Charah Solutions, Inc. Appoints Former FCC Commissioner Mignon Clyburn to Board of Directors

LOUISVILLE, Ky.–(BUSINESS WIRE)–Charah® Solutions, Inc. (NYSE: CHRA) (“Charah” or the
“Company”), a leading provider of environmental and maintenance services
to the power generation industry, today announced the appointment of
Mignon Clyburn, former Commissioner of the Federal Communications
Commission (FCC), to the Company’s Board of Directors, effectively
immediately. Ms. Clyburn will serve as a Class I director.

Ms. Clyburn served as a Commissioner of the FCC from 2009 to 2018,
including as acting chair during the last five years of her tenure.
While at the FCC, she was committed to closing the digital divide and
championed the modernization of the agency’s Lifeline Program, which
assists low-income consumers with voice and broadband service. In
addition, she promoted diversity in media ownership, initiated Inmate
Calling Services reforms, supported inclusion in STEM opportunities, and
fought for an open internet. Previously, Ms. Clyburn served 11 years on
the Public Service Commission of South Carolina and worked for nearly 15
years as publisher of the Coastal Times, a Charleston weekly newspaper
focused on the African American community. She holds a bachelor of
science degree in banking, finance and economics from the University of
South Carolina.

“Ms. Clyburn has more than two decades of experience operating highly
efficient federal and state government agencies, including, while at the
FCC, a track record of driving solutions to important industry-wide
issues, and we are pleased to welcome her to the Board as a new
independent director,” said Stephen Tritch, Chairman of the Board of
Directors. “We are confident that Mignon’s public sector experience as
well as her background as a successful business executive will add
tremendous value as Charah Solutions continues to deliver innovative
solutions to customers while accelerating business and financial
performance.”

Ms. Clyburn said, “I have spent my career ensuring that systems vital to
our daily lives continue operating and evolving to serve the
ever-changing needs of their communities, and I share management’s
belief that the mission-critical services of Charah Solutions are
incredibly important to helping utilities provide necessary electric
power to communities nationwide. I look forward to joining my new
director colleagues and working with the Charah Solutions management
team to capitalize on the growing need for environmental remediation and
drive long-term growth and shareholder value.”

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 coal-fired 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 coal and nuclear energy providers. 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.

Contacts

Investor and Media Contact
Joele Frank, Wilkinson Brimmer
Katcher
Ed Trissel/Kate Clark/Tim Ragones
212-355-4449

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