Centrus IPO Presentation Deck slide image

Centrus IPO Presentation Deck

Centrus LEU Supply Contracts • The company has a diverse base of supply that includes inventory, medium- and long- term supply contracts, and spot purchases • Centrus has long-term supply contracts for SWU with TENEX and Orano . These contracts include a fixed and discount-to-market price components • TENEX supplies LEU under The Transition Supply Agreement, which runs through 2028 but remains subject to US-Russia trade agreement that established quotas limiting Russian imports • Current agreement is set to expire in December 2020, but US Department of Commerce initiated a review and has on-going negotiations to extend and modify the quotas limiting imports. There is no assurance that negotiations will result in favorable quotas. • A one-time market-related price reset with TENEX in 2018, which was applied to purchases in 2019 and beyond, had a dramatically positive impact on the company's financial results beginning Q3 of 2019 Centrus 13
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