Dividend Reinvestment Plan Strike Price

MARKET RELEASE

Date: 24 March 2022
Dividend Reinvestment Plan Strike Price

Genesis Energy Limited (NZX: GNE) advises that the issue price for shares issued in lieu of cash for the
2022 Interim Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.7738 per share.

The issue price has been determined, in accordance with the DRP, as the volume weighted average
sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days
starting on 17 March 2022, less a 2.5% discount.

Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect
of the dividend payable on 1 April 2022.

The new shares will rank pari passu with existing shares on issue as at the date of their issue.


ENDS

For investor relations enquiries, please contact:
Tim McSweeney
GM Investor Relations & Market Risk
M: 027 200 5548

For media enquiries, please contact:
Chris Mirams
GM Communications & Media
M: 027 246 1221


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 and Frank Energy 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 $NZ3.2 billion during the 12 months ended 30 June 2021. More information
can be found at www.genesisenergy.co.nz