FY23 Q2 Performance Report

Genesis Energy utilised favourable market conditions in FY23 Q2 to reduce emissions and portfolio fuel costs. Customer numbers continued to grow, increasing by 2.5% relative to FY22 Q2. Netbacks grew across electricity, gas and LPG. Kupe production was lower, following a scheduled maintenance outage during the quarter. Tracey Hickman, Interim Chief Executive said, "The past quarter demonstrated Genesis' ability respond to market conditions through flexible generation at Huntly. Emissions were 52% lower than the same period last year. We continued to grow customer numbers while maintaining high levels of loyalty and satisfaction." Genesis' FY23 Q2 Performance Report is attached. ENDS For investor relations enquiries, please contact: Tim McSweeney GM Investor Relations & Market Risk M: 027 200 5548 For media enquiries, please contact: Chris Mirams GM Communications & Media M: 027 246 1221 End CA:00405633 For:GNE Type:GENERAL Time:2023-01-23 08:30:33