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Central Storage Safety Project Trust
3500 Lenox Road NE
Atlanta, GA  30326  United States

Business Summary
Central Storage Safety Project Trust (the "Issuer"), a statutory trust formed under the Delaware Statutory Trust Act, is issuing approximately U.S. $250,000,000 of senior secured Notes (the "Notes"). The Issuer will use the proceeds of the Notes for the purpose of funding a senior term loan facility of up to $250,000,000 (the "Loan") to State Enterprise National Nuclear Energy Generating Company ("Energoatom" or the "Borrower"), pursuant to a credit agreement between the Issuer and the Borrower (the "Credit Agreement"), and to fund related reserves. Energoatom will use the proceeds of the Loan to finance a portion of the costs of constructing the first stage of a long-term central spent nuclear fuel storage facility on dedicated land in the Chornobyl exclusionary zone, which will be completed, in part, pursuant to a supply contract with Holtec International. Under the Credit Agreement, the Borrower has an unconditional obligation to pay debt service. The Government of Ukraine has issued an irrevocable and unconditional guarantee of the Borrower's payment obligations under the Credit Agreement.

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Thursday, April 18, 2024