Governance Roadshow Presentation

MARKET RELEASE
Date: 8 June 2020
NZX: GNE / ASX: GNE
Governance Roadshow Presentation

Genesis Energy Limited (GNE) Chair, Barbara Chapman, and Director Tim Miles will be hosting a video
conference for a number of investors this week to facilitate an open discussion regarding recent Board
and company activities.

The virtual roadshow presentation materials are attached and will be 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:
Allan Swann
Communications Manager
M: 027 211 4874
For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
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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Barbara Chapman –CHAIR
Tim Miles –DIRECTOR

Introducing the Genesis Board of Directors
—Focused on creating long-term value for shareholders
Genesis Energy Limited Virtual Governance Roadshow June 2020 2.
Catherine DraytonDoug McKayPaul ZealandTim MilesBarbara ChapmanJames MoulderMaury Leyland
Penno
Board of Director biographies
•Genesisbenefitsfromthediversityofthought,skillsandcapabilityrepresentedbyitsBoardofdirectors.CatherineDraytonwasavaluable
additiontotheBoardinMarch2019andisChairoftheAuditandRiskCommitteefollowingtheretirementofJoannaPerryinOctober2019.
DougMcKayisupforre-electionatthisyear’sASM.
•RecentBoardactivitiesinclude:
‒OversightofFY21strategy,includingvalue-basedfocusoncustomers’energymanagement;
‒ContinuationofGenesis’DividendReinvestmentPlan;
‒EndorsementofGenesis’SustainabilityFramework,Scope3carbonemissionsreporting,andreportingbasedontheTaskforceon
Climate-relatedFinancialDisclosuresrecommendations,aspartofGenesis’ongoingcommitmenttolowercarbonelectricitygeneration;
‒Supportforrenewablegenerationprojects(WaipipiWindfarmPPAandpotentialsolarfarmarrangements),whichcombinedwillgenerate
550GWhperannumofzerocarbonelectricity;
‒SupportfortheestablishmentoftheGenesisSchool-genTrust;
‒HeightenedBoardgovernanceactivitytomanageCOVIDpandemic,meetingwithmanagementweekly.
‒Endorsementofnewperformanceframeworkstoensureourpeoplefeelpartofavaluedworkplaceculture,includingLivingWage
accreditation,GenderTickaccreditation,genderdiversityandpaygappolicies,andethnicdiversityinclusioncouncils.

Directors bring a broad range of skills and experience
—Alignment of Board skills and experience to support strategic direction
Genesis Energy Limited Virtual Governance Roadshow June 2020 3.
Skills / Capability (as presented in FY19 Annual Report)
Barbara
Chapman
Catherine
Drayton
Doug
McKay
Tim Miles
James
Moulder
Maury
Leyland
Penno
Paul
Zealand
Business strategy and leadership experience (a proven record of developing and executing
businessstrategy)
Listed company governance experience (experience in listed company governance and driving
and assessing the effectiveness of theexecutive)
Regulated industry knowledge and experience (electricity sector experience or experience
in a similarly regulated industry)
Government and stakeholder relationship experience (a proven record of successfully
engaging and managing key external stakeholder relationships)
Finance / Accounting / Audit Committee experience (senior executive or Director level
experience in financial accounting, reporting and internal financialcontrols)
Corporate finance / capital markets / transactional experience (executive or Director level
experience in corporate finance related transactions –such as capital raising and/or mergers
and acquisitions)
Large industry operational (capital) project management experience (executive level
experience within the electricity sector or similar large scale industrialbusiness)
Health and safety, risk experience (deep understanding of excellence in Health & Safety in
strategic and operational context and applicable legislativeframework)
Customer insight, data, marketing and brand experience (executive level experience in
consumer retail and execution of marketing and brand strategies to delivergrowth).
Technology / innovation and digitalisation experience (detailed understanding of the role of
technology and innovation in delivering a superior customerexperience)
People / culture / reputation management (deep understanding of the strategic importance
of people, values, behaviours and management style as drivers of organisational culture and
reputation)

Board structure and appointments are aligned with best practice
—Consistent with New Zealand standards
•Chairchangein2018,BarbaraChapman
electedtoChair
•AnumberofBoardchangesduringlasttwo
years
•CommitteestructuresandChartersreviewed
•Committeeperformancereviewedannually
againstresponsibilitiesinCharters
•ChangestoConstitutionapprovedat2019
ASM
•Comprehensivereviewofallmajor
governancepolicies,includingtoaddressnew
NZXListingRulechanges.Policiesare
availableonGenesiswebsite
•CompliantwithNZXbestpracticeCorporate
GovernanceCode
•Onedirectorforre-electionat2020ASM,in
linewiththreeyearrotationrequirementsof
NZXListingRules
Genesis Energy Limited Virtual Governance Roadshow June 2020 4.

Genesis’ executive management team
—Driving Genesis to be customers’ first choice for energy management
Nigel Clark
Executive General
Manager Wholesale
Operations & Kupe JV
Nicola Richardson
Executive General
Manager People and
Culture
Chris Jewell
Chief Financial Officer
& Executive General
Manager Strategy
Tracey Hickman
Executive General
Manager Retail
Operations
James Magill
Executive General
Manager Retail
Markets
Marc England
Chief Executive
Matthew Osborne
Executive General
Manager Corporate
Affairs, General Counsel
& Company Secretary
Genesis Energy Limited Virtual Governance Roadshow June 2020 5.
Shaun Goldsbury
Executive General
Manager Wholesale
Markets
Executive Team biographies
•AtalentedteamdedicatedtoexecutingtheCompany’sstatedstrategyanddeliveringresults
•Managementisdrivingsuccessfuloutcomesforthebusiness,someofthesebeing:
‒Optimisedgeneration,wholesaleandupstreamKupeefficienciesthroughaperiodofwholesalemarketvolatility,includinghydroandgas
shortages,successfulHuntlyU5’splannedmaintenanceoutageandKupe’s30-dayplannedstatutoryoutage
‒DeliveringonourretailgrowthstrategywhereEnergyIQisnowusedbymorethan175,000customersandover110,000havecreated
EnergyIQHomeProfiles.EcoTrackerallowscustomerstocheckNewZealand’selectricitysectorcarbonemissionsinreal-timetohelp
minimisetheircarbonfootprints.
‒EnergyIQwasrecognisedattheDeloitteEnergyExcellenceAwards,winningtheEnergyTechnologyoftheYearcategory,whilstSchool-gen
wonCommunityInitiativeoftheYear
‒Activelycontributedtokeyregulatoryconsultationsinthesector,suchastheElectricityPricingReview,andZeroCarbonActandETSreview
‒Successfullyimplementednewresidentialenergyplanstogivecustomersmorecontrolandtransparency,andlaunchedinnovativeproducts
suchasForDairy,whichenablesfarmerstosaveupto25%ontheirenergybills
‒NavigatedCOVIDlockdowninaproactivemanner,supportingourpeopleandcustomersandgeneratingpositiveproductivityoutcomes

Customer centricity
—Genesis’ COVID pandemic response put customers first
Genesis Energy Limited Virtual Governance Roadshow June 2020 6.
Recognisingourroleasaproviderofessentialservicesand,inparticular,theroleofour
thermalgenerationassetsinanationalsecurityofsupplycontext,Genesisinitiatedanumber
ofmeasuresinresponsetotheCOVIDpandemic:
OurCustomers:
•Updatedour"CustomerCarePackage”toofferadditionalsupporttocustomers
experiencingfinancialhardshipasaresultofCOVID.
•PassedthroughnetworkcostreductionstoeligibleGenesiscustomers,asannouncedin
February2020.
•DemandforLPGsurgedatthecommencementoflockdownwithdeliveryofLPGBottlesto
ourcustomerscarriedoutasnormal.
•School-genTrustreleased$80,000forthepurchaseof200Chromebookstoassistchildren
withoutadeviceathomewithremotelearning.
Ourpeopleandoperations:
•Focussedonensuringourbusinesscontinuedtooperateasclosetofullcapacityas
possibleandiswellpreparedforwinterdemand.
•Powerstationsoperateasusualwithincreasedprotectionmeasuresinplaceforour
operators.
•Office-basedstaffworkedfromhomeduringlockdown-includingallcallcentrestaff.

Safety & Wellbeing of our employees are priorities for Genesis
—Genesis’s strong culture is essential in delivering our strategy
Genesis Energy Limited Virtual Governance Roadshow June 2020 7.
A strong Health & Safety culture exists:
•High levels of engagement and reporting of incidents, near
miss events and safety observations and conversations
-Genesis’s rolling 12 month employee & contractor
TRIFRis stable at 1.24in April 2020
-14.6ksafety observations registered to date in FY20
•Ourfocusontechnologyandinnovationisintendedto
improveourbusinesscapabilityandenableustodoour
jobsmoresafelyandeffectively,supportingthoseworking
onoursitesandremotely,drivingonourroadsandinthe
home
Culture&Wellbeingarepriorities:
•DuringtheCOVIDlockdownperiodwechecked-inwithour
peopletounderstandwhethertherewasanythingimpacting
theirengagement,motivation,andabilitytoperformtheir
job.86%ofourpeoplerespondedandweachievedan
averageengagementscoreof8.9(ona10-pointscale)
•Ourpeopleratedtheirsenseoffairnessandinclusion8.9on
average(ona10-pointscale)
•Ourpeopleratedtheirsenseofculture&environment8.6
onaverage(ona10-pointscale)
•Wearefocusedonreducingourgendergaptoensurethat
femalesandmalesexperienceequivalentexpectations,
opportunities,treatmentandpay.Ourmedianpaygapfor
equalvaluework(basesalaryonly)is1.1%
•GenesisreceivedGenderTickaccreditationbytheYWCAand
wasthefirstgeneratortoreceiveLivingWageaccreditation,
highlightingtheimportanceofsupportingourpeople.

Enabling a more sustainable future
New Auckland Home –
Genesis will be moving to new
6-Green Star building in
Wynyard Quarter
October 2019
stake in Zilch
(previously Yoogo) EV car sharing
company, 3 new sites in Auckland
and 6 new EVs
December 2019
%
Awarded YWCA’s GenderTick–a commitment to
Gender Equality in the workplace. Read more here
about what Genesis is doing to close the Gender Gap
November 2019
To be
confirmed
Users using Eco Tracker to make
energy use decisions based on
real-time carbon
emissions data
September 2019
WaipipiWind Farm –first sod turned as
construction begins on
GWh site
November 2019
,
School-gen Trust 7 schools
and 2,448 students benefiting from
STEM funding
from latest round
November 2019
,
$
Genesis Energy Limited Virtual Governance Roadshow June 2020 8.