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NewFortress Energy Results Presentation Deck

Endnotes (3) "pipeline" or "In Discussion" refers to potential customers (i) with whom we are in active negotiations, (ii) for whom there is a request for proposals or competitive bid process, or (iii) for whom we anticipate a request for proposals or competitive bid process will soon be announced based on our discussions with the potential customer as of date of this Presentation. We cannot assure you if or when we will enter into contracts for sales of additional volumes, the price at which we will be able to sell such volumes, or our costs to purchase, liquefy, deliver and sell such volumes. Some, but not all, of our contracts contain minimum volume commitments, and our expected sales to customers reflected in any volumes referenced is substantially in excess of potential minimum volume commitments. References to these volumes and percentages of these volumes should not be viewed as guidance or management's view of the Company's projected earnings, is not based on the Company's historical operating results, which are limited, and does not purport to be an actual representation of our future economics. (4) This chart is based on management's internal reporting of volume data through July 27, 2020 which is tracked by management through daily live monitoring, formal reporting systems and informal information gathering. The forecasted monthly average gallons per day between August 2020 and December 2020 is based on management's illustrative goals of volumes to be delivered in each month illustrated. There can be no assurance that other facilities, future facilities or the same facilities over a different timeframe will achieve similar results and actual results could differ materially from previous results. The results of any particular facility are not representative of the results of facilities as a whole, and as our operating history is limited, past performance is not a reliable indicator of future results and should not be relied upon for any reason. (5) "Annualized Op. Margin" during the period from July 1 through July 27 refers to an assumed Operating Margin of $4.15/MMBtu (based on management's estimated forecast for July 2020) multiplied by 365 days, and during the period from August 2020 through December 2020, refers to management's Illustrative Annualized Operating Margin Goal, calculated by multiplying the Illustrative Operating Margin Goal for each month by the estimated delivered volumes, and multiplying the total by twelve. Please see Endnote 2 to this Presentation for more information. (6) Based on daily traded volume as of June 10, 2020, the day our conversion from Class B shares to Class A shares became effective, and daily traded volume on July 28, 2020. Factors other than the conversion from Class B shares to Class A shares may have impacted the daily trading volume. (7) Based on share holdings as of June 10, 2020, the day our conversion from Class B shares Class A shares became effective, and share holdings on July 28, 2020. Factors other than the conversion from Class B shares to Class A shares may have impacted the share holdings of these investors. (8) Barron's, "The Big 3 Index Providers Have a Huge Amount of Power - Even Over Tesla", July 17, 2020 (available at https://www.barrons.com/articles/the-big-3-index-providers-have-a-huge- amount-of-powereven-over-tesla-51595026560). (9) We may not be included in major indices within the next two quarters or at all. There can be no assurance that passive assets will increase in line with our expectations or at all, particularly if we are not included in major indices. (10) Calculated based on the expected delivered volume of the 8 cancelled cargos divided by the $105mm payment related to the cancellation of such cargos. (11) The prices at which we have purchased cargos should not be relied upon to estimate the prices at which we will purchase cargos in the future. (12) $6mm savings calculated based on the average savings per MMBtu of LNG cancelled and repurchased at spot rates, multiplied by the volume of cargos cancelled and repurchased at spot rates. Our past results should not be relied upon to estimate our future results, and there can be no assurance that we will net a positive impact from our cargo swap. Savings for the second half of 2020 are based on the implied buydown price per MMBtu from our contracted cargos in the second half of 2020, less the actual market price of natural gas per MMBtu (sourced from Bloomberg as of July 3, 2020) multiplied times the number of MMBtu that were contracted in the second half of 2020 and which we expect to repurchase at actual market prices. There can be no assurance that we will purchase an equivalent number of cargos as we cancelled, or that the price we will pay for any cargos we purchase in the second half of 2020 will be in line with our expectations or lower than the price under which we cancelled cargos. 35

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