Nuscale Power Corp

The Company uses its incremental borrowing rate to determine the present value of the lease when the rate implicit in the lease is not readily determinable.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

Class B common stock represents a right to cast one vote per share at the NuScale Corp level, and carries no economic rights, including rights to dividends or distributions upon liquidation, and as a result, is not considered a participating security for basic and diluted loss per share.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

These forward-looking statements include statements relating to strategic and operational plans and expectations (including our preparation for commercialization; our positioning well ahead of others in the market; and progress toward deploying our technology and providing energy technology for communities around the world), capital deployment, future growth, new awards, backlog, earnings, and the outlook for the Company s business.

SEC original ↗Nuscale Power Corp — Earnings release (8-K exhibit)EX-99Aug 7, 2025

All statements, other than statements of historical fact included in this Form 10-Q, including, without limitation, statements regarding our financial position and business strategy and the expressed or implied expectations, beliefs, intentions, plans and objectives of management for future operations, are forward-looking statements.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

federal income tax or state tax purposes; requirements under the Tax Receivable Agreement; we have and may in the future be subject to short selling strategies; we have and may in the future become involved in litigation; and other factors and uncertainties as are described in the section titled Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the 2025 Annual Report on Form 10-K ).

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

The Company has entered into a series of agreements, whereby ENTRA1 is NuScale s exclusive global strategic partner for the commercialization and development of power plants utilizing NPMs.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

As a basis for considering such assumptions, the Company uses a three-level hierarchy, which prioritizes fair value 11 NuScale Power Corporation Notes to the Unaudited Condensed Consolidated Financial Statements (in thousands, except shares and per share amounts) measurements based on the types of inputs used for the various valuation techniques (market approach, income approach and cost approach).

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission (the SEC ), including the general economic conditions and other risks, uncertainties and factors set forth in the section entitled Cautionary Note Regarding Forward-Looking Statements and Summary of Risk Factors in the Company s Annual Report on Form 10-K for the year ended December 31, 2024 and in subsequent filings with the SEC.

SEC original ↗Nuscale Power Corp — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 26 Item 1A.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

federal income tax or state tax purposes; requirements under the Tax Receivable Agreement; we have and may in the future be subject to short selling strategies; we have and may in the future become involved in litigation; and other factors and uncertainties as are described in the section titled Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the 2025 Annual Report on Form 10-K ).

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

If one or more of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026

The Company s activities are subject to significant risks and uncertainties, including our ability to enter into binding contracts with customers to deliver NPMs and our need to continue to secure funding to sustain operations until we reach commercialization and obtain customers.

SEC original ↗Nuscale Power Corp — 10-Q Quarterly report10-QAug 5, 2026