NuScale Power Investor Presentation

NuScale Steam Production Can Satisfy Key Industrial Applications Heat application processes 0°C 300°C Synthetic Fuels Ammonia Direct steelmaking manufacture Thermochemical H, Production Polymers Methane reforming 500°C 650°C 900°C Petroleum refining District heating Seawater desalination Petrochemical Shale and tar sands oil production Pulp and paper production Normal module output Module + compression Under evaluation *Graphic adapted from "International Atomic Energy Agency, Opportunities for Cogeneration with Nuclear Energy, 2017, with additional data and input from industry Accelerating power and heat generation Generate 250 MWt of thermal power via superheated steam (12-module generates 3 GWt) Yield ~500K lbs. of steam/hour at 1500 psia/500°C (2400 psia/650°C being evaluated) Deploying solutions to new opportunities • Study with Shell Global to assess hydrogen production using NuScale integrated system ⚫ DOE announced award with Oakridge National Lab to perform study for major U.S. petrochemical with goal to produce scalable process heat Expanding value from design advantages • Site boundary EPZ minimizes heat-loss from transport process NuScale Power Module not impacted by corrosion from extremely high-temperatures High Temperature, High Pressure, Carbon-Free Steam for Industrial Decarbonization NuScale Nonproprietary | Copyright © 2023 NuScale Power, LLC. 17 NUSCALE Power for all humankind

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