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ASX Release | 18 November 2021 Quarterly Activities Report 31 October 2021 NEW HOPE CORPORATION LIMITED ABN 38 010 653 844 Highlights • Underlying EBITDA¹ for the quarter was A $ 242.5m . • Thermal coal prices continue to trend high , and demand remains strong . • Bengalla coal sales increased 5.5 % against the prior quarter , maximising the high price environment . • Debt facility reported at 31 July 2021 of A $ 310m fully repaid from operational cash flows . Quarter Ended 31 October 2021 Actual Budget Oct - 21 Jul - 21 Change FY22 ( * 000t ) ( ' 000t ) ( % ) ( * 000t ) ROM Coal Production QLD 100 % owned and operated 501 1094 ( 54.2 % ) 374 NSW 80 % owned operations 2,543 2,878 ( 11.6 % ) 10,444 Total ROM Coal Production 3,044 3,972 ( 23.4 % ) 10,818 Saleable Coal Production QLD 100 % owned and operated 283 467 ( 39.4 % ) 220 NSW 80 % owned operations 2,043 2,350 ( 13.1 % ) 8,512 Total Saleable Coal Production 2,326 2,817 ( 17.4 % ) 8,732 Coal Sold * QLD 100 % owned and operated 323 528 ( 38.8 % ) 535 NSW 80 % owned operations 2,305 2,185 5.5 % 8,550 Total Coal Sold 2,628 2,713 ( 3.1 % ) 9,085 QBH Export Throughput 863 989 ( 12.7 % ) 2,626 * Includes Trade Coal Sales 1 Earnings before interest , tax , depreciation , and amortisation ( EBITDA ) is not defined by IFRS . Underlying EBITDA is a non - statutory measure and is unaudited . 1 NEW HOPE GROUP