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Press release

Studsvik AB: Studsvik visited by Minister for Energy, Business, and Industry and Deputy Prime Minister, Ebba Busch

Studsvik

Today, on May 16th, Minister for Energy, Business, and Industry and Deputy Prime Minister, Ebba Busch, visited Studsvik to discuss Sweden's future need for a new Swedish national nuclear program to succeed in the green transition.

Alongside CEO Camilla Hoflund and Chairman of the Board Jan Bardell, among others, Ebba Busch discussed Sweden's need for more electricity and Studsvik's contribution to the government's Roadmap for New Nuclear Power in Sweden. Studsvik is a location and a business with opportunities to establish a Swedish and international hub for nuclear research and innovation for new nuclear power.

Studsvik may also potentially make land available for new nuclear power plants, with ongoing pre-studies with private stakeholders already in progress.

During the visit, the Minister was given a guided tour of Studsvik's fuel testing laboratory. The laboratory is the only one of its kind in the Nordic region and the world's only privately-owned facility, playing a crucial role in meeting the nuclear industry's needs for fuel qualification and investigations into the lifetime extension of nuclear power plants.

For further information, please contact:

Camilla Hoflund, President and CEO of Studsvik AB, +46 155 22 10 66

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has 530 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

www.studsvik.com

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