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Regulatory press release

Studsvik AB: Studsvik's Head of Business Area Scandpower, Rob Whittle, has passed away suddenly

Studsvik
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"It is with immense sadness today that we received this tragic news," says Studsvik's CEO Camilla Hoflund.

Rob Whittle joined the Group in 2021 as President of the Scandpower Business Area. He contributed new perspectives to the business area despite his short time at Scandpower.

"We will feel his loss deeply, both on a personal and professional level. Rob has built up a strong organization in the business area", concludes Camilla Hoflund.

W. A. Art Wharton III has today been appointed acting President of the Scandpower Business Area.

For further information please contact:

Camilla Hoflund, President and CEO, +46 076 002 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 and technical platforms for handling, conditioning, and volume reduction of radioactive waste. The company has more than 70 years' experience of nuclear technology and radiological services. Studsvik has 520 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on October 6, 2022, at 07:30 pm (CET).

www.studsvik.com

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