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QUARTERLY REPORT 15 April 2021 WHITEHAVEN COAL WHITEHAVEN March 2021 Quarter Production Report and revised FY21 guidance Highlights • • . • • . . March quarter managed run - of - mine ( ROM ) production of 5.5Mt , up 12 % on previous corresponding period ( pcp ) March quarter managed saleable coal production of 4.3Mt , up 6 % on pcp March quarter total managed coal sales 4.8Mt , up 7 % on pcp , managed own coal sales 4.2Mt , up 7 % on pcp , total equity coal sales 4.0Mt , up 7 % on pcp , and equity sales of own coal 3.4Mt , up 7 % on pcp Managed coal stocks of 2.8Mt at period end As reported to the market on 23 March 2021 , rail and port infrastructure were impacted by weather events in March and the outage of Newcastle Coal Infrastructure Group ( NCIG ) shiploader SL1 Strong and consistent ROM production from our largest mine Maules Creek , despite impact of March rain events on production Narrabri underground mine performance impacted by continuing geological challenges which has resulted in unscheduled down time and additional longwall equipment repairs Considering the ongoing challenging conditions at Narrabri underground mine the Company deems it prudent to revise FY21 production , sales and unit cost guidance , refer to page 7 for details No known cases of COVID - 19 at any of our sites to date and operations remain largely unaffected but for distancing and hygiene measures . Comments from MD and CEO Paul Flynn " Q3 FY21 has been a mixed bag from an operational perspective and in having to address a number of logistical challenges . " Pleasingly we are seeing much improved and more consistent performance from our largest operation at Maules Creek , notwithstanding adverse weather in recent weeks . " Offsetting this progress to some extent has been the geological challenges encountered at the Narrabri Underground which has impacted production . " Coal prices have continued to improve over the quarter , responding to increased economic activity as well as supply constraints . " Disappointingly , we have had to revise down our FY21 production , sales and unit cost guidance due to the ongoing geological challenges at our underground mine , Narrabri . " Safety The safety outcome for the Group for the 12 months ending 31 March 2021 was a total recordable injury frequency rate ( TRIFR ) of 5.92 . Whitehaven Coal Limited ABN 68 124 425 396 Level 28 , 259 George Street , Sydney NSW 2000 | 02 8222 1100 | info@whitehavencoal.com.au | www.whitehavencoal.com.au