Country status– Posiva/Finland

1. Country status– Posiva/Finland EDRAM Wintermeeting 9th of December 2016 Janne Mokka President

2. Posiva’s strategy Mokka Janne Public Public 4th of November 2016 Mokka Janne

3. Posiva’s business model Added value Outcomes Drivers Enablers Advanced project management procedures Anticipation of changes in oper-ating environment and customer orientation Methodical solving of open issues in final disposal concept Cost risks of final disposal are reduced significantly Utilisation of industrial solutions Good leadership, competency and a decisive attitude Main project and sub-projects proceed as planned on schedule and on budget Good work commu-nity and a culture supporting task changes Safe and cost-efficient final disposal is started Actions based on values and safety objectives Competitive execution Increasing cost-stability of production and reducing costs Posiva has a good reputation Services marketing projects Trust in Posiva’s operation 3

4. First excavation works for Posiva's final disposal facility to begin - YIT as contractor Press release 29.11.2016 • Posiva Oy and YIT Construction Ltd have today signed a contract on the excavation of the first tunnels for Posiva's final disposal facility. The value of the contract is about EUR 20 million, and the estimated employment resulting from the contract, including the subcontractors, is about 100 – 125 person years. • YIT will start the excavations in December. The total length of this project phase is estimated to be about two and a half years. The contract covers, for example, the excavation of the first central tunnels as well as the vehicle access tunnels to them. Preparatory excavations are also carried out as well as rock sealing works in preparation for the raise boring of a canister shaft where the canister lift will later be installed. Excavation works for the canister receiving station at the depth of ca. 430 metres are also part of the contract. The Radiation and Nuclear Safety Authority in Finland (STUK) has concluded in the decision it issued on November 25, 2016 that Posiva is in the position to start the construction of the final disposal facility. The decision and the contract that has now been awarded make it possible to launch the first licensed work phases of the final disposal facility as referred to in the construction licence. - The Finnish Government granted Posiva the construction licence for the final disposal facility in November 2015. Preparations for the construction stage have proceeded well, and we are now able to start the first actual excavation work phase for the final disposal facility together with YIT, Posiva's President Janne Mokka concludes with satisfaction.- Co-operation with Posiva has been successful already during the previous excavation contract.  When both parties share the same objectives and interests, cooperation becomes more flexible and competences can be utilised more effectively, says Ari Bergström, Vice President of rock construction at YIT.The next construction contracts related to the construction of the final disposal facility will be awarded as the project progresses. Tiina Jalonen

5. Other significant actions since last meeting 1/2 • Decision start concept and cost optimization phase following main targets: • About 50% of open items in CL are solved • Project proceeds as planned and authority approval for special component are received • Cost certainty for planned costs has bee increased 9th of November 2016 Mokka Janne

6. Other significant actions since last meeting 2/2 • Subsidiary company Posiva Solutions Oy founded to provide services in commercial basis • Some internal interest in addition to commercial interest and interest to support customers in their programs • To incentivise personnel to close open R&D-issues • Keep the design basis knowledge in the future 9th of November 2016 Mokka Janne