Centrus Energy Invited to Join S&P SmallCap 600 Index

(NYSE: LEU) Centrus Energy Corp. announced that the company is set to join the S&P SmallCap 600 Index, effective prior to the opening of trading on Tuesday, July 14, 2026. Late last year, Centrus launched domestic centrifuge manufacturing to support a major expansion of its uranium enrichment plant in Piketon, Ohio, which is expected to create thousands of jobs across the United States. The anticipated multi-billion-dollar scope would make the expansion one of the largest nuclear infrastructure construction projects underway in the United States today. Last week, Centrus announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received earlier this year from the U.S. Department of Energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale. The company projects that the expansion will help meet the growing need for commercial Low-Enriched Uranium (LEU), commercial High-Assay, Low-Enriched Uranium (HALEU), and enriched uranium needed for national security missions.

Centrus Signs Contract with Department of Energy for $900 Million Award; Intends to Transition HALEU Production Cascade to Commercial Operation

(NYSE: LEU) Centrus Energy announced it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year. The total contract value with all options included is $1.07 billion. Centrus completed production of the final 900 kilograms of HALEU UF6 required under the existing demonstration contract in mid-June, two weeks ahead of schedule, with a cumulative total of more than 1,900 kilograms produced over the life of the contract. The prior demonstration contract was extended through June 30, 2026, and a three-month, $15 million extension for HALEU storage was signed. The initial build-out will include 12 metric tons of annual HALEU production capacity and capacity to meet Centrus' existing LEU backlog of $2.4 billion. The first new capacity is expected to come online by 2029. Centrus' multi-billion-dollar expansion project is expected to support thousands of American jobs, including 1,000 construction jobs and 300 new operating jobs in Ohio.

Centrus Energy Corp. Announces Extension of Section 382 Rights Agreement

(NYSE: LEU) Centrus Energy Corp. announced that after obtaining the approval of stockholders at its 2026 annual meeting, held on June 18, 2026, it had entered into the seventh amendment to the Company's Section 382 Rights Agreement designed to preserve the Company's substantial tax assets associated with net operating loss carryforwards under Section 382 of the Internal Revenue Code. The seventh amendment extends the Rights Plan through June 30, 2029. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. The Rights Plan is similar to plans adopted by other public companies with significant NOLs. Pursuant to U.S. federal income tax rules, the Company's use of certain tax assets could be substantially limited if the Company experiences an 'ownership change' as defined in Section 382. Centrus Energy is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale. For additional details regarding the amendment to the Rights Plan, the Company will file a Current Report on Form 8-K and amendment to Registration Statement on Form 8-A with the Securities and Exchange Commission.

CENTRUS ENERGY CORP