Centrus Energy (LEU) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 20, 2025, will be held virtually, allowing shareholders to vote and submit questions online.

• Shareholders will vote on electing seven directors, an advisory say-on-pay for executive compensation, and ratification of Deloitte & Touche LLP as independent auditors for 2025.

• Record date for voting is April 21, 2025; each Class A share gets one vote per proposal.

• Company achieved $442 million in revenue and $73.2 million net income in 2024, with a $671 million cash balance and a $3.7 billion backlog through 2040.

• CEO transition occurred in January 2024, with Amir V. Vexler appointed as President and CEO.

Voting matters and shareholder proposals

• Proposals include election of seven directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as auditors.

• Board recommends voting FOR all proposals.

• Shareholders may submit proposals for the 2026 meeting between February 20 and March 22, 2026.

Board of directors and corporate governance

• Board will consist of seven Class A-elected directors and one Class B-elected director after the meeting.

• Majority of directors are independent; committees include Audit and Finance, Compensation/Nominating & Governance, Technology/Competition & Regulatory, Cyber Risk, and Executive.

• Board leadership is separate from the CEO; Chairman is independent.

• Board and committees conduct annual self-evaluations and performance reviews.

• Stock ownership guidelines require directors to hold stock worth at least three times their annual retainer.