Company: LEU
Filing Date: 2025-05-09
Form Type: 424B5
Source: 0001104659-25-046715
Chunk: 4

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-09
Form: 424B5
Chunk 4
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 to TENEX, Joint Stock Company 
 (“TENEX”);                                                                                                                              |

| ● | risks related to laws or other government measures that ban, delay or restrict (i) imports                                             
 of Russian LEU into the United States, including but not limited to the Import Ban Act, or (ii) transactions with Rosatom or its       
 subsidiaries, which include TENEX or (iii) exports of Russian LEU from Russia to the United States or any entity that is a U.S. entity 
 or that transacts with a U.S. entity, including but not limited to the Russian Decree;                                                 |

| ● | risks related to our potential inability to secure additional U.S. government waivers from the                                        
 Import Ban Act in a timely manner or at all in order to allow us to continue importing Russian LEU under the TENEX Supply Contract or 
 implementing the TENEX Supply Contract;                                                                                               |

| ● | risks related to TENEX’s refusal or its prohibition or inability to deliver, or timely                                                     
 deliver, LEU to us for any reason including (i) U.S. or foreign government sanctions, bans, or decrees imposed on LEU from Russia          
 or on TENEX, (ii) TENEX being unable, prohibited or unwilling to receive payments, receive the return of natural uranium hexafluoride,     
 or conduct other activities related to the TENEX Supply Contract, (iii) TENEX electing, or being directed (including by its owner          
 or the Russian government), to limit, pause or stop transactions with us or with the United States or other countries or (iv) TENEX        
 being unable to secure specific export licenses from the Russian authorities as required by the Russian Decree for each shipment or secure 
 them in a timely manner to ship Russian LEU to the United States, or such export licenses, once secured, are subsequently rescinded prior  
 to shipment;                                                                                                                               |

| ● | risks related to laws, sanctions or other government measures that prohibit or restrict doing 
 business with TENEX; and                                                                      |

| ● | risks related to disputes with third parties, including contractual counterparties, that could                                          
 result if we do not receive timely deliveries of LEU under the TENEX Supply Contract and are unable to rely on contractual protections. |

<div align='center'>S-iii</div>

Risks related to economic and industry factors primarily include:

| ● | risks related to our dependence on others, such as TENEX, under the TENEX Supply Contract, Orano,