OUR VALUE PROPOSITION FOR CZECH NUCLEAR NEW BUILD PROGRAM BASED ON ATMEA1

Vakis RAMANY – EDF – Senior VP for Nuclear Development

Hiroshi MATSUDA – Mitsubishi Heavy Industries, Ltd – General Manager, Nuclear Energy System Division

David TERSIGN – ATMEA – President & CEO 1 AGENDA

1. EDF & MHI proposal for ATMEA1 reactor in Czech Republic 2. Value proposition 3. ATMEA1 benefits from EDF and MHI experience 4. SINOP Project 5. Lessons learned from EPR 6. Conclusion

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 2 1. EDF & MHI PROPOSAL FOR ATMEA1 REACTOR EDF/MHI COOPERATION IN ATMEA1

. ATMEA1: 1200 MWe class reactor

 Based on EPR design and safety philosophy

. EDF & MHI organization

 Lead EDF

 in cooperation with MHI

 ATMEA provides technical support

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 3 1. EDF & MHI PROPOSAL FOR ATMEA1 REACTOR MHI Products and Operation Results MHI COMPANY OVERVIEW (1) in Fiscal Year 2017 (consolidated) Net Sales 4,110.8 billion Yen (€ 31.6 B) Orders Received 3,875.7 billion Yen (€ 29.8 B) POWER SYSTEMS Number of Employees 80,652 • Nuclear Energy Systems • Thermal Power Systems • Offshore Wind Power Systems • Pumps, Marine Machinery, Compressors,

Gen III+ PWR ST rotor Wind Turbine INDUSTRY & INFRASTRUCTURE • Chemical Plants • Shipbuilding & Ocean Development • Land Transportation Systems • Engine, Turbocharger, Material Handling Equipment LNG Carrier LRT AIRCRAFT, DEFENSE & SPACE • Commercial Aircraft (including MRJ) • Defense Aircraft, Missile Systems, Naval Ships

• Space Systems Mitsubishi Regional Jet Submarine JINRYU H-II B

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 4 1. EDF & MHI PROPOSAL FOR ATMEA1 REACTOR MHI COMPANY OVERVIEW (2)

1 1 2 1 2 MIHAMA 3 TSURUGA 2 3 TOMARI 1 1 2 HIGASHIDORI SHIKA 1 2 3 1 2 3 ONAGAWA OHI 4 1 2 3 4 KASHIWAZAKI- 1 5 6 7 KARIWA 2 FUKUSHIMA- 1 2 3 4 5 6 3 FUKUSHIMAⅠ - TAKAHAMA 4 1 2 3 4 Ⅱ 1 1 2 TOKAI 2 3 1 2 SHIMANE 1 2 3 4 5 HAMAOKA 4 GENKAI Note: 1 Green ; Restarted Blue ; Approved (prepare for restart) Pink 1 2 ; Under review SENDAI 2 3 IKATA Dotted line ; To be decommissioned  Number in □ indicates the unit number of the plant site.

MHI is the sole PWR vender in Japan which constructed All 24 PWRs (20,280MW), and has been contributing the restart of the PWRs.

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 5 1. EDF & MHI PROPOSAL FOR ATMEA1 REACTOR INTEGRATED ATMEA1 DESIGN BASED ON PROVEN TECHNOLOGY

APWR TOMARI 3

• Latest Safety Concept • Generation III+ PWR • Advanced system & • ~ 1200 MWe range equipment design • 3 Loops • All Operating feedbacks

EPR KONVOI N4

EdF copyright

ATMEA1: A SISTER DESIGN OF EPR

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 6 1. EDF & MHI PROPOSAL FOR ATMEA1 REACTOR ATMEA COMPANY . In November 2007, MHI and (now ) established ATMEA company for the development of ATMEA1.

. In January 2018, in the course of restructuring of the French nuclear industry, Framatome became an affiliate of EDF. MHI also invested in Framatome and now holds 19.5% shares. ATMEA company is newly formed as a joint venture of MHI and EDF.

. Through the strategic collaboration among MHI, EDF and Framatome, MHI enhances marketing of ATMEA 1 and delivers safe and reliable nuclear technologies worldwide

75.5% 50% 19.5% 50%

Mid-sized Generation Ⅲ+ reactor with highest level of safety features jointly developed by Japan and France

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 7 2. SIX DIMENSIONS OF VALUE PROPOSITION FOR CZECH REPUBLIC NUCLEAR NEW BUILD PROGRAM

ATMEA1, part of EPR family: high performance and highest safety standard

Long term partnership across the lifetime of the project

Extended Know How transfer to the Owner-Operator

Proven localisation approach leveraging Czech industry capabilities

Education & Science collaboration

A cultural and geographical valuable proximity

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 8 3. BENEFITS FROM EDF AND MHI EXPERIENCE SAFETY PHILOSOPHY

. Safety first . Safety philosophy shared with EPR: combination of Advanced Safety Design Highest level of Safety as a GENN III+ reactor • Redundancy: 3 separated trains Robust Defence-inDepth Approach • Diversity: diverse diesel technologies, I&C system, cooling system . Post Fukushima measures . Prevention of external hazards • Air Plane Crash • Flooding • Seism . Mitigation of the consequences of severe accidents • Core Catcher • Hydrogen recombiners

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 9 3. BENEFITS FROM EDF AND MHI EXPERIENCE ATMEA1 DESIGN & LICENSING ACHIEVEMENTS

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2019

2007/12-2008/6: CONCEPTUAL SAFETY FEATURES address: . IAEA’s Fundamental Safety Principles . IAEA’s key Design and Safety Assessment Requirements

2010/6-2012/1: SAFETY OPTIONS . Compliant with French regulations for new reactors

2012-2013: SAFETY DESIGN . In-line with latest Canadian requirements

2016: SEISMIC DESIGN METHODOLOGIES . Aligned with IAEA Safety Standards

Conceptual / Basic Design Generic Detail Design Project licensing

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 10 3. BENEFITS FROM EDF AND MHI EXPERIENCE ATMEA1 TECHNOLOGY: MAIN OPERATING PARAMETERS

. Electrical output • 1200 MWe class

. 60 years life time • Reactor Vessel design (neutron reflector, no penetrations at the bottom of reactor vessel,…)

. High reactor’s availability ~ 92% target • With On-Power Maintenance capability,

. Extended load-follow and frequency control

. Ready for MOX fuel

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 11 3. BENEFITS FROM EDF AND MHI EXPERIENCE INDUSTRIAL SYNERGIES

. Many common design equipment with EPR • synergies of supply chains

. Composed of proven components • Fully experienced by manufacturers

. Benefits from latest proven construction techniques by MHI and the EDF

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 12 4. SINOP PROJECT

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 13 5. LESSONS LEARNED FROM EPR PROJECTS

. Lessons learned from EPR projects • Experience in licensing • Global project organization and Contractual arrangements • Maturity of the design • Gate review process and interface management

. Recent experience of construction • Supply chain is remobilized

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 14 SIX DIMENSIONS OF VALUE PROPOSITION FOR CZECH REPUBLIC NUCLEAR NEW BUILD PROGRAM

EPR / ATMEA1: high performance and highest safety standard

Long term partnership across the lifetime of the project

Extended Know How transfer to the Owner-Operator

Proven localisation approach leveraging Czech industry capabilities

Education & Science collaboration

A cultural and geographical valuable proximity

Czech Parliament | Pragua | February 21th , 2019 | EDF© Copyright | Confidential 15 DĚKUJI

16