NewFortress Energy Investor Update

Endnotes (9) "Under Construction" means "In Construction", "Under Construction", Development", "In Development" or similar statuses means that we have taken steps and invested money to develop a facility, including procuring land rights and entitlements, negotiating or signing construction contracts, and undertaking active engineering, procurement and construction work. We [also] have one liquefier in Pennsylvania In Development. We also have many commercial and industrial facilities In Development for industrial and power customers. Our development projects are in various phases of progress, and there can be no assurance that we will continue progress on each development as we expect or that each development will be Completed or enter full commercial operations. There can be no assurance that we will be able to enter into the contracts required for the development of these facilities on commercially favorable terms or at all. If we are unable to enter into favorable contracts or to obtain the necessary regulatory and land use approvals on favorable terms, we may not be able to construct and operate these assets as expected, or at all. Additionally, the construction of facilities is inherently subject to the risks of cost overruns and delays, and these risks of delay are exacerbated by the COVID-19 pandemic. If we are unable to construct, commission and operate all of our facilities as expected, or, when and if constructed, they do not accomplish our goals, or if we experience delays or cost overruns in construction, our business, operating results, cash flows and liquidity could be materially and adversely affected. (10) "addressable market" means management's estimate of the market available to serve from our terminals and facilities that are currently Operational or Under Development. The addressable market may be limited by the location of our terminals and the power, pipeline or other infrastructure nearby that allows us to serve customers more easily. Management's estimate of the addressable market does not reflect our record of sales in a particular market or our expectations with respect to our business in a particular market. "Current" reflects each terminal or facility's capacity to serve customers given its current infrastructure and operational constraints. "Max" refers to each terminal or facility's potential capacity if additional infrastructure (such as storage, regasification, truck loading bays, or pipelines) were added or if additional operational capacity were added. There can be no assurance that we will be able to make sales to any portion of the market or any portion of a particular market. The addressable market described on this slide assumes that all terminals and power plants are Operational, which is not expected to occur until the end of 2022. The addressable market is also dependent on the closing of the Hygo and Suape acquisitions. There can be no assurance that closing will be attained within the timeline that we expect or at all. (11) The images of the terminals and power plants in Brazil, the FSRUS and the FLNG represent assets that we currently anticipate developing, constructing or developing following the closing of the previously announced acquisitions. This infrastructure is not currently in place and there can be no assurance that such development, construction or acquisition will be attained on the timeline we expect or at all. There can be no assurance that closing will be attained within the timeline that we expect or at all. (12) This statement is management's position based on the company's position in the gas-to-power market upon the closing of the acquisition of Hygo and GMLP. There can be no assurance that closing will be attained within the timeline that we expect or at all. (13) This slide assumes that we make an Operating Margin of $1.50/MMBtu or $2.50/MMBtu, as applicable, and are able to capture 10%, 25% or 50% of the addressable market, as applicable. There can be no assurance that we will make any particular Operating Margin or that we will capture any particular percentage of the market and actual results may differ materially from this illustration. 31

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