GENUSPLUS GROUP LTD — Capital/Financing Update 2025

Jun 29, 2025

ASX Release 30 June 2025 For immediate release to the market

GENUS RECEIVES ORDER FOR WESTERN POWER MAINTENANCE WORKS

HIGHLIGHTS:

• Genus has been issued an Order under their existing Deed of Standing Offer, for a major program of maintenance and upgrade works for Western Power for FY2026

• The order is expected to generate revenue of circa $65 million in FY2026

National essential power and communications infrastructure provider GenusPlus Group Ltd (ASX: GNP) ( Genus or the Company ) will deliver a major program of maintenance and upgrade works for Western Power, a Western Australian State Government owned corporation responsible for building, maintaining and operating the South West Interconnecting System (SWIS) electricity network. This program of works extends the Genus relationship with Western Power that has been in place for many years.

Genus will provide Distribution and Transmission overhead maintenance services across Western Power’s network. The order has been issued via the five-year agreement executed in July 2024 and is expected to generate revenue of circa $65 million in FY2026.

The work includes pole replacements, reconductoring, cross arm and cross beam replacements, defect repairs, and line removal. The contract includes a range of services including Transmission overhead maintenance and siliconing.

The works will be delivered across Western Australia’s SWIS, stretching from Kalbarri in the north to Kalgoorlie in the east and Albany in the south. The SWIS comprises of both transmission and distribution networks and serves the majority of Western Australia’s population with over 2.3 million customers.

Genus Managing Director David Riches welcomed the opportunity to further extend the deep relationship with Western Power. “We are delighted to grow our maintenance and upgrade works for Western Power to assist in maintaining strong and reliable electricity infrastructure for Western Power and its customers.”

“Western Power looks forward to continuing its productive working relationship with Genus,” according to Western Power Executive Manager Asset Operations Zane Christmas. “ Industry plays an important role in supporting the delivery of the significant scope of work we undertake in maintaining and enhancing the network. It provides additional capacity will help us to deliver existing and future work programs.”

“Contracts such as this with Genus recognise the role Western Power plays in supporting business and employment in WA and their support alongside our operational workforce ensures we continue to deliver reliable, safe and increasingly clean energy to the community.

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

For more information:

INVESTOR ENQUIRIES

David Riches Damian Wright investors@genus.com.au investors@genus.com.au +61 8 9390 6999 +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 30 June 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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