Investor Presentaiton

Introducing Fiscal 2023 NFEPS Guidance of $2.42 - $2.52 Represents 9.8% Year-over-Year Growth from Midpoint of FY 2022 Initial Guidance Range $1.74 Net Financial Earnings per Share $2.16 12.4% NFEPS CAGR THROUGH FY2023E $2.50 $2.25 $2.42 - $2.52 FY2020A FY2021A FY 2022A FY2023E N New Jersey Resources 1) 7-9% LONG-TERM ANNUAL GROWTH1 Fiscal 2023 NFEPS Guidance by Segment FY2024 EXPECTED TO BE AT OR ABOVE THE TOP END OF THE LONG-TERM ANNUAL GROWTH RANGE DUE TO IMPACT OF THE AMA New Jersey Natural Gas 55% - 60% Utility Non- Utility Energy Services 15% - 20% CEV 20%-25% S&T 4% -8% Home Services 0%-1% AMAS will generate majority of Energy Services' projected NFE for fiscal years 2023 and 2024 NFEPS long-term annual growth projections are based on the midpoint of the $2.20 - $2.30 initial guidance range for fiscal 2022, which excludes the effects of Energy Services' over-performance 4

View entire presentation