NewFortress Energy 2Q23 Results slide image

NewFortress Energy 2Q23 Results

Capacity & Customers Continued growth in utilization & capacity drive earnings growth & quality Two pathways to accelerate growth: 1. increasing utilization & 2. entering new markets Increased utilization & organic growth i Current terminal utilization modest Highly accretive margins Incremental volumes with no increase in capex or operating costs X Embedded position in growth markets Continued adoption. of cheaper, cleaner energy in NFE's existing high-growth locations. Additional terminal infrastructure Continue to develop LNG terminals to meet energy demand in under-served, high-growth markets Attractive return on capital Target ROIC >20% ● Opportunities in Caribbean, Central America, South Africa & Vietnam Portfolio value of growing terminal capacity More opportunities for organic growth Increasing scale & diversity of cash flows ● ● 13
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