GENUSPLUS GROUP LTD — Capital/Financing Update 2025

Oct 14, 2025

ASX Release 15 October 2025 For immediate release to the market

GENUSPLUS AWARDED FORTESCUE DECARBONISATION CONTRACTS

HIGHLIGHTS:

• Genus has been awarded three contracts as part of Fortescue’s decarbonisation plan in Western Australia

• The Contracts have a combined value of approximately $60 million

• Planned completion fourth-quarter 2026

National essential power and communications infrastructure provider GenusPlus Group Ltd (ASX: GNP) ( Genus or the Company ) has been awarded three contracts for the construction of 220kV Transmission Lines, design and construction of approximately 30 kilometres of overhead power distribution infrastructure at Fortescue’s Christmas Creek mine site and the construction of fast charger and pit power facilities at Eliwana and Flying Fish.

Fortescue is committed to decarbonising its operations in mining, port, rail, non-process Infrastructure (NPI) and mobile fleet in the Pilbara in Western Australia to achieve Real Zero terrestrial emissions by 2030. Fortescue’s decarbonisation plan includes development of green power generation.

Genus will undertake the construction of the overhead 220kV transmission line infrastructure within Solomon mine. Genus will undertake design and construction of overhead 33kV power distribution infrastructure which includes 300 poles and overhead line conductor and associated hardware as well as the construction of two fast chargers and four pit power facilities. The contracts total circa $60 million.

Peak onsite manning will be approximately 80 personnel, with site access to be gained in October 2025 and with the works estimated to conclude in the fourth quarter of 2026, for the three contracts.

Genus Managing Director, David Riches, said: “ Genus is very pleased to have been awarded these additional contracts by Fortescue as Genus continues to support Fortescue with its decarbonisation initiatives in Western Australia.

Genus is committed to strengthening its longstanding and successful partnership with Fortescue as Fortescue advances toward its decarbonisation goals .” Mr Riches said.

The Board of the Company has authorised the release of this announcement to the market.

For more information:

INVESTOR ENQUIRIES

David Riches investors@genus.com.au +61 8 9390 6999

Damian Wright investors@genus.com.au +61 8 9390 6999

08 9390 6999 Level 1, 63-69 Abernethy Road, Belmont WA 6104 www.genus.com.au

GenusPlus Group Ltd | ABN 86 620 283 561

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ASX Release 15 October 2025 For immediate release to the market

ABOUT GENUSPLUS

GenusPlus Group Ltd is a specialist power and communications infrastructure and services provider operating across Australia. With years of practical experience across Australia, we design, build and maintain electrical transmission and distribution networks, substations and battery systems.

We enable customers to integrate new generation technology into traditional networks and support emerging networking solutions, meeting the demands of a carbon neutral economy.

Capitalising on our expertise in power networks and using the world’s best knowledge and technology, we also specialise in delivering integrated, efficient and scalable communication network solutions, including network design, and fixed and wireless infrastructure supported by real time network management expertise and capability. Further information is available at www.genus.com.au.

08 9390 6999 Level 1, 63-69 Abernethy Road, Belmont WA 6104 www.genus.com.au

GenusPlus Group Ltd | ABN 86 620 283 561

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