Genesis Energy : Governance Roadshow Presentation July 2017

GENESIS ENERGY

Governance Roadshow July 2017 Dame Jenny Shipley, Chair Doug McKay, Director Uniquely placed as the only fully integrated energy management company in New Zealand Delivering a cohesive customer experience with 3 fuels on one platform Enabling New Zealand's high level of renewable energy Creating value through an integrated fuel platform Agile culture embracing and leading change

July 2017 Corporate Governance Roadshow 2

Making decisions with a holistic approach to value

OUR VISION

Reimagining energy to be customers'

first choice for energy management.

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• Board actively engaged in development of new strategy announced to market in FY17

• This included appointment of Chief Executive with skill

  set aligned with industry trends, interviews as part of

  Corporate strategy

  An optimised supplier and energy manager

  OPTIMAL TSR

  Path to 14%+ annualised TSR

  Lean and agile 1st quartile performer

  strategy review and collaboration around outcomes

  Investor strategyFinancial strategy

• Execution now being actively monitored against key strategic initiatives of optimise, invest and innovate

  Yield plus growth

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  Maintain 2.5-2.8x net debt/EBITDAF ratio

  May 2017 Update Presentation 3

  Focused on creating long-term value for shareholders

  • Key decisions in past year included appointment of new CEO, collaborating and endorsing new strategy, progressing two significant acquisitions, updating risk appetite across multiple categories and evolution of LTI

  • Significant board time expended in addition to regular meetings in FY17 to ensure both acquisitions and the

    associated financing were underpinned by a robust governance process

  • Focus areas for FY18 include board succession planning and monitoring strategy execution

DAME JENNY SHIPLEY

PAUL ZEALAND

MARK CROSS

MAURY LEYLAND

JOANNA PERRY

DOUG MCKAY

JOHN LEUCHARS

TIMOTHY MILES

July 2017 Corporate Governance Roadshow 4