Company: LEU
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001104659-25-039220
Chunk: 40

Company: CENTRUS ENERGY CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 40
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. Beginning with the 2025 EIP, the vesting of the LTIP awards no longer accelerates upon death, disability, retirement, termination by the Company without cause, or other termination. See “Potential Payments Upon Termination or Change in Control — Awards under the 2014 Plan” below. The total number of shares granted for the LTIP awards are included in the Summary Compensation Table for the year granted using the grant date fair value of such awards, as determined under applicable accounting rules. Annual Awards 2024 Annual Awards In 2024, each participant was eligible to receive an Annual Award, payable in cash, if certain Company-wide goals determined by the CN&G Committee (the “Corporate Goals”) were met for 2024, as further described in the table below. A participant’s target Annual Award is a percentage of the participant’s base salary. The potential actual Annual Award is subject to, and based upon, the level of achievement of the applicable Corporate Goals. Following the end of 2024, our CEO reviewed the achievements of the Corporate Goals and recommended to the CN&G Committee a proposed level of performance that was achieved for 2024. The payment for a participant therefore would be equal to: 31

TABLE OF CONTENTS

In February 2025, our CN&G Committee reviewed the performance of the Company against the 2024 Corporate Goals and determined that the Annual Awards would be paid at 167% of the target level for the “Corporate Goals Achievement Percentage.” The 2024 Annual Awards were paid in February 2025 following the CN&G Committee’s certification. The amounts of the Annual Award based on 2024 Corporate Goals paid to each named executive officer for 2024 are included in the Summary Compensation Table in the column entitled “Non-Equity Incentive Plan Compensation.” The following table provides a summary of the 2024 Corporate Goals for the 2024 Annual Awards and the CN&G Committee’s determinations as to the Company’s performance relative to those goals, which resulted in the authorization of the payment of the annual incentive at 167% of the target level. Centrus Energy Corp. 2024 Corporate Goals

| ​ | ​                                                                                                                                             | Goal                                                                                                                                                        | ​ | ​ | ​                                          | Minimum Threshold(50% payout graded ) —Target (100% payout) —Max (up to 200%payout graded)                                               | ​ | ​ | ​ | Achievement VersusTarget                                  | ​ | ​ | ​ | Score for GoalCategory