Urenco Finance N.V. - Tender Offer - Termination

Urenco Finance N.V. announces the termination of its Tender Offer for its €500,000,000 2.375 per cent. Notes due 2024

04 APRIL 2023

Full announcement including disclaimers and offer restrictions available via LSE

"4 April 2023. Further to the announcements dated 24 March 2023 and 31 March 2023, Urenco Finance N.V. (the Company) announces today that it has terminated its invitation to holders of its outstanding €500,000,000 2.375 per cent. Notes due 2024 (ISIN: XS1145750037) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer).

The Company has reassessed its cash deployment opportunities and determined that pursuing the Offer no longer represents the most prudent treasury management.

In accordance with the terms and conditions of the Offer, the Company has therefore taken the decision to terminate the Offer today and consequently will not accept any tenders of Notes for purchase. For the avoidance of doubt, the Purchase Price and Accrued Interest Payment will not be paid or become payable. Any Notes in respect of which Tender Instructions have been submitted prior to this announcement will be unblocked in the relevant account in the relevant Clearing System."

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Urenco Finance N.V. Announces the Re-opening and Extension of, and Amendment to, its Tender Offer for its €500,000,000 2.375 per cent. Notes due 2024

31 MARCH 2023

Full announcement including disclaimers and offer restrictions available via LSE

"As at 5.00 p.m. on 30 March 2023 (being the original Expiration Deadline), €318,066,000 in aggregate nominal amount of the Notes had been tendered pursuant to the Offer.

Re-opening and Extension to the Offer

The Company has determined to re-open the Offer and extend the Expiration Deadline for the Offer to 5.00 p.m. (CEST) on 5 April 2023, and accordingly the Pricing Date and Settlement Date for the Offer will also be amended as set out in the timetable below. All references to the "Pricing Date", the "Settlement Date" and the "Expiration Deadline" in this announcement and the Tender Offer Memorandum shall be to the relevant date or relevant time set out in the timetable below."

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"Amendment to the Offer

The Company has also determined that it will amend the terms of the Offer such that it will no longer accept any and all Notes tendered for purchase pursuant to the Offer. The Company now proposes to accept for purchase pursuant to the Offer up to €150,000,000 in aggregate nominal amount of the Notes (the Target Acceptance Amount), although the Company reserves the right, in its sole discretion, to accept significantly more or significantly less than such amount for purchase pursuant to the Offer (the final aggregate amount of Notes accepted for purchase pursuant to the Offer being the Final Acceptance Amount)."

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"Summary of the Offer (as amended)

A summary of certain of the terms of the Offer appears below:"

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"Expiration Deadline

Final deadline for receipt of valid Tender Instructions by the Tender Agent in order for Noteholders to be able to participate in the Offer.

This will also be the deadline for receipt by the Tender Agent of a valid electronic instruction to revoke any Tender Instruction previously submitted by a Noteholder.

5.00 p.m. on Wednesday, 5 April 2023"

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Urenco Finance N.V. Announces Tender Offer for its €500,000,000 2.375 per cent. Notes due 2024

24 MARCH 2023

Full announcement including disclaimers and offer restrictions available via LSE

"24 March 2023. Urenco Finance N.V. (the Company) announces today its invitation to holders of its outstanding €500,000,000 2.375 per cent. Notes due 2024 (ISIN: XS1145750037) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer). The Offer is being made on the terms and subject to the conditions contained in the tender offer memorandum dated 24 March 2023 (the Tender Offer Memorandum) prepared by the Company, and is subject to the offer restrictions set out below and as more fully described in the Tender Offer Memorandum.

Copies of the Tender Offer Memorandum are (subject to distribution restrictions) available from the Tender Agent as set out below. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

Summary of the Offer

A summary of certain of the terms of the Offer appears below:"

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"Rationale for the Offer

The purpose for the Offer is to reduce the outstanding nominal amount of the Notes prior to their maturity as part of the Company's management of its debt maturity profile. Notes purchased by the Company pursuant to the Offer will be cancelled and will not be re-issued or re-sold."