begun his career there in 1996. During his tenure at PwC, he served clients in the energy and mining industries and held leadership roles overseeing a division of PwC’s Center of Excellence in India, which provided outsourced services to more than 75 U.S. audit clients. Mr. Walle joined Ur-Energy as Vice President Finance in September 2025.
In connection with Mr. Walle’s appointment, the Board approved the elimination of the Chief Administrative Officer role and the re-allocation of duties associated with that position among several members of senior management. The Company noted that adjustments to Mr. Walle’s existing employment agreement have yet to be determined and intends to file an amendment to the current report to disclose any material changes to his compensation arrangements.
Ur-Energy is the largest and fastest-growing domestic in-situ recovery (ISR) uranium producer in the United States. The Company owns and operates the Lost Creek ISR uranium processing facility and mine in south-central Wyoming, and the Shirley Basin ISR mine in central Wyoming, where full operations were launched in August 2026.