Dividend Reinvestment Plan Strike Price

MARKET RELEASE

Date: 29 March 2023
NZX: GNE / ASX: GNE
Dividend Reinvestment Plan Strike Price

Genesis Energy advises that the issue price for shares issued in lieu of cash for the 2023
Interim Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.6077 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 22 March 2023, 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 6 April 2023.

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 and is one of New Zealand’s largest
energy retailers 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 $NZ2.8 billion during the 12 months ended 30 June 2022. More information
can be found at www.genesisenergy.co.nz