Page 1

NEW HOPE GROUP NEW HOPE CORPORATION LIMITED ABN : 38 010 653 844 QUARTERLY ACTIVITIES REPORT 31 January 2021 22 February 2021 Quarter Ended Jan - 21 Jan - 20 Change ( ' ooot ) ( ' ooot ) ( % ) Jan - 21 ( ' ooot ) ( ' ooot ) Six Months Ended Jan - 20 Change ( % ) Saleable Coal Production QLD 100 % owned and operated NSW 80 % owned operations 455 1,908 Total Saleable Coal Production Coal Sold * 2,363 686 2,196 2,882 ( 33.7 % ) 922 ( 13.1 % ) 3,555 ( 18.0 % ) 4,478 1,866 ( 50.6 % ) 4,344 ( 18.2 % ) 6,210 ( 27.9 % ) QLD 100 % owned and operated 600 NSW 80 % owned operations Total Coal Sold QBH Export Throughput 1,973 2,573 1,019 992 2,027 3,019 1,402 ( 39.5 % ) 1,054 ( 2.7 % ) 3,828 4,256 ( 14.8 % ) 4,882 6,362 ( 27.3 % ) 2,096 2,868 2,106 ( 50.0 % ) ( 10.1 % ) ( 23.3 % ) ( 26.9 % ) * Includes Trade Coal Sales KEY POINTS • • Total Recordable Injury Frequency Rate ( TRIFR ) continuing to trend downwards during the quarter , with safety remaining a top priority ; Newcastle coal price has increased by 48 % ( monthly average ) since October 2020 ; • Stronger demand for coal forecasted as economic activity increases across Asia ; • • • Total coal sales ( 100 % ) for Bengalla better than planned at 2.466 million tonnes ; Phase one of the grazing trial at West Moreton completed with strong results ; and High Court upholds appeal against Queensland Court of Appeals and orders New Acland Stage 3 back to Land Court . REGISTERED OFFICE P : GPO Box 2440 , Brisbane QLD 4001 A : Level 16 , 175 Eagle Street , Brisbane , QLD , 4000 T : +61 7 3418 0500 F : +61 7 3418 0355 W : newhopegroup.com.au Page 1