Centrus Energy: Positioned for Growth Amid Nuclear Sector Momentum and Policy ShiftsWe acknowledge the premium is rich; however, because Centrus is the sole pure play in uranium enrichment, we see it as justified. Continued momentum in the nuclear sector may allow even further multiple expansion from these levels, hence our Outperform rating. Investor risks include regulation, government funding, buildout execution, and geopolitical trade restrictions. To listen, go to: https://www.williamblair.com/insights/Untangling-Nuclears- Supply-Chain-with-Centrus-Energy-CEO-Amir-Vexler This episode was recorded on September 12, 2025. Blair | Building | 150 North Riverside Plaza | Chicago, IL 60606 | +1 312 236 1600 | www.williamblair.com This is not in any sense a solicitation or offer of the purchase or sale of securities.