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Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Any and All of Its 7.750% Senior Notes Due 2028

Genesis Energy, L.P. (NYSE: GEL) today announced that receipt of tenders for an aggregate principal amount of $415,942,000 of our outstanding 7.750% senior notes due 2028 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation in connection with its previously announced cash tender offer (such transaction, the “Tender Offer”) to purchase any and all of the aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on March 3, 2026 (the “Early Tender Deadline”), as well as the expected initial settlement date for the Tender Offer on March 5, 2026 (the “Initial Settlement Date”).

We will continue to accept Notes tendered after the Early Tender Deadline for any and all Notes, $679,360,000 aggregate principal amount of which was outstanding when the Tender Offer was announced. The Tender Offer will expire at 5:00 p.m., New York City time, on March 18, 2026, unless extended or earlier terminated (such time and date as the same may be extended, the “Expiration Time”). The withdrawal deadline for validly tendered Notes was 5:00 p.m., New York City time, on March 3, 2026. Holders of Notes who validly tender their Notes following the Early Tender Deadline and at or prior to the Expiration Time will receive the applicable “Tender Offer Consideration” per $1,000 principal amount of any such tendered Notes that are accepted for purchase, which is equal to the Total Consideration minus the Early Tender Payment. The settlement date for Notes that are tendered following the Early Tender Deadline but at or prior to the Expiration Time is expected to be March 20, 2026 (the “Final Settlement Date”). Holders of Notes accepted for purchase on the Final Settlement Date will also receive accrued interest from the most recent interest payment date for the Notes up to, but not including, the Final Settlement Date.

The Tender Offer is being made pursuant to the terms and conditions of an offer to purchase, dated as of February 18, 2026 (as amended by our February 18, 2026 press release, and as may be further amended or supplemented from time to time, the “Offer to Purchase”). Capitalized terms not defined in this announcement have the meanings given to them in the Offer to Purchase.

In connection with the Tender Offer, we have retained BofA Securities, Inc. as the Dealer Manager. Questions regarding the Tender Offer should be directed to BofA Securities, Inc. by calling collect at 980-388-3378 or toll free at 888-292-0700. Requests for copies of the Offer to Purchase and related documents should be directed to D.F. King & Co., Inc., the Tender Agent and Information Agent for the Tender Offer, at (800) 817-5468 (toll free).

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved, including statements related to the Tender Offer. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are publicly available on our website at https://www.genesisenergy.com/. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward- looking statement.

About Genesis Energy, L.P.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, marine transportation and onshore transportation and services. Genesis’ operations are primarily located in the Gulf Coast region of the United States and the Gulf of America.

Contacts

Genesis Energy, L.P.
Dwayne Morley
VP – Investor Relations
(713) 860-2536

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