›The Advanced Fuel CANDU Reactor & its contribution to a sustainable fuel cycle

›Preston Swafford, Chief Nuclear Officer & EVP, Nuclear PBNC, April 6, 2016

Global expertise delivered locally

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Power sector expertise

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Nuclear capabilities

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World-class safety

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› We put people first

› Our goal: ‘zero injuries and incidents’

across our offices and worksites

Ethics & compliance

› Strong ethics & compliance culture

› Compliance training and annual

certification for all employees

› Antitrust and competition policy

Canada’s Life Extension of CANDU Reactors

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› Leading role in Climate Change

› Over $25 billion investment

› 30 year life extension of 10 CANDU units at

Darlington and Bruce Power

The AFCR™

& its contribution to a

sustainable fuel cycle

China – Canada partnerships

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› Long history of co-operation since the 1990s

› Qinshan CANDU project a great success

› Successful demonstration of Natural

Uranium Equivalent (NUE) fuel

Collaboration on CANDU new build projects

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CANDU fuel cycle

AFCR advantages

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› No fundamental design changes needed

› No re-enrichment needed for NUE or RU fuel

› Neutron economy for Th fuel

› Synergies with LWR fleets

2014: Major AFCR milestones

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- Copyright - © [2016] SNC-Lavalin Inc. and its member companies. All rights reserved. Unauthorized use or reproduction is prohibited. 13

AFCR benefits to China

› Increasing the utilization of Uranium reserves by 20%

› Increasing China’s low carbon electricity production

by 2 billion MWh per year

› Displacing 26 million tonnes of CO2 per year

› Reducing the overall spent fuel burden

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Vision for the future

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› CANDU technology key to “greening” China’s

nuclear energy production

› China – Canada co-operation mutually beneficial

› Our partnerships can power the world

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