PitchSend

Investor Presentaiton

Re-Affirming Fiscal 2023 NFEPS Guidance of $2.62 to $2.72 Guidance Raised by $0.20 in Q1 FY2023; Represents 8.1% Increase from Midpoint of FY 2023 Initial Guidance Range Net Financial Earnings per Share Fiscal 2023 NFEPS Guidance by Segment $1.74 $2.16 15.3% NFEPS CAGR THROUGH FY2023E $2.62 - $2.72 $2.50 $2.251 $2.471 YTD 2023 NFEPS $2.30 FY2020A FY2021A FY 2022A FY2023E N New Jersey Resources 1) 7-9% LONG-TERM ANNUAL GROWTH1 CEV 18% - 20% Non- S&T 4% -8% New Jersey Natural Gas Utility Utility Home Services 0%-1% FY2024 EXPECTED TO BE AT OR ABOVE THE TOP END OF THE LONG-TERM ANNUAL GROWTH RANGE DUE TO IMPACT OF THE AMA 48% -53% NFEPS long-term annual growth projections are based on the midpoint of the $2.20 - $2.30 initial guidance range for fiscal 2022, provided on February 1, 2021 Energy Services 20%-25% 5

View entire presentation