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Quarterly Activities Report 30 April 2021 1 NEW HOPE GROUP Highlights • EBITDA¹ of $ 101m and strong cash generation for the quarter resulted from consistent production combined with improved realised prices . • Newcastle coal price has increased by 78 % ( monthly average ) since September 2020. With expectations pricing will continue to improve , the Company is well placed to finish the year with a solid financial result . • Bengalla realised average sales price for the quarter was AU $ 105.41 / t against AU $ 87.42 / t for the prior quarter . • New Acland undertaking rehabilitation , while preparing for Land Court hearing expected in November 2021 . • Interim Dividend of 4 cents per share declared during the quarter and paid on 5 May 2021 . Quarter Ended Nine Months Ended Forecast Apr - 21 ( * 000t ) Jan - 21 ( ' 000t ) Change Apr - 21 Apr - 20 ( % ) ( ' 000t ) ( ' 000t ) Change ( % ) FY21 ( ' 000t ) ROM Coal Production QLD 100 % owned and operated 986 853 15.6 % 2915 4842 ( 39.8 % ) 3,911 NSW 80 % owned operations 2,362 2,562 ( 7.8 % ) 7,115 7,320 ( 2.8 % ) 9,864 Total ROM Coal Production 3,348 3,414 ( 2.0 % ) 10,030 12,162 ( 17.5 % ) 13,775 Saleable Coal Production QLD 100 % owned and operated 430 455 ( 5.4 % ) 1,353 2,443 ( 44.6 % ) 1,816 NSW 80 % owned operations 1,856 1,908 ( 2.8 % ) 5,411 6,050 ( 10.6 % ) 7,788 Total Saleable Coal Production 2,286 2,363 ( 3.3 % ) 6,764 8,493 ( 20.4 % ) 9,604 Coal Sold * QLD 100 % owned and operated 426 603 ( 29.4 % ) 1,483 2,973 ( 50.1 % ) 2,080 NSW 80 % owned operations 2,071 1,973 5.0 % 5,899 6,193 ( 4.8 % ) 8,289 Total Coal Sold 2,497 2,576 ( 3.1 % ) 7,382 9,166 ( 19.5 % ) 10,369 QBH Export Throughput 806 1,019 ( 21.0 % ) 2,096 4,108 ( 49.0 % ) 3,701 * Includes Trade Coal Sales . Earnings before interest , tax , depreciation and amortisation ( EBITDA ) is not defined by IFRS and is a non - statutory measure . This non - IFRS information has not been audited . www.newhopegroup.com.au New Hope Corporation Limited ACN 010 653 844 1