›The Advanced Fuel CANDU Reactor & its contribution to a sustainable fuel cycle

›Justin Hannah, Director, Marketing & External Relations CNS Annual Conference, June 20, 2016

Global expertise delivered locally

2

Power sector expertise

3

Nuclear capabilities

4

World-class safety

5

› We put people first

› Our goal: ‘zero injuries and incidents’

across our offices and worksites

Ethics & compliance

› Strong ethics & compliance culture

› Compliance training and annual

certification for all employees

› Antitrust and competition policy

The AFCR™

& its contribution to a

sustainable fuel cycle

China – Canada partnerships

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› Long history of co-operation since the 1990s

› Qinshan CANDU project a great success

› Successful demonstration of Natural

Uranium Equivalent (NUE) fuel

› Collaboration on new build projects:

Argentina & Romania

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CANDU fuel cycle

AFCR advantages

- Copyright - © [2016] SNC-Lavalin Inc. and its member companies. All rights reserved. Unauthorized use or reproduction is prohibited. 9

› No fundamental design changes needed

› No re-enrichment needed for NUE or RU fuel

› Neutron economy for Th fuel

› Synergies with LWR fleets

2014: Major AFCR milestones

- Copyright - © [2016] SNC-Lavalin Inc. and its member companies. All rights reserved. Unauthorized use or reproduction is prohibited. 10

- Copyright - © [2016] SNC-Lavalin Inc. and its member companies. All rights reserved. Unauthorized use or reproduction is prohibited. 11

AFCR benefits

› Increase utilization of uranium reserves by 20%

› Increase low carbon electricity production by 2 billion

MWh per year

› Displace 26 million tonnes of CO2 per year

› Reduce overall spent fuel burden

- Copyright - © [2016] SNC-Lavalin Inc. and its member companies. All rights reserved. Unauthorized use or reproduction is prohibited. 12

Vision for the future

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› CANDU technology key to “greening” China’s

nuclear energy production

› China – Canada co-operation mutually beneficial

› Our partnerships can power the world

snclavalin.com

Building what matters