Company: LEU
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001104659-25-039220
Chunk: 35

Company: CENTRUS ENERGY CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 35
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 represents more than five percent of the total outstanding Class A common shares. (4) Based solely on a Schedule 13G filed on November 14, 2024 with respect to shares held as of September 30, 2024.

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TABLE OF CONTENTS COMPENSATION DISCUSSION & ANALYSIS This section describes the compensation programs for our CEO and CFO in 2024, as well as our other three most highly compensated executive officers during 2024, all of whom we refer to collectively as our named executive officers or “NEOs.” Our NEOs for 2024 were: • Amir V. Vexler, President and CEO • Kevin J. Harrill, Senior Vice President, Chief Financial Officer, and Treasurer • Shahram Ghasemian, Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary • John M.A. Donelson, Senior Vice President, Sales and Chief Marketing Officer • Larry B. Cutlip, Senior Vice President, Field Operations Executive Summary Highlights of Our Compensation Program Our executive compensation program is built on a strong governance framework and pay-for-performance philosophy. Key design elements and features of this program are: • Strong oversight by our CN&G Committee of all elements of executive compensation. • The Company’s use of WTW as its independent compensation consultant. • Significant stock ownership guidelines. • A material portion of the total direct compensation opportunity for NEOs is designed to be “at risk” and dependent on Company and individual performance measured against goals established by the CN&G Committee. • Except for Amir Vexler, our President and CEO, there were no employment agreements with our executives during 2024. • Our Equity Incentive Plans include a compensation recovery or “clawback” provision that applies to all equity plan participants. In 2023, we also adopted a “clawback” policy that applies to all of our executives in compliance with Section 10D of the Securities Exchange Act of 1934, as amended, and the NYSE American requirements, under which we will recover incentive compensation paid to covered individuals (including our executive officers) in cases where we have to prepare an accounting restatement which resulted in the payment of incentive compensation greater than what should have been paid based on the restated financial results or corrected metric. • All of the change in control agreements the Company has with its executives, including the named executive officers, include a “double-trigger” provision requiring both a change in control of the Company and an involuntary or constructive termination of the executive’s