Slide 1: Company Update
Company Update June 3, 2022 NuScale Nonproprietary Copyright © 2022 NuScale Power, LLC.
Slide 2: Important Notice
Important Notice 2 • This presentation (“Presentation”) and any oral statements made in connection with the Presentation do not constitute an offer to sell or solicitation to buy any securities in any jurisdiction, nor shall there be any sale of securities in any jurisdiction in which it is unlawful
Slide 3: NuScale has developed a transformational small modular reactor
3 NuScale has developed a transformational small modular reactor ("SMR") capable of delivering scalable, safer and reliable carbon-free nuclear power essential to meeting global decarbonization targets NuScale Nonproprietary Copyright © 2022 NuScale Power, LLC.
Slide 4: NuScale Power Today
4 NuScale Power Today Key Highlights NuScale has first mover advantages First-of-its-kind Public Company • Entering a renaissance period for nuclear • Raised $341M in successful combination with • Targeting a major, global market that is largely Spring Valley Acquisition Corp. and related PIPE untap
Slide 5: NuScale's Five Key Milestones for 2022
NuScale’s Five Key Milestones for 2022 5 01 Secure next committed customer (like UAMPS) Issue Long-Lead material specs for Reactor Pressure 02 Vessel 03 Complete the reactor building design Submit the Standard Design Approval application to 04 the U.S. NRC for VOYGR-6 six module power plant 05 Compl
Slide 6: Advancing Customer Opportunities around Globe
6 Advancing Customer Opportunities around Globe S.N. Nuclearelectrica KGHM Dairyland Power S.A Signed agreement to work Cooperative Signed MOU to work towards towards deploying a Jointly evaluating the deploying a NuScale VOYGR-6™ NuScale VOYGR™ power potential deployment of a power plant in Doiceşt
Slide 7: New and Progressing Partnerships
7 New and Progressing Partnerships Nucor Steel Japan Bank for International Increasing Engagement with Cooperation (JBIC) Strategic Partners in Korea • PIPE investor in NuScale • Expands NuScale’s presence in Japan • Signed MOU with investor Doosan Enerbility • Possible expansion into the industrial
Slide 8: Key Technology Development Highlights
8 Key Technology Development Highlights Doosan completed dimensional inspection, nondestructive examination, and eddy current testing for the steam generator helical coil tube; NuScale also delivered the steam generator flow-induced vibration test vessel Initiated FXM-19 forging trials with both dom
Slide 9: Key Financial Highlights
9 Key Financial Highlights 01 Total available capital of $383.7M 02 Raised $341M thru successful combo w/ Spring Valley 03 PIPE upsized by $54M reflecting strong investor demand 04 Proceeds exceed $200M cash need forecasted thru 2024 05 Reaffirming financial outlook NuScale Nonproprietary Copyright
Slide 10: ir@nuscalepower.com
ir@nuscalepower.com NuScale Nonproprietary Copyright © 2022 NuScale Power, LLC.