Genesis Capital Bond – Redemption Notice (GNE050)

Capital Change Notice




Section 1: Issuer information
Name of issuer Genesis Energy Limited (Genesis)
NZX ticker code GNE050
Class of financial product Unsecured, subordinated capital bonds
ISIN (If unknown, check on NZX website) NZGNEDG005C2
Currency NZ$
Section 2: Capital change details
Number redeemed 118,983,000
Nominal value (if any) $1.00
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 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 redemption and specific authority
for redemption (the reason for change must
be identified here)
Reason for redemption: Exercise of Genesis'
optional right of redemption on the First Reset
Date, being 16 July 2023 (adjusted to 17 July
2023 due to 16 July 2023 being a Sunday).

Specific authority for the redemption: The
resolutions passed by the board of directors of
Genesis on 12 April 2023.
Total number of Financial Products of the
Class after the redemption (excluding
Treasury Stock) and the total number of
Financial Products of the Class held as
Treasury Stock after the redemption.
Nil
In the case of an acquisition of shares,
whether those shares are to be held as
treasury stock
N/A
Specific authority for the redemption,
including a reference to the rule pursuant to
which the redemption is made
The resolutions passed by the board of directors
of Genesis on 12 April 2023.

Terms or details of the redemption (for
example: restrictions, escrow arrangements)
N/A
Date of redemption 17/07/2023
Section 3: Authority for this announcement and contact person
Name of person authorised to make this
announcement
Dan Dillane
Contact person for this announcement
Dan Dillane
Contact phone number
+64 21 501 235
Contact email address
Dan.dillane@genesisenergy.co.nz
Date of release through MAP 17/07/2023

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MARKET RELEASE
Date: 17 July 2023

NZX: GNE / ASX: GNE

Genesis Capital Bond – Redemption Notice (GNE050)

Genesis has released the attached capital change notice in relation to the redemption of $118,983,000 of
capital bonds on 17 Ju ly 2023.

For Capital Bond enquiries, please contact:
Dan Dillane
Group Treasurer & Risk
M: 021 501 235

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 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 NZ$2.8 billion during the 12 months ended 30 June 2022. More
information can be found at www.genesisenergy.co.nz