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Genesis Gen35 Digital project spend remains on track

Operational Update26 August 2025GNEUtilities

MARKET RELEASE
Date: 26 August, 2025

NZX: GNE / ASX: GNE



Genesis Gen35 Digital project spend remains on track.


Following investor queries, Genesis is pleased to confirm that total investment in Gen35 ‘Big

Rock’ digital projects over the FY24 to FY27 period remains in line with previously

communicated budget.


The ‘Big Rock’ initiatives include the companies' Billing and CRM modernisation, upgrade of

the General Ledger finance systems as part of our Powered Finance initiative and a series of

upgrades to the Wholesale Markets and Trading systems.


Reconciliation between Investor Day 2023 and current outlook:






ENDS

Investor contact

David Porter, Investor Relations Manager

david.porter@genesisenergy.co.nz

+64 20 4184 1186

Media contact

Estelle Sarney, External Communications Manager

estelle.sarney@genesisenergy.co.nz

+64 27 269 6383

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