Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________________

FORM 8-K

__________________________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 9, 2024

NuScale Power Corporation

(Exact name of registrant as specified in its charter)

Delaware

001-39736

98-1588588

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

1100 NE Circle Blvd., Suite 200

Corvallis, OR

97330

(Address of principal executive offices)

(Zip Code)

(971) 371-1592

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange
on which registered

Class A common stock, $0.0001 par value per share

SMR

New York Stock Exchange

Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share

SMR WS

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934

(§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to

Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement

On October 3, 2024, NuScale Power OVS, LLC, a subsidiary of NuScale Power Corporation (the “Company”), entered into Task Order No. R1MA-P2-OFS-90-K200 (the “Task Order”) with Fluor Transworld Services Inc. for the supply of services in connection with its small modular reactor project in Romania. Fluor Transworld Services Inc. is a subsidiary of Fluor Enterprises, Inc., which is a related party of the Company.

The Task Order was signed under Master Services Agreement No. C1-1220-73352, dated January 25, 2021, between Fluor Enterprises, Inc. and NuScale Power, LLC. Subject to the terms and conditions of the Task Order, NuScale Power OVS will provide certain Front-End Engineering and Design (FEED) Services for the RoPower Nuclear S.A. Doicesti project in Romania.

The foregoing description of the Task Order does not purport to be complete and is qualified in its entirety by reference to the full text of the Task Order, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.
10.11, 2						Task Order No.: R1MA-P2-OFS-90-K200, dated October 3, between the Company and Fluor Transworld Services, Inc., - (portions of this exhibit have been omitted)
104						Cover Page Interactive Data File (formatted as Inline XBRL).

1 Filed herewith.

2 Non-material schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby undertakes to furnish supplemental copies of any of the omitted schedules and exhibits upon request by the SEC.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NuScale Power Corporation

Date: October 9, 2024

By:

/s/ Andrea Lachenmayr

Name:

Andrea Lachenmayr

Title:

Interim General Counsel

TASK ORDER COVER PAGE TASK ORDER No.: R1MA-P2-OFS-90-K200 REVISION No. 0 Project Name: SMR Romania Project Romania Copyright © 2021 Contract Management Page 1 of 1 Contractor Company TASK ORDER to MASTER SERVICES AGREEMENT T TASK ORDER No. R1MA-P2-OFS-90-K200 ( “ ” ) for the of in connection with the Project (“Project”) into on the 30th September No. C1-1220-73352 25 2021 (“MSA” or “Agreement”). C1-1220-73352 R1MA-P2-OFS-90-K200 - . : $[**] 30th of September The following documents are hereby incorporated into this Task Order: – – Contract/ -P2-OFS-90-K200 Attachments: Refer to -P2-OFS-90-K200 Exhibits: Refer to -P2-OFS-90-K200 Appendices: Refer to -P2-OFS-90-K200 CERTAIN IDENTIFIED INFORMATION, MARKED BY [**], HAS BEEN EXCLUDED FROM THIS AGREEMENT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.

CONTRACT SIGNATURE DOCUMENT Contract No.: R1MA-P2-OFS-90-K200 Client Name: RoPower Nuclear S.A. Rev. No.: 0 Project Name: SMR Romania Project Project Location: Form 000.430.F0110 (Revision Date: 04May2020) Contract Management Copyright © 2020 Page 1 of 3 _________ _________ Contractor Company THIS CONTRACT IS the 30th of September 2024 between Fluor Transworld Services, Inc. NuScale Power OVS LLC (a Delaware LLC) “Supplier” or 1100 NE Corvalis OR 97330 collectively as “Parties”. agree as follows: Article 1.0 CONTRACT DOCUMENTS. art of this Contract. PART I – SCOPE OF WORK PART II – COMMERCIAL TERMS PART IV – PRIME CONTRACT FLOWDOWNS AND SPECIAL TERMS * MSA No.: C1-1220-73352 (including Amendments, if any) * between the Parties pertaining to . by a written agreement . performance of this Contract. Article 2.0 PRECEDENCE. Parts of the as follows: – – Contract Signature Document – Part IV – – Part II – – Part I – * Non-material schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby undertakes to furnish supplemental copies of any of the omitted schedules and exhibits upon request by the SEC.

CONTRACT SIGNATURE DOCUMENT Contract No.: R1MA-P2-OFS-90-K200 Client Name: RoPower Nuclear S.A. Rev. No.: 0 Project Name: SMR Romania Project Project Location: Form 000.430.F0110 (Revision Date: 04May2020) Contract Management Copyright © 2020 Page 2 of 3 _________ _________ Contractor Company – Attachments Drawings Specifications – MSA No.: No.: C1-1220- Master Services Agreement (MSA) No.: C1-1220- Contractor shall the Parties shall mutually agree on resolution of the conflict. Article 3.0 SCOPE OF WORK. : (FEED) Services to support Phase 2 FEED for a VOYGR -6 Nuclear Power Generation RoPower Nuclear S.A. ) “Project Site”) . Article 4.0 CONTRACT PRICE. Contractor's full this Contract shall be as set forth in . Article 5.0 SCHEDULE. about 30-September-2024 not later than 22-September- . Article 6.0 COMMUNICATIONS. All communications pursuant to or in connection with as set forth below: Contractual Notices. Party the Party or email. Emails (3) Chief Officer Project Director.

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 3 of 49 Contractor Company 1.0 DESCRIPTION OF WORK – GENERAL 1.1 Introduction Except as otherwise expressly provided herein, CONTRACTOR shall supply all adequate and competent labor, supervision, services, and each and every item of expense necessary to support COMPANY to achieve the Project Objectives established for FEED Phase 2, where applicable to this SCOPE OF WORK, which are summarized along with associated major activities further described within this document, as follows: A – Site-specific Preliminary Design Completion Supporting gap analyses between US460 design basis and IAEA/SSG- 30/Romanian design requirements (Design, Quality) and between NuScale’s US460 Certified Design & SDAA and CNCAN licensing requirements (Licensing, Quality). CONTRACTOR development of site-specific (DOI460) engineering and design deliverables associated with CONTRACTOR Facility Scope. Supporting COMPANY and its Subcontractor’s design development activities through provision of DOI460 Nuclear Island (NI) and Balance of Site information, including seismic analysis of NI Buildings and other analyses prompted by site- specific conditions that differ from US460. NuScale will require full design inputs and approved methodologies (based on Romanian regulations) prior to re- performing analyses for safety-related design and nuclear licensing. B – Class 3 Project Cost Estimate (C3 PCE) Completion Supporting COMPANY C3 PCE development by providing technical and cost inputs for CONTRACTOR’s scope. Supporting COMPANY EPC Project Schedule development. C – Development of Site License Application and EURATOM Notification Supporting development and updating Permitting and Regulatory Plan and associated schedule, including agreed-upon division of responsibilities (DOR) for nuclear licensing. Supporting development of the Initial Safety Analysis Report (ISAR), and associated activities, based on NuScale’s US460 Certified Design & SDAA. Supporting development of EURATOM Notification through provision of Information Package Part 3. D – Support Construction (CU, PUZ, Early Construction Facility Authorization) CONTRACTOR has no specific deliverable for this Objective. Contractor to provide general support for this Objective, as COMPANY anticipates that deliverables already defined within this scope will provide the needed information.

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 5 of 49 Contractor Company Fluor will not wrap NuScale performance. As a result of this, separate performance guarantees from NuScale and Fluor will be developed with the Owner responsible for the aggregation of each entity’s guarantee into an overall plant guarantee. To provide the project the best opportunity for success the expectation is that alignment between the Fluor and NuScale guarantee interface(s) gaps are eliminated or minimized to the greatest extent practical. During R1MA Phase 2 it is expected for NuScale to provide support to the initial workshop with RoPower to identify client requirements, including performance guarantee requirements. A level of effort will be required to support the completion of action items, and additional meetings for clarification. COMPANY has the lead for development of the philosophy; however contractor will prepare detailed input of its section. CONTRACTOR will also support preparatory activities for the next phase following FEED Ph2 through submittal of proposals for “FEED to EPC Bridging” and “EPC Pre-FNTP (detailed design and procurement)”. The work is part of FEED Phase 2 (FEED Ph2) of the VOYGRTM-6 nuclear power “Project”) for the benefit of RoPower Nuclear S.A. (“Owner”) and Societatea Nataionala Nuclearelectrica S.A. (SNN) (the “Licensee”). The Work, as it applies to the CONTRACTOR is further defined within this document. The Project is based on NuScale VOYGRTM-6 “Starter Kit 1” (S1KT) which includes Standard Plant Design. This SCOPE OF WORK contains basic design requirements for the PROJECT together with instructions, standards, procedures, and other requirements for the execution of the WORK to be performed by CONTRACTOR for the realization of the PROJECT. CONTRACTOR shall not deviate from the SCOPE OF WORK without prior APPROVAL from COMPANY. The primary objectives of this SCOPE OF WORK are: To provide comprehensive information and instructions to CONTRACTOR for executing the WORK in FEED Ph2. To serve as a firm and agreed basis for the implementation of the PROJECT by CONTRACTOR, enabling COMPANY to monitor the progress and performance of CONTRACTOR during the various phases of project execution. The SCOPE OF WORK is the basis from which CONTRACTOR is obliged to develop the FEED Ph2 of the PLANT. The LICENSOR Standard Plant Design (SPD), and LICENSOR Pre-FEED design as applicable, should be utilized as a basis for the design and is already

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 7 of 49 Contractor Company 1.6 Definitions and Abbreviations 1.6.1 General Definitions “Company” shall mean Fluor Transworld Services, Inc. “Contractor” shall mean NuScale Power OVS LLC which is also the Licensor. “FEED” shall mean Front End Engineering Design, which is the project phase prior to Detail Design. The FEED phase executes preliminary design to an extent intended to minimize risk of substantial rework or total installed cost escalation. Unless indicated otherwise, all references to FEED in this document are intended for phase 2 which is the subject of this scope of work. “Owner” shall mean RoPower Nuclear S.A. “Licensor” shall mean Small Modular Reactor Licensor NuScale Power Corporation, and it subsidiary companies applicable to the Work. The Licensor in this SOW is also the CONTRACTOR “Licensee” shall mean SN "Nuclearelectrica" S.A. (SNN), which will apply to the Romanian nuclear regulator / National Commission for Nuclear Activities Control – for a specific license to construct and operate the facility. “Nuclear Island Designer” shall mean Sargent & Lundy, LLC “Nuclear Technology” shall mean the controlled use of nuclear fission to generate steam. Nuclear energy is produced by a controlled nuclear chain reaction within the reactor vessel which in turn creates heat which is used to boil water and produce steam. The key elements of the nuclear technology include (a) the reactor system, specifically (i) items within or attached directly to the reactor vessel, (ii) equipment which directly controls the level of power in the core, and (iii) components which normally contain or come in direct contact with or control the primary coolant of the reactor core as illustrated by 10CFR110, Appendix A; and (b) the containment system, specifically (i) the containment vessel; (ii) associated isolation components; and (iii) isolation controls. Such key elements are typically contained within or interface directly with the NuScale Power Module (NPM) boundary. The systems and components of these key elements are deemed part of Nuclear Technology. “Plant” shall mean the nuclear power electrical generation facility consisting of systems, structures, and components within defined Battery Limits (i.e. inside Battery Limits) required to carry out the generation of electric power. “Project” shall mean Small Modular Reactor (SMR) Romania Project including Nuclear Island FEED Phase 2 to support the VOYGRTM-6 nuclear power

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 16 of 49 Contractor Company 4.0 SCOPE OF SERVICES 4.1 Organization of Scope The scope described within shall be organized by the following two categories in order to segregate activities and associated cost of effort in support of OWNER reporting requirements to financial institutions such as the Export-Import (EXIM) Bank of the United States: Nuclear Technology, which is the development of the site-specific engineering and design deliverables associated with the Nuclear Technology, as defined within the CONTRACTOR scope of Article 3.0, to an “Issue for Design” condition, according to CONTRACTOR design practices, that establishes the starting point for detailed design in the next phase of the Project, and other associated activities for Nuclear Island. These deliverables include technical documents for equipment and material and scopes of work for services that will be used by CONTRACTOR to acquire quotations from vendors and contractors. FEED Engineering Activities – Non-Nuclear Technology, which is the development of the site-specific engineering and design deliverables associated with the non-Nuclear Technology, as defined within the CONTRACTOR scope of Article 3.0, to an “Issue for Design” condition, according to CONTRACTOR design practices, that establishes the starting point for detailed design in the next phase of the Project, and other associated activities for Nuclear Island. These deliverables include technical documents for equipment and material and scopes of work for services that will be used by CONTRACTOR to acquire quotations from vendors and contractors. 4.2 General Items The following Sections outline the Scope of Services for CONTRACTOR. The following items are activities that may already be underway as part of FEED-2 Limited Notice to Proceed (LNTP) activities and must be prioritized in order to facilitate the SCOPE OF WORK. Resolution of open Punch List Items assigned to CONTRACTOR from FEED Phase 1 Resolution of open Action Items from FEED Phase 2 January 2024 Kick-off Meeting Finalized evaluation for the review of US460 SSC safety classifications against IAEA SSC safety classification guidelines to demonstrate/justify safety equivalency. Develop Design Requirements Review Report, including Review agreed-upon initial Codes & Standard List based on FEED P1 output; Commence investigation any other applicable Codes & Standards; Develop draft comparison/gap analysis report to US460.Develop a Project Management Plan (PMP) Develop a Project Controls Plan (PCP) Develop a Project Quality Plan (PQP)

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 23 of 49 Contractor Company Structural FEA and Design Interface Building Design Calculations SC Wall Design Input and Interface support I. Review and provide input to the initial draft of the Permitting and Regulatory Plan/Regulatory Engagement plan. COMPANY has already provided OWNER the initial draft of this document, with open items identified in which CONTRACTOR will provide input. Additionally, CONTRACTOR will review this initial draft and provide any further comments/input as they see fit. Finally, CONTRACTOR will support comment resolution from OWNER upon review of the updated draft. 4.5 Class 3 Project Cost Estimate 4.5.1 General Supporting COMPANY development of a Class 3 Project Cost Estimate (C3 PCE) for the PLANT, which includes activities such as preparation of site-specific MTO Reports and associated basis for the CONTRACTOR Facility Scope. For those CONTRACTOR items being bid by CONTRACTOR per Subsection 4.5.2 items 1 and 2 below, CONTRACTOR shall review vendor and contractor technical quotations and tabulate technical review and clarification resolution results that will support selection for use in the C3 PCE. The C3 PCE is accuracy level of +30% / -20%. Actual purchase order award may occur in a future phase of the Project. o Preparation and submission of the CONTRACTOR Non-NPM scope MTO and MTO Basis to support COMPANY’s Class 3 Estimate (accuracy targeted to be +30% / - 20%) per AACE Recommended Practice 18R-97 Cost Estimate Classification System. o MTO / Pricing Basis includes items such as P&IDs, sized equipment list, mechanical and electrical datasheets, piping line list, instrument list, ETC. o Participate in Estimating Workshops to review CONTRACTOR provided MTO’s and Basis as well as aligning on factoring and allowances approach. o If needed, CONTRACTOR may choose to use MTO template(s) provided by COMPANY. MTO Templates are listed in Exhibit Four. o CONTRACTOR shall provide bid evaluation information and recommendations for those packages under Subsection 4.5.2 items 1 and 2 below for which it is providing the cost for input to COMPANY C3 Project Cost Estimate. o Procurement/Subcontract vendor clarification support shall be included in CONTRACTOR scope. o CONTRACTOR shall participate in presentations and reviews of its MTO and Estimate Basis documents with COMPANY.

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 29 of 49 Contractor Company o CONTRACTOR shall develop a battery limit interface table that includes all connections (including conditions) to NI designer design as well as COMPANY installation. CONTRACTOR may choose to use BLIT templates in Exhibit Four if needed. CONTRACTOR will use the Basic Engineering and Design Data (BEDD) as input to the CONTRACTORS design where applicable. The BEDD is listed in Exhibit Four. In addition, CONTRACTOR shall consider the Project List of Codes and Standards provided by COMPANY. The CONTRACTOR shall clarify/identify potential changes to the SPD NI design as a result of the local codes and standards. The Project List of Codes and Standards is listed in Exhibit Four. 6.0 QUALITY ASSURANCE PROGRAM REQUIREMENTS CONTRACTOR’s work scope includes safety-related, augmented quality, and non-safety-related activities. CONTRACTOR shall perform the Work in accordance with its COMPANY accepted Quality Assurance Program Description (QAPD) MN-122626-A Rev.1, which will meet the requirements of 10 CFR 50, Appendix B; 10 CFR 21; and Nuclear Quality Assurance Manual MN- 0202-52999 Rev. 10. CONTRACTOR shall submit QAPD revisions to COMPANY for review and acceptance (as part of the Project Quality Plan). CONTRACTOR shall submit their project- specific quality plan to COMPANY for review and acceptance, prior to commencement of safety related and/or augmented quality items and components. CONTRACTOR project quality plan shall demonstrate how NuScale will comply with applicable Romanian Government National Commission for Nuclear Activities Control (CNCAN) Norms (see Table 5.3-1) and to CNCAN Authorizations issued to Contractor for Design and Use of Software in nuclear field (No. 23-007) and Procurement in nuclear field (No. 23-045). Changes to CONTRACTOR’s project quality plan shall be provided to COMPANY for review prior to issuance and use by the CONTRACTOR. CONTRACTOR shall provide the rationale for the changes and a determination that the changes continue to satisfy the quality assurance requirements. CONTRACTOR shall maintain the applicable Authorizations following the receipt of such Authorizations through the remaining period of performance of this Contract; all Work shall be performed within the limits and conditions stipulated by such Authorizations. The Nuclear Safety classification for any given deliverable shall be identified on the deliverable itself or otherwise captured in a controlled format. Contractor shall manage the safety and non-safety Work and ensure appropriate regulatory requirements are met. CONTRACTOR shall incorporate appropriate QA program requirements in sub-tier procurement documents. CONTRACTOR shall implement ASME Section III Code activities, including the development of ASME Section III design specifications, in accordance with their ASME Section III Code Quality Assurance Program and Manual and applicable ASME Section III Certificates of Authorization. CONTRACTOR shall not perform ASME Section III Code activities, except as noted, until (1) they have been notified by COMPANY that CONTRACTOR’s entry on the FNP Nuclear Approved Supplier List (NASL) has been updated to authorize CONTRACTOR to perform ASME Section III Code work and (2) CONTRACTOR’s Project Quality Plan, incorporating controls required for ASME Section III Code work activities, has been accepted by COMPANY. Activities such as

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 30 of 49 Contractor Company order review and processing, development of project quality or management plans, and quality program improvements are permitted. CONTRACTOR shall meet agreed upon applicable requirements of the State Inspection for the Control of Boilers, Pressure Vessels and Lifting Systems (ISCIR) Technical Prescriptions for pressure retaining systems and components in nuclear installations. If required prior to the start of ASME Section III Code activities or issuance of ASME Section III Code deliverables, CONTRACTOR will obtain ISCIR certification for Design. CONTRACTOR to advise COMPANY of all subcontractors and vendors who will be performing Work on the behalf of CONTRACTOR. CONTRACTOR shall confirm that each of subcontractors and vendors are listed on CONTRACTOR ESL prior to them performing any Work on quality related or augmented quality items and components. CONTRACTOR shall provide access for quality assurance inspections and audits to CONTRACTOR’s and its affiliates’ facilities following reasonable notice from COMPANY or CNCAN. CONTRACTOR shall require all of its subcontractors and vendors providing safety and augmented quality items and components to provide and maintain an inspection and quality control system. Records of all inspections by or on behalf of CONTRACTOR related to Work shall be kept complete and available to COMPANY during execution of the Work. 6.1 Certificate of Conformance CONTRACTOR shall submit a Certificate of Conformance to COMPANY each month following deliverables in the prior month. The Certificate of Conformance will be signed by CONTRACTOR’s authorized quality assurance representative or senior management that confirms that CONTRACTOR’s deliverables and associated services comply with CONTRACTOR’s quality assurance program and the procurement requirements of this Contract. 6.1.1 The certificate shall identify the Contract number, and the documents covered by the certificate (i.e., Document number / identifier; document description/title; and revision/edition.) 6.1.2 The certificate shall identify the specific procurement requirements met by the purchased service, such as codes, standards, and other specifications. This may be accomplished by including a list of the specific requirements or by providing, on-site, a copy of the purchase order and the procurement specifications or drawings, together with a suitable certificate. The procurement requirements identified shall include any approved changes, waivers, or deviations applicable to the subject work.

Project Name: SMR Romania Project Project Location: , Romania PART I – SCOPE OF WORK Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 30Sep2024 Form 000.430.F0115 (Revision Date: 17Apr2020) Copyright © 2020, Fluor Corporation. All Rights Reserved. Contract Management Page 31 of 49 Contractor Company 6.1.3 The certificate shall identify any procurement document requirements that have not been met, together with an explanation and the means for resolving the nonconformance. 6.1.4 Within 30 days prior to end of Contract, CONTRACTOR shall provide to COMPANY a Certificate of Conformance signed by Contractor’s authorized quality assurance representative or senior management that confirms that all Contractor’s deliverables and associated services comply with Contractor’s quality assurance program and the procurement requirements of this contract. 6.1.5 Notwithstanding the Certificate of Conformance requirements described in this Section, the Nuclear Safety classification for any given deliverable shall be identified on the deliverable itself or otherwise captured in a controlled format. CONTRACTOR shall manage the safety and non-safety Work and ensure appropriate regulatory requirements are met. 6.2 Non-conformances 6.2.1 CONTRACTOR shall comply with its own nonconformance and corrective action programs. Nonconformance reports associated with this Scope of Work, that could affect a deliverable, shall be submitted to COMPANY for review and approval. 6.2.2 CONTRACTOR shall submit to COMPANY, for approval, disposition of nonconformance notices for safety related or augmented quality items or services that do not meet the requirements of this Scope of Work, including sub-tier supplier/CONTRACTOR non-conformances. Non-conformances that consist of one or more of the following shall be submitted to COMPANY for review and approval: • a violation of technical requirements specified in the SOW. • A violation of COMPANY approved requirement in CONTRACTOR documents. 6.2.3 Nonconformance submittals at a minimum shall include the following information: • Contract Number and Date • CONTRACTOR Nonconformance Report Number • CONTRACTOR Point-of-Contact and Phone Number • Description of Deviation including all supporting documentation as necessary • Proposed Disposition and Justification, including all supporting documentation as necessary 6.2.4 CONTRACTOR shall include all COMPANY-approved non-conformances as part of CONTRACTOR deliverables. Documentation delivered with the service upon which a nonconformance document(s) has been generated shall include: • Acceptance of the disposition • Verification of the implementation of the disposition • Records of sub-supplier nonconformances

EXHIBIT ONE CONTRACT MILESTONE SCHEDULE Owner Name: RoPower Nuclear S.A. Contract No.: R1MA-P2-OFS-90-K200 Project Name: SMR Romania Project Rev. No.: 00 Project Location: Doicesti, Romania FORM 000.430.F0188 (Revision Date: 04May2016) Contract Management Page 1 of 3 __________ __________ Contractor Company INTRODUCTION In addition to the schedule requirements elsewhere in the Contract, this Exhibit One to Part I – Scope of Work, provides further detail for Contractor development of the detailed schedule and shall be used to capture the Contract Milestone Schedule (Appendix 1) and Priority Deliverables associated with Liquidated Damages, in accordance with Part IV – Special Terms. 1.0 PRIORITY DELIVERABLE DATES – MILESTONE (“MS”) COMPLETION DATES 1.1 Contractor shall complete the work for the Priority Deliverables (“Milestones”) in this Section 1.1 not later than the Delivery Date (“Milestone Completion Date”) shown below: MS Priority Deliverable Description Delivery Date Liquidated Damages MS 01 Permitting Plan MS 01.1 P&RP / REP Rev.0 - CONTRACTOR Complete Resolution of RoPower Comments T+19 Weeks Yes MS 01.2 P&RP / REP Rev.0 - Receive Initial CONTRACTOR Input T+8 Weeks Yes MS 02 Level 2 EPC Schedule MS 02.1 CONTRACTOR Issue Level 2 EPC Project Schedule to COMPANY for Review T+31 Weeks Yes MS 03 EPC Scope of Work MS 03.1 CONTRACTOR Issue EPC Scope of Work to COMPANY (Issue EPC Scope of Work is considered complete upon the delivery of a written description of the activities included in the CONTRACTOR L3 Engineering and Procurement schedule for NPM/OEM scope of supply, as described in section 4.5.3 under “Level 3 Detailed Design Phase Schedule”.) T+36 Weeks Yes MS 04 Class 3 Estimate MS 04.1 CONTRACTOR Issue Class 3 TIC Project Cost Estimate and Basis to COMPANY (Issue Class 3 TIC Project Cost Estimate and Basis is considered complete upon the delivery of the Class 3 Cost Estimate information for all items T+36 Weeks Yes

EXHIBIT ONE CONTRACT MILESTONE SCHEDULE Owner Name: RoPower Nuclear S.A. Contract No.: R1MA-P2-OFS-90-K200 Project Name: SMR Romania Project Rev. No.: 00 Project Location: Doicesti, Romania FORM 000.430.F0188 (Revision Date: 04May2016) Contract Management Page 2 of 3 __________ __________ Contractor Company listed in Section 4.5.1 and 4.5.2, with the exception of “participate in presentations and reviews of its MTO and Estimate Basis documents with the COMPANY”. MS 05 FEED Complete MS 05.1 CONTRACTOR FEED Complete T+51 Weeks YES “T” shall represent the Contract award date. 1.1.1 Deliverables that shall be submitted to complete each of these Milestones is as set forth in this Contract Milestone Schedule (Appendix 1). 1.1.2 Details of the amounts provided for liquidated damages are as set forth in Article 2.0 of this Exhibit. 1.2 Milestone Completion, for purposes of liquidated damages, a Priority Deliverable shall be deemed complete upon Contractor submission of the Priority Deliverable by the Delivery Date, plus a twenty-eight (28) day grace period (“Milestone Completion”). Liquidated Damages will begin to accrue on day one (1) and shall continue to accrue (up to 60 calendar days) until delivery is achieved. 1.3 Following Milestone Completion, and upon Company request, Contractor shall be required, pursuant to a Change, if applicable, and not incorporated in Contract Part I - Scope of Work, to incorporate any Company, Owner, and applicable governing authority or regulatory agency comments with respect to the Deliverable and shall resubmit the Deliverable, as required or requested by Company. 2.0 LIQUIDATED DAMAGES FOR LATE COMPLETION 2.1 Contractor guarantees the dates set forth in Article 1.0 herein to be firm and shall be the final dates for Milestone Completion by Contractor for each Milestone, except to the extent modified by an approved Contract Modification. 2.2 It is hereby agreed that the actual damages and loss that Company will incur as a result of Contractor's failure to complete each Priority Deliverable (Milestone) by such date would be impracticable and infeasible to determine. 2.3 The Parties agree that the amount(s) set forth below are a reasonable and fair estimate of the damages and loss which Company would suffer for each such calendar day by which Contractor is late in achieving Completion of said Priority Deliverable (Milestone). 2.4 It is therefore agreed that, in the event of such failure by Contractor, Contractor shall pay to Company the appropriate daily amount(s) set forth below for each calendar day by which the actual final date of Milestone Completion is later than the firm date set forth in Article 1.0 herein, provided that the actual final date is later than the grace period, up to a maximum of sixty (60) such calendar days.

EXHIBIT ONE CONTRACT MILESTONE SCHEDULE Owner Name: RoPower Nuclear S.A. Contract No.: R1MA-P2-OFS-90-K200 Project Name: SMR Romania Project Rev. No.: 00 Project Location: Doicesti, Romania FORM 000.430.F0188 (Revision Date: 04May2016) Contract Management Page 3 of 3 __________ __________ Contractor Company 2.5 Contractor agrees that all sums payable by Contractor to Company as liquidated damages pursuant to this Section 2.5 may be deducted by Company from the Contract Price. The liquidated damages are agreed to be a reasonable estimate of actual damages, not a penalty. It is further agreed that this Section 2.5 shall not constitute a waiver of any right of Company or Owner to damages or other remedies of Company or Owner under this Contract or otherwise for Contractor's improper performance or default in performance of any other aspect of this Contract. 2.6 In accordance with Contract Part IV – Prime Contract Flowdowns and Special Terms, Section 2.3 entitled, “Deliverables Schedule and Liquidated Damages,” the amounts shown below are agreed upon for the purposes of estimating the maximum not-to-exceed (NTE) value of each Priority Deliverable, but the total actual value of all Liquidated Damages shall not exceed five percent (5%) of all amounts paid by Company to Contractor under this Task Order. Priority (MS) Deliverable Damages for Days Late (day 01-60) Maximum NTE Damages Per Priority Deliverable MS 01.1 $ [**]/day $ [**] MS 01.2 $ [**]/day $ [**] MS 02.1 $ [**]/day $ [**] MS 03.1 $ [**]/day $ [**] MS 04.1 $ [**]/day $ [**] MS 05.1 $ [**]/day $ [**] MS 01.1 Example: Milestone Completion is achieved thirty (30) days late. Liquidated Damages: 30 days x $ [**]/day = $ [**] Total 3.0 CONTRACT MILESTONE SCHEDULE (Form 000.430.F0188, Appendix 1) The appended Contract Milestone Schedule includes finish dates for major activities, completion milestones, current information on Company provided deliverables and the general sequence of work. Contractor shall use this Contract Milestone Schedule with its dates and sequence of work to develop the Contract Detail Schedule and work plan. APPENDICES Appendix 1: Contract Milestone Schedule, Rev. 00, dated 12Sep24 END OF EXHIBIT ONE – CONTRACT MILESTONE SCHEDULE

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 2 of 24 Contractor Company 1.0 CONTRACT PRICE C the not-to- exceed (NTE) Contract Price of [**] ($[**]). Parties hereby acknowledge the cost- Contractor shall execute the Work in accordance with the NTE Contract Price incorporated herein. Milestone Payments and the estimated cost that shall be reimbursable on a monthly basis for Support all subject to the terms and conditions contained herein. Table 1 – Estimated Contract Price Schedule 1.1.1. Estimated Monthly Invoice Payments (Support Labor) (34.1% of Total Estimate) Estimate ($) [A] Support Labor (Refer to Attachment G – Annex 07.05 for Support Labor Categories) (Nuclear) (2.4% of Estimate) $ [**] (Non-Nuclear) (31.7% of Total Estimate) $ [**] [A] Subtotal Estimated Support Labor Costs = $ [**] 1.1.2. Milestone Payments (Engineering Labor) (65.0% of Total Estimate) Estimate ($) [B] Engineering Labor (Refer to Attachment G – Annex 07.05 for Support Labor Categories) (Nuclear) MS 1: Contract Execution Date (3.8% of Estimate) $ [**] (Non-Nuclear) MS 1: Contract Execution Date (6.2% of Estimate) $ [**] Objective C: Development of Site License Application and Euratom Notification (Nuclear) MS 2: Submit P&RP/REP Comments to Company (1.9% of Estimate) $ [**] (Non-Nuclear) MS 2: Submit P&RP/REP Comments to Company (3.1% of Estimate) $ [**] Objective A: Site-specific Preliminary Design Completion & Basis of Estimate (BOE) (Nuclear) MS 3: Codes & Standards Database Review & Update (3.8% of Estimate) $ [**] (Non-Nuclear) MS 3: Codes & Standards Database Review & Update (6.2% of Estimate) $ [**] (Nuclear) MS 4: Functional Architecture Report Complete (3.8% of Estimate) $ [**] (Non-Nuclear) MS 4: Functional Architecture Report Complete (6.2% of Estimate) $ [**] (Nuclear) MS 5: Info Pack Part 3 Submitted (Non-SGI) (3.8% of Estimate) $ [**] (Non-Nuclear) MS 5: Info Pack Part 3 Submitted (Non-SGI) (6.2% of Estimate) $ [**] (Nuclear) MS 6: IAEA Quality Classification Evaluation (4.2% of Estimate) $ [**] (Non-Nuclear) MS 6: IAEA Quality Classification Evaluation (6.8% of Estimate) $ [**] Objective B: Class 3 Project Cost Estimate (C3 PCE) Completion (Nuclear) MS 7: All Mechanical Equipment List Complete for BOE (4.2% of Estimate) $ [**] (Non-Nuclear) MS 7: All Mechanical Equipment List Complete for BOE (6.8% of Estimate) $ [**]

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 3 of 24 Contractor Company Objective A: Site-specific Preliminary Design Completion & Basis of Estimate (BOE) (Nuclear) MS 8: BOS: System Design Specification Plant Electrical (3.4% of Estimate) $ [**] (Non-Nuclear) MS 8: BOS: System Design Specification Plant Electrical (5.6% of Estimate) $ [**] (Nuclear) MS 9: PMC Equipment Lists Complete (3% of Estimate) $ [**] (Non-Nuclear) MS 9: PMC Equipment Lists Complete (5% of Estimate) $ [**] (Nuclear) MS 10: NPM-20 System Design Reports Complete (1.1% of Estimate) $ [**] (Non-Nuclear) MS 10: NPM-20 System Design Reports Complete (1.9% of Estimate) $ [**] (Nuclear) MS 11: All BLDG Engineering Calculation Complete (1.1% of Estimate) $ [**] (Non-Nuclear) MS 11: All BLDG Engineering Calculation Complete (1.9% of Estimate) $ [**] Objective G: HG907/2016 Requirements (Nuclear) MS 12: FEED Phase 2 Complete (3.8% of Estimate) $ [**] (Non-Nuclear) MS 12: FEED Phase 2 Complete (6.2% of Estimate) $ [**] [B] Subtotal Estimated Engineering Labor Costs = $ [**] 1.1.3. Estimate for Travel Costs (0.9% of Total Estimate) Estimate ($) Estimated Travel Costs (included in Support Labor Estimate) = $$ [**] Total Not Guaranteed, and Not-to-Exceed Contract Value [A]+[B] = $ [**] This Contract Price is the sum of the following costs and mark-ups. 1.1 Labor 1.1.1 Support Labor: Compensation to Contractor for Support related costs and profit shall be in accordance with the rates set forth in Commercial Schedules C - All Inclusive Labor Rates agreed upon hours worked. 1.1.2 Engineering Labor related costs and profit shall be in accordance with the Milestone Payments values incorporated under Table 1 – Estimated Contract Price Schedule (above). profit shall be in accordance the with the rates set forth in Commercial Schedules C - All Inclusive Labor Rates y of mutually agreed upon hours worked. 1.1.3 Travel Reimbursement: Compensation to Contractor for travel and related costs shall be at actual costs to Contractor without mark-ups related costs profit. The estimate for travel costs is shown above for reference and is incorporated in the Support Labor total estimate. To be eligible for Contractor shall obtain prior written approval from Company via a travel authorization form (available upon request) that will be used by all Project personnel to document travel and related costs.

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 6 of 24 Contractor Company assessments of whatever nature imposed by governmental authorities and applicable to the performance of the Work and this Contract. Contractor shall not be reimbursed for personal property taxes on construction equipment and other property owned by Contrac 4.2 assessments set forth in Section 4.1. 4.3 Contractor shall be responsible for maintaining and furnishing the necessary records and documentation required by government authorities and Company to apply for and obtain tax and duty refunds. 4.4 Company is required to obtain correct taxpayer identification numbers from all non- be subject to IRS Form 1099 reporting. Thirty-one percent (31%) back-up tax withholding will be imposed on all Form fails to provide a correct taxpayer identification number. Taxpayer I.D. No.: 88-3437008 4.5 ion of 5.0 PAYMENT TERMS 5.1 Contractor shall submit invoices for Support Labor monthly by calendar month. 5.2 Contractor shall submit invoices for Engineering Labor in accordance with the Milestone Payment Schedule set forth herein and further defined under Section 7.6. Company will pay all undisputed amounts within thirty (30) calendar days after receipt and approval by delayed. Each payment shall be for one hundred percent (100%) of the invoiced amount of Work completed by Contractor. In the even dispute within such thirty (30) day period. Any undisputed amounts will be invoiced separately by the Contractor and paid within thirty (30) days after submission of the original invoice. 5.3 transmit to Company all applicable Contract documents. Failure to submit these Contract documents in accordance with the instructions set forth herein will delay any and all approved payments until these requirements are met. The following is an exclusive listing

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 7 of 24 Contractor Company of applicable Contract documents and the condition in which they must be provided to Company in order to be acceptable: 5.3.1 Contract Agreement – fully and correctly executed in accordance with the instructions set forth in the cover letter Contract. 5.3.2 Evidence of Insurance – certificate(s) of insurance required by the Contract are in effect. 5.3.3 Milestone Payment Certificates – submitted by Contractor and approved by Company for each of the Milestone Payments described herein. 5.3.4 Partial / Final Payment Release Certificates – submitted on proper notarized forms satisfactory to Company and which evidence that Contractor has paid in employed during the time period covered by the invoice. 5.3.5 Company shall not be obligated to make final payments to Contractor under the Project until all services and deliverables are completed and received by the agreed upon by Company and Contractor. 5.4 The final invoice shall be submitted for final payment after completion of Work and compliance by Contractor with all terms of this Contract. This invoice shall contain a complete itemized listing of Work performed and gross amount. made less than thirty (30) calendar days after completion of all Work and in any event shall not be sooner than thirty (30) calendar days after receipt and approval of a proper invoice and supporting documents to Company. Final payment shall not relieve Contractor of any obligation under the Contract warranty provisions. 5.5 Contractor shall prepare all invoices in a form satisfactory to and approved by Company. documentation supporting each element of measurement and/or cost. Any invoice . Any costs associated with the

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 8 of 24 Contractor Company 5.6 reasonably satisfactory to covered by an invoice have been paid for in full and that the Work is not subject to liens or claims on account thereof. Company may withhold payment of invoices until Contractor furnishes such evidence. 6.0 DETERMINATION OF UNITS All units of Work performed for the Contract Price set forth in Article 1.0 entitled CONTRACT PRICE and Article 3.0 entitled PRICING FOR CHANGES of this PART shall be determined and documented in accordance with the Right of Audit provisions set forth in the Contract. 7.0 INVOICING INSTRUCTIONS 7.1 Contractor shall submit draft invoices to Company’s Contracts Manager for review prior to final submission for payment. Company’s Contracts Manager will review the invoice to ke any 7.2 Contractor shall submit uniquely and applicable Purchase Order (P.O.) number clearly displayed at the top of each page. Each invoice shall consist of one (1) electronic copy complete with supporting documentation submitted to: AP.MAIL.R1MA@FLUOR.COM with their designee and/or assigns. 7.3 All invoices shall include the following information in the subject line of the email and on the invoice document: 7.3.1 Contract No.: R1MA-P2-OFS-90-K200 7.3.2 Fluor P.O. Reference No.: To be provided after award 7.3.3 Invoice Number 7.4 The invoices shall be addressed to Company in its name and address as set forth in the Contract Signature Document. Invoice No. in the document title. Any working documents (i.e. Excel) normally delivered with the invoice transmittals shall also be included in the email transmittal. 7.5 Contractor shall submit monthly (calendar month) progress invoices for Support Labor within ten (10) calendar days after the last calendar day of the month.

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 14 of 24 Contractor Company D. Company’s signature acknowledgement that all requirements of the Milestone have been completed in accordance with Contract Part I - Scope of Work. (Milestone Payment Certificate – Appendix B20); and E. Company’s written acknowledgement that all requirements of the Contract have been successfully completed Contract Attachment B – (Form 000.430.F0159). 7.7 Invoices shall be submitted for Milestone Payments at the estimated Milestone values identified in Article 1.0 Contract Price. Payment will be released in accordance with the values above (Table 1 – Estimated Contract Price Schedule) and adjusted prior to the final incurred pursuant to Section 7.8. 7.8 Upon completion of the Work n actual labor cost reconciliation will occur. The difference between the total Milestone payments made to Contractor in accordance with Table 1 will be compared to actual labor cost incurred at rates set forth in Commercial Schedules C - All Inclusive Labor Rates. A credit invoice shall be submitted to Company if the actual labor cost incurred is less than the total Milestone payments made to Contractor in accordance with Table 1. The final reconciliation value shall be agreed upon by both Company and Contractor prior to final acceptance. A credit invoice shall be submitted within five (5) business days following completion of this reconciliation process. 7.9 Contractor’s invoices shall be accompanied by a progress payment release or a final payment release . 7.10 Contractor’s invoices shall indicate the time period during which the Work was performed and for which the invoice is submitted. The invoice shall also include the Milestone Payment No. applicable to the Work being invoiced. 7.11 as may be required. Company reserves the right to make partial or provisional payment 7.12 Any invoice received but not reasonably determined by Company to be compliant will be rejected by Company for re-submission by Contractor. Payment terms will be reset to the terms defined in Section 5.2 following a rejected invoice. Payment terms begin from the date of submission of a complete and compliant invoice. 7.13 Contractor shall comply with the requirements of this Contract to furnish the reports and deliverables in a timely manner and in a format mutually agreed upon. If Contractor does not submit the reports or deliverables in accordance with Part I – Company

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 15 of 24 Contractor Company . The amount withheld shall continue to be withheld until Contractor submits the reports required under the Contract. 7.14 Charges for labor shall be accompanied by Company-approved time sheets listing position/ categories and rates must correspond to those set forth in Commercial Schedules C - All Inclusive Labor Rates. 7.15 Changes to the Work and/or additions must be incorporated into the Contract by way of an approved Contract modification before being incorporated into an invoice and submitted for payment. Where actual charges have not been agreed upon (i.e. when a modific and unless otherwise mutually 1.0 above. 7.16 All labor time reports shall be submitted within ten (10) days of the reportingperiod end for approval and signature by Company. 7.17 Contractor shall sign each invoice certifying that all Work covered by the invoice is described therein. 7.18 ravel shall be reimbursed on a monthly basis or as periodically agreed upon between Company and Contractor. Travel and related expenses are deemed unallowable and will not be reimbursed by Company unless Contractor receives advanced approval from Company in writing. 7.19 Lender Requirements for invoicing and cost accounting require that separate time reports and invoices be submitted for Nuclear and Non-Nuclear work. This shall apply to both the monthly invoices for Support Labor and the Milestone Payment invoices for Engineering Labor. Contractor shall submit separate time reports for Nuclear and Non-Nuclear work so the time reports match both: (1) invoices to be submitted; and (2) final reconciliation of Contractor shall refer to Contract Attachment G – Project Controls and Reporting for further guidance. 8.0 NOT USED 9.0 LIMITATION OF FUNDS 9.1 Contractor is required to provide written notification to Company when Contractor has reason to believe that the costs it expects to incur under this Contract in the next forty-five y-five percent (75%) of -to- as stated in Article 1.0 Contract Price. The notice shall state the estimated date when the estimated

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – A PRICING FOR INDIRECTS Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Reserved. Contract Management Page 17 of 24 Contractor Company NOT USED END OF COMMERCIAL SCHEDULE – A

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – C ALL INCLUSIVE LABOR RATES Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Contract Management Page 18 of 24 Contractor Company Salary Grade Position/Classification 2024 (Rate) 2025 (Rate) 2 Admin Support 1 $ [**] $ [**] 3 Admin Support 2 $ [**] $ [**] 4 Admin Support 3 $ [**] $ [**] 4 Drafter 1 $ [**] $ [**] 5 Admin Support 4 $ [**] $ [**] 5 Drafter 2 $ [**] $ [**] 5 Mechanical Designer $ [**] $ [**] 5 Project Coordinator 1 $ [**] $ [**] 5 Project Specialist 1 $ [**] $ [**] 5 Supply Chain 1 $ [**] $ [**] 6 Admin Support 5 $ [**] $ [**] 6 IT Specialist 1 $ [**] $ [**] 6 Process Specialist 1 $ [**] $ [**] 6 Technical Editor 2 $ [**] $ [**] 7 Drafter 3 $ [**] $ [**] 7 Process Specialist 2 $ [**] $ [**] 7 Supply Chain 2 $ [**] $ [**] 7 Technical Editor 3 $ [**] $ [**] 7 Test Facility Technician $ [**] $ [**] 8 IT Specialist 2 $ [**] $ [**] 8 IT System Support $ [**] $ [**] 8 Nuclear Supply Chain 2 $ [**] $ [**] 8 Operator 2 $ [**] $ [**] 8 Process Specialist 3 $ [**] $ [**] 8 Project Manager 2 $ [**] $ [**] 8 Project Specialist 2 $ [**] $ [**] 8 Technical Editor 4 $ [**] $ [**] 9 Admin Supervisor $ [**] $ [**] 9 Drafter 4 $ [**] $ [**] 9 Manufacturing Engineer 2 $ [**] $ [**] 9 Process Specialist 4 $ [**] $ [**] 9 Supply Chain 3 $ [**] $ [**] 9 Training Specialist $ [**] $ [**]

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – C ALL INCLUSIVE LABOR RATES Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Contract Management Page 19 of 24 Contractor Company Salary Grade Position/Classification 2024 (Rate) 2025 (Rate) 10 Admin Manager 1 $ [**] $ [**] 10 IT Specialist 3 $ [**] $ [**] 10 Nuclear Supply Chain 3 $ [**] $ [**] 10 Operator 3 $ [**] $ [**] 10 Process Specialist 5 $ [**] $ [**] 10 Project Manager 3 $ [**] $ [**] 10 Project Specialist 3 $ [**] $ [**] 10 Supervisor $ [**] $ [**] 11 Admin Manager 2 $ [**] $ [**] 11 Admin Support 6 $ [**] $ [**] 11 Manufacturing Engineer 3 $ [**] $ [**] 11 Process Specialist 6 $ [**] $ [**] 11 Supply Chain 4 $ [**] $ [**] 11 Supply Chain Supervisor $ [**] $ [**] 12 Engineering Supervisor $ [**] $ [**] 12 IT Specialist 4 $ [**] $ [**] 12 Manufacturing Engineer 4 $ [**] $ [**] 12 Operator 4 $ [**] $ [**] 12 Process Specialist 7 $ [**] $ [**] 12 Program Manager $ [**] $ [**] 12 Project Manager 4 $ [**] $ [**] 12 Project Specialist 4 $ [**] $ [**] 12 Supply Chain 5 $ [**] $ [**] 13 IT Specialist 5 $ [**] $ [**] 13 Manager $ [**] $ [**] 13 Process Specialist 8 $ [**] $ [**] 13 Project Specialist 5 $ [**] $ [**] 13 Supply Chain 6 $ [**] $ [**] 14 IT Manager $ [**] $ [**] 14 Licensing Manager $ [**] $ [**] 14 Principal Project Specialist $ [**] $ [**] 14 Project Manager 5 $ [**] $ [**] 14 Senior Engineering Supervisor $ [**] $ [**]

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – C ALL INCLUSIVE LABOR RATES Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Contract Management Page 20 of 24 Contractor Company Salary Grade Position/Classification 2024 (Rate) 2025 (Rate) 14 Senior Program Manager $ [**] $ [**] 14 $ [**] $ [**] 14 Supply Chain Director $ [**] $ [**] 14 Supply Chain Manager $ [**] $ [**] 15 Operations Manager $ [**] $ [**] 15 Senior Engineering Manager $ [**] $ [**] 15 Senior Manager $ [**] $ [**] 16 Operations Director $ [**] $ [**] 17 Senior Director $ [**] $ [**] E6 Engineer 1 $ [**] $ [**] E7 Engineer 2 $ [**] $ [**] E8 Engineer 3 $ [**] $ [**] E9 Engineer 4 $ [**] $ [**] E10 Engineer 5 $ [**] $ [**] E10 Engineering Program Manager $ [**] $ [**] E11 Chief Engineer $ [**] $ [**] IN Engineering Intern $ [**] $ [**] SAUG1 SAUG Placeholder $ [**] $ [**] SAUG Engineer $ [**] $ [**] SAUG Senior Engineer $ [**] $ [**] SAUG Principal Engineer $ [**] $ [**] SAUG Certrec Support $ [**] $ [**] END OF COMMERCIAL SCHEDULE – C

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – D EQUIPMENT RATES Form 000.430.F0116C (Revision Date: 212Feb2017) Copyright © 2017 Contract Management Page 21 of 24 Contractor Company NOT USED END OF COMMERCIAL SCHEDULE – D

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – E LIST OF SUBCONTRACTORS Form 000.430.F0116C (Revision Date: 212Feb2017) Copyright © 2017 Contract Management Page 22 of 24 Contractor Company The following is a detailed list of the subcontractors proposed for the Work. Once Company has given its non- -objection will be deemed to -objection for all Subcontractor Description of Work Union or Trade Affiliation, if any if the use of this subcontractor is a bid condition Doosan Enerbility Target Rock – Curtiss-Wright EMS NPM Valves Trillium Flow Technologies NPM Valves Paragon I&C PAR Systems Reactor Building Crane ATS Automation MAEB Framatome Fuel Assemblies and Core Handling and Storage Racks Conval Inc. NPM Valves Walter Tosto NPM Sarens NPM Transportation 1. _91.5_ % 2. Percentage of Work performed by subcontractors: _8.5_ % 3. Company reserves the right to request financial information and work experience histories of the proposed subcontractors. END OF COMMERCIAL SCHEDULE – E

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – F MATERIAL SUPPLIERS Form 000.430.F0116C (Revision Date: 212Feb2017) Copyright © 2017 Contract Management Page 23 of 24 Contractor Company NOT USED END OF COMMERCIAL SCHEDULE – F

Client Name: RoPower Nuclear S.A. Project Name: SMR Romania Project Project Location: CONTRACT PART II – COMMERCIAL TERMS COST REIMBURSABLE Contract No.: R1MA-P2-OFS-90-K200 Rev. No.: 0 COMMERCIAL SCHEDULES SCHEDULE – G SMALL TOOLS / EXPENDABLE / CONSUMABLE / SAFETY SUPPLY LIST Form 000.430.F0116C (Revision Date: 23Feb2017) Copyright © 2017 Contract Management Page 24 of 24 Contractor Company NOT USED END OF COMMERCIAL SCHEDULE – G END OF PART II – COMMERCIAL TERMS

Cover	Oct. 09, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 09, 2024
Entity Registrant Name	NuScale Power Corporation
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-1588588
Entity Address, Address Line One	1100 NE Circle Blvd.
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Corvallis
Entity Address, State or Province	OR
Entity Address, Postal Zip Code	97330
City Area Code	(971)
Local Phone Number	371-1592
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Central Index Key	0001822966
Amendment Flag	false
Document Information [Line Items]
Entity File Number	001-39736
Warrant
Cover [Abstract]
Title of 12(b) Security	Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
Trading Symbol	SMR WS
Security Exchange Name	NYSE
Document Information [Line Items]
Title of 12(b) Security	Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
Trading Symbol	SMR WS
Security Exchange Name	NYSE
Common Class A
Cover [Abstract]
Title of 12(b) Security	Class A common stock, $0.0001 par value per share
Trading Symbol	SMR
Security Exchange Name	NYSE
Document Information [Line Items]
Title of 12(b) Security	Class A common stock, $0.0001 par value per share
Trading Symbol	SMR
Security Exchange Name	NYSE

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