44ZP Urenco 24

TIDM44ZP

RNS Number : 7412J

Urenco Finance N.V.

07 December 2018

news release

7 December 2018

Thomas Haeberle to step down as Urenco CEO

London - 7 December 2018 - Urenco, an international supplier of uranium enrichment services, today announced the plans of Thomas Haeberle, the company's Chief Executive Officer to step down and retire from his executive role at Urenco in spring 2019.

The CEO process of recruitment is well advanced, an announcement of his successor is anticipated in early 2019.

Since his appointment in 2015, Thomas has focused on ensuring the business addresses the challenges in the global enrichment market in order to sustain the long term success of Urenco. This resulted in the creation of a new strategic direction, which has successfully delivered the optimisation of costs, continued financial strength, improved efficiency and the progression of several innovative projects to an advanced stage, supporting the broadening of future business.

Stephen Billingham, the Chairman of the Urenco Limited Board, extended his thanks to Thomas for his significant contribution to the sustained success of the company and wishes him well for the future.

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Contact

Jayne Hallett

Director of Corporate Communications

+44 1753 660 660

Michael Evans

Madano +44 20 7593 4000

michael.evans@madano.com

About Urenco Group

Urenco is an international supplier of enrichment services and fuel cycle products with its head office based close to London, UK. With plants in Germany, the Netherlands, the UK and in the USA, it operates in a pivotal area of the nuclear fuel supply chain which enables the sustainable generation of electricity for consumers around the world.

Using centrifuge technology designed and developed by Urenco, the Urenco Group provides safe, cost-effective and reliable uranium enrichment services for power generation within a framework of high environmental, social and corporate responsibility standards.

For more information, please visit www.urenco.com

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