Presented by Karina Lopes Sustainable Uranium Resources Development Business Model Canvas for [Brazil / INB – Brazilian Nuclear Industries] Presented by Karina Lopes

Brazilian Nuclear Industries - INB Is the only industry authorized by the federal government to extract and process uranium and other radioactive minerals.

Organization of Brazil’s Nuclear Sector Ministry of Science and Technology Ministry of Mines and Energy Comissão Nacional de Energia Nuclear INB Eletronuclear Centrais Elétricas Brasileiras Defense CTMSP Brazilian Navy Nuclebrás Equipamentos Pesados Presidency of the Republic

The Nuclear Fuel Cycle OUR MISSION: Provide the Nuclear Reactor Fuel Enrichment Pellets Mining/Milling Conversion UF6 to UO2 conversion Fuel Element Power generation Steps done by INB OUR MISSION: Provide the Nuclear Reactor Fuel

Status: Site Remediation Plan Bahia State – Uranium Concentration Unit (URA)Status : in operation since 2000 Minas Gerais State - Poços de Caldas Uranium Mining and Miling Facility Status: Site Remediation Plan NUCLEAR FUEL FABRICATION PLANT (FCN) At Resende – Rio de Janeiro UNIDADE 1

The Future (DRM): Expanding mining in Caetité Santa Quitéria Consortium 80,000tons of uranium GALVANI

Infrastructure Key activities Key resources Key partners Mining/Milling Yellow Cake Production Fuel Element Production Key resources 1375 employees 7 decentralized units (URA - BA, UTM - MG, FCN-RJ, UMP-RJ, USIN-SP,PSQ-CE, HEADQUARTER – RJ) Key partners Ministry of Science, Technology and Innovation CNEN – Brazilian Nuclear Energy Commission IBAMA – Brazilian Institute for Environment IAEA – International Atomic Energy Agency

Value Propositions Ensure the supply of nuclear fuel for electric power generation with safety, quality, social and environmental responsibility.

Customers Customer Segments Channels Customer Relationships Eletrobrás Termonuclear S.A. – ELETRONUCLEAR Channels Fuel element Customer Relationships Institutional Governmental

Finances Cost structure Revenue streams Total cost : U$144.192 million U$76.546 million - administrative costs U$67.653 million– costs of product sold Revenue streams Annual budget: U$159.060 million U$93.040 million - sales revenue U$66.021 million - national treasure resources

The Uranium Business Model Canvas for INB, Brazil Key Partners CNEN IBAMA IAEA Key Activities Mining/Milling YC production FE production Value Propositions Ensure the supply of nuclear fuel for electric power generation with safety, quality, social and environmental responsibility. Customer Relationships Institutional Governmental Customer Segments Eletrobras termonuclear S.A - ELETRONUCLEAR Key Resources 1375 employees 6 decentralized units Channels Fuel Element Cost Structure Total cost : U$144.192 million U$76.546 million - administrative costs U$67.653 million– costs of product sold Revenue Streams Annual budget: U$159.060 million U$93.040 – sales revenue U$66.021 - national treasure resources