GENUSPLUS GROUP LTD — Capital/Financing Update 2025

Jun 29, 2025

ASX Release 30 June 2025 For immediate release to the market

GENUS AWARDED 250MW REEVES PLAINS BESS PROJECT

IN SOUTH AUSTRALIA

HIGHLIGHTS:

• Genus has been awarded a contract by Alinta Energy for the Design, Construction & Commissioning of the Reeves Plains Battery Energy Storage System (BESS) and associated infrastructure in South Australia

• Contract for the Reeves Plains BESS Project Stage 1 worth approximately $105 million

• A strategic move into the SA Renewables market for Genus, and a flagship project for Alinta Energy

National essential power and communications infrastructure provider GenusPlus Group Ltd (ASX: GNP) ( Genus or the Company ) has been awarded a contract by Alinta Energy to perform the design, supply, construction and commissioning of the Reeves Plains Battery Energy Storage System ( Reeves Plains BESS ) and associated infrastructure in South Australia ( Project ). The BESS includes a 275kV switchyard which will export electricity to the National Electricity Market ( NEM ) and connect to ElectraNet’s high voltage transmission system.

The 250MW Stage 1 BESS forms part of Alinta Energy’s Reeves Plains Energy Hub, approximately 50 minutes drive north of Adelaide. The 4-hour Battery Energy Storage System will have the capacity to power around 300,000 households, and will help to stabilise the power grid by storing excess energy for use in high-demand periods. The project will feature approximately 194 battery modules and 87 inverters, as well as electrical connections, substation, water storage, office & control room and vegetated site screening.

Genus’ scope will include design & engineering, equipment supply, civil construction, mechanical & electrical installation works, construction of the 275kV Switchyard and connection to Electranet’s high voltage network; as well as testing & commissioning. The contract value is approximately $105 million. Genus will engage with circa 100 personnel to complete the Project using significant local content from South Australia.

The Company’s involvement in this landmark project reflects its ongoing partnership with Alinta Energy and Genus’ dedication to being the country’s contractor of choice for complex, high-impact energy solutions.

Managing Director David Riches said that Genus is proud to expand its footprint in the Battery Energy Storage sector, reinforcing its commitment to delivering critical infrastructure that powers Australia’s energy future.

“This flagship project represents a significant step forward in our strategic growth within the renewable energy sector”, said Mr Riches . “It underscores the strength of our long-standing client relationships and our proven track record for safe, reliable delivery. We are proud to be at the front line of building the projects that keep this country moving, growing & connected; and we look forward to continuing this valued collaboration with Alinta Energy.”

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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