Investor Presentaiton

Committed to Building Shareholder Value Strong Track Record of Dividend Growth Dividends per Share $1.56 FY 2023 Dividend (up 7.6%) $1.33 $1.25 $1.45 72% 62% 58% 62% - 65% FY2020 FY2021 N New Jersey Resources FY2022 Dividend Payout Ratio as a % of NFEPS FY2023 7-9% LONG-TERM ANNUAL GROWTH (CONSISTENT WITH NFEPS LONG-TERM PROJECTED GROWTH RATE) 5

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