CORPORATE PRESENTATIONOctober, 2019

TOPICS● Nuclear industry challenges

● How we can help

● Our customers

● Studsvik executive management group

● Our facilities and offerings

● Where to find us

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NUCLEAR INDUSTRY CHALLENGES

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THE NUCLEAR INDUSTRY FACES MANY CHALLENGES DAILY

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NUCLEAR PROMISE

IMPROVING THE ENVIRONMENT

COMPETITION WITH RENEWABLES

STAFF REDUCTIONS

LOSS OF EXPERTISE

NATURAL GAS PRICES

DECOMMISSIONING/AGING PLANTS

THE NUCLEAR INDUSTRY FACES MANY CHALLENGES DAILY

REGULATIONS

Nuclear is still viewed as part of a balanced energy portfolio

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HOW STUDSVIK CAN HELP

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Expert Staff

Integrated Software

Research Facilities

Customized Training

Waste Reduction

Hot Cells

WELCOME TO STUDSVIK

Test Loops

Efficient, smart solutions to complex problems

STUDSVIK SMART SOLUTIONS

● Single source provider for managing the entire lifecycle of nuclear fuel

● Develop expertise in-house to retain and develop employees

● Integrated solutions across multiple areas

● Provides continuity and consistent support across your business

● Independence from fuel vendors

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STUDSVIK EXPERTISE

Unrivaled in designing, licensing and operating nuclear facilities for over 70 years

● R2 Test Reactor

● Hot Cell Laboratory

● Radwaste Metal Treatment Facilities

● Radwaste Thermal Treatment Facilities

● Holder of Nuclear License – Studsvik Technology Park

Corporate Presentation October 2019 91960’s. Startup of the R2 reactor and the reactor of R2

1950’s. The R1 reactor control room and first loading

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STUDSVIK PROVIDES SMART TECHNOLOGYENABLING NUCLEAR UTILITIES, ADVANCED

REACTORS, AND RESEARCH FACILITIES TO DELIVER CLEAN ENERGY AND ENSURE SAFE DISPOSAL …

EFFICIENTLY

NUCLEAR UTILITY/RESEARCH AGENCY FEEDBACK

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EDF Energy

The work fulfilled safety requirements to ensure EDF Energy’s continued

operation of the AGR fleet

OECD/NEA SCIP-project First Energy

MARLA allowed us to quickly re-design our

BWR shuffle to comply with changing

regulations without paying for emergency

support from our vendor

Read more in https://www.studsvik.com/our-solutions/customers-words/

The SCIP program, started in 2004, will

continue to expand its cutting-edge research on

fuel and cladding behaviour

CUSTOMER FEEDBACK FROM SMALL MODULAR REACTOR VENDOR: NUSCALE

NuScale:

”…we finished the benchmark and getting through the verification was a breeze. We set an aggressive target for getting the RAI response turned around and we beat it by a week! Thank you for the role you played in helping us be successful…”

STUDSVIK SMART DECOMMISSIONING - CASE STUDY

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The challenge● Decommissioning of turbines at Obrigheim NPP● Large and heavy components, surface contamination

The Studsvik solution ● Dismantling plans /project management / final

documentation● Fireproof concept development● Effective dismantling of machines and equipment● Packaging and disposal

The outcome● Development of efficient decommissioning procedures● Site adoption of Studsvik control measures to quickly

remove active items ● Rapid and safe decommissioning achieved

SOPHISTICATED GLOVE BOX DECOMMISSIONING - CASE STUDY

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The challenge● Dismantling of 44 glove boxes at Belgonucléaire

MOX fuel production plant in Dessel (Belgium)● Highly plutonium contaminated facility under

strict safety rules

The Studsvik solution ● Dismantling plans /project management / final

documentation / enclosure tent design in close cooperation with PEDI / radiation protection

● Segmentation, cutting as well as primary and secondary waste separation

● Packaging and disposal

The outcome● Efficient and safe performance, overall 60 tons

dismantled mass

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STUDSVIK IS THE FIRST CHOICE IN FUEL AND MATERIALS TESTING

STUDSVIK’S FUEL MECHANICAL TESTING FACILITY – CASE STUDYThe challenge● A key supplier of critical mechanical testing decommissioned

their testing facility● EDF Energy needed to find a new supplier for these services

(including PIE of fuel) to enable continued safe operation of AGR reactors

The Studsvik solution● Studsvik developed the required methodologies and

equipment for the testing● Studsvik determined the best routes for marine

transportation of both fissile and non-fissile materials

The outcome● Nine marine transports completed from 2008 - 2019● 800+ tiebar samples tested● 100+ AGR fuel pins examined in Studsvik’s hot cell facility● Safety case for AGR reactors continuously updated

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CUSTOMER FEEDBACK FROM WESTINGHOUSE

”…with the most complete irradiated rod inventory forWestinghouse’s advanced zirconium alloys, Studsvik is the “go to” resource for zirconium researchers to tackle special topics, from US NRC’s fuel fragmentation study, to EPRI’s F-SECT evaluations and many, many others.

Studsvik’s hot-cell evaluation was valuable to the zirconium in the nuclear industry in identifying and understanding the mechanisms and behaviors of zirconium-based materials…”

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Customer Feedback:

”…at several times Studsvik has developed a

highly flexible approach by adjusting some examinations during their realization in order to derive the most benefit from them and sometimes beyond what was initially planned.

Independent of these particular examples, Framatome in the past often considered Studsvik’ expertise to examine its products, and to acquire behavioral data with the highest quality standards.…”

CUSTOMER FEEDBACK FROM FRAMATOME

STUDSVIK’S TEAM, OFFERINGS, AND FACILITIES

THE EXECUTIVE MANAGEMENT GROUP

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CAMILLA HOFLUNDCEO Studsvik Groupand acting ManagingDirector Germany

”Everything is possible - it is a matter of time, resources and

attitude”

MIKAELKARLSSONBusiness Area PresidentWaste Management Technology

”We provide our customers with

premium products to make them

even more competitive”

JOAKIM LUNDSTRÖMBusiness Area President Fuel- and Materials Technology

”Together wecreate unique,

state of the art, R&D operations”

STEVENFREELBusiness Area President Scandpower

”Studsvik’s software makes power plants

more efficient ”

ARTDIGIOVINESenior vice President Business Development Studsvik Group

“Let our experience help mitigateyour risks and

reduce your costs.”

CLAES ENGVALLCFO Studsvik Group

” You just need onecontact within

Studsvik for anyof your challenges. ”

DECOMMISSIONING

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Nuclear Site Characterisation/Clearance

Inventory CalculationDecommissioning and Waste Documentation Information Management

Dismantling & On-site Decommissioning Support

Decontamination and Health Physics

DECOMMISSIONING SERVICES IN GERMANY AND SWITZERLAND

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• We provide skilled and experienced personnel of all qualification levels to most NPP in Germany, Belgium, Netherlands and Switzerland for outages, in operation and during decommissioning

• Research facilities (e.g. KTE, Helmholtz centers), waste treatment facilities and interim storages (e.g. BGZ, BGE, Zwilag) are also among our clients

Radiation Protection EngineeringDecontamination

RADIOACTIVE WASTE MANAGEMENT

Decontamination & Conditioning

Radioactive Waste Removal

Legacy Waste Characterisation

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Waste Disposability, WAC

Consortium Member LLWR Parent Body Organisation

Safety Analysis, Licensing and Planning

RADIOACTIVE WASTE TREATMENT TECHNOLOGY

In Drum Pyrolysis

Fluidised Bed Steam Reforming

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Freeze Tec

Metal Treatment Technology

FUEL AND MATERIALS QUALIFICATIONS

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Picture that customer can relate to – no lab coat

Water Chemistry Simulation

Final Disposal Simulation and Back-end Solutions

Materials Qualification incl. Lifetime Extension

Transport of Irradiated Materials

Hot Cell Technologies and Expertise

Nuclear Fuel Qualification

NUCLEAR ANALYSIS SOFTWARE OFFERINGS

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Fuel Design, Core Design, & Reload Analysis

Used Fuel Analysis & Management

New and Advanced Reactor Design & Licensing

Picture that customer can relate to – no lab coat

Picture that customer can relate to

Operator Training Simulation

Consulting and Knowledge Transfer

FACILITIES TO SERVE YOUR NEEDS

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Hot Cell Laboratory Mechanical Testing Laboratory Autoclave Laboratory

Picture that customer can relate to – no lab coat

Pool Facility Software Training Center

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We turn complicated conditions into

pragmatic solutions

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600 team members at your service

You only need one address

www.studsvik.com