Exhibit 2

CAMECO CORPORATION

Corporate Office

2121 – 11th Street West

Saskatoon, Saskatchewan

Canada S7M 1J3

Tel 306.956.6200

Fax 306.956.6201

www.cameco.com

April 30, 2020

Canadian Securities Administrators

Cameco Corporation

Annual Meeting April 30, 2020

Report of Voting Results

Under National Instrument 51-102

In accordance with Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, we advise of the results of the voting on the matters submitted to the annual meeting (the Meeting) of the shareholders (the Shareholders) of Cameco Corporation (the Corporation) held on April 30, 2020. Each matter voted on is described in greater detail in the Corporation’s 2020 Management Proxy Circular issued in connection with this meeting, which is available at cameco.com.

The matters voted upon at the Meeting and the results of the voting were as follows:

Item 1:    Election of Directors

On a vote by ballot, the following directors were elected to hold office for the ensuing year or until their successors are elected or appointed:

Ian Bruce	Jim Gowans
Daniel Camus	Kathryn Jackson
Donald Deranger	Don Kayne
Catherine Gignac	Anne McLellan
Tim Gitzel

Canadian Securities Administrators

April 30, 2020

Page 2

The outcome of the ballot vote, based upon proxy votes by Shareholders received by the Corporation, the voting results for the election of directors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Vote Results Before Reduction of Non-resident Vote:

Nominee	Votes For		% Votes For			Withheld		% Votes Withheld
Ian Bruce		207,154,447		99.00	%		2,095,150		1.00	%
Daniel Camus		206,622,221		98.74	%		2,627,376		1.26	%
Donald Deranger		208,344,882		99.57	%		904,715		0.43	%
Catherine Gignac		208,642,197		99.71	%		607,400		0.29	%
Tim Gitzel		208,414,292		99.60	%		835,305		0.40	%
Jim Gowans		201,354,963		96.23	%		7,894,634		3.77	%
Kathryn Jackson		207,165,099		99.00	%		2,084,498		1.00	%
Don Kayne		197,183,701		94.23	%		12,065,896		5.77	%
Anne McLellan		205,748,142		98.33	%		3,501,455		1.67	%

Vote Results After Reduction of Non-resident Vote to 25%:

Nominee	Votes For		% Votes For			Withheld		% Votes Withheld
Ian Bruce		59,190,962		99.34	%		391,465		0.66	%
Daniel Camus		58,678,163		98.48	%		904,264		1.52	%
Donald Deranger		59,272,325		99.48	%		310,102		0.52	%
Catherine Gignac		59,324,230		99.57	%		258,197		0.43	%
Tim Gitzel		59,285,619		99.50	%		296,808		0.50	%
Jim Gowans		56,890,226		95.48	%		2,692,201		4.52	%
Kathryn Jackson		59,193,286		99.35	%		389,141		0.65	%
Don Kayne		56,185,281		94.30	%		3,397,146		5.70	%
Anne McLellan		58,452,018		98.10	%		1,130,409		1.90	%

Item 2:    Appointment of Auditors

On a vote by ballot, KPMG LLP was appointed auditors of the Corporation to hold office until the next annual meeting of Shareholders, or until their successors are appointed.

The outcome of the ballot vote, based upon proxy votes by Shareholders received by the Corporation, the voting results for appointment of auditors, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, would have been:

Canadian Securities Administrators

April 30, 2020

Page 3

Vote Results Before Reduction of Non-resident Vote:

Votes For	% Votes For	Votes Withheld	% Votes Withheld
242,977,943	99.36%	1,567,157	0.64%

Vote Results After Reduction of Non-resident Vote to 25%:

Votes For	% Votes For	Votes Withheld	% Votes Withheld
58,773,000	98.64%	809,427	1.36%

Item 3: Executive Compensation

On a vote by ballot, an advisory resolution was passed accepting the approach to executive compensation disclosed in Cameco’s Management Proxy Circular delivered in advance of this meeting.

The outcome of the ballot vote, both before and after giving effect to the twenty-five (25%) percent non-resident Shareholder voting restriction, was as follows:

Vote Results Before Reduction of Non-resident Vote:

Votes For	% Votes For	Votes Against	% Votes Against
193,553,475	92.50%	15,698,814	7.50%

Vote Results After Reduction of Non-resident Vote to 25%:

Votes For	% Votes For	Votes Against	% Votes Against
55,706,938	93.49%	3,878,181	6.51%

Cameco Corporation
By:	“Sean A. Quinn”
	Sean A. Quinn
	Senior Vice-President, Chief Legal Officer and Corporate Secretary