Genesis Energy Limited · NZX:GNE
Genesis Energy — Shareholder Meeting (October 2026)
28 slides from Genesis Energy's shareholder meeting presentation, Oct 20, 2026
Slide 1: Annual Shareholder Meeting
Genesis Energy 20 October 2026 ANNUAL SHAREHOLDER MEETING Malcolm Johns Chief Executive Barbara Chapman CNZM Chairman
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Genesis Energy Limited (“Genesis Energy”) for information Forward-looking statements can generally be identified by the use of words such as purposes only. This disclaimer applies to this presentation. For these purposes, “presentation” “approximate”
Slide 3: Message from the Chair
MESSAGE FROM THE CHAIR Barbara Chapman CNZM Chairman 3
Slide 4: How to participate in virtual/hybrid meetings and ask a question
HOW TO PARTICIPATE IN VIRTUAL/ HYBRID MEETINGS AND ASK A QUESTION ONLINE QUESTIONS SHAREHOLDER & PROXYHOLDER Q & A PARTICIPATION If you have a question to submit during the live meeting, please select the Q & A tab on the right half of your screen at anytime. Type your question into the field and pr
Slide 5: Agenda
AGENDA 01 Board Highlights 02 Chief Executive Overview 03 Q&A Session 04 Resolution 05 General Business Annual Shareholders’ Meeting 5 20 October 2026
Slide 6: Our Board
OUR BOARD Genesis Energy’s Board of Directors set the company’s strategic direction, creating long-term value for shareholders while balancing the needs of our customers, stakeholders and the environments in which we operate. Warwick Hunt James Moulder Hinerangi Raumati- MNZM, BACC (HONS), FCA, FKCL
Slide 7: Corporate Governance FY2026
CORPORATE GOVERNANCE FY2026 Genesis Director skills matrix Skill/Experience Director Expertise Governance Capabilities Business strategy and leadership experience A proven record of developing and executing business strategy Experience in listed company governance and driving and assessing the Liste
Slide 8: Operating Environment
OPERATING ENVIRONMENT Affordability & Security Policy & Regulation MARKET PERFORMANCE NEW MARKET RULES Frontier Economics review concluded Non-discrimination regime SECURITY OF SUPPLY UNDER CONSIDERATION Security settings under review Reliability obligations FIRMING OPTION ELECTION AHEAD LNG procu
Slide 9: FY26 Financial Performance
FY26 FINANCIAL PERFORMANCE EBITDAF Dividends $522m 14.88 cps Up $52m yoy (normalised) Fixed dividend supported by FY26 Normalised EBITDAF of $522m and FY26 OP FCF $322m. FY27 Guidance Capital raise $480-520m $400m Assumes P50 inflows and ~2.8 - 2.9 Balance sheet positioned for TWh of hydro generatio
Slide 10: Health Safety and Wellbeing
HEALTH SAFETY AND WELLBEING
Slide 11: Emissions Volatility
EMISSIONS VOLATILITY. f mm
Slide 12: Acknowledgements
ACKNOWLEDGEMENTS
Slide 13: Message from the Chief Executive
MESSAGE FROM THE CHIEF EXECUTIVE Malcolm Johns Chief Executive 13
Slide 14: Our Executive Team
OUR EXECUTIVE TEAM Our Executive Team delivers strategy approved by the Board to serve our customers and reward our shareholders. The Team provides directors with accurate and timely information on company operations, performance, legal obligations and reputation. 1. 5. Emma Oettli Matthew Osborne C
Slide 15: GEN35 – Our Strategy
GEN35 – OUR STRATEGY Annual Shareholders’ Meeting 15 20 October 2026
Slide 16: FY26 Strategy Delivery Highlights
FY26 STRATEGY DELIVERY HIGHLIGHTS MARGIN COST STRONG CAPITAL QUALITY DISCIPLINE MANAGEMENT Group Gross Cost to serve Capital raise Margin $949m $75 CTS/ICP $400m Retail Netback Core Opex $2.2bn growth $176/MWh $377m pipeline being delivered Average Generation Digital FY26 Dividends cost $61/MWh Inve
Slide 17: Customer, Renewables, Huntly, Technology
CUSTOMER RENEWABLES HUNTLY TECHNOLOGY
Slide 18: Life at Full Power
LIFE AT FULL POWER
Slide 19: Delivering FY28 Outlook
DELIVERING FY28 OUTLOOK Earnings Growth: Credible path to upper $500m EBITDAF Customer Customer books well positioned and returned to growth in line with plan Wholesale forward curve broadly aligns with our LCOE view, with near-term headwinds possible Upper Renewables $500m Investment lowering avera
Slide 20: FY32 Growth Plan
FY32 GROWTH PLAN HORIZON 2 OF GEN35 FY32 Outlook: $650m - $750m FY26: Normalised to $522m FY26 Customer Renewables Huntly Opex Headwinds FY32 Customer Renewables >2TWh Huntly OPEX Headwinds Demand Growth: electrification of Cost Out: lower average generation Flexibility: firming, peaking, trading Co
Slide 21: Our People
OUR PEOPLE
Slide 22: Thank You
THANK YOU
Slide 23: How to participate in virtual/hybrid meetings and ask a question
HOW TO PARTICIPATE IN VIRTUAL/ HYBRID MEETINGS AND ASK A QUESTION ONLINE QUESTIONS SHAREHOLDER & PROXYHOLDER Q & A PARTICIPATION If you have a question to submit during the live meeting, please select the Q & A tab on the right half of your screen at anytime. Type your question into the field and pr
Slide 24: How to vote in virtual / hybrid meetings
HOW TO VOTE IN VIRTUAL / HYBRID MEETINGS SHAREHOLDER & PROXYHOLDER VOTING › Once the voting has been opened, the resolutions and voting options will allow voting. › To vote, simply click on the Vote tab, and select your voting direction from the options shown on the screen. › Your vote has been cast
Slide 25: Resolution 1: Election of Simon Mackenzie
RESOLUTION 1 Election of Simon Mackenzie Director 25
Slide 26: Summary of Proxy Votes
SUMMARY OF PROXY VOTES As at 18 October 2026 Annual Shareholders’ Meeting 26 20 October 2026
Slide 27: General Business
GENERAL BUSINESS
Slide 28: Ngā Mihi Thank You
NGĀ MIHI THANK YOU Contact Michael Hunter General Manager Investor Relations & Corporate Valuation +64 21 073 1603