Page 1

ASX Release 30 July 2026 RESILIENT SUPPLY CHAIN UNDERPINS EARNINGS GROWTH Л AMPOL Ampol Limited ( ASX : ALD ) today provides an update on the Group trading conditions for the first half of its 2026 financial year and on the second quarter Lytton Refiner Margin . Managing Director and CEO comments Matt Halliday , Managing Director and CEO , said : " The conflict in the Middle East has created unprecedented disruption across global energy markets , reinforcing just how critical the supply of liquid fuels and the preservation of a domestic refining capability are to our economy . " Throughout the disruption , our focus has been on keeping Australia and New Zealand moving . As demand surged and supply tightened , our integrated supply chain came under enormous pressure but remained resilient . Our people also responded exceptionally well , helping fuel continue to reach communities across the country . " During this period , our refinery performed very reliably , operating at maximum production and benefiting from rising prices for equivalent imported products . That performance reflects years of investment to improve the safety , reliability and resilience of the facility . " Key points • • • First half of 2026 financial year unaudited Group Replacement Cost Operating Profit ( RCOP ) 1 EBITDA of approximately $ 1,600 million ( 1H 2025 : $ 649 million ) and RCOP EBIT of approximately $ 1,350 million ( 1H 2025 : $ 404 million ) Ampol's supply chain readiness and flexibility , coupled with reliable operating performance at the Lytton refinery , meant Ampol was able to maintain supply to its Australian and New Zealand customers Lytton Refiner Margin ( LRM ) 2 averaged US $ 28.26 per barrel for the first half of the 2026 financial year with total refinery production of 2,945 ML , up 8.7 % on the same time last year and reflecting the strong operational performance First half Australian fuel sales ( Ex Net - sell ) were up 2.8 % 3,4 reflecting supply reliability during the period of disruption and the benefits of Ampol's Convenience Retail segmentation strategy , particularly U - GO Quarterly volumes 2Q 2026 2Q 2025 2Q Var ( % ) Convenience Retail 880 ML Australian wholesale 2,490 ML 869 ML 2,474 ML 1.3 % 1H 2026 1,778 ML 1H 2025 1,736 ML 1H Var ( % ) 2.4 % 0.7 % 5,056 ML 4,914 ML 2.9 % Subtotal Australian volume ( Ex Net - sell ) 3,370 ML 3,342 ML 0.8 % 6,834 ML 6,650 ML 2.8 % Net - sell 231 ML 298 ML ( 23 % ) 374 ML 697 ML ( 46 % ) Australian volume 3,600 ML 3,641 ML ( 1.1 % ) 7,208 ML 7,347 ML ( 1.9 % ) International 1,730 ML 1,795 ML ( 3.6 % ) 3,277 ML 3,238 ML 1.2 % New Zealand 845 ML 868 ML ( 2.6 % ) 1,817 ML 1,864 ML ( 2.5 % ) Total sales volume ( Group ) 6,176 ML 6,304 ML ( 2.0 % ) 12,301 ML 12,448 ML ( 1.2 % ) Total sales volume ( Group ex Net - sell ) 5,945 ML 6,005 ML ( 1.0 % ) 11,927 ML 11,751 ML 1.5 % LRM ( US $ / bbl ) AUD / USD LRM ( Acpl ) Refinery production 30.93 0.7097 27.40 1,511 ML 8.71 0.6402 8.53 1,406 ML 255 % 11 % 221 % 7.4 % 28.26 0.7023 25.20 2,945 ML 7.44 0.6340 280 % 11 % 7.36 243 % 2,709 ML 8.7 % 2Q Lytton Refiner Margin update The ongoing closure of the Strait of Hormuz continued to constrain the supply of crude oil to the global refinery system , particularly in the Asia region . As a result , regional refinery runs were curtailed to match available crude supply creating a material shortage in refined products that significantly raised product cracks .