Company: LEU
Filing Date: 2025-05-09
Form Type: 424B5
Source: 0001104659-25-046715
Chunk: 32

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-09
Form: 424B5
Chunk 32
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 matter
properly submitted to the stockholders for their vote, except for any amendment for the Certificate of Incorporation that relates solely
to the terms of one or more outstanding series of Preferred Stock or Class B Common Stock. Generally, all matters to be voted on
by stockholders, other than the election of directors, must be approved by a majority in voting power of the stock represented and entitled
to vote. However, questions governed expressly by provisions of the Certificate of Incorporation, bylaws, applicable stock exchange rules or
applicable law require approval as set forth in the applicable governing document, stock exchange rule or law. The holders of Class B
Common Stock currently are entitled to elect up to one director, 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 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, with sharing equally in such dividends or distributions. The Company is not permitted to pay dividends on the Common
Stock while any shares of Series B Preferred Stock are outstanding.

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 Company currently has zero shares of Series B Preferred Stock
outstanding.

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