Genesis launches Green Bond offer

Genesis launches Green Bond offer

Genesis Energy Limited (Genesis) confirmed today that it is it is offering up to NZ$75,000,000 (with the ability
to accept oversubscriptions of up to an additional NZ$50,000,000 at Genesis’ discretion) of 6-year fixed-rate
unsecured, unsubordinated green bonds (Green Bonds) to institutional investors and New Zealand retail
investors.

The offer opens today and will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt
securities of the same class as existing quoted debt securities. The offer is expected to close on 4 March 2022.

The interest rate for the Green Bonds will be set on the rate set date as being equal to the base rate plus the
margin, subject to a minimum interest rate of 4.00% per annum. The indicative margin range for the Green
Bonds is 1.05% to 1.20% per annum. An announcement of the actual margin and interest rate is expected to be
made via NZX on 4 March 2022 following a bookbuild process.

The Green Bonds are expected to be quoted on the NZX Debt Market and assigned a BBB+ credit rating by S&P
Global Ratings.

There is no public pool for the offer, with all of the Green Bonds being reserved for clients of the Joint Lead
Managers, NZX Participants and other approved financial intermediaries.

Full details of the offer are contained in the indicative terms sheet. The indicative terms sheet is available at
www.genesisenergy.co.nz/investors/reports-and-presentations or by contacting a Joint Lead Manager or your
usual financial advice provider.

Copies of the indicative terms sheet and investor presentation have also been provided to NZX with this
announcement.

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

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Announcement PDF