NuScale Power Investor Presentation

NuScale is Years Ahead of the SMR Competition Selected Differentiators NUSCALE™ Power for all humankind Advantages Over Other LWRs and Non-LWRs1 Non-LWRs2 Other LWRs Underlying Technology Track Record ✓ Light water reactor (LWR) (60+ years history) Same as NuScale Relatively limited Fuel Supply Infrastructure ✓ Exists (50+ years history) Manufacturing Infrastructure ✓ Multiple suppliers for all components U.S. NRC Licensing Standard Design Approval in 2020 Design Certification in 2023 None Second Standard Design Approval Application (applications not yet (SDAA) Accepted in 2023 submitted) Does not exist today Largely in place, but risks exist None (applications not yet submitted) Same as NuScale Same as NuScale Coping Period ✓ Unlimited Varies (between 7-days and unlimited) Goal of unlimited Unmatched Capabilities Innovations including "black-start," "island mode," off-grid operation, and site boundary EPZ TBD TBD Strategic Design Decisions as Important as Regulatory First-Mover Advantage 1 Does not include micro-reactors 2 For example; high temperature gas cooled, molten salt, and fast-reactor technologies NuScale Nonproprietary | Copyright © 2023 NuScale Power, LLC. 9 NUSCALE Power for all humankind

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