NewFortress Energy Results Presentation Deck
Executive Summary
Corporate Actions: Converting Shares & Corporate Structure
1
Converted all
Class B shares to Class A shares
Allowed substantial increase in investment
by current shareholders:
●
Some shareholders were capped due
to internal restrictions on percentage of
free float
Top holders have increased their
positions by 10% since conversion (6)
Our average daily traded volume increased
by ~150%(7)
●
●
●
2
Converting from
LLC to C Corporation
Can now be included in major indices such as
S&P, FTSE Russell and MSCI
Index and passive funds represent over $8.5
trillion (over 40%) of fund industry assets(8)
Expected inclusion within next two quarters(⁹)
Passive assets expected to increase to
10-15% of holdings from current 1%(⁹)
7View entire presentation