Aug 28

Charah Solutions Awarded Event-Free Safety Award from
Duke Energy in Florida

Left to Right: Ken Thompson, Duke Energy; David Mann, Charah Solutions; Jeff Swartz, Duke Energy; Rob Reynolds, Charah Solutions; Tony Flavors, Duke Energy

LOUISVILLE, KY (August 28, 2019) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that it recently received a prestigious award from Duke Energy for its outstanding record of employee safety at the Crystal River Energy Complex in Citrus Country, Florida. The Event-Free Award was presented during the Duke Contractor Safety Summit on August 14, 2019 at the College of Central Florida in Lecanto, Florida. The award recognized Charah Solutions’ achievement of 38,375 man-hours worked event-free, without a lost time incident, in 2018.

Duke Energy’s Event-Free Awards are awarded annually to Florida contractors free of any safety, health or environmental violations who have achieved 20,000 man-hours worked without experiencing a lost-time injury or illness. Charah Solutions was one of only six contractors in the state of Florida to receive this award for 2018 and this was the Company’s third consecutive year to receive this safety recognition.

At the Crystal River Energy Complex, Charah Solutions has 22 employees working hand in hand with plant operators seven days a week, twenty-four hours a day to manage limestone, urea and landfill operations among other projects.

“We are honored to receive this award from Duke Energy for the third year in a row in recognition of our commitment to safety,” said Scott Sewell, Charah Solutions President and Chief Executive Officer. “Safety is our foremost priority and we are always exploring new ways to promote safe working conditions at all of our worksites. Congratulations to Site Manager David Mann and his team on receiving this important recognition.”

About Charah Solutions, Inc.
With 30 years of experience, Charah® Solutions, Inc. is a leading provider of environmental and maintenance services to the power generation industry, with operations in fossil fuel and nuclear power generation sites across the country. Based in Louisville, Kentucky, Charah Solutions assists utilities with all aspects of managing and recycling ash byproducts generated from the combustion of coal in the production of electricity as well as routine power plant maintenance and outage services for the fossil fuel and nuclear power generation industry. The Company also designs and implements solutions for ash pond management and closure, landfill construction, fly ash and slag sales, and structural fill projects. Charah Solutions is the partner of choice for solving customers’ most complex environmental challenges, and as an industry leader in quality, safety, and compliance, the Company is committed to reducing greenhouse gas emissions for a cleaner energy future. For more information, please visit www.charah.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Investor Contact
Tony Semak
(502) 245-1353
ir@charah.com

Media Contact
Katrina Gallagher
(502) 472-6003
media@charah.com