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GENUSPLUS GROUP LTD Capital/Financing Update 2025

Sep 14, 2025

65005_rns_2025-09-14_20c2567b-8fb4-43b2-991d-a2013e621364.pdf

Capital/Financing Update

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ASX Release 15 September 2025 For immediate release to the market

GENUS SELECTED BY ALINTA ENERGY TO COMPLETE DELIVERY OF THE 100MW/200MWh WAGERUP BESS PROJECT IN WA

HIGHLIGHTS:

  • Genus has been selected to complete the delivery of Alinta Energy’s Wagerup Battery Project in South-West WA

  • The battery will connect to existing high voltage infrastructure at the Wagerup Power Station

  • Contract Value approximately $50 million.

National essential power and communications infrastructure provider GenusPlus Group Ltd (ASX: GNP) ( Genus or the Company ) has been selected by Alinta Energy to complete delivery of the company’s 100MW/200MWh Battery Energy Storage System in Western Australia.

Located at the Wagerup Power Station in WA’s South West, the battery will connect to existing high voltage infrastructure, to help stabilise the SWIS, and provide backup capacity when needed.

Genus will undertake remaining project works to complete the construction and commissioning associated with the Balance of Plant Works, the completion contract having a value of approximately $50 million. Genus will engage with circa 100 personnel to complete the Project using significant local content from Western Australia. Award of these works also deepens Genus’ relationship with Alinta Energy, following its contract award earlier this year for the Design, Construction & Commissioning of Alinta’s Reeves Plains (BESS) in South Australia

Genus Managing Director David Riches said Genus was pleased to be called on as a trusted partner to complete delivery of a grid-critical BESS asset, increasing its fast-expanding footprint in the Battery Energy Storage Market while building on an already strong relationship with Alinta Energy.

“We’re proud to have been trusted by Alinta to complete this important BESS project safely, efficiently and in a timely manner” said Mr Riches.

“This award reflects the reputation Genus has developed in a relatively short period of time. Every successful delivery reinforces our position as a partner of choice in the battery energy storage space - and this project is a testament to the strength of our people, our client partnerships and our purpose.”

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

For more information:

INVESTOR ENQUIRIES

David Riches [email protected] +61 8 9390 6999

Damian Wright [email protected] +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 September 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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