NuScale Power Investor Presentation

Investment Thesis Strong Momentum in Nuclear and Massive Opportunity for NuScale First-to-Market Advantage Growing global nuclear support Policies and global dynamics driving interest Nuclear is the only viable clean baseload power available to address the massive global need for 16K+ GW of carbon-free generation Years ahead of the competition Only advanced nuclear technology with U.S Nuclear Regulatory design certification; >$1.8B invested to date No competitor has submitted for NRC approval; Submission to approval process takes at least 3 years Strategic Partnerships with Supply Chain Partners Experienced in Nuclear Asset-Light with Recurring Revenues Established ecosystem of strategic partnerships who are experienced in nuclear, with continued government support Capital light model focused on technology sales and recurring services • Competitive moat supported by robust IP portfolio, mature designs and committed manufacturing partners Established and Licensed Fuel Supply NuScale SMR Technology operates with proven, approved, conventional fuel Robust Business Development Pipeline 120+ prospective customers. identified around the world NuScale is the Only Near-Term Deployable SMR Technology in the U.S. NuScale Nonproprietary | Copyright © 2023 NuScale Power, LLC. NUSCALE Power for all humankind

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