• Genesis Energy Ltd requests trading halt to conduct shortfall bookbuild
• Placement and pro rata rights offer to raise NZ$400 million
• Crown to maintain 51% shareholding after capital raise

Genesis Energy Ltd has requested a trading halt in its securities on the ASX and NZX, pending the release of an announcement regarding the completion of a shortfall bookbuild for its recently announced NZ$400 million capital raise. The capital raise consists of a NZ$100 million placement and a NZ$300 million pro rata renounceable rights offer, with the Crown committing to subscribe for shares to maintain its 51% shareholding in the company. The trading halt will remain in place until the earlier of the announcement of the outcome of the shortfall bookbuild or the opening of trading on 24 March 2026. Genesis believes the trading halt is necessary to enable the orderly conduct of the shortfall bookbuild process, as information about the bookbuild and investor participation may not be equally known to all market participants. The company expects to be in a position to announce the results of the bookbuild on 23 March 2026 or before market open on 24 March 2026.