• Genesis Energy raised NZ$400 million through a rights offer and placement
• Shortfall bookbuild cleared at NZ$2.22 per new share, a premium to the offer price
• Eligible shareholders who did not take up their rights will receive NZ$0.17 per new share

Genesis Energy Limited ('Genesis') has announced the successful completion of the shortfall bookbuild component of its NZ$300 million underwritten 1 for 7.9 pro rata renounceable rights offer ('Rights Offer'). The clearing price under the shortfall bookbuild was NZ$2.22 per new share, representing a premium of NZ$0.17 to the application price of NZ$2.05 per new share under the Rights Offer. As a result, eligible shareholders who did not take up their rights in full and shareholders who were ineligible to participate in the Rights Offer will receive NZ$0.17 for each new share not taken up by them. Settlement of the Rights Offer is expected to occur on 24 March 2026 for the ASX and on 25 March 2026 for the NZX, with allotment and commencement of trading on NZX and ASX expected to occur on 25 March 2026. In total, Genesis raised approximately NZ$400 million across the Rights Offer and a NZ$100 million underwritten placement announced on 23 February 2026.