NewFortress Energy Investor Update

(Operational) How does FLNG fit into business model? FLNG is the future of liquefaction FLNG is what FSRUS were 20 years ago...we are investing at the beginning of an industry-disruptive future FLNG Hilli Episeyo Acquisition will give us FLNG technology, which allows access to stranded offshore fields Allows owners to monetize stranded assets NFE gains access to a stable source of low-cost LNG It's a WIN-WIN-WIN Ability to provide fixed- price LNG to customers (move away from Brent/ Henry Hub indexation) 23

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