• Document: An Overview of the Integral Molten Salt Reactor
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THE FUTURE OF ENERGY IS IMSR 1 Presentation to IAEA MSR Workshop 1st Nov 2016 An Overview of the Integral Molten Salt Reactor © Terrestrial Energy Inc. 2016 1 THE FUTURE OF ENERGY IS IMSR 2 DISCLAIMER • This presentation may contain “forward-looking information” as such term is defined under applicable Canadian securities laws. Forward-looking information is disclosure regarding possible events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action and may include future-oriented financial information (“FOFI”) and information presented in the form of a “financial outlook” with respect to prospective results of operations, financial position or cash flows that is presented either as a forecast or a projection. • • Investors are advised that forward-looking information is subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from expectations as expressed or implied within this presentation. Forward-looking information reflects current expectations with respect to current events and is not a guarantee of future performance. Any forward-looking information that may be included or incorporated by reference in this presentation, including any FOFI or a “financial outlook”, is presented solely for the purpose of conveying the current anticipated expectations of management and may not be appropriate for any other purposes. Investors are therefore cautioned not to place undue reliance on any such forward-looking information and are advised that the company is not under any obligation to update such information, other than as may be required under applicable securities laws and/or as agreed to in contract. © Terrestrial Energy Inc. 2016 2 THE FUTURE OF ENERGY IS IMSR 3 INTRODUCTION TO TERRESTRIAL ENERGY • Terrestrial Energy • Commercializing an Advanced Nuclear technology that can compete with fossils fuels combustion and “change the game” • Technology – next generation Molten Salt Reactor (“MSR”) • High technology readiness for market deployment in the 2020s • Completing basic/preliminary engineering work - TEI’s Canadian siting project: first commercial IMSR™ power plant (400 MWth reactor) at a site in Canada in the 2020s • Commenced Phase I of CNSC VDR - TEUSA’s US siting project: first commercial IMSR™ power plant (400 MWth reactor) at a site in US in the 2020s • Invited to submit Part II DOE loan guarantee application • Idaho National Laboratory, ID, USA is a lead candidate site • Terrestrial Energy is a leading advanced reactor developer in a fast developing cleantech sector © Terrestrial Energy Inc. 2016 3 THE FUTURE OF ENERGY IS IMSR 4 RECENT MILESTONES  Commenced regulatory engagement - signed CNSC Service Agreement for IMSR™ Vendor 1Q 2016 Design Review  Awarded $5.7mn cleantech grant by SDTC Canadian Federal Government  Formed Corporate Industrial Advisory Board with senior executives from ENW, OPG, PSEG, April 2016 Southern Company  Terrestrial Energy USA Ltd (TEUSA) awarded GAIN grant from United States Department of June 2016 Energy  $22.5mn funding milestone reached on completion of $5.3mn Series 2 Preferred August 2016 Investment Round  TEUSA receives invitation to submit Part II for a United States Department of Energy $800 September 2016 Mn to $1.2 Bn lo

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