New Fortress Energy Inc. Announces Launch of Practice Statement Letter

New York - April 20, 2026

New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") previously announced on March 17, 2026, that it entered into a Restructuring Support Agreement ("RSA") with its creditors as part of a consensual UK Restructuring Plan ("UK RP"). NFE is pleased to announce that it has received commitments of support for the transaction, to be implemented through a UK RP, from approximately 97% in value of its holders and lenders in aggregate.

Practice Statement Letter
NFE is also pleased to announce that its subsidiaries, NFE Global Holdings Limited ("NFE Global") and NFE Brazil Newco Limited ("NFE Brazil", together with NFE Global, the "Plan Companies"), have now executed and published a practice statement letter dated April 20, 2026 (the "Practice Statement Letter"), in connection with the implementation of the transactions contemplated by the RSA via the UK RP.

The Practice Statement Letter is addressed to the Plan Creditors (as defined in the Practice Statement Letter). The Practice Statement Letter outlines each of the Plan Company's proposed UK RP, its proposed effects and the next steps for Plan Creditors. Creditors are encouraged to read the Practice Statement Letter which is available online through the website: https://deals.is.kroll.com/nfe (the "Plan Website"), which has been set up by Kroll Issuer Services Limited as information agent in connection with the UK RP. Creditors that do not already have a password to access the Plan Website and require one should contact the information agent at the email address nfe@is.kroll.com.

Creditors should contact the Information Agent at nfe@is.kroll.com with any questions on accessing the Practice Statement Letter - including to request provision of a hard copy.

Convening Hearing
The Plan Companies intend to apply to the High Court of Justice of England and Wales, for permission to convene a meeting of Plan Creditors (as defined in the Practice Statement Letter) to consider and, if thought appropriate, approve the UK RP (the "Convening Hearing"). The date of the Convening Hearing is expected to be May 14, 2026 and the details of the Convening Hearing will be confirmed to Plan Creditors by the Information Agent (and details will also be available on the Plan Website).

About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company's assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

New Fortress Energy Inc. - press release