NewFortress Energy Investor Update

$3.1bn Enterprise Value Hygo: Total acquisition cost of $2.18bn NFE to issue $950mm stock and pay $50mm cash to GLNG for 50% stake in Hygo ● ● ● Appendix Hygo: Sources & Uses NFE to pay cash to Stonepeak for $180mm preferred equity + $350mm cash + rest in NFE stock (50% stake in Hygo ($1bn + $180mm = $1.18bn)) Expect to keep $1.0bn project-level debt in place NFE Cash NFE Shares Issued to Stonepeak NFE Shares Issued to GLNG Total Sources Hygo Acquisition ($mm) Sources $580 $650 $950 $2,180 Cash to Stonepeak ($180mm pref +$350mm) NFE Stock to Stonepeak Cash to GLNG NFE Stock to GLNG Total Uses Uses $530 $650 $50 $950 $2,180 26

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