Centrus IPO Presentation Deck
Uncovered Demand is Appearing
• Enrichment is typically sold on long-term, multi-year
contracts
• Open demand is expected to increase after 2020 as
many long-term legacy contracts expire
• Centrus sales projections assume only a small share of
accessible markets (where trade restrictions are limited),
with substantial opportunity for further growth
15
10
Global Uncommitted Demand vs. Targeted New Sales
(Transaction Tails, Million SWU)
Total Worldwide Uncommitted Demand
Uncommitted Demand in Accessible Markets
Centrus Targeted New Sales
2020
Centrus
2021
2022
2023
2024
Sources: NAC 2018, WNA 2019: Centrus
56 reactors are under construction around the world
• Enrichment demand is expected to increase over 40%
by 2035.
. Even in a flat market, Centrus has headroom for growth
and a path to get there
120
100
80
60
40
20
2018
Centrus Proprietary information
2020
Global Demand for Enrichment
(Million SWU)
-Upper Lower -Reference
2022
2024
2026
2028
2030
2032
2036
2034
2038
2040
Source: World Nuclear Association, 2019View entire presentation