X-Energy Reactor welcomes Chris Ginther and Kathleen Hyle to its Board of Directors

– USA, MD –  X-Energy Reactor Company, LLC, a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointments of Chris Ginther and Kathleen Hyle to its Board of Directors, effective immediately.

“We are pleased to welcome Chris and Kathleen to the Board during a time of significant growth for our Company. Their extensive leadership experience across industries and in various corporate governance and oversight roles will bring important expertise to our Board as we transition to a public company. With their thorough knowledge and understanding of the nuclear and energy sectors, both will be instrumental in guiding X-energy through our next phase of advanced nuclear energy business growth,” said founder and Executive Chairman, Kam Ghaffarian.

Hyle currently serves on the board of directors for AmerisourceBergen Corporation (NYSE: ABC) and Bunge Limited (NYSE: BG), where she also serves as Board Chair.

About Christopher Ginther

Chris Ginther is EVP of Business Strategy and Commercial Management at Ontario Power Generation, one of the largest clean power producers in North America. He joins X energy’s Board following a total of $40 million in private investments OPG has made in X-energy since 2021, including a $30 million investment in December 2022, and a previously announced OPG commercial partnership with X-energy to pursue opportunities to deploy X energy’s advanced reactors at industrial sites in Canada. As an energy supplier for Canada’s most populous province, OPG is a globally recognized leader in the development and production of clean energy and nuclear energy projects. OPG has identified small modular nuclear reactors as a core component of its strategy to achieve net-zero emissions by 2040.

“As a clean power operator, investor, and owner, OPG believes X energy’s innovative technology and approach are well placed to advance the global delivery of nuclear energy at scale,” said Chris Ginther. “OPG is proud to be a leader in the development and deployment of clean energy projects, and we are excited to provide financial and strategic support for its decarbonization commitments. I look forward to joining X energy’s Board and working closely with the other directors and the management team to realize the Company’s vision.”

As a senior executive at OPG, Ginther is responsible for the company’s business strategy, development, commercial structuring, negotiations, and commercial positioning in support of OPG’s growth strategy. Ginther began his legal career at Torys LLP in Toronto. He has served as VP and General Counsel at BCE/Bell and as Chief Legal Officer at Ontario Lottery and Gaming Corporation.

Chris Ginther received his Bachelor of Arts Degree from the University of Western Ontario in 1983 and graduated from Osgoode Hall Law School in 1986. He received his Master of Laws Degree from Osgoode Hall in 1999.

About Kathleen Hyle

Kathleen Hyle brings a wealth of public company governance, operational, and financial leadership experience to X-energy. Notably, she held multiple senior positions at Constellation Energy Corporation, where, until her retirement, she served as SVP and COO of Constellation Energy Resources, as well as CFO for Constellation Energy Nuclear Group. She also previously served as CFO for ANC Rental Corp. and held the role of Treasurer at both AutoNation, Inc. and Black & Decker Corporation.

“I believe X-energy is uniquely positioned to lead the transition to a zero-carbon economy through the deployment of its more advanced nuclear technology,” said Katleen Hyle. “X-energy represents a tremendous opportunity to support people, businesses, and communities worldwide with clean, reliable energy. It is essential to quickly bring these advancements to the market, and I am honored to help guide X-energy forward in its journey to become a publicly-traded leader in the clean energy generation market.”

She holds a Bachelor of Arts in Accounting from Loyola College, Baltimore, Maryland, and is a Certified Public Accountant.

About X-Energy Reactor Company, LLC

X-Energy Reactor Company, LLC, is a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation that is redefining the nuclear energy industry through its development of safer and more efficient advanced small modular nuclear reactors and proprietary fuel to deliver reliable, zero-carbon and affordable energy to people around the world. X-energy’s simplified, modular, and intrinsically safe SMR design expands applications and markets for the deployment of nuclear technology and drives enhanced safety, lower cost, and faster construction timelines when compared with other SMRs and conventional atomic.

For more information: https://x-energy.com/

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