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Denison Mines (DNN) Appoints Ken Hartwick to its Board

March 20, 2025 6:30 AM EDT

Denison Mines Corp. (NYSE American: DNN) is pleased to announce the appointment of Ken Hartwick, who previously served as the CEO of Ontario Power Generation ('OPG'), to its Board of Directors (the 'Board'). Mr. Hartwick's appointment comes following the retirement of Brian Edgar from the Board, after having served as a Director of Denison and its predecessors for over 20 years. Additionally, Denison reports the appointment of Mr. Jinsu Baik to the Board, replacing Mr. Jong Ho Hong as Korea Hydro Nuclear Power's ('KHNP') nominated appointee to the Board. View PDF version

Jennifer Traub, Chair of the Board, commented, "We are very pleased to welcome Ken Hartwick and Jinsu Baik to the Board. Both bring unique skills and extensive experience from holding senior roles at globally recognized utilities that are leaders in nuclear power generation. We expect Mr. Hartwick and Mr. Baik to bolster the breadth of nuclear industry and commercial knowledge on our Board and enhance the Board's oversight during the critical process of Phoenix project execution and marketing of future uranium production.

On behalf of the Board, I also express our sincere gratitude to Brian Edgar for his many years of service and the extensive support he has always provided to the Board and to Denison, having made countless contributions to the strategic direction and governance of the Company, including in his recently held roles as Denison's Lead Director, Chair of the Corporate Governance & Nominating Committee, and member of the Audit Committee."

Mr. Ken Hartwick

Mr. Hartwick joined the Board effective March 19, 2025. Mr. Hartwick has over 40 years of experience in a variety of fields such as finance, investment, corporate leadership and governance, risk management, and stakeholder engagement, with 35 years in the finance and energy sectors.

In 2024, Mr. Hartwick retired from the position of President and CEO of OPG, one of North America's largest and most diverse electricity generators, which is also recognized as a clean energy technology innovator. Under Mr. Hartwick's tenure at OPG, spanning nearly 9 years, OPG released its first Climate Change Plan, advanced Ontario's electrification efforts through the development of the Ivy charging network and OPG's PowerON fleet electrification subsidiary, launched its first Reconciliation Action Plan, and took a global leadership position in the deployment of Small Modular Reactors ('SMRs') with the advancement of plans to deploy four SMRs at OPG's Darlington site. Mr. Hartwick is a Chartered Professional Accountant with an Honours Bachelor of Business Administration degree from Trent University.

Mr. Jinsu Baik

Mr. Baik joined the Board effective March 13, 2025, having replaced KHNP's previous board nominee Mr. Hong. Mr. Baik is currently General Manager of the Nuclear Fuel Cyle Management Section of KHNP, which is the national hydro and nuclear power utility in South Korea. Mr. Baik has substantial professional expertise developed through working in the nuclear industry and has held various positions at KHNP, including his prior positions as General Manager in the Safety Engineering Section and Senior Manager in the Nuclear Fuel Supply Section. Mr. Baik holds a degree in Nuclear Engineering from HanYang University. Denison and KHNP Canada Energy Ltd. ('KHNP Canada') (which is a subsidiary of KHNP) are parties to a Strategic Relationship Agreement, which provides for a long-term collaborative business relationship between the parties and includes a right of KHNP Canada to nominate one representative to the Board provided it holds at least 5% of Denison's shares (currently holding ~6.5%).



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