SMR

NuScale Power Appoints Diana J. Walters to Board

NuScale Power Corporation (NYSE: SMR) has announced the appointment of Diana J. Walters to its Board of Directors, effective December 20, 2024. With this appointment, the Board now comprises 10 directors, six of whom are independent. Walters brings over 35 years of leadership experience in the natural resources sector, having held prominent roles such as President of Liberty Metals and Mining LLC, CFO of Tatham Offshore, Inc., and various positions in investment banking, capital markets, and advisory sectors. She currently serves on the boards of Atmos Energy, Trilogy Metals Inc., and Platinum Group Metals Limited, where she is Chair, in addition to being a Senior Advisor at Independence Point Advisors.

NuScale's President and Chief Executive Officer, John Hopkins, expressed excitement at welcoming Diana Walters to the Board, citing her financial acumen and natural resources experience as valuable assets to support the continued strong stewardship of NuScale. Walters received her Bachelor of Arts degree in Plan II Honors and a Master of Arts degree in Energy and Mineral Resources from The University of Texas at Austin.

NuScale Power Corporation, founded in 2007, is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology. Their groundbreaking SMR technology is powered by the NuScale Power Module™, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), scalable to meet customer needs through flexible configurations up to 924 MWe (12 modules) of output.

As the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for various applications including electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.

NuScale Power Corporation's media contact is Chuck Goodnight, Vice President, Business Development, reachable at [email protected]. For investor inquiries, the contact person is Scott Kozak, Director, Investor Relations, who can be reached at [email protected]. Today the company's shares have moved -8.5% to a price of $19.96. For the full picture, make sure to review NuScale Power's 8-K report.

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