Spring Valley Acquisition Corp. II — Director's Dealing 2026

Mar 4, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Spring Valley Acquisition Corp. II (SVII)
CIK: 0001843477
Period of Report: 2026-02-24

Reporting Person: Spring Valley Acquisition Sponsor II, LLC (10% Owner)
Reporting Person: PEARL ENERGY INVESTMENTS II, L.P. (10% Owner)
Reporting Person: Pearl Energy Investment II GP, L.P. (10% Owner)
Reporting Person: Pearl Energy Investment II UGP, LLC (10% Owner)
Reporting Person: Quinn William J (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-24	Class A ordinary shares	C	1	—	Acquired	7546667	Indirect
2026-02-24	Class A ordinary shares	J	7546667	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-24	Class B ordinary shares	$	C	1	Disposed		Class A ordinary shares (1)	Indirect
2026-02-24	Warrant	$11.5	J	13350000	Disposed	2031-02-26	Class A ordinary shares (13350000)	Indirect

Footnotes

F1: Represents one Class B ordinary share of Spring Valley Acquisition Corp. II (the "Issuer") that converted into one Class A ordinary share of the Issuer in connection with the consummation of the business combination (the "Business Combination") pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of September 29, 2025, by and among Eagle Nuclear Energy Corp. ("New Eagle"), Spring Valley Acquisition Corp. II (the "Sponsor"), Eagle Energy Metals Corp., Spring Valley Merger Sub III, Inc., and Spring Valley Merger Sub II, Inc.

F2: The reported securities were held directly by the Sponsor. The Sponsor is controlled by Pearl Energy Investment II, L.P. ("Pearl"). Pearl is controlled by its general partner, Pearl Energy Investment II GP, LP ("Pearl GP"), and Pearl GP is controlled by its general partner, Pearl Energy Investment II UGP, LLC ("Pearl LLC"). Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by Pearl, Pearl GP and Pearl LLC. Each such reporting person under this Form 4 disclaims beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities

F3: Disposed of in automatic exchange for shares of common stock of New Eagle in connection with the consummation of the Business Combination.

F4: The Class B ordinary shares of the Issuer were automatically convertible into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination or earlier at the option of the holder, on a one-for-one basis (subject to adjustment), and had no expiration date.

F5: Represents private placement warrants acquired by the Sponsor in connection with the Issuer's initial public offering, which warrants were converted into warrants of New Eagle to purchase shares of New Eagle common stock, at an exercise price of $11.50 per share, in connection with the consummation of the Business Combination.