FY26 Q1 Performance Report

FY26 Q1
Performance Report
Genesis Energy Limited FY26 Q1 Performance Report 1.

Disclaimer
This report has been prepared by Genesis Energy Limited
(“Genesis Energy”) or (“the Company”) for information
purposes only and relates to the operational performance of
the Company for the third quarter of the financial year ending
30 June 2025. The information contained in this report is
unaudited.
This disclaimer applies to this report. For these purposes,
“report” means this document and the information contained
within it, as well as the verbal or written comments of any
person presenting it.
This report is of a general nature and does not purport to
be complete nor does it contain all the information required
for an investor to evaluate an investment.
This report might contain forward-looking statements.
Forward-looking statements could include projections and
may include statements regarding Genesis Energy’s intent,
belief or current expectations in connection with its future
operating or financial performance or market conditions.
Forward-looking statements in this report may also include
statements regarding the timetable, conduct and outcome
of the general strategy of Genesis Energy, statements about
the plans, targets, objectives and strategies of Genesis Energy,
statements about the industry and the markets in which
Genesis Energy operates and statements about the future
performance of, and outlook for, Genesis Energy’s business.
Any indications of, or guidance or outlook on, future earnings
or financial position or performance and future distributions
are also forward-looking statements.
Forward-looking statements in this report are not guarantees
or predictions of future performance, are based on current
expectations and involve risks, uncertainties, assumptions,
contingencies and other factors, many of which are outside
Genesis Energy’s control, are difficult to predict, and which
may cause the actual results or performance of Genesis
Energy to be materially different from any future results or
performance expressed or implied by such forward-looking
statements. This risk of inaccuracies may be heightened in
relation to forward-looking statements that relate to longer
timeframes, as such statements may incorporate a greater
number of assumptions and estimates. Genesis Energy gives
no warranty or representation in relation to any forward-
looking statement, its future financial performance or any
future matter. Forward-looking statements speak only as of
the date of this report.
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“assume”, “guidance”, “outlook” or similar expressions.
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NZX Listing Rules that requires it to notify certain material
information to NZX for the purpose of that information being
made available to participants in the market. This report
should be read in conjunction with Genesis Energy’s periodic
and continuous disclosure announcements released to NZX,
which are available at www.nzx.com.
While all reasonable care has been taken in compiling this
report, to the maximum extent permitted by law, Genesis
Energy accepts no responsibility for any errors or omissions,
and no representation is made as to the accuracy,
completeness or reliability of the information, in this report.
This report does not constitute financial, legal, financial,
investment, tax or any other advice or a recommendation
and nothing in this report should be construed as an invitation
for any subscription for, or purchase of, securities in Genesis
Energy.
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otherwise stated.
Except as required by law, or the rules of any relevant
securities exchange or listing authority, Genesis Energy is
not under any obligation to update this report at any time
after its release, whether as a result of new information,
future events or otherwise.
23 Oct 2025 – Quarterly Performance Report
Genesis Energy Limited FY26 Q1 Performance Report 2.

Retail
1,874 GWh
Total Electricity Sales
WholesaleKupe
2
188 GWh increase on pcp
1
502,765
Total Customers
0.9% increase on pcp
$181/MWh
Electricity Netback
17.7% decrease on pcp
904 GWh
Hydro Generation
218 GWh increase on pcp
258 GWh
PPA Electricity Generation
3
Thermal Generation
498 GWh decrease on pcp
1.PCP refers to Q1 FY25 unless otherwise stated.
2.Represents Genesis’ 46% share of Kupe JV volumes.
3.Includes JV and third party PPAs
1.6 PJ
0.2 PJ decrease on pcp
7.6 kt
0.4 kt decrease on pcp
784 GWh
Oil Production
Kupe LPG Sales
Kupe Gas Sales
135 GWh increase on pcp
32 kbbl
14.7% increase on pcp
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
FY26 Q1 Performance Highlights
Genesis Energy Limited FY26 Q1 Performance Report 3.

•Billing and CRM Re-platform - Release 1 on track for
go-live before end October (circa 50k ICPs); release 2
well underway.
•Customer Flexibility - Peak flex lifted to 56 MW
•Electrification of Transport - ChargeNet grown to >520
fast-chargers nationwide & a net growth of 1,500 new
EV customers
•Wind - No further update.
•Solar - Leeston Solar Farm reached completion in
October with Genesis taking full ownership & control.
•BESS - Foundations ready for deliveriesby Dec.
Transformer manufacturing progressing well.
•Gas - Gas sale contractprovides seasonal flexibility that
will support Q2 FY26.
•Biomass - CarbonaMOU signed (120ktpa); Foresta Term
Sheet signed (180 ktpa); Supply negotiations underway,
including $6m EECA funding
Gen35 8by28 Progress
Digital Investment
Customer
Margin
growth
Renewables
Thermal
displacement
Flexibility
Monetising
flexibility
Genesis Energy Limited FY26 Q1 Performance Report 4.
Genesis remains on track to deliver the following three “Big Rock” initiatives within the $145m envelope as previously advised:
1. Billing and CRM modernisation;
2. Upgrade of the General Ledger finance system; and
3. Upgrades to the Wholesale and Markets Trading systems
Notes:
1.Phasing of project spend between FY26/FY27 years is evolving in line with different phases of delivery
2.$145m excludes ~$15m annualised spend for on-going digital programme
3.$145m is subject to SaaS accounting conventions and is gross of any costs deferred to prepayments

Huntly
Hydro Schemes
Commercial Businesses
Q1 Performance:
•Hydro generation of 904 GWh (+24% pcp).
•Genesis lake levels increased from 102% of average at
30 June to 113% of average at 30 September.
Planned Outage campaigns in progress, including:
•Rangipo turbine and Main Inlet Valve (MIV) overhaul
and governor replacement.
•Kaitawa penstock recoating and MIV refurbishment.
•Rangipo sluice gate overhaul.
Unit 5:
•Planned outage commenced on 1
st
October for 3
months, with 2 PJ of gas on-sold. Planned hot
inspection to be completed during shutdown.
Huntly Firming Options (HFOs)
•New HFOs under the Commerce Commission cross-
submission process.
•Strategic coal stockpile (600kt) in place and funded.
Local Coal Supply
•2-year contract signed with BT Mining for 240kt of
indigenous coal over the next two years.
Huntly Rankine planned outage includes:
•Unit 1 circuit breaker replacement preparations
•Unit 4 circuit breaker & main boiler feed pump
replacement near completion.
LPG:
•Two new LPG depots progressing:
-Drury, on track for commissioning in early 2026.
-Dunedin, in the detailed design phase.
•Total LPG Retail sales 12.3 kt.
•Workdays lost 114 (-60%pcp).
Kupe JV:
•Q1 production is stable and above the Operator’s
forecast.
•JV Partners continues to focus on optimising value
from late-life asset operations to ensure good cost
and reliability management.
Operational Update
Genesis Energy Limited FY26 Q1 Performance Report 5.

FY26 Q1 Operating Performance
Genesis Energy Limited FY26 Q1 Performance Report 6.
1
Methodology changed in Q4 FY25 to include volumes generated from customers’ rooftop solar. Prior periods unadjusted as impact is immaterial.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
Q1 FY26Q1 FY25VarianceYTD FY26YTD FY25
ELECTRICITYVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Volume
Rate per unit$m VolumeRate per unit$m
Retail Resi Electricity920 GWh$321/MWh295.6970 GWh$281/MWh272.5(50) GWh$40/MWh23.1920 GWh$321/MWh295.6970 GWh$281/MWh272.5
Retail SME Electricity254 GWh$318/MWh80.8270 GWh$266/MWh71.8(16) GWh$52/MWh9.1254 GWh$318/MWh80.8270 GWh$266/MWh71.8
Retail C&I Electricity457 GWh$265/MWh121.0446 GWh$237/MWh105.811 GWh$27/MWh15.2457 GWh$265/MWh121.0446 GWh$237/MWh105.8
Ecotricity Electricity242 GWh$323/MWh78.00 GWh-0.0242 GWh$323/MWh78.0242 GWh$323/MWh78.00 GWh-0.0
Total Retail Sales1,874 GWh$307/MWh575.41,686 GWh$267/MWh450.0188 GWh$40/MWh125.41,874 GWh$307/MWh575.41,686 GWh$267/MWh450.0
Wholesale Electricity Sales1,695 GWh$138/MWh234.11,971 GWh$338/MWh666.8(276) GWh$(200)/MWh(432.7)1,695 GWh$138/MWh234.11,971 GWh$338/MWh666.8
Total Derivative Settlements32.8(16.2)49.132.8(16.2)
Generation Costs - Thermal784 GWh$153/MWh120.31,281 GWh$138/MWh177.4(498) GWh$15/MWh(57.1)784 GWh$153/MWh120.31,281 GWh$138/MWh177.4
Generation Costs - Renewable904 GWh-0.0690 GWh-0.0215 GWh-0.0904 GWh-0.0690 GWh-0.0
Generation Costs - Total1,688 GWh$71/MWh120.31,971 GWh$90/MWh177.4(283) GWh$(19)/MWh(57.1)1,688 GWh$71/MWh120.31,971 GWh$90/MWh177.4
Retail Purchases
Retail Purchases1,967 GWh$141/MWh276.61,778 GWh$325/MWh577.3189 GWh$(184)/MWh(300.7)1,967 GWh$141/MWh276.61,778 GWh$325/MWh577.3
Transmission and Distribution Costs213.5171.641.9213.5171.6
GASVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Volume
Rate per unit$m VolumeRate per unit$m
Retail Resi Gas0.8 PJ$51.5/GJ42.30.9 PJ$42.8/GJ39.4(0.1) PJ$8.7/GJ2.90.8 PJ$51.5/GJ42.30.9 PJ$42.8/GJ39.4
Retail SME Gas0.5 PJ$38.0/GJ18.20.5 PJ$28.5/GJ14.9(0.0) PJ$9.5/GJ3.30.5 PJ$38.0/GJ18.20.5 PJ$28.5/GJ14.9
Retail C&I Gas0.8 PJ$35.5/GJ29.71.0 PJ$24.2/GJ23.9(0.1) PJ$11.2/GJ5.90.8 PJ$35.5/GJ29.71.0 PJ$24.2/GJ23.9
Total Retail Sales2.1 PJ$42.2/GJ90.32.4 PJ$32.2/GJ78.1(0.3) PJ$10.0/GJ12.12.1 PJ$42.2/GJ90.32.4 PJ$32.2/GJ78.1
Wholesale Sales0.1 PJ$10.2/GJ0.70.0 PJ$12.5/GJ0.20.1 PJ$(2.3)/GJ0.50.1 PJ$10.2/GJ0.70.0 PJ$12.5/GJ0.2
Cost of Gas2.2 PJ$14.9/GJ33.02.4 PJ$14.9/GJ36.5(0.2) PJ$(0.0)/GJ(3.5)2.2 PJ$14.9/GJ33.02.4 PJ$14.9/GJ36.5
Transmission and Distribution Costs30.729.80.930.729.8
LPGVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Volume
Rate per unit$m VolumeRate per unit$m
Bottled LPG Sales5.4 kt$3,443/t18.46.1 kt$3,341/t20.5(0.8) kt$102/t(2.0)5.4 kt$3,443/t18.46.1 kt$3,341/t20.5
SME & Other Bulk LPG Sales7.0 kt$2,232/t15.57.7 kt$1,915/t14.7(0.7) kt$317/t0.87.0 kt$2,232/t15.57.7 kt$1,915/t14.7
Total Retail Sales12.3 kt$2,759/t34.013.8 kt$2,547/t35.2(1.5) kt$212/t(1.2)12.3 kt$2,759/t34.013.8 kt$2,547/t35.2
Wholesale LPG Sales0.6 kt$1,133/t0.61.0 kt$1,061/t1.1(0.5) kt$72/t(0.5)0.6 kt$1,133/t0.61.0 kt$1,061/t1.1
LPG Cost12.9 kt$1,262/t16.314.9 kt$1,011/t15.0(2.0) kt$251/t1.212.9 kt$1,262/t16.314.9 kt$1,011/t15.0
KUPEVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m
Volume
Rate per unit$m VolumeRate per unit$m
Oil Sales43.2 Kbbl$106.0/bbl4.675.5 Kbbl$110.5/bbl8.3(32.3) Kbbl($4.5/bbl)(3.8)43.2 Kbbl$106.0/bbl4.675.5 Kbbl$110.5/bbl8.3
Gas Sales1.6 PJ$13.5/GJ21.31.8 PJ$8.6/GJ15.5(0.2) PJ$4.9/GJ5.81.6 PJ$13.5/GJ21.31.8 PJ$8.6/GJ15.5
LPG Sales7.6 kt$716/t5.48.0 kt$536/t4.3(0.4) kt$179/t1.17.6 kt$716/t5.48.0 kt$536/t4.3

1. Genesis brand only 2. Excludes Ecotricity 3. Reported Q2 number restated
FY26 Q1 Operating Metrics
Genesis Energy Limited FY26 Q1 Performance Report 7.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
RETAIL SEGMENTQ1 FY26Q1 FY25% ChangeVar.Q4 FY25% ChangeVar.YTD FY26YTD FY25
RETAIL
Brand Net Promoter Score - Genesis Energy
1618(11.1%)-227(40.7%)-11
Interaction Net Promoter Score - Genesis4351(15.7%)-847(8.5%)-4
Gross Customer Churn (3 month rolling average, %)21.6% 21.6% 0.3% 0.1% 20.0% 8.3% 1.7%
Net Customer Churn (3 month rolling average, %)15.2% 13.7% 11.2% 1.5% 12.6% 20.6% 2.6%
Electricity Netback ($/MWh)$181.4 $158.2 14.7%$23.2 $169.6 7.0%$11.8 $181.4 $158.2
Gas Netback ($/GJ)$27.2 $19.2 41.8%$8.0 $27.0 0.5%$0.1 $27.2 $19.2
LPG Netback ($/t)$1,644.9 $1,628.6 1.0%$16.3 $1,520.5 8.2%$124.3 $1,644.9 $1,628.6
CUSTOMER NUMBERS
Customers > 1 Fuel133,042 151,500 (12.2%)(18,458)127,278 4.5%5,764 133,042 151,500
Electricity Only Customers324,310 307,932 5.3%16,378 341,958 (5.2%)(17,648)324,310 307,932
Gas Only Customers12,564 10,474 20.0%2,090 15,671 (19.8%)(3,107)12,564 10,474
LPG Only Customers32,849 28,591 14.9%4,258 35,612 (7.8%)(2,763)32,849 28,591
Total Customers502,765 498,497 0.9%4,268 520,519 (3.4%)(17,754)502,765 498,497
Electricity ICPs Active-Occupied532,250 522,911 1.8%9,339 545,259 (2.4%)(13,009)532,250 522,911
Gas ICPs Active-Occupied101,770 109,892 (7.4%)(8,122)102,320 (0.5%)(550)101,770 109,892
LPG Customer Connections (#) 86,233 90,861 (5.1%)(4,628)85,831 0.5%402 86,233 90,861
Total ICPs720,253 723,664 (0.5%)(3,411)733,410 (1.8%)(13,157)720,253 723,664
WHOLESALE SEGMENTQ1 FY26Q1 FY25% ChangeVar.Q4 FY25% ChangeVar.YTD FY26YTD FY25
GENERATION
Generation Emissions (ktCO2)
439 985 (55.4%)(545)743 (40.8%)(303)439 985
Generation Carbon Intensity (tCO2/GWh)260 500 (47.9%)(239)413 (37.0%)(153)260 500
Rankine Output (GWh)175 763 (77.1%)(588)459 (61.9%)(284)175 763
Rankines Fueled by Coal (%)88% 91% (3.1%)(3%)95% (7.3%)(7%)88% 91%
Total Gas Purchases (PJ)7.2 7.1 1.1%0.1 6.8 5.4%0.4 7.2 7.1
Total Coal Purchases (PJ)9.2 7.8 18.2% 1.4 9.3 (1.5%)(0.1)9.2 7.8
Electricity CFD Purchases - Wholesale (GWh)395 294 34.5% 101 332 19.1% 64 395 294
Electricity CFD Purchase Price - Wholesale ($/MWh)$208.5 $180.5 15.5%$28.0 $216.8 (3.8%)($8.3)$208.5 $180.5
Electricity CFD Sales - Wholesale (GWh)470 427 10.1% 43 444 5.8% 26 470 427
Electricity CFD Sale Price - Wholesale ($/MWh)$232.2 $196.5 18.1%$35.6 $260.0 (10.7%)($27.8)$232.2 $196.5
Gas Used In Internal Generation (PJ)4.9 4.7 3.7% 0.25.0 (2.9%)(0.1)4.9 4.7
Weighted Average Gas Burn Cost ($/GJ)$15.7 $16.2 (3.1%)($0.5)$14.9 5.1% $0.8 $15.7 $16.2
Coal Used In Internal Generation (PJ) 1.78 7.5 (76.1%)(5.7)4.8 (62.9%)(3.0)1.8 7.5
Weighted Average Coal Burn Cost ($/GJ)$11.6 $9.3 25.0% $2.3 $11.6 0.4% $0.0 $11.6 $9.3
Operational Coal Stockpile - closing balance (kilotonnes)894215316.5% 679 57854.8% 317 894215
Security Products – coal equivalent energy secured (kilotonnes)166 28 491.4% 138 121 37.5% 45 16628
POWER PURCHASE AGREEMENTS
Electricity (GWh)258 123 109.3% 135 250 3.3% 8 258 123
Average Price Received for Generation - GWAP ($/MWh)$118.32 $228.96 (48.3%)($110.64)$187.49 (36.9%)($69.17)$118.32 $228.96

1.The severity and classification of injuries are subject to change based on medical assessment and acceptance by ACC. This may result in historical restatement.
FY26 Q1 Operating Metrics
Genesis Energy Limited FY26 Q1 Performance Report 8.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
KUPE SEGMENTQ1 FY26Q1 FY25% ChangeVar.Q4 FY25% ChangeVar.YTD FY26YTD FY25
Oil Production (kbbl)
32 39 (17.7%)(7)34 (5.0%)(2)32 39
Average Brent Crude Oil (USD/bbl)$69.1 $80.2 (13.9%)($11.1)$67.8 1.8%$1.3 $69.1 $80.2
LPG Production (kt)7.0 8.0 (13.0%)
(1.0)
7.2 (4.0%)
(0.3)
7.0 8.0
LPG Production Yield (t/TJ)4.4 4.4 0.2%0.0 4.4 (0.5%)
(0.0)
4.4 4.4
OTHERQ1 FY26Q1 FY25% ChangeVar.Q4 FY25% ChangeVar.YTD FY26YTD FY25
CORPORATE
Employees FTE
1,307 1,229 6.3%78 1,278 2.3%29 1,307 1,229
Contractors FTE65 60 8.7%5 71 (9.3%)(7)65 60
Total FTE1,372 1,289 6.4%83 1,350 1.7%22 1,372 1,289
Total Recordable Injuries12 17
(29.4%)
(5)13
(7.7%)
(1)12 17
1297
1263
1209
1196
1189
1150
1156
1179
33
41
75
93
80
129
126
122
63
65
68
71
1,331
1,304
1,284
1,289
1,332
1,345
1,350
1,372
1000
1050
1100
1150
1200
1250
1300
1350
1400
Q2Q3Q4FY25 Q1Q2Q3Q4FY26 Q1
FTE Split
Core FTEDigital Projects FTEEcotricity FTETotal FTE

FY26 Q1 Appendix: Retail Segment
Genesis Energy Limited FY26 Q1 Performance Report 9.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
0
500
1,000
1,500
2,000
Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
Electricity Sales Volume (GWh)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesQuarterly Ecotricity Sales Volumes
Rolling 12-month Sales Volume (RHS)
6.0
6.5
7.0
7.5
8.0
8.5
9.0
0.0
0.5
1.0
1.5
2.0
2.5
3.0
Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
Gas Sales Volume (PJ)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)
30,000
40,000
50,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
LPG Sales Volume (Tonnes)
Quarterly Bottled LPG Sales VolumesQuarterly Bulk & Business LPG Sales Volume
Rolling 12-month Sales Volume (RHS)

FY26 Q1 Appendix: Wholesale Segment
Genesis Energy Limited FY26 Q1 Performance Report 10.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
0
50
100
150
200
250
OctNovDecJanFebMarAprMayJunJulAugSep
Waikaremoana Storage vs. Long Run Average (GWh)
Long Run Average Storage12 Month Storage
0
100
200
300
400
500
600
700
800
900
OctNovDecJanFebMarAprMayJunJulAugSep
Tekapo Storage vs. Long Run Average (GWh)
Long Run Average Storage12 Month Storage
0
1,000
2,000
3,000
4,000
5,000
OctNovDecJanFebMarAprMayJunJulAugSep
New Zealand Daily Storage (All Generators, GWh)
Long Run Average Storage12 Month Storage
0
1
2
3
4
5
6
7
OctNovDecJanFebMarAprMayJunJulAugSep
Tongariro Generation (GWh/Day)
20 Year Average7 Day Rolling Average

FY26 Q1 Appendix: Wholesale Segment
Genesis Energy Limited FY26 Q1 Performance Report 11.
All prices and volumes in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
0
500
1,000
1,500
2,000
2,500
3,000
FY21
Q1
Q2Q3Q4FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
Generation Portfolio (GWh)
North Island HydroSouth Island HydroHaunui WindPPAs
Huntly Units 1 to 4 GasHuntly Units 1 to 4 CoalHuntly Unit 6Huntly Unit 5
0%
20%
40%
60%
80%
100%
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
Q2Q3Q4FY24 Q1Q2Q3Q4FY25 Q1Q2Q3Q4FY26 Q1
Portfolio & Thermal Fuel Costs
Weighted Average Fuel Cost - Thermal ($/MWh)
Weighted Average Fuel Cost - Portfolio ($/MWh)
Renewable Contribution to Total Generation (%)
$50
$100
$150
$200
$250
$300
$350
Dec-22Mar-23Jun-23Sep-23Dec-23Mar-24Jun-24Sep-24Dec-24Mar-25Jun-25Sep-25
ASX Futures Spot Pricing ($/MWh)
1-Year Contract2-Year Contract3-Year Contract

FY26 Q1 Appendix: Kupe Segment
Genesis Energy Limited FY26 Q1 Performance Report 12.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.
0
50
100
150
200
250
300
350
0
20
40
60
80
100
120
FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
Kupe Oil Production Volume (Genesis Share, kbbl)
Quarterly Production VolumeRolling 12 Month Production Volume (RHS)
0
2
4
6
8
10
12
0
1
1
2
2
3
3
4
FY22
Q1
Q2Q3Q4FY23
Q1
Q2Q3Q4FY24
Q1
Q2Q3Q4FY25
Q1
Q2Q3Q4FY26
Q1
Kupe Gas Sales Volume (Genesis Share, PJ)
Quarterly Sales VolumeRolling 12 Months Sales Volume (RHS)
$50
$60
$70
$80
$90
$100
OctNovDecJanFebMarAprMayJunJulAugSep
Brent Crude Oil Spot Price (USD/bbl)
12 Months to Sep 2412 Months to Sep 25

Glossary – Performance
Electricity
Retail Resi Electricity
Sales of electricity to residential customers
Retail SME ElectricitySales of electricity to small business customers
Retail C&I ElectricitySales of electricity to commercial and industrial customers
Ecotricity ElectricitySales of electricity to Ecotricity customers
Wholesale Electricity SalesSale of generated electricity and residential rooftop solar onto the spot market, excluding PPA settlements and ancillary revenue
Total Derivative SettlementsNet
settlement of electricity derivatives including PPAs, hedges, options, market making obligations and discretionary trading
Generation Costs - Total Direct generation costs, inclusive of fuels and carbon
Retail PurchasesPurchases of electricity on spot market for retail customers
Transmission and Distribution CostsTotal electricity transmission and distribution costs, connection charges, electricity market levies and meter leasing
Gas
Retail Resi Gas
Sales of gas to residential customers
Retail SME GasSales of gas to small business customers
Retail C&I GasSales of gas to commercial and industrial customers
Wholesale SalesSales of gas to wholesale customers
Cost of GasPurchase of gas for sale (excludes gas used in electricity generation)
Transmission and Distribution CostsTotal gas transmission and distribution costs, gas levies and meter leasing
LPG
Bottled LPG SalesRepresents 45kg LPG bottle sales
SME & Other Bulk LPG salesRepresents SME and other bulk and third party distributors
Wholesale LPG SalesSales of LPG to wholesale customers
LPG CostPurchase of LPG for sale
Kupe
Oil SalesSale of crude oil
Gas SalesSale of gas
LPG SalesSale of LPG
Genesis Energy Limited FY26 Q1 Performance Report 13.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.

Glossary – Operational metrics
Wholesale
Electricity CFD Purchases – Wholesale (GWh)Settlement volumes of generation hedge purchases, including exchange traded and OTC contracts. Excludes PPAs, active trading, Financial Transmissions Rights (FTRs)
and Cap/Collar/Floor contracts
Electricity CFD Purchase Price – Wholesale ($/MWh)Average price paid for Electricity Financial Contract Purchases – Wholesale
Electricity CFD Sales – Wholesale (GWh)Settlement volumes of generation hedge sales, including exchange traded and OTC contracts. Excludes PPAs, active trading, Financial Transmissions Rights (FTRs) and
Cap/Collar/Floor contracts
Electricity CFD Sale Price – Wholesale ($/MWh)Average price paid for Electricity Financial Contract Sales – Wholesale
Generation Emissions Carbon emissions due to coal and gas electricity generation
Generation Carbon Intensity (tCO
2
/GWh)Carbon emissions (tCO
2
) produced per unit of total electricity generated (GWh)
Rankine OutputElectricity generated in the Huntly Rankine units
Rankine’s Fuelled by Coal (%)Theproportionof coalusedin theRankineunits
Total Gas Purchases (PJ)Total gas purchases
Total Coal Purchases (PJ)Coal purchases have been converted from tonnes to PJ using the shipments’ Calorific Value
Gas Used In Internal Generation (PJ)Gas consumed in electricity generation
WeightedAverage Gas Burn Cost ($/GJ)Totalcost of gas burntdivided bygeneration fromgas firedgeneration, excludingemissions
CoalUsedIn InternalGeneration(PJ)Results may be revised to reflect changes in coal kilo tonnes to PJ conversion rate and volume methodology.
WeightedAverage Coal Burn Cost ($/GJ)Totalcostof coalburntdivided bygenerationfrom coalfired generation,excludingemissions
Operational Coal Stockpile – closing balance (kt)The coal stockpile closing balance in tonnes at Huntly Power Station, less the Security Products Stockpile.
Security Products Stockpile – closing balance (kt)
Refers to Huntly Firming Option (HFO) and Market Security Options (MSO). Stored energy refers to virtual stockpile volumes ordered by counterparties and is expressed
in kilotonnes of coal equivalents as at period end.
Power purchase agreements
Electricity (GWh)Energypurchasedthroughlongtermagreementswithgenerator
AveragePriceReceivedforGeneration- GWAP($/MWh)
Price received at production node
Corporate
Total RecordableInjuries12-monthrollingTotalRecordableInjuries including LostTimeInjuries, RestrictiveWorkInjuries andMedicalTreatmentInjuries
Employees FTENumber of full-time equivalent employees, excluding those on parental leave or a career break
Contractors FTENumber of full-time equivalent contractors, excluding statement of work contractors.
Core FTETotal number of full-time equivalent employees, excluding employees working on time-bound digital projects.
Digital FTETotal number of full-time equivalent employees working on time-bound digital projects, based on hours worked.
Total FTETotal number of full-time equivalent employees, including contractors, excluding employees on parental leave or a career break
Kupe
Oil ProductionProduction of crude oil
Oil Price realised (USD/bbl.)Theunderlyingbenchmarkcrude oilpricethat is usedto setthepricefor crudeoilsales
LPG Production Yield (T/TJ)Tonnes of LPG produced relative to each TJ of gas produced
LPG Production Production of LPG
Genesis Energy Limited FY26 Q1 Performance Report 14.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.

Glossary – Operational metrics
Retail
BrandNetPromoterScore – Genesis EnergyBasedonsurveyquestion “Howlikelywouldyou betorecommend Genesis to yourfriendsorfamily?” Calculated on 3 month rolling basis.
InteractionNetPromoterScore - Genesis
Based on survey question “Based on your recent interaction with Genesis, how likely would you be to recommend Genesisto your family/friends?” Calculated
on 3 month rolling basis.
CustomersElectricity and gas and LPGcustomers are defined by single customer view, regardless of number of connections (ICP’s)
ICPInstallation Connection Point, a connection point that is both occupied and has not been disconnected (Active-Occupied)
GrossCustomerChurnDefined as residential customers instigating a trader switch or home move
NetCustomerChurnDefinedaspercentage of residential customers that finalise in a period.
Resi, SME, C&IResidential,smallandmediumenterprisesandcommercial& industrialcustomers
Netback ($/MWh, $/GJ, $/tonne)
Customer EBITDAF by fuel type plus respective fuel purchase cost divided by total fuel sales volumes, stated in native fuel units (excluding corporate allocation costs and
Technology & Digital cost centre)
Genesis Energy Limited FY26 Q1 Performance Report 15.
Prices, volumes and financials in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to add or multiply.

Investor Relations enquiries
David Porter
Investor Relations Manager
+64 20 418 41186