Terra Innovatum Global N.V. (NKLR) Investor presentation summary

Transaction overview

• Going public via business combination with GSR III Acquisition Corp. (GSRT), valuing equity consideration to existing shareholders at $475 million, with 47.5 million shares at closing and up to 80 million additional shares vesting upon regulatory and share price milestones.

• All net transaction proceeds to be invested in the company, with Terra shareholders rolling over 100% of their equity.

• Anticipated committed financing in connection with the De-SPAC transaction; staged lock-up for shareholders and sponsors aligned with quarterly earnings.

• Pro forma ownership: 60% Terra Innovatum, 34% SPAC shareholders, 7% sponsor shares, assuming no redemptions.

Market opportunity and need

• Global energy demand projected to increase 50% by 2050, with rapid AI adoption and computational needs straining electricity supply.

• Small modular reactor (SMR) market expected to grow from $0.7B in 2025 to $2.7B by 2029 at a 41.7% CAGR.

• U.S. Department of Energy allocated $900M to support SMR deployment; major tech companies exploring SMRs for data centers and infrastructure.

Product and technology overview

• SOLO micro-modular reactor delivers 1MWe/4MWth using commercially available low-enriched uranium (LEU) fuel, with a 45-year operational life and fixed energy cost of $0.07/kWh.

• Factory-assembled, scalable, and deployable for off-grid and behind-the-meter applications; can be used for electricity, heat, and radioisotope production.

• Built-in safety features, no meltdown risk, no emergency zone required, and designed for rapid regulatory approval.