New Fortress Energy Q1 2022 Earnings Report

Reported Q1 2022 net cash flow from operations of $114 million, net income of approximately $241 million and EPS of $1.13 per share on a fully diluted basis

Reported Q1 2022 Adjusted EBITDA of approximately $258 million

Reiterated on-track to achieve illustrative full-year 2022 and 2023 Adjusted EBITDA targets of $1.0+ billion and $1.5+ billion, respectively

NFE’s Board of Directors approved a dividend of $0.10 per share, with a record date of June 14, 2022 and a payment date of June 28, 2022