Nuscale Power Corporation · NYSE:SMR

Nuscale Power — Q3 2025 Earnings Presentation

11 slides from Nuscale Power's earnings presentation, Nov 6, 2025

  1. Slide 1: NuScale Power Third Quarter 2025 Earnings Presentation

    NuScale Power Third Quarter 2025 Earnings Presentation November 2025 NuScale Nonproprietary | Copyright © 2025 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 terms such as "will," "believes," "expects," “anticipates,” "plans" or other similar expressions). These forward-looking statements include statements relating to stra

  3. Slide 3: NuScale Third Quarter Highlights

    NuScale Third Quarter Highlights The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) announced an agreement to develop plants with up to 6 GWe of new nuclear power generation capacity powered by NuScale’s small modular reactor (SMR) technology NuScale’s work on Fluor’s Phase 2 Front-End

  4. Slide 4: TVA and ENTRA1 Announcement

    TVA and ENTRA1 Announcement On September 2, 2025, TVA, a leading American electric utility, and ENTRA1, exclusive global strategic partner to NuScale, announced the signing of an agreement for the deployment of up to 6 GWe of new nuclear generation capacity powered by NuScale’s SMR technology  The

  5. Slide 5: Partnership Milestones Agreement with ENTRA1 Energy

    Partnership Milestones Agreement with ENTRA1 Energy On August 27, 2025, NuScale entered into a Partnership Milestones Agreement with ENTRA1, pursuant to which NuScale has agreed to distribute to ENTRA1 a contribution amount payable for each NuScale Power Module™ anticipated to be placed in a project

  6. Slide 6: Key Benefits of the Partnership Milestones Agreement

    Key Benefits of the Partnership Milestones Agreement Motivates Supply Chain Partners to Catalyzes Commercialization Invest Facilitates Multiple Projects Accelerates Deployment of NuScale’s Technology This structure is designed to be repeatable and scalable, positioning NuScale and ENTRA1 to serve a

  7. Slide 7: Combined Operating License Application (COLA) Management

    Combined Operating License Application (COLA) Management NuScale’s COLA management services include: Managing infrastructure for Supporting customer engagement with the NRC the development of We believe our technical and licensing licensing deliverables expertise make NuScale uniquely qualified to l

  8. Slide 8: RoPower Project Update

    RoPower Project Update • NuScale continues to advance its work for RoPower’s project to deploy a power plant with 6 NuScale Power Modules™ at a decommissioned coal plant site in Doicești, Romania. • Former coal-fired power plant now entirely removed, and supporting infrastructure, such as roads, swi

  9. Slide 9: Key Financial Updates

    Key Financial Updates Liquidity & Capital Resources ($M) Revenue ($M) Cash & Cash Equivalents Short-Term Investments Long-Term Investments $753.8 $62.0 $34.2 $521.4 $284.2 $489.9 $30.0 $441.6 $69.2 $40.0 $123.0 $491.4 $13.4 $401.6 $407.6 $297.7 $8.1 $8.2 12/31/2024 3/31/2025 6/30/2025 9/30/2025 Q4 2

  10. Slide 10: Capitalization Summary

    Capitalization Summary Share Type Description Sep 30, 2025 Jun 30, 2025 Class A Shares NuScale Power Corporation Class A shares 167.6M 133.8M 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 130.8M 151.0M

  11. Slide 11: NuScale Power Third Quarter 2025 Q&A Session

    NuScale Power Third Quarter 2025 Q&A Session November 2025 NuScale Nonproprietary | Copyright © 2025 NuScale Power, LLC. | Page 11

NuScale Power — Q3 2025 Earnings Presentation on 6ix