ABOUTAbout TENEX TENEX

TENEX, Joint Stock Company (brand name TENEX operates in strict accordance with TENEX) is one of the world’s leading suppliers legal requirements, international quality and of nuclear fuel cycle (NFC) products with an safety standards. TENEX shares the values impeccable reputation and its history dating for of sustainable development and takes a over half a century. responsible approach to managing economic, social and environmental impacts, guided by Year of the principles of openness and respect for the 1963 establishment interests of all stakeholders. TENEX is the main organization of the «Sales and trading» division of Rosatom State Nuclear Energy Corporation (ROSATOM), with NFC Logistics, Joint-Stock Company, Joint Stock Company “Saint-Petersburg “IZOTOP”, Uranium One Group, Joint-Stock Company and foreign subsidiaries performing marketing and sales activities in the key operations regions included into its management contour. BUSINESSBusiness Profile NEWNew business streams BUSINESS Uranium Spent Nuclear Years of experience in the global market allows TENEX group to act as a global development platform. U products Fuel Products The business diversification strategy provides for the development of several areas: «biofuels» and «rare PROFILETENEX supplies all key regional segments of TENEX promotes to the global market the STREAMSmetals» (lithium, etc.). The first is associated with the development of «green» energy, and the second - the global market with uranium products such environmentally friendly technological solutions with the supply of raw materials for high-tech industries. as natural and enriched uranium produced by of Rosatom State Corporation in the field of Russian NFC enterprises, provides conversion spent nuclear fuel (SNF) management: SNF and uranium enrichment services, as well as reprocessing and fractionation of radioactive services for handling regenerated uranium and waste (RAW) generated during processing, as Biofuel Lithium and other rare metals other uranium-containing materials of non- well as elements of the system for dry storage standard specifications. These products are and transportation of SNF and RAW. The used to produce fuel for research reactors and proposed solutions allow maximum recycling of nuclear power plants of large and low power. useful materials and minimizing the volume and degree of danger of the waste sent to landfill.

Transportation and Logistics

TENEX provides a full scope of logistical services, ensuring NFC products delivery in compliance with all international and national safety requirements. VALUESValues and Strategic Goals AND KEYKey Competitive COMPETITIVE Advantages STRATEGICOne Team Efficiency STRENGTHS Many years of experience and an impeccable Reliance on highly efficient production facilities track record of uranium products delivery to and Rosatom’s scientific and technological GOALS customers worldwide potential Respect One step ahead

Guarantee of uninterrupted supply through diversified production base of suppliers A full range of NFC products and services offered both as separate components and as “package” supplies

Responsibility for the result Safety Multifaceted solution to the problem of SNF accumulation Competitive commercial terms of supply

Increasing international market share Reducing product cost and lead time

Highly efficient sales network in the key Developing new products for the Russian Achieve global leadership in a number regional markets Flexible supply logistics due to diversified route and international markets of advanced technologies network and developed infrastructure Sales markets

TRADEWILL LIMITED SALES (London, United Kingdom) Finland

Sweden

MARKETS TENEX United Kingdom TENEX-USA, Incorporated Germany Kazakhstan (Washington, USA) Czech Republic Belgium Switzerland France Bulgaria Japan USA Spain TENEX-JAPAN Co. Turkey (Tokyo, Japan) China South Korea INTERNEXCO GmbH (Zug, Switzerland) Egypt TENEX-Korea Co., Ltd. Mexico (Seoul, Republic Of Korea) On the European market UAE

On the US market Brazil

On the Asian market

On the African market URANIUMUranium Products SPENTSpent Nuclear Fuel Products

TENEX is one of the world’s leading suppliers of NFC products, providing a significant share of uranium TENEX promotes Russian solutions in the field of SNF management on the global market. enrichment services required for Western-type nuclear reactors. These solutions are based on recycling of SNF, fractionation of the RAW generated in the process of recycling PRODUCTS NUCLEARand separate treatment of different fractions. This allows to minimize waste volumes and hazard levels, • Customers include over 40 companies from different regions of the world which means solving the problem of SNF management in an economical and environmentally friendly way. • Annual sales volume amounts to approx. $2 billion • The total volume of the long-term orders portfolio amounts to approx. $16 billion The valuable raw materials obtained as a result of SNF processing are subject to re-introduction FUELin the NFC. Recycling fully meets the challenges of the time helping to reduce the environmental burden and consumption of natural resources. Natural uranium Enriched uranium product Conversion services

The competence of the Russian nuclear industry allows TENEX offering foreign customers the products Uranium enrichment Reprocessing and reintroduction of unclaimed PRODUCTSbased on the «Balanced NFC» concept solutions that ensure safe handling of SNF at all stages – starting services uranium-containing materials into the NFC from unloading from the reactor storage pools, storage and monitoring to transportation, processing of SNF and RAW conditioning.

Uranium One Group holds the foreign uranium mineral resource base. Uranium assets at various stages of implementation:

Uranium mining Mine conservation Preparing for mining launch Geological exploration SNF reprocessing with Development and supply Supply of equipment RAW fractionation of SNF storage and for RAW management Kazakhstan USA Tanzania Namibia transportation systems (Akdala, South Inkai, (Willow Creek mine) (Mkuju River Project) Karatau, Akbastau, Zarechnoye, Khorasan Creation of infrastructure Consulting services facilities for SNF in the field of SNF mines) management on the and RAW management customer’s territory

1By order of the Government of the Russian Federation, TENEX was appointed the sole organization authorized to conclude foreign trade deals related to import of irradiated fuel assemblies for processing in the Russian Federation Nuclear Fuel Cycle TENEX’s NUCLEARProducts Suppliers key partners:

Supplies of uranium raw materials JSC “PA ECP” FUELFEO, FSUE CYCLE Uranium One Group Zelenogorsk Moscow Atomredmetzoloto Uranium Holding Co.

Siberian Chemical Plant JSC Seversk Conversion FSUE “RADON” RUSSIA PRODUCTSMoscow and enrichment services SC UEIP TVEL, Joint-Stock Company Novouralsk FSUE MCC Zheleznogorsk UGR Centre JSC FSUE “NO RAO” Seversk Moscow Processing of non-irradiated SUPPLIERSFSUE Mayak PA Khiagda JSC Ozersk village Bagdarin uranium-containing materials services

FSUE Scientific Research Institute SIA “LUCH” FSUE Scientific Research Institute JSC JV Akbastau DALUR JSC PJSC SIA “LUCH” Podolsk Akbastau village Uksyanskoe Krasnokamensk SNF management JV SMCC LLP products Akdala, Yuzhny Inkai FSUE «MCC» Production KAZAKHSTAN FSUE Mayak PA Khorasan-U JV LLP Karatau LLP UGR Centre JSC Khorasan Conversion Karatau JSC AECC FEO, FSUE Angarsk FSUE «RADON» Beneficiation FSUE «NO RAO» JSC JV ZARECHNOYE SNF management Zarechnoe

Processing of unirradiated uranium-containing materials Transportation TRANSPORTATIONand Logistics services ТРАНСПОРТН St. Petersburg port Joint-Stock Company NFC logistics together ANDwith Joint Stock Company “Saint-Petersburg LOGISTICS ЛОГИСТИЧЕС “IZOTOP” provides a range of transport and Zabaykalsk/Manzhouli logistics services (organization of multimodal transborder station transportation, delivery by land and water SERVICEStransport, expedition, customs clearance, etc.) УСЛУГИ in full compliance with international safety requirements. Transport and forwarding services are carried out with the involvement of leading transport agents and licensed sea carriers. Lokot Vostochny Ust-Luga rail terminal port port The developed infrastructure allows TENEX offering flexible routes for transporting products for the foreign customers using seaports in the North-Western, Far-Eastern and Southern regions of Russia.

Taganrog port NEWNew Business Areas TENEX group is actively working to expand the product offer for companies focused on the production BUSINESSand use of «green» energy. Biofuels

Solid biofuel is a fully renewable energy source, stable and available without restrictions related to AREASseasonality, weather conditions and other factors. The first supplies of biofuels (wood pellets) to the world market were made in 2019. Lithium and other rare metals

A responsible approach to handling wood raw materials in the supply chain has been confirmed by the At present, the assessment of deposits of rare metals, primarily lithium, is being carried out for their passed certification according to the Forest Stewardship Council (FSC) international standards. subsequent development. The introduction of innovative Russian technologies for the processing of hydromineral raw materials is envisaged. These technologies are highly efficient and have a minimum impact on the environment, water balance and biocenosis. Development of this stream:

Development of this stream:

Provides a transition to rational Contributes to improving Meets the UN Sustainable consumption and production models global environmental Development Goals forming a waste-free production system conditions in the forest industry Provides raw material Promotes the transition Meets the UN Sustainable for high-tech products to renewable energy Development Goals SUSTAINABLESustainable Development Principles of Sustainable Development are grouped into three blocks: In order to promote responsible practices in the supply BUSINESS INTEIT chain, TENEX developed a Supplier Code of Conduct.

DEVELOPMENTThe TENEX Supplier Code of Conduct is a list of the basic principles Compliance with Legislation and Business Ethics Anti-corruption Policy of sustainable development that are an integral part of the company’s value system. Responsible Procurement Focus on uality and Safety Transparency and Openness to Dialogue

The Code is based on: • Policies and practices of TENEX and ROSATOM • Requirements of TENEX foreign customers • International standards and initiatives SOIAL IMPAT • Best practices of the major global companies

In terms of sustainable development, TENEX focuses on the globally Human Rights Employees recognized documents; such as, first of all, the UN Universal Declaration of Human Rights, and Conventions of the International Labor Organization. Being committed to the fundamental principles of the Occupational Safety Local Communities United Nations Global Compact, in 2012, the Company joined the Social Charter of Russian Business developed on the basis of those principles by the Russian Union of Industrialists and Entrepreneurs. ENVIONMENTAL IMPAT TENEX is currently building a system for monitoring compliance with the Supplier Code by all enterprises in the supply chain and introducing regular sustainability audits. Hazardous Materials Management Environmental Management and Radiation Safety

Environmental Impact Rational Use of Natural Resources MANAGEMENManagement systems MEMBERSHIPMembership in International Association IN The four management systems introduced in TENEX are certified for compliance to international standards’ requirements:

• Quality management system (ISO 9001:2015) SYSTEMS • Ecological management system (ISO 14001:2015) INTERNATIONAL • Security management system for the supply chain (ISO 28000:2007) • Occupational health and safety management system (OHSAS 18001: 2007)

ASSOCIATIONWNA NEI WNFM membership since 1991 membership since 2008 membership since 2001

KAIF WNTI JAIF associate membership associate membership associate member since 2004 renewed since 2012 since 1998

As a responsible supplier, TENEX works only with contractors that are fully compliant with the requirements of the corresponding international standards and norms in the above-mentioned areas. Contacts

CONTACTSTENEX, Joint-stock company TENEX-USA, Incorporated 28/3, Ozerkovskaya emb., 1440 G Street, NW Suite 9188, Moscow, 115184, Russia Washington, DC 20005, USA Tel.: +7 (495) 543-33-87 Tel.: +1 202 440 2981 E-mail: [email protected] www.tenex.ru E-mail: [email protected] www.tenam-usa.com

TENEX-Korea Co., Ltd. TENEX-JAPAN Co.

8th Floor, Gangnam 358 Tower, Gangnam-daero, Shoyu Kaikan B1F, 3-3-1, Kasumigaseki, Chiyoda-ku, Gangnam-gu, Seoul, 06241, Republic of Korea Tokyo 100-0013, Japan Tel.: +82 (2) 3466 1470; Fax: +82 (2) 3466 1473 Tel.: +81 (0) 3 6811 1099 E-mail: [email protected] E-mail: [email protected] www.tenex-japan.jp

TRADEWILL LIMITED INTERNEXCO GmbH 3 Shortlands, London, Baarerstrasse 135, W6 8DA, UK 6300 Zug, Switzerland Company reg.No.6925741 Tel.: +41(0) 79 659 22 17 Tel.: +44 (0) 203 609 8797 E-mail: [email protected] E-mail: [email protected]

Uranium One Group JSC Joint Stock Company “Saint-Petersburg “IZOTOP”

24, B. Ordynka str., 107, St. Nevsky Prospekt, letter b, room. 2n, Moscow,119017, Russia Saint Petersburg, 191036, Russia Tel.: +7 (495) 544-55-54 Tel.: +7 (812) 960 08 60 E-mail: [email protected] www.uranium1.com E-mail: [email protected] www.izotop.ru

NFC Logistics, Joint-Stock Company

25/1, Bolshaya Polyanka str., Moscow, 119180, Russia Tel.: +7 (495) 780-74-83 E-mail: [email protected] www.nfcl.ru