IRS Form 8937

Report of Organizational Actions Affecting Basis of Securities

Issuers of specified securities are required to complete Internal Revenue Service Form 8937 to report organizational actions that affect the basis of the securities involved in the organizational action.  Centrus previously prepared a Form 8937 to report the impacts to basis related to the implementation of the approved Plan of Reorganization of USEC Inc., effective September 30, 2014. Centrus has prepared an additional Form 8937 to report the impacts to basis related to the settlement and completion on February 14, 2017 of Centrus’ previously announced private exchange offer to exchange any and all of Centrus’ 8.0% PIK toggle notes due 2019/2024 for the consideration described in the Form.

Disclaimer:  The information contained in Form 8937 and the related attachment does not constitute tax advice and does not purport to take into account any shareholder’s or note holder’s specific circumstances.  Shareholders and note holders are urged to consult their own tax advisors regarding U.S. tax consequences of the transaction described herein and the impact to tax basis resulting from the transaction.

Form 8937 – Centrus Energy Corp. – September 30, 2014

Form 8937 – Centrus Energy Corp. – February 14, 2017