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May 29

Charah Solutions Passes One Year Safety Milestone With
1.19 Million Man Hours Of Work Without Recordable Incident

LOUISVILLE, KY (May 29, 2020) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that April 11, 2020 marked one year since the Company’s last Occupational Safety and Health Administration (OSHA) recordable incident for the Charah, LLC fossil team. Since that time, 1,194,794 man hours of work have been completed without a recordable or lost time injury. This significant achievement is a result of the commitment of all Charah Solutions personnel to put safety first in their work activities.

“At Charah Solutions, commitment to safety is a core value and integral to our culture,” said Scott Sewell, Charah Solutions President and CEO. “During our daily operations and now especially during this unprecedented time of the coronavirus crisis, the health and well-being of our employees and customers is of utmost importance to us as our entire team works to ensure that we maintain a healthy and safe work environment for all. Congratulations to the Safety Department and to all of our fossil team site managers and employees for their unwavering commitment to safety every minute of every day.”

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.

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Investor Contact
Roger Shannon
(502) 245-1353
ir@charah.com

Media Contact
Keaton Price
(502) 593-4692
media@charah.com