NewFortress Energy 2Q23 Results

Victoria Añasco San Sebastian Mayaguez Wanta Acacias ET 17 power sites (i) (ii) In 2021, PREPA issued an RFP to take over operations of its assets(i) Customers & Terminals Update In 2021, PREPA, Puerto Rico's utility, began privatization San German Hatil Caonillas Guanica Barceloneta Dos Bocos Canas Ponce 4,693 MW nameplate capacity Vega Bajaborado Toro Negro Barranquias ************ Comerio Juana az Pattern ind Farm Santa Isabe Martin Cena Monacillos Viaducto Isla Grande G.I.S. Hato Rey Cayey Jobos iii¡ 700 employees Berwineanovanas Palmer Caguas Rio Blanco Juncos Daguao Humaca Shell Fajardo Maunabo se 1.5mm customers We won the RFP & GeneraPR, our subsidiary, took over from PREPA on July 1(1⁹) These assets encompass 85% of Puerto Rico's generation capacity... but they are currently old, inefficient & unreliable 1981 average year built(i) Improve reliability of the power grid 630x more likely to be without power than mainland U.S. (ii) * GeneraPR mandate has two main goals: Jeg Public-Private Partnerships Authority, "Partnership Committee Report: Puerto Rico Public-Private Partnership for the Puerto Rico Electric Power Thermal Generation Facilities", October 17, 2022 LUMA Resource Accuracy Report Lower power costs 16

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