0001140361-25-040794 Sample Contracts

NEW JERSEY RESOURCES CORPORATION
Performance Share Units Agreement • November 6th, 2025 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance Share Units Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance Share Units” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goal and Earning of Performance Share Units”, confirms the grant on November __, 2025 (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to _____________ (“Employee”), under Sections 6(e), 6(i) and 7 of the 2017 Stock Award and Incentive Plan (the “Plan”), of Performance Share Units (the “Performance Share Units”), including rights to Dividend Equivalents as specified herein, as follows:

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NEW JERSEY RESOURCES CORPORATION
Performance-Based Restricted Stock Units Agreement • November 6th, 2025 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance-Based Restricted Stock Units Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance-Based Restricted Stock Units” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goals and Vesting of Performance-Based Restricted Stock Units”, confirms the grant on November __, 2025 (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to ___________________ (“Employee”), under Sections 6(e), 6(i) and 7 of the 2017 Stock Award and Incentive Plan (the “Plan”), of Performance-Based Restricted Stock Units (the “Performance-Based Restricted Stock Units”), including rights to dividends paid on the Performance-Based Restricted Stock Units as specified herein, as follows:

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NEW JERSEY RESOURCES CORPORATION
Restricted Stock Units Agreement • November 6th, 2025 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Restricted Stock Units Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Restricted Stock Units” (the “Terms and Conditions”), confirms the grant on November ___, 2025 (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to ____________________ (“Employee”), under Section 6(e) of the 2017 Stock Award and Incentive Plan (the “Plan”), of Restricted Stock Units, including rights to Dividend Equivalents as specified herein, as follows:

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