Green Energy, On Demand

Equity Raising Overview OFFER STRUCTURE AND SIZE OFFER PRICE ⚫ A non-underwritten $40M placement to sophisticated, professional and institutional investors (Placement) Approximately 266.7M new fully paid ordinary shares (New Shares) to be issued under the Placement, representing 25% of existing shares on issue ⚫ Share Purchase Plan capped at $10.0M1 (SPP) • Offer Price of $0.15 per new share, represents a: • 11.8% discount to the last close on 18 February 2022 of $0.170 per share USE OF FUNDS BALANCE SHEET RANKING SYNDICATE 13.2% discount to the 5-day volume weighted average price of $0.173 on 18 February 2022 Funds raised and a $35.0M senior debt facility will be used to reach financial close and fund construction of the Bouldercombe Battery Project (BBP), for general working capital and transaction costs associated with the Placement (See slide 5 for further details) Post capital raise, the BBP will be fully funded and Genex will retain working capital of $16.5M (before the costs of the Placement) to support the business in executing its portfolio development strategy New Shares issued under the Placement will rank pari passu with existing fully paid ordinary shares Canaccord Genuity (Australia) Limited and Morgans Corporate Limited are Joint Lead Managers and Bookrunners to the Placement Note 1: Shares to be issued at the lower of $0.15 per share or the 5-day volume weighted average price prior to the close of the SPP Genex | Green Energy, On Demand | Presentation 4

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