Appointment of David Baldwin as Non-Executive Director

MARKET RELEASE
Date: 17 September 2025
NZX: GNE / ASX: GNE
Appointment of David Baldwin as Non-Executive Director

The Genesis Energy Board is pleased to announce the appointment of David Baldwin as a non-
executive director of the Company.
David brings more than 35 years of international leadership and governance experience across
AsiaPacific, Europe, and North America. He has held senior executive and director roles spanning
renewables, gas and LNG, utilities, chemicals, and infrastructure asset management. His career
includes leadership positions with Contact Energy, Origin Energy, Shell and Berkshire Hathaway Energy.
Most recently, David was a Senior Managing Director with Macquarie Asset Management, where he
advised and served on the boards of energy, infrastructure and private equity portfolio companies.
David is currently a non-executive director of Energy Development Corporation in the Philippines and
Cyrq Energy in the United States, both Macquarie Asset Management portfolio companies.
David’s appointment is effective from 1 October 2025, and in accordance with Genesis Energy's
constitution and the NZX Listing Rules, he will retire at the Company's Annual Shareholder Meeting to
be held on 16 October 2025 and will put himself forward for election by shareholders at the meeting.
The Board has determined that David Baldwin is an independent director.

ENDS

For investor relations enquiries, please contact:
David Porter
Investor Relations Manager
M: 020 4184 1186

For media enquiries, please contact: Graeme
Muir
Group Manager
Communications and Media
M: 027 202 4885

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 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.