GENUSPLUS GROUP LTD — Investor Presentation 2023

Jun 5, 2023

ASX Release 6 June 2023 For immediate release to the market

Replacement Page – Genus Presentation – Bell Potter Network

GenusPlus Group Ltd (ASX: GNP) ( GenusPlus or the Company ) refers to the presentation lodged with the ASX earlier today ( Presentation ).

It has come to the attention of the Company that an incorrect version of the Presentation containing an error on page 3 was lodged with the ASX.

Attached is the amended page 3 of the Presentation showing the amendment.

The Managing Director 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

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.

P: (08) 9390 6999 www.genus.com.au

GenusPlus Group Ltd ABN 86 620 283 561 Level 1, 63 Abernethy Road, Belmont WA 6104

OPERATIONS

Operational Highlights

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• FY2023 has been a year of pursuing new opportunities coupled with an operational focus and integrating recent acquisitions

• Communications segment has been restructured and is now right-sized, breaking even and ready for growth.

• Selected as preferred proponent to deliver part of the $3.3 billion Transgrid HumeLink 500kV Transmission Project in NSW, as part of AKG JV.

• Completed the Group’s first 330kV Transmission Project on the East Coast – Rye Park Wind Farm

• Completed Kwinana Battery Energy Storage System (BESS) – now in Operational testing – EPC project to deliver WA’s first major grid-connected battery for Synergy.

• Successfully awarded the design, supply and installation of 33kV overhead lines contract at Rio Tinto’s Western Range Project at circa $30 million

• Successfully awarded circa $30 million works package at Fortescue’s Pilbara Generation Project at the North Star Junction (NSJ)

• site.

• Significant investment in growing the East Coast expansion has positioned Genus to benefit from the substantial investment .

• required to the power network over the next 20 years

• Expect strong growth in the medium term with a large pipeline of renewable and transmission projects.

• Growth in East Coast revenue as a percentage of total revenue is expected to continue, having grown from 22% in FY22 to 30% in HY23.

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