Stakeholder engagement

URENCO’s stakeholders are classed as those who we impact the most as a business and those who have a significant influence on URENCO. To identify these groups, URENCO underwent a risk analysis process which, along with consultation with key senior management and external advisors, highlighted the key sectors that play an important role in how URENCO conducts its business.

URENCO understands that in order to effectively communicate with its stakeholders, it is essential to open up a two-way dialogue in order to get valuable feedback. The following table outlines the ways in which URENCO aims to communicate with key stakeholders and ensure there is a mechanism for collecting and reacting to feedback.

The following table will be updated in June 2011 (alongside the Group's annual Sustainability report).

Stakeholder
Group  
Mechanism Example Plans for 2010
Customers • Regular (every 3 years)
• Ipsos MORI surveys
to assess customer
satisfaction  
• Results incorporated into ongoing commercial strategy •Maintain URENCO's position as 'Supplier of choice' with future business based on long-term contracts
Investors • Investor website
• Investor events
• Full Year results webcast
• Our investors appreciate the opportunity for regular direct access to the CEO/CFO • European and US roadshows
• Investor newsletter and email alerts
Children / Students • URENCO Youth Fund • School science workshops
• ‘Science day’ hosted across European sites
• ‘Richie Enrichment’ science and nuclear ambassador launched
• Richie educational DVD released
• School science workshops expanded
to Germany
• Launch of dedicated ‘Richie’ website
Local Community • Local stakeholder surveys
• Local liaison dialogue
• Provides an opportunity to share latest news with key local community members • Increased stakeholder dialogues
Employees Two-way dialogue • Employee survey and communications survey carried out
• Group Intranet launched
• Introduction of ‘Infopoint’ newsletters across the sites
• European Works Council to enable employees to communicate with the Board
• Introduction of URENCO TV and
‘talking heads’ facility
Governments / EU • One-to-one meetings • URENCO met with European MEPs to discuss nuclear initiatives
• Key officials visited sites to gain more information about the Group
• Structured communication with Governments/EU through URENCO's Joint Committee
• UK, EU and US consultations
Shareholders Regular contact • Shareholder working groups
• Shareholder hold sub-committees that feedback proposals to the executive team
• Continued regular meetings
URENCO TV features videos and interviews about URENCO and the wider nuclear industry.
Full Year 2011 Audited Financial Results
Solid results, successful capacity expansion and strong order book

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Contact URENCO

URENCO LTD and UEC Head Office
URENCO Limited
18 Oxford Road
Marlow
Buckinghamshire
SL7 2NL
UK

Tel: +44 (0)1628 486941
Fax: +44 (0)1628 475867

E-mail: enquiries@urenco.com
Investor Relations: investors@urenco.com

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