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
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