UPDATED: Governance Roadshow Presentation

MARKET ANNOUNCEMENT
Date: 7 May 2019
NZX: GNE / ASX: GNE
Governance Roadshow Presentation

Genesis Energy Limited (GNE) Chair Barbara Chapman and Director Paul Zealand will be meeting with
a number New Zealand based investors today in an open discussion on the Board and company
activities.

The roadshow presentation material is attached and available from the Genesis Energy page at
www.nzx.com or https://www.genesisenergy.co.nz/investors/reports-and-presentations.

ENDS

For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
M: 027 655 4499

For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
Genesis Energy
P: 09 951 9311
M: 021 241 3150


About Genesis Energy

Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. It sells electricity, reticulated
natural gas and LPG through its retail brands of Genesis Energy and Energy Online. It is New Zealand’s largest
energy retailer with around 500,000 customers. The Company generates electricity from a diverse portfolio of
thermal and renewable generation assets located in different parts of the country. Genesis Energy also has a
46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of Taranaki, New
Zealand. Genesis Energy had revenue of $NZ2.3bn during the 12 months ended 30 June 2018. More information
can be found at www.genesisenergy.co.nz

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Barbara Chapman –CHAIRMAN
Paul Zealand –DIRECTOR
Auckland & Wellington

Introducing the Genesis Board of Directors
—Focused on creating long-term value for shareholders
Genesis Energy Limited Governance Roadshow May 2019 2.
•Genesis welcomed Catherine Drayton to the Board in March 2019. Catherine is a member of the Audit and
Risk Committee and brings extensive governance experience to Genesis
•Board activities in the past two financial years included oversight of the Nova LPG acquisition / integration,
post-investment review of increasing the company’s stake in Kupe to 46%, appointment of Barbara Chapman
as Chairman, oversight of the value-based focus on customers and innovation around energy management,
the introduction of Genesis’ Dividend Reinvestment Plan and endorsing Genesis' intention to move to a coal-
free future as part of our overall sustainability commitments
•Genesis benefits from the diversity of thought complemented by a gender-balanced Board
CATHERINE DRAYTONDOUG MCKAYJOANNA PERRYPAUL ZEALANDTIMOTHY MILESBARBARA CHAPMANJAMES MOULDERMAURY LEYLAND

Directors bring a broad range of skills and experience
—Alignment of Board skills and experience to support strategic direction
Genesis Energy Limited Governance Roadshow May 2019 3.

Board structure and appointments are aligned with best practice
—Consistent with best practice, in line with New Zealand and international standards
Genesis Energy Limited Governance Roadshow May 2019 4.
•Board evaluation
continuous with number of
Board changes during year
•Committee structures and
Charters reviewed and
Board Charter to be
reviewed in June
•Committee performance
reviewed against
responsibilities in Charters
•Comprehensive review of
all major governance
policies, including to
address new NZX Listing
Rule changes
•Changes to Constitution to
go to ASM

Genesis’ executive management team
—Driving Genesis to be customers’ first choice for energy management
Genesis Energy Limited Governance Roadshow May 2019 5.
•A talented team dedicated to executing the Company’s stated strategy and delivering results
•Focus for management in FY18/19 has been on delivering:
‒An integrated LPG distribution business, including exit from third party distribution contract and expansion of operations
‒Genesis brand refresh and release of first wave of Energy IQ products to over 250,000 customers, a further 1,200 Energy
Management Connections deployed as part of the vision to be customer ‘first choice for energy management’
‒An active thermal transition to support a low carbon future including the investment in the Drylands carbon fund and the
partnership with Tilt Renewables to enable the construction of the Waverly Wind Farm
‒Optimised generation, wholesale and upstream Kupe investments throughout a period of volatile market conditions
‒Astute management through an unprecedented period of low hydro inflows combined with significant gas shortages
‒Successful completion of Huntly U5’s mid-life planned maintenance outage
NIGEL CLARKNICOLA RICHARDSONJAMES MAGILLTRACEY HICKMANCHRIS JEWELLMATTHEW OSBORNE
Executive General
Manager Customer
and Service
Operations
Executive General
Manager People and
Culture
Executive General
Manager Customer &
Innovations
Executive General
Manager Generation
and Wholesale
Chief Financial
Officer
Executive General
Manager Corporate
Affairs
MARC ENGLAND
Chief Executive
Officer

An integrated approach to riskmanagement & governance
—Effective risk management protects and enhances value
Genesis Energy Limited Governance Roadshow May 2019 6.
“Genesis Energy has demonstrated to us over the long term a
willingness to collaborate, invest and drive continuous risk
improvement. We consider them in the top tier of clients in terms
of asset risk management”
Key Insurance Partner
•Risk management helps us better assess opportunities,
execute quickly where appropriate and improves our
resilience if risks occur
•In FY19 we:
‒reviewed key strategic risks (both financial and non-
financial) and assessed the extent to which our strategy
addresses these;
‒facilitated data driven risk assessments by incorporating
the probability and not just frequency of an event, in the
assessment of business risks at Genesis; and
‒increased our emphasis on crisis preparedness to help
improve our resilience should a key risk crystallise
Business Areas
Identify, assess, manage and transfer
risk, within risk appetite
Integrate risk into decision making
Board and Audit & Risk Committee
Oversee and approve risk management
policies and risk appetite
Risk & Assurance Team
Monitor policy and risk metric compliance,
risk reporting, risk awareness and risk tool
development
RISK MANAGEMENT
RISK GOVERNANCE

Safety and culture isa priority for Genesis
—Genesis’ customer centric strategy is underpinned by its people and culture
Genesis Energy Limited Governance Roadshow May 2019 7.
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Frequency Rate
Lost Time Injury (LTI)Restricted Work Injury (RWI)
Medical Treatment Injury (MTI)Total Recordable Injery Rate (TRIFR)
•A strong health & safety culture exists:
‒A high level of engagement and reporting of
incidents, near miss events and safety observations
and conversations
•Engaged employees energised and aligned with
our customer (Culture Snapshot Survey 2018):
‒85%of staff understand how their work
connects with Genesis customers
‒76%of our employees say that they are
proud to work for Genesis
‒2/3rdsof our workforce are engaged in
wellness and health benefit programmes,
such as our approach to mental wellness,
“Are you OK?”
GENESIS FY18/19 TRIFR EMPLOYEE & CONTRACTOR TRENDS
‒A stable TRIFR over a period we
have broadened our business
operations, including LPG
operations and distribution

Enabling a more sustainable future
Caring for our
environment
Building strong
communities
Powering
New Zealand
Genesis signed up
to EV 100,
a global
business
initiative
driving the
switch to EVs.
December2018
We’re driving electric -
now part of
Genesis fleet
Whio population boosted
ducks
released
January 2019
EVs
November 2018
Ohope Beach School joins
School-gen solar
programme
November 2018
Emirates Team
New Zealand &
School-gen
partner to
bring STEM to
schools
December2018
Genesis wins
YWCA Equal
Pay Award
November 2018
February 2019
School-gen Trust launches,
providing
of STEM
funding for schools
$
,
November 2018
Employee volunteering
revitalised
Hours already
given back to
communities
+
Waverley
Wind Farm
partnership
announced
October 2018
MOU signed
with DETA
Consulting for
energy
management
services to
businesses
October 2018
Genesis joins
the NZ Hydrogen
Association,
supporting
development
of low emission
fuel sources
February 2018
Bottles gas for
Business
launched –
usage sensors
minimize waste
October 2018
Genesis Energy Limited Governance Roadshow May 2019 8.