NewFortress Energy 2Q23 Results

(in thousands of $) Appendix Segment operating margin reconciliation Year Ended December 31, 2022 Ships (2) Total revenues Cost of sales Vessel operating expenses Operations and maintenance Consolidated Segment Operating Margin Less: Selling, general and administrative Transaction and integration costs Depreciation and amortization Asset impairment expense Interest expense Other (income), net Loss from extinguishment of debt, net Loss from equity method investments Tax (benefit) Net income Terminals and Infrastructure (1) 2,168,565 1,142,374 129,970 896,221 444,616 90,544 354,072 Total Segment 2,613,181 1,142,374 90,544 129,970 1,250,293 Consolidation and Other (3) (244,909) (131,946) (27,026) (24,170) (61,767) Consolidated 2,368,272 1,010,428 63,518 105,800 1,188,526 236,051 21,796 142,640 50,659 236,861 (48,044) 14,997 472,219 (123,439) 184,786 (1) Prior to the completion of the Sergipe Sale, Terminals and Infrastructure included the Company's effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR. The loss attributable to the investment of $397,874 for the year ended December 31, 2022 are reported in (Loss) income from equity method investments on the consolidated statements of operations and comprehensive income (loss). Terminals and Infrastructure does not include the unrealized mark-to-market loss on derivative instruments of $106,103 for the year ended December 31, 2022 reported in Cost of sales. (2) Ships includes the Company's effective share of revenues, expenses and operating margin attributable to 50% ownership of the Hilli Common Units. The earnings attributable to the investment of $77,132 for the year ended December 31, 2022 are reported in (Loss) income from equity method investments on the consolidated statements of operations and comprehensive income (loss). (3) Consolidation and Other adjusts for the inclusion of the effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR and Hilli Common Units in our segment measure and exclusion of the unrealized mark-to-market gain or loss on derivative instruments. 35

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