Excelerate Energy, Inc. · NYSE:EE
Excelerate Energy — Merger or Acquisition (March 2025)
12 slides from Excelerate Energy's merger presentation, Mar 27, 2025
Slide 1: Acquisition of Jamaica Downstream LNG and Power Infrastructure Platform
EXCELERATE wy) ENERGY Acquisition of Jamaica Downstream LNG and Power Infrastructure Platform March 27, 2025
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements Act of 1995 as contained in Section 274 of the Secutes Act of 1935 as amended, and Section 21E of the Securities Exchange Act of 1934, 28 lmpany') and sar industry that involve substantia aks and uncereaihdles Al statements ather than statements of hitorcalfac
Slide 3: Transaction Summary
Transaction Summary Purchase Price Assets and Operations Acquired Expected Financing Transaction Accretion Expected Close Purchase price of $1.055 billion, payable in cash » No assumed debt ~9x Jamaica business 2025E Adjusted EBITDA multiple Montego Bay LNG Terminal - Regasification & LNG Storage an
Slide 4: Acquisition of Jamaica Business Fully Aligned with Growth Strategy
Excelerate Energy's Acquisition of Jamaica Business Fully Aligned with Growth Strategy Strategic Fit Projected Benefits Ownership of acquired terminals and downstream infrastructure will enhance long-term contract revenue and margins Acquired assets diversify geographic exposure and customer base an
Slide 5: Jamaica Business Overview
Jamaica Business Overview Acquired Assets & Operations Jamaica Business By the Numbers ‘Clarendon CHP Plant Total Jamica Electricity Contract Ela Generation by Fuel Type’ Type? ‘Owned birect Pipeline sssebe Owned Truck Transportation Customers BE krivoston Jamaica Montego Bay Terminal ORE EEGs faria
Slide 6: Investment Highlights
Investment Highlights Complements Excelerate's operational expertise while enhancing our contract profile and growth strategy 0 Fully Integrated Downstream LNG Import and Power Infrastructure with High Barriers to Entry (2) Long-Term Contracted Assets with High-Quality Customers (3) Provider of “Las
Slide 7: Fully Integrated Downstream LNG Import and Power Infrastructure with High Barriers to Entry
@ Fully Integrated Downstream LNG Import and Power Infrastructure with High Barriers to Entry One of four gas-fired power plants in Jamaica, providing essential power to Jamaican grid & steam to Jamalco Alumina Refinery LNG import infrastructure located in a key Atlantic Basin natural gas market Jam
Slide 8: Long-Term Contracted Assets with High-Quality Customers
© Long-Term Contracted Assets with High-Quality Customers Infrastructure-like contract profile with attractive long-term offtake tenor and robust recontracting opportunities ~13 Years of Weighted Average Contract Life, ~21 Years Including Extensions™ 2025 2030 2035 ood 2oKs 7080 Oid Harbour ~th year
Slide 9: Provider of Last-Mile LNG Infrastructure in Atlantic Basin Natural Gas Market
© Provider of "Last-Mile" LNG Infrastructure in a Desirable Atlantic Basin Natural Gas Market Diversifies Geographic and Operational Exposure with position in a desirable Atlantic Basin natural gas market with access to abundant Gulf Coast LNG supply sources Complements Excelerate's Existing LNG Sup
Slide 10: Pipeline of Potential Growth Opportunities
© Pipeline of Potential Growth Opportunities UXte Bunkering Potential to use existing infrastructure and assets to service additional commercial ships in high- traffic location * Expanding fleet of LNG vessels with strong demand for long-term contracts + Currently bunkering on a spot basis, allowing
Slide 11: Acquisition of Jamaica Business Fully Aligned with Growth Strategy
Excelerate Energy's Acquisition of Jamaica Business Fully Aligned with Growth Strategy Strategic Fit Projected Benefits w Ownership of acquired terminals and downstream infrastructure will enhance long-term contract revenue and margins Acquired assets diversify geographic exposure and customer base
Slide 12: EXCELERATE
EXCELERATE ENERGY
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