Company: LEU
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001104659-25-107429
Chunk: 39

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 424B5
Chunk 39
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 exchange rule or law. The holders of Class B
Common Stock are entitled to elect up to two directors, which right is subject to change based on certain holding requirements. Otherwise,
the directors are elected by a plurality of votes cast on the election of directors.

Subject to the rights of the
holders of any series of preferred stock outstanding at any time, the holders of Class A Common Stock and Class B Common Stock
will be entitled to share ratably, based upon the number of shares held, in such dividends and other distributions of cash or any other
right or property as may be declared by the Board of Directors out of the assets or funds legally available for such dividends or distributions.

In the event of any voluntary
or involuntary liquidation, dissolution or winding up of the Company’s affairs, holders of Class A Common Stock and Class B
Common Stock would be entitled to share ratably, based upon the number of shares held, in assets that are legally available for distribution
to stockholders after payment of liabilities. If there is any preferred stock outstanding at such time, holders of the preferred stock
may be entitled to distribution and/or liquidation preferences.

The Certificate of Incorporation
does not provide for any conversion, sinking fund, redemption, preference, preemptive right, or right of subscription for the Class A
Common Stock. Issued and outstanding shares of Class B Common Stock convert into shares of Class A Common Stock upon transfer
to a party other than the current Class B stockholders and their respective affiliates.

Provisions of the Company’s Certificate of Incorporation, Bylaws and Delaware Law that May Have an Anti-Takeover Effect

Certificate of Incorporation and Bylaws.The Certificate of Incorporation and Bylaws provide that a special meeting of stockholders
may be called only by the Chairman, the President, the Board of Directors or a committee empowered by the Board of Directors to call a
special meeting. Stockholders are not permitted to call, or to require that the Board of Directors call, a special meeting of stockholders.

In the event that levels of
foreign ownership of the Company’s stock established by the Certificate of Incorporation are exceeded, the Board of Directors has
the right to take certain actions with respect to such ownership. These actions include requesting information from holders (or proposed
holders) of the Company’s securities, refusing to permit the transfer of securities by such holders, suspending or limiting voting
rights of such holders, redeeming or exchanging shares of the Company’s stock owned by such holders on