Urenco Annual Report 2022

20 Urenco Annual report and accounts 2022 Our strategy: priority focus areas Strategic report 01 Capacity programme It is important that we maintain our capacity at every one of our sites and review their expansion to helpmeet the world’s increased demand for enrichment services. To do this, we are investing in our centrifuges and associated technology through a refurbishment and replacement programme. This also enables us to respond tomarket developments and opportunities. As a result of the capacity programme, 2022 has seen a refresh of our strategy. We have overseen an increased amount of centrifuge refurbishment campaigns which continue to be accelerated throughout 2023. All our enrichment plants are maintained to a high level of reliability and asset integrity, demonstrated by their online performance and the achievement of production, delivery and sustainability goals. Ensure access to affordable, reliable, sustainable and modern energy for all. Make cities and human settlements inclusive, safe, resilient and sustainable. Refurbishment and build-out of existing capacity Old plant’s lifetime extensions ‘Superplant’ extensions ‘Greenfield-type’ new builds P r e p a r a t i o n w o r k s P r e p a r a t i o n w o r k s U n d e r w a y 2027 2026 2028 2029 2030 2031 2025 2024 2023 W o r k s t a r t s W o r k s t a r t s W o r k s t a r t s Capacity options near and long-term UN Sustainable Development Goals