Genesis in period of exclusivity with ChargeNet

Genesis Energy has entered into a period of exclusivity with ChargeNet, New Zealand’s leading provider of electric vehicle (EV) charging solutions and infrastructure. During this period the parties are expecting to conclude terms for a strategic partnership including an equity interest in ChargeNet. The discussions reflect Genesis' view of the importance of electrification of transport as part of New Zealand’s energy transition and ambition to participate in one of the most significant and emerging retail value pools. Further details will be provided as and when negotiations conclude. 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