EX-99.4 5 d141434dex994.htm EX-99.4 EX-99.4

EXHIBIT 99.4

For fiscal years ended December 31, 2020 and December 31, 2019, KPMG LLP and its affiliates billed Cameco Corporation and its subsidiaries the following fees:

 

     2020
($)		      % of
total fees		      2019
($)		      % of
total fees		  

Audit fees

            

Cameco1

      1,845,700        75.7        1,968,900        78.9  

Subsidiaries2

      335,300        13.8        221,800        8.9  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total audit fees

      2,181,000        89.5        2,190,700        87.8  
  

 

 

     

 

 

     

 

 

     

 

 

  

Audit-related fees

            

Pensions

      27,300        1.1        27,300        1.1  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total audit-related fees

      27,300        1.1        27,300        1.1  
  

 

 

     

 

 

     

 

 

     

 

 

  

Tax fees

            

Compliance

      32,400        1.3        37,900        1.5  

Planning and advice3

      157,400        6.5        200,800        8.1  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total tax fees

      189,800        7.8        238,700        9.6  
  

 

 

     

 

 

     

 

 

     

 

 

  

All other fees

            

Other non-audit fees4

      39,000        1.6        38,300        1.5  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total other non-audit fees

      39,000        1.6        38,300        1.5  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total fees

      2,437,100        100.0        2,495,000        100.0  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

1

Includes amounts billed for the audit of Cameco’s annual consolidated financial statements and the review of interim financial statements.

2

Includes amounts billed for the audit of Cameco’s subsidiary financial statements.

3

Includes amounts billed for transfer pricing advisory.

4

Includes amounts billed in 2020 and 2019 related to Cameco’s I-4 Membership.

Pre-Approval Policies and Procedures

As part of Cameco Corporation’s corporate governance practices, under its committee charter, the audit committee is required to pre-approve the audit and non-audit services performed by the external auditors. The audit committee pre-approves the audit and non-audit services up to a maximum specified level of fees. If fees relating to audit and non-audit services are expected to exceed this level or if a type of audit or non-audit service is to be performed that previously has not been pre-approved, then separate pre-approval by Cameco Corporation’s audit committee or audit committee chair, or in the absence of the audit committee chair, the chair of the board, is required. All pre-approvals granted pursuant to the delegated authority must be presented by the member(s) who granted the pre-approvals to the full audit committee at its next meeting. The audit committee has adopted a written policy to provide procedures to implement the foregoing principles. For each of the years ended December 31, 2020 and 2019, none of Cameco Corporation’s Audit-Related Fees, Tax Fees or All Other Fees made use of the de minimis exception to pre-approval provisions contained in paragraph (c)(7)(i) of Rule 2-01 of Regulation S-X promulgated by the U.S. Securities and Exchange Commission.