Genesis Green Bond – Allotment

Capital Change Notice



Section 1: Issuer information
Name of issuer Genesis Energy Limited (Genesis)
NZX ticker code GNE060
Class of financial product Fixed-rate unsecured, unsubordinated
green bonds
ISIN (If unknown, check on NZX website) NZGNEDG006C0
Currency NZ$
Section 2: Capital change details
Number issued/acquired/redeemed 125,000,000
Nominal value (if any) $1.00
Issue/acquisition/redemption price per security $1.00
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid up
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
100%
For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion
date and the ranking of the Financial Product in
relation to other Classes of Financial Product) or
the Option (for example, the exercise price and
exercise date)
N/A
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
An amount equal to the proceeds of this
issue will be allocated to finance or
refinance renewable energy assets, or
other projects, assets and/or activities that
meet the eligibility criteria set out in
Genesis' Sustainable Finance Framework
dated November 2021 (as amended from
time to time). Consistent with this, Genesis
will apply the net proceeds of this issue to
repay existing debt.

Specific authority for the issue: the
resolutions passed by the board of
directors of Genesis on 23 February 2022.
Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number
of Financial Products of the Class held as
Treasury Stock after the
issue/acquisition/redemption.
125,000,000

In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
The resolutions passed by the board of
directors of Genesis on 23 February 2022.

Rule 1.14 of the NZX Listing Rules.
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
As set out in the terms sheet dated 4
March 2022
Date of issue/acquisition/redemption 14/03/2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Tim McSweeney
Contact person for this announcement Tim McSweeney
Contact phone number +64 27 200 5548
Contact email address Timothy.mcsweeney@genesisenergy.co.nz
Date of release through MAP

14/03/2022