Resignation of Chief Financial Officer

MARKET RELEASE
Date: 16 FEBRUARY 2024
NZX: GNE / ASX: GNE
Resignation of Chief Financial Officer

Genesis Energy advises that Chief Financial Officer, James Spence, is leaving the company due to family
reasons, effective from 24

May and will take up a new role in Australia. James moved to New Zealand
from Australia with his family to join Genesis Energy in March 2022 as Chief Financial Officer.

Chief Executive, Malcolm Johns, thanked James for his valuable contribution to the business.
“I am grateful to James for his agreement to extend his notice period to ensure continuity
throughout the development of the FY25 operating plan,” Johns said,

“James has played an impactful role within a strong overall executive effort in developing the
Company’s Gen35 strategy, which was recently communicated to the market. He leaves a strong
Finance team equipped to support the delivery of this strategy over the coming years. I wish him and
his family every success for their relocation back to Australia”.

James noted the pivotal role that Genesis has in the New Zealand energy sector and the importance
of the Gen35 strategy for the company and country.

“It’s been a privilege to work with Malcolm and the Genesis leadership team in developing the
Gen35 strategy, which sets the company up to play a key role in the NZ energy transition”.

Genesis has commenced a recruitment process for a new Chief Financial Officer and will update the
market when that process is complete.

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 and 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 $NZ2.4 billion during the 12 months ended 30 June 2023. More information
can be found at www.genesisenergy.co.nz