NewFortress Energy 2Q23 Results

ZeroParks spin considerations Started ~3.5 years ago; working towards tax-free spin to occur in the near future(11) Appendix - Hydrogen Update What ZeroParks means for NFE shareholders The first independent hydrogen producer Establishing ZeroParks as a separate, publicly traded, company continues to be our main objective (i) Deloitte's 2023 global green hydrogen outlook Market 'Megatrend' call option When our current pipeline of 5 projects is up & running(10) on the green hydrogen economy in the U.S. & abroad Production ~98k TPA of green hydrogen production $1.4 trillion(i) market opportunity by 2050 Economics ~$250mm of run-rate, annualized EBITDA(6) by YE'2026(11) Development Strategic access strategically geolocated near end users in hard-to-abate sectors of the economy Continuing to source additional opportunities throughout USA that leverage NFE's experience in infrastructure & project development 27

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