Board of Directors

Corporate Governance

Yellow Cake plc was incorporated in Jersey as a public limited company on 18 January 2018. Yellow Cake’s main country of operation is Jersey.

Yellow Cake is incorporated in Jersey. The rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

The Company’s ordinary shares trade on the OTCQX® Best Market, the OTC Markets Group’s premier market for established companies.  The Company’s ordinary shares are eligible to be electronically cleared and settled through the Depository Trust Company.

As at 20 February 2023, Yellow Cake had 198,104,399 in issue of which 4,636,331 shares were held in treasury. The Company was aware of the following holdings of 3% or more in the Company’s issued share capital:

Significant shareholders	Number of Shares	Percentage of issued share capital excluding treasury shares
MM Asset Management	20,130,939	10.16
Kopernik Global Investors	11,067,236	5.59
ALPS Advisors	9,020,363	4.55
Interactive Brokers (EO)	9,399,437	4.74
Global X Management Company	8,912,499	4.50
Hargreaves Lansdown, stockbrokers (EO)	8,170,494	4.12
Brandes Investment Partners	7,057,399	3.56

There are no restrictions as to the transfer of shares in Yellow Cake

Yellow Cake’s directors recognise the importance of sound corporate governance and intend that the Company will comply with the provisions of the UK Corporate Governance Code, insofar as they are appropriate given the Company’s size, business, stage of development, and resources.

Yellow Cake is subject to the City Code