2019 Annual Shareholder Meeting

MARKET RELEASE
Date: 16 October 2019
NZX: GNE / ASX: GNE
2019 Annual Shareholder Meeting Presentation

Genesis Energy Limited’s (GNE) Annual Shareholder Meeting, is being held today, Wednesday 16
October 2019, commencing at 10.00 am, in the Level 4 Lounge, South Stand, Eden Park, Reimers
Avenue, Auckland, New Zealand.

The attached presentation will be delivered to shareholders, with a webcast available for viewing using
the following link (2019 Annual Shareholder Meeting Webcast) and all material, including the Chair
and Chief Executive address, will be made available on the Genesis Energy Investor Centre website at
https://www.genesisenergy.co.nz/investors/annual-shareholder-meeting.


ENDS


For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
Genesis Energy
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. Genesis sells electricity,
reticulated natural gas and LPG through its retail brands of Genesis Energy and Energy Online and is New
Zealand’s largest energy retailer with approximately 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 also has a 46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of
Taranaki, New Zealand. Genesis had revenue of $NZ2.7 billion during the 12 months ended 30 June 2019. More
information can be found at www.genesisenergy.co.nz

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2019 Annual
Shareholder Meeting

Barbara Chapman

Agenda
Chair
Address
Chief
Executive
Address
Shareholder
Questions
Resolutions
and Voting

Board of Directors

Corporate
Governance

Our electricity sector, the enabler of
New Zealand’s low carbon future

source: MfEGreenhouse Gas Inventory 1990-2017
NZ’s decarbonisation through electrification
We need a system that is resilient to shocks and protects our economy and decarbonisation efforts

Marc England

Reaching 100% renewable electricity has challenges
While others take early steps towards
renewable electricity, NZ is near the summit

More renewablesManage the
transition
New technologies
NZ’s transition to a low carbon future needs a low
cost, low carbon and reliable electricity system

Enabling a more sustainable future
50%
of heavy
vehicle fleet
by 2025
100%
light vehicle
by 2020
450 GWh
per annum
from 2021
250,000
carbon
offset
1,000
schools
engaged
School-gen
Trust
established
As kaitiaki of
the natural
resources we use
when producing
electricity, iwi
relationships are
valued and highly
significant
to Genesis
The primary
objective is to
produce a stable
supply of forestry
generated New
Zealand Unit (NZU)
carbon credits
143%
increase
since 2011
714
Whio pairs
protected

Wholesale

20%
40%
60%
80%
100%
120%
140%
20%
40%
60%
80%
100%
120%
140%
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
National Storage BandNI Storage as % of AverageSI Storage as % of Average
Low national storageLow North Island storage

Retail

0%
5%
10%
15%
20%
25%
30%
35%
40%
Jul-17Aug-17Sep-17Oct-17Nov-17Dec-17Jan-18Feb-18Mar-18Apr-18May-18Jun-18Jul-18Aug-18Sep-18Oct-18Nov-18Dec-18Jan-19Feb-19Mar-19Apr-19May-19Jun-19
Gross ChurnTotal Net ChurnSingle FuelDual Fuel
Power
Shout I
Power
Shout II
Energy IQ
Launch
Bottle Gas Monitoring Launch
Power
Shout III
Power
Shout IV
Electricity
Monitoring Launch
Dual
Fuel
Refresh
Move to the
Future I
Power
Shout V
Genesis
Brand 2.0

Their energy use + our generation
Our innovation = cost out for customer
Farmers can save 5-25% on their bill
A more sustainable choice
Switch energy use times for better value
Partnering for success
For Dairy is exclusive to Fonterra Farm
Source farmers
For dairy –
an innovation
proof point

52%
44%
40%
30%
14%
13%
14%
12%
34%
43%
47%
58%
FY16
FY17
FY18
FY19
PhoneWebChatEmailDigital

2020
Financial
Year

Shareholder
Questions

Resolutions
1.Votes held by the Chairman, Directors and other proxies.
2.This is 68.55% of the total issued shares of 1,023,646,556.
29