NewFortress Energy 2Q23 Results

Major items to be defined by U.S. Treasury... 11 Appendix - Hydrogen Update Update: Inflation Reduction Act of 2022(25) US Treasury is due to publish its full guidance for 45V tax credit eligibility O Additionality Deliverability Time matching Our expectations Treasury ruling expected next week, however the full guidance could slip into the Fall Ruling likely to include a phased approached but one that gets the industry going all while working toward IPCC's climate goals ZeroParks business positioned for profitability in all IRA(25) ruling scenarios We're very optimistic that we can get this right and strike the right balance... to create the cost reductions that we need for electrolyzers, but do it in a way that puts us on a path to having the highest standards for green hydrogen going forward during the course of this decade." - John Podesta (Senior Advisor to the President for Clean Energy Innovation and Implementation, August 7, 2023, Bloomberg News) 26

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