Energy Fuels EVP Tim Carstens to depart Dec 31, 2025, role redundant after acquisition

ENERGY FUELS INC

EVP & MD Tim Carstens to depart Dec 31, 2025; role deemed redundant after Energy Fuels' Base Resources acquisition.
Carstens receives A$893,834 (~US$583K) severance: 6 months pay, 12 weeks redundancy, 2025 target bonus, plus leave.
Unvested RSUs and Performance NSOs extended to vest 50% on Jan 27/29, 2026; remaining forfeited Jan 31, 2026.
Post-termination exercise period for NSOs ends April 29, 2026; no new equity grants for 2025.

item 5.02item 9.01

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