ENTITY: - **Energy Fuels**
DATE: 13-03-2026

**Forensic Audit Memo – Energy Fuels Inc.**

**Objective:** Conduct a technical review of financial transactions, inventory controls, and regulatory compliance for Energy Fuels Inc., focusing on rare earth and uranium mining operations.

**Scope:** Examine accounting records, mineral extraction processes, and supply chain documentation to identify discrepancies, misreporting, or operational inefficiencies.

**Methodology:** Utilize data analytics, physical inventory verification, and regulatory cross-checks to assess financial integrity and operational transparency.

**Deliverable:** Provide a detailed report with findings, risk assessments, and corrective recommendations by [date].

*[Prepared by: Forensic Audit Team]*

*(Note: Adjust dates and specifics as needed.)*

[NOTARIZED BY 2A AGENCY]