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Investor Presentaiton

NJR Review of Fiscal Q422 NFE Changes ($ in Millions) $17.0 $8.9 $11.0 Fiscal 4Q21 - Consolidated NFE ($ in millions) NJNG SA 6.6 7.8 Utility Gross Margin* 16.5 $47.9 O&M (2.1) $(3.4) Depreciation & Amortization (D&A) $ (2.9) Interest expense, AFUDC, Income Tax $ (3.7) Clean Energy Ventures Revenue SASA 17.0 $ 23.4 O&M $ (3.1) D&A, Interest Expense and Other (3.3) Storage & Transportation Operating Income SS 8.9 12.3 Equity in Earnings of Affiliates Other (0.2) $7.8 (3.2) $6.6 Energy Services Financial Margin* 11.0 Interest Expense, Income Tax and Other SS $ 29.7 (18.7) Home Services and Other (3.4) 4Q 2021 NJNG CEV S&T ES HS & Other 4Q 2022 Fiscal 4Q22 - Consolidated NFE ($ in millions) $ 47.9 1) A reconciliation of these non-GAAP measures can be found in the Appendix N New Jersey Resources 25 25
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