Cameco's Five-Pillar Strategy

Cameco’s Five-Pillar StrategyDarrel Burnouf, Sr. Specialist - Business Development andPeter Dodson, AnalystCorporate Social ResponsibilityCameco CorporationSept 16 th , 2010

Overview Introduction to Cameco Why we do what we do The 5-Pillar Strategy– Workforce Development– Business Development– Community Investment– Community Engagement– Government and Regulatory Affairs

Cameco Corporation Established in 1989 Headquartered in Saskatoon, Saskatchewan, Canada One of world’s largest uranium producers 3000 employees worldwide #1 Industrial Employer of Aboriginal Peoples in Canada Website - www.cameco.com

Uranium OperationsRabbit LakeCigar LakeInkaiMcArthur RiverKey LakeCrow ButteSmith Ranch- Highland

Northern Saskatchewan

CamecoPanel HearingsSurface Lease AgreementsCameco VisionSupportive CommunitiesInitiatives

Cameco’sfive-pillarstrategyWorkforceDevelopmentBusinessDevelopmentCommunityEngagementCommunityInvestmentGovernment& RegulatoryAffairs

Workforce Development RSN Employment is a priority. Currently employ 743 RSN’s in Northern Saskatchewan. 61% increase since 2004.

Workforce Development Cameco has many programs aimed at promoting skillsdevelopment, education, and employment– Cameco Northern Scholarship– Northern Summer Student Program(69% RSN in 2009)– Athabasca Education Awards– Cameco Apprenticeship Program(25% RSN)– Career Transition Program– Satellite Offices in Impact Communities

Workforce Development– Partnerships: Northern Career Quest Cameco Access Program for Engineering and Science Students(CAPES) Credenda Virtual High School Multi-Party Training Plan

Workforce DevelopmentHigh School AthabascaEducation Awards Credenda VirtualHigh SchoolTrades ApprenticeshipProgram NorthernScholarship ProgramUniversity NorthernScholarship Program Northern SummerStudent Program CAPES Northern SummerStudent Program Career TransitionProgram Multi-Party TrainingPlan Northern CareerQuest

Business Development – NorthernPreferred Supplier Program Established in 2004 Preference to northernSaskatchewancompanies Maintains high standardsand fair, competitivepricing.

Business DevelopmentBusiness Initiatives– Northern Business Specialist– Preferred Supplier Workshops– Opportunity Forecasts– Bid CriteriaBusiness Results– A billion dollars in procurementin last six years– Development of successfulbusinesses – Westwind Aviation,TRON Power, NorthernResource Trucking, PACL…– Community support

Aboriginal/Northern Procurement

Community Investment Cameco supports northern initiatives in the areas of:– youth,– health and wellness,– community development, and– education and literacy.

Community Investment 2009 major initiatives :– Credenda Virtual High School (2 million over 4 years)– St. Mary’s Health and Wellness Center ($500,000)– Northern Travelling Diabetes Resource Program ($50,000)

Community Engagement Cameco Principles for Effective Engagement with Northerners– Open channels for communication– Make it simple– Build capacity for understanding– Hear the Elders– Include Youth– Speak and hear our language

Actions to Support Engagement Cameco Northern Tour Northern La Ronge Officeand satellite offices On-going Project-SpecificEngagement EQC and AWG Community and School Visits Mine Tours Aboriginal LanguageTranslations for AnimatedVideos and presentations Dene and Cree Radio Ads

Actions to Support Engagement

Regulatory and Government Affairs Northern Saskatchewan Environmental Quality Committees Athabasca Working Group Environmental Assessment process Duty to Consult and Accommodate

Progressive Aboriginal Relations Gold Member since 2001 One-of-a-kind assessment tool Ensures authenticity Thoroughly examines an organization’s Aboriginal Relationsprogram(s) Helps to identify gaps A standard in Aboriginal Relations.

Questions?