Nuscale Power Corporation · NYSE:SMR

Nuscale Power — Q1 2026 Earnings Presentation

12 slides from Nuscale Power's earnings presentation, May 7, 2026

  1. Slide 1: NuScale Power First Quarter 2026 Earnings Presentation

    NuScale Power First Quarter 2026 Earnings Presentation May 2026 NuScale Nonproprietary | Copyright © 2026 NuScale Power, LLC. | Page 1

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This Presentation contains forward-looking statements (including without limitation statements containing words such as "will," "believes," "expects," “anticipates,” "plans" or other similar expressions). These forward-looking statements include statements relating to our

  3. Slide 3: NuScale is Years Ahead of the Competition

    NuScale is Years Ahead of the Competition Small Modular Reactor Competitors1 Selected Other Light Water Reactors Non-Light Water Reactors2 Differentiators ✓ Standard Design Approval in 2020 ✓ Design Certification in 2023 None (applications not yet None (applications not yet Regulatory Leadership: U.

  4. Slide 4: U.S. NRC-Approved Safety Case

    U.S. NRC-Approved Safety Case Plant Structural Safety NuScale Difference: Site Boundary EPZ Benefits Barriers Site Flexibility & Safety Water in Biological shield covers Reactor ENTRA1 Energy PlantTM with NuScale Technology: Cooling water circulates through the reactor pool each reactor building Vir

  5. Slide 5: NuScale First Quarter Highlights

    NuScale First Quarter Highlights NuScale’s exclusive global strategic partner, ENTRA1 Energy (“ENTRA1”), continues its work with Tennessee Valley Authority (“TVA”) to progress planning for what would be the largest nuclear power deployment program in U.S. history which will utilize NuScale technolog

  6. Slide 6: TVA and ENTRA1 Energy SMR Deployment Program Update

    TVA and ENTRA1 Energy SMR Deployment Program Update • TVA and ENTRA1 Energy announced plans to develop 6 GWe of new nuclear capacity using NuScale Power Modules™ • Program is poised to catalyze deployment of NuScale’s SMR technology • ENTRA1 has indicated that they are continuing to progress toward

  7. Slide 7: RoPower Project Update

    RoPower Project Update RoPower selected NuScale as the technology for their SMR modular reactor project to deploy a power plant with 6 NuScale Power Modules™ at a former coal plant site in Doicești, Romania • All services associated with the Phase 2 Front-End Engineering and Design (“FEED”) work led

  8. Slide 8: Established Supply Chain Ecosystem

    Established Supply Chain Ecosystem EPRI Doosan Doosan Framatome NuScale Power ModulesTM Fuel Assemblies Control Systems Module Protection System Sensors and Instrumentation Reactor Building Crane All images provided by supply chain vendors and used with permission. NuScale Nonproprietary | Copyright

  9. Slide 9: Office of Technology Engagement

    Office of Technology Engagement • NuScale participated in 5 major industrial international conferences, engaging with the Oil & Gas, Petrochemical, Chemical, Energy, Research and Hyperscaler communities. • World Petrochemical Conference (WPC): From Concept to Commercial Reality, development of a pro

  10. Slide 10: Key Financial Updates

    Key Financial Updates Liquidity & Capital Resources ($M) Revenue ($M) Cash & Cash Equivalents Short-Term Investments Long-Term Investments $1,287.2 $33.0 $8.1 $8.2 $1,008.8 $417.8 $118.6 $753.8 $62.0 $549.0 $489.9 $284.2 $69.2 $836.4 $123.0 $1.8 $407.6 $297.7 $341.1 $0.6 6/30/2025 9/30/2025 12/31/20

  11. Slide 11: Capitalization Summary

    Capitalization Summary Share Type Description Mar 31, 2026 Dec 31, 2025 Class A Shares NuScale Power Corporation Class A shares 323.7M 318.5M NuScale Power Corporation Class A shares issuable upon the exchange of one Class B share and one NuScale Power, LLC Class B Shares Class B unit 19.4M 19.4M To

  12. Slide 12: NuScale Power First Quarter 2026 Q&A Session

    NuScale Power First Quarter 2026 Q&A Session May 2026 NuScale Nonproprietary | Copyright © 2026 NuScale Power, LLC. | Page 12

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