Hello, and welcome to the annual meeting of stockholders of Centrus Energy Corp. Please note that today's meeting is being recorded. During the meeting, we'll have a question and answer session. Please limit your questions to the items of business that are covered on the proxy statement. As a reminder, we are in the quiet period and therefore cannot and will not answer any questions related to the business's current or prospective performance. You can submit questions or comments at any time by clicking on the Q&A tab. It is now my pleasure to turn today's meeting over to Mikel Williams. The floor is yours. Thank you. Good morning, ladies and gentlemen. I'd like to call the 2026 Centrus Energy Corp annual meeting of stockholders to order. My name is Mikel Williams, and I'm the Chairman of the Board, and I will be presiding over this meeting. It's my pleasure on behalf of the Directors and the officers of Centrus to express our appreciation to you for attending this meeting today. The agenda and rules of procedure for the meeting are located on the web portal. In the interest of an orderly meeting, I will follow these rules and ask everybody participating to do so as well. There will be time for questions or comments from stockholders following the formal part of this meeting. If stockholders would like to ask a question, you may do so by submitting your question in writing where indicated on the web portal. Note that only stockholders may submit questions. Although the meeting is being recorded, no one attending via webcast is permitted to use any audio recording devices to record any portion of the meeting. I'm joined today by Amir Vexler. Amir is the President and Chief Executive Officer of Centrus, as well as a member of the Board of Directors. Also joining us at our meeting today are other members of Centrus's board and certain other officers and employees of the company. Let me take a moment to introduce the nominee members of the board who are joining me today at the meeting. Additional information concerning the principal occupation of the Directors, their experience, and other matters that may be of interest are as contained in the proxy statement. The current members of the board nominated for election to continue serving, in addition to myself, are Admiral Kirk Donald, Tina Jonas, Dr. Bill Madia, Ray Rothrock, and Amir Vexler. I'll note that Tetsuo Iguchi has also been elected as a Director by the holders of the company's Class B common stock and is not standing for election today. Before I get started with the business portion of the meeting, there are a few procedural items I'd like to mention. Based on the proxies received, a majority of shares outstanding and entitled to vote as of our April 20th record date are present at the meeting. Accordingly, we have a quorum. The polls for voting on all matters are hereby opened at this time, 10:03 A.M., June 18th, 2026. Later in the meeting, I'll announce their closure. There are five items of business to be voted on at this meeting. Information regarding these items is as set forth in the company's proxy statement. First, to elect the six director nominees for a term of one year. Second, to hold a vote to approve the company's executive compensation. Third, to hold a vote to approve an amendment to the company's certificate of incorporation to permit the exculpation of officers to be included in the second amended and restated certificate of incorporation. Fourth, to hold a vote to approve the Section 382 Rights Agreement as amended. Fifth, to ratify the appointment of Deloitte & Touche as the company's independent auditors for 2026. Finally, to transact such other business as may properly come before the meeting or any adjournment thereof. If you wish to vote during the meeting, you may do so where indicated on the web portal. If you have already voted by proxy, you need not vote today unless you'd like to change your vote. Please note that if you're voting during the meeting, your vote must be cast prior to the closing of the polls. Let me run through the items of business. The first order of business is the election of the directors. The six nominees whose names, qualifications, are as set forth in the company's proxy statement are hereby nominated for election as directors of the company for a term of one year. The next order of business is the advisory vote on the company's executive compensation. Stockholders are being asked to approve the compensation of the company's named executive officers as disclosed in the proxy statement. This vote is advisory and therefore is not binding on the company. Excuse me. This item is hereby submitted to stockholders for approval. The next order of business is the proposal to approve an amendment to the company's certificate of incorporation to permit the exculpation of officers to be included in the second amended and restated certificate of incorporation. A summary of the amendment to the company's certificate of incorporation to permit the exculpation of officers and its purpose are as set forth in the proxy statement. This item is hereby submitted to the stockholders for approval. The next order of business is the proposal to approve the Section 382 Rights Agreement as amended. A summary of the Section 382 Rights Agreement and its purpose are set forth in the company's proxy statement. This item is hereby submitted to stockholders for approval. The next order of business is the proposal to ratify the appointment of Deloitte & Touche to serve as Centrus' independent auditors for the 2026 fiscal year. I'd like to take a moment to introduce Lee Corte, who is the engagement partner on the Centrus account this year. He is with us today to answer any questions you may have of him. The ratification of their appointment is hereby submitted to the stockholders for approval. There are no other proposals to be submitted to the stockholders at this time. Now I'd like to introduce Jim Rate. Mr. Rate has been appointed to serve as the Inspector of Election at this meeting. He is a representative of Broadridge Financial Solutions. Thank you, Mr. Rate, for your help today. If you are voting via the web portal, please finish submitting your vote now. Again, if you have already voted by proxy, you do not need to vote today unless you would like to change your vote. There being no further voting ballots, the polls are now closed for voting at 10:08, June 18th, 2026. I've received the report of the vote from the Inspector of Election. I'm pleased to report that the shareholders have passed the following proposals. The election of the six director nominees for a term of one year, the non-binding advisory vote to approve the company's executive compensation, the Section 382 Rights Agreement as amended, and ratifying the appointment of Deloitte & Touche LLP as the company's independent auditors for 2026. The company's stockholders did not pass the proposal to amend the certificate of incorporation to permit the exculpation of officers. This proposal received strong support amongst the stockholders that voted but did not reach the majority of all outstanding shares required for the passage of this proposal. We've seen strong year-over-year growth in our shareholder participation in our non-routine proposal voting, a clear sign of our commitment to meaningful shareholder engagement. Further evidence of this can be seen across a number of areas, including a new section that we included in our filed proxy, where we outline how we have proactively addressed feedback from our shareholders. Ladies and gentlemen, this concludes the formal business of the meeting. I declare the meeting adjourned. The floor is now open for any general questions or comments from shareholders. If you have a question or comment, please submit your question where indicated on the web portal. As noted earlier on the call, please limit your questions to items of business that are covered in the proxy statement. We cannot and will not answer any questions related to the business's current or prospective performance as we are in a quiet period. We have established an order of business, folks, which is set out on the agenda and the rules of procedure for this meeting so that we can conduct the meeting in an orderly and expeditious manner. Obviously, questions should be limited to the proposals at hand. We have not received any questions relating to the proposals listed in the proxy. We did have, I think, one question that was not related to that. Depending upon that, we can maybe follow up later or when we're not in a quiet period. I don't believe there are any other questions. Ladies and gentlemen, this concludes the meeting. Thank you for participating and for your continued support of Centrus. The meeting is adjourned. This concludes the meeting. You may now disconnect
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