Earnings release
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June 2026 (Q4 FY26) Quarterly Production Report 28 July 2026 Whitehaven Coal Limited ABN 68 124 425 396 Page 1 of 9 Strong Q4 performance delivers FY26 ROM production and sales at top end of guidance • FY26 total recordable injury frequency rate (TRIFR) improved to 3.3 (4.6 in FY25) for employees & contractors, which was a record for the expanded business • June quarter managed ROM production of 10.7Mt, up 13% on March quarter, and 40.3Mt for FY26, up 3% on FY25 • Total June quarter equity sales of produced coal of 6.3Mt, and 26.0Mt for FY26 • FY26 revenue mix of 57% metallurgical and 43% thermal coal1 • FY26 unit cost of coal of ~$132/t and capex of ~$350 million, both positive relative to guidance range • Targeted A$60 million to A$80 million of annualised cost savings delivered in FY26 • Net debt at 30 June 2026 of A$1.3 billion (compared with A$0.6 billion at 31 March 2026) after second deferred acquisition payment of US$500 million paid to BMA on 2 April 2026. QLD – Strong Q4 recovery post weather impacted Q3 to finish FY26 at top end of guidance • QLD managed ROM production of 5.7Mt for the June quarter, 41% up on March quarter, FY26 ROM production of 20.1Mt is in line with FY25 • QLD equity sales of produced coal of 3.2Mt for the quarter and 12.5Mt for FY26 • June quarter average achieved price2 of A$247/t for QLD operations with FY26 average metallurgical coal realisations at 74% of the PLV HCC Index. NSW – FY26 ROM production and sales at top end of guidance • NSW managed ROM production of 5.0Mt in the June quarter, down 8% on the March quarter, FY26 ROM production of 20.2Mt, up 6% on FY25 • NSW equity sales of produced coal of 3.1Mt for the quarter and 13.5Mt for FY26 • June quarter average achieved price2 of A$197/t for NSW operations with thermal coal realisations at 104% of gC NEWC, and 102% for FY26. Commenting on Whitehaven’s quarterly production, Paul Flynn, CEO & Managing Director said: “Whitehaven delivered a strong finish to FY26, with June quarter managed ROM production of 10.7Mt and full year ROM production of 40.3Mt. June quarter equity sales were 6.3Mt, contributing to FY26 equity sales of produced coal of 26.0Mt. “Both Queensland and New South Wales operations achieved ROM production and sales outcomes at the top end of guidance, demonstrating the quality and resilience of our asset portfolio. “Our revenue mix for FY26 was 57% metallurgical coal and 43% thermal coal1, providing diversified exposure to both steelmaking and energy markets. “Cost discipline remained a key focus throughout FY26. Subject to final audit, unit cost of production is expected to be A$132/t, at the low end of guidance, and capital expenditure is also expected to finish towards the low end of guidance. In addition, we delivered annualised cost savings within our A$60-80 million target range. “Our balance sheet remains robust. During the quarter, the second US$500 million deferred acquisition payment to BMA was paid, and we completed the refinancing of our debt facilities, substantially reducing our cost of debt, diversifying funding, and extending maturities."
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 2 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Production, Sales Volumes and Stocks Managed and equity production and sales volumes for Group, QLD and NSW are shown below. Data by mine is provided in the table on page 7. Note: The 30% sell down of Blackwater was completed on 31 March 2025. To present comparisons on a like-for-like basis, the table below has equity data for prior periods adjusted to reflect a proforma 70% ownership of Blackwater. Adjusted numbers are in green italics. Quarter ended Financial year ended Tonnes (‘000) Jun-26 Mar-26 QoQ Change Jun-25 Jun-26 Jun-25 YoY Change Whitehaven Production, Sales Volumes and Stocks Managed ROM Coal Production 10,725 9,496 13% 10,586 40,262 39,139 3% Managed Saleable Coal Production 8,060 8,383 (4%) 7,755 32,459 30,116 8% Managed Sales of Produced Coal 7,835 8,643 (9%) 7,441 32,710 30,196 8% Total Managed Coal Sales 8,295 8,750 (5%) 7,441 33,597 30,815 9% Managed Coal Stocks at period end 3,859 3,123 24% 4,180 3,859 4,180 (8%) Equity ROM Coal Production 8,510 7,631 12% 8,360 32,105 31,039 3% Equity Saleable Coal Production 6,386 6,682 (4%) 6,123 25,781 23,836 8% Equity Sales of Produced Coal 6,316 6,825 (7%) 5,955 25,982 23,985 8% Total Equity Coal Sales 6,776 6,932 (2%) 5,955 26,863 24,604 9% Equity Coal Stocks at period end 3,047 2,513 21% 3,215 3,047 3,215 (5%) QLD Production, Sales Volumes and Stocks Managed ROM Coal Production 5,705 4,055 41% 5,643 20,074 20,035 0% Managed Saleable Coal Production 4,293 3,938 9% 4,327 15,828 15,575 2% Managed Sales of Produced Coal 3,995 4,165 (4%) 4,122 15,905 15,785 1% Managed Coal Stocks at period end 2,096 1,627 29% 2,039 2,096 2,039 3% Equity ROM Coal Production 4,504 3,274 38% 4,409 15,916 15,779 1% Equity Saleable Coal Production 3,392 3,128 8% 3,378 12,481 12,270 2% Equity Sales of Produced Coal 3,189 3,239 (2%) 3,271 12,473 12,463 0% Equity Coal Stocks at period end 1,634 1,281 28% 1,479 1,634 1,479 10% NSW Production, Sales Volumes and Stocks Managed ROM Coal Production 5,020 5,441 (8%) 4,942 20,189 19,104 6% Managed Saleable Coal Production 3,767 4,445 (15%) 3,428 16,631 14,541 14% Managed Sales of Produced Coal 3,840 4,478 (14%) 3,319 16,805 14,411 17% Managed Coal Stocks at period end 1,762 1,495 18% 2,140 1,762 2,140 (18%) - Equity ROM Coal Production 4,006 4,357 (8%) 3,950 16,189 15,260 6% Equity Saleable Coal Production 2,994 3,553 (16%) 2,745 13,300 11,566 15% Equity Sales of Produced Coal 3,127 3,586 (13%) 2,684 13,509 11,522 17% Equity Coal Stocks at period end 1,413 1,232 15% 1,736 1,413 1,736 (19%)
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 3 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange QLD Operations After a weather impacted March quarter, QLD operations delivered a strong recovery in the June quarter. Managed ROM production of 5.7Mt in the June quarter was 41% higher quarter-on-quarter reflecting strong ROM production at both Blackwater and Daunia. Managed sales of produced coal of 4.0Mt for the June quarter were down 4% on the March quarter and in line with the sales plan for the period. June closing stocks were 2.1Mt providing healthy opening stocks for FY27. QLD FY26 ROM volumes of 20.1Mt and managed sales of produced coal of 15.9Mt were at the top end of FY26 guidance. • Blackwater’s June quarter ROM production of 4.0Mt was a 54% increase on the March quarter and in line with the prior corresponding period. The strong result reflected the recovery from weather-related impacts in the March quarter when ROM production was delayed. Blackwater’s ROM production in FY26 was 13.9Mt. Total sales from Blackwater of 2.7Mt were 13% lower than the March quarter, reflecting coal availability and shipment timing during the quarter. • Daunia’s 1.7Mt of ROM in the June quarter was up 17% on the March quarter with FY26 ROM production of 6.2Mt. June quarter production was supported by favourable mining conditions allowing for strong ROM volumes ahead of commencing the planned transition to mining in the southern domain in FY27. Total June quarter sales were 1.3Mt, up 21% on the March quarter, resulting from coal processing, sales and shipment timing being well aligned. NSW Operations NSW operations delivered 5.0Mt of managed ROM production in the June quarter. This was 8% lower than the March quarter largely due to lower Narrabri longwall production in the period. Managed sales of produced coal of 3.8Mt were 14% lower than the strong quarter in March. Closing stocks of 1.8Mt were 18% higher than March as stocks were replenished throughout the quarter. NSW FY26 ROM volumes of 20.2Mt and managed sales of produced coal of 16.8Mt were at the top end of FY26 guidance. • Maules Creek’s June quarter ROM production of 3.5Mt was broadly in line with the March quarter and aligned with mine planning of second half weighted production. FY26 ROM production was 11.7Mt. Total sales of 2.6Mt were 15% higher than the March quarter, reflecting strong coal processing and logistics throughput. • Narrabri’s ROM production of 0.6Mt in the June quarter was down 38% on the March quarter reflecting challenging mining conditions in the period. The previously reported 10-day roof support overhaul in April 2026, together with cavity recovery activities later in the quarter provided improved reliability albeit at a slower mining rate. ROM production for FY26 was 4.7Mt. The next longwall move is currently scheduled for H2 FY27 and is expected to take approximately nine weeks, during which the remaining roof support overhauls will be completed. Narrabri sales of 0.4Mt in the June quarter are in line with ROM production. • Gunnedah Open Cuts (GOC) delivered June quarter ROM production of 0.9Mt, which was 10% lower than the March quarter but consistent with the prior corresponding period. Vickery delivered 0.6Mt and Tarrawonga delivered 0.3Mt of ROM production in the June quarter. Sales for the quarter were 0.8Mt in line with plan. Vickery produced 2.4Mt of ROM in FY26 and Tarrawonga produced 1.3Mt of ROM, to deliver 3.7Mt of ROM from GOC in FY26 an increase on the 3.3Mt of ROM in FY25.
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 4 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Equity Coal Sales and Realised Pricing Coal sales and pricing data is provided on page 8. In the June quarter, Whitehaven delivered equity sales of produced coal of 6.3Mt (3.2Mt from QLD and 3.1Mt from NSW), which was 7% lower than the strong March quarter and a 6% improvement on the prior corresponding period. June quarter sales mix by revenue was 60% from metallurgical coal and 40% from thermal coal1. QLD operations achieved an average price2 of A$247/t in the June quarter, up 2% on the March quarter, and compares with A$229/t for FY26. Platts PLV HCC FOB Australia Index (“PLV HCC”) average d US$238/t in the quarter, broadly in line with the March quarter. The monthly index ranged between US$232/t and US$243/t. PLV HCC averaged US$214/t in FY26 up from US$196/t in FY25. QLD operations realised an average price of US$176/t (74% of PLV HCC) for metallurgical coal sales in the quarter. The 12-month average realisation was 74% of PLV HCC. FY26 sales mix comprised 61% HCC / SHCC (achieving 77% of PLV HCC), 35% PCI / SSCC (achieving 68% of PLV HCC) and 4% thermal coal. NSW operations achieved an average price2 of A$197/t in the June quarter, up 13% on the March quarter, this compares with an average price achieved of A$177/t for FY26. June quarter gC NEWC Index improved to an average of US$136/t, up 14% from US$120/t in the March quarter. The June quarter monthly index ranged between US$132/t and US$143/t. gC NEWC averaged US$118/t in FY26 compared with US$121/t in FY25. NSW thermal coal sales in the June quarter realised an average price of US$142/t, equivalent to 104% of gC NEWC. For FY26, Whitehaven’s NSW thermal coal sales realised an average price of US$120/t, which was 102% of gC NEWC. Note, in an increasing or decreasing index environment, Whitehaven expects to lag the PLV HCC index for met coal price realisations and the gC NEWC for thermal coal prices realisations. Lags typically reflect pricing mechanisms based on the month of scheduled shipment or the average quarterly price for a quarter, or prices can be agreed up to three months prior to delivery. Current Market Dynamics and Near-term Outlook The PLV HCC Index strengthened toward the end of the quarter, supported by short term increased demand from Chinese steel mills amid concerns around potential reductions in domestic Chinese coal supply following the Shanxi mine accident. Steel production also improved across other Asian markets including Japan and Taiwan. While the resulting mine closures supported short-term demand for Australian coking coal, and sentiment among steel mills outside China improved, these factors were partly offset by the onset of India’s monsoon season and favourable mining conditions acros s the Bowen Basin, which provided sufficient supply to meet near-term incremental demand. Whitehaven’s Queensland met coal portfolio remains well positioned to benefit from improving market fundamentals and supportive demand and supply dynamics. The gC NEWC Index strengthened toward the end of the June quarter, supported by heightened energy security concerns arising from tensions in the Middle East. Against a backdrop of ongoing geopolitical uncertainty, reliable and secure energy supply remains a key priority for power utilities. Uncertainty also persists around Indonesian thermal coal production and exports following government intervention aimed at safeguarding domestic supply. This has increased demand for lower- quality thermal coal and provided support for thermal coal prices, including the gC NEWC Index. While energy markets remain volatile, Whitehaven’s NSW thermal portfolio is well positioned to benefit from improvements in the gC NEWC Index and supportive market fundamentals. Longer-term Coal Market Dynamics The expected structural shortfall in global metallurgical coal production, particularly the long-term depletion of HCC from Australian producers combined with increased seaborne demand from India, is anticipated to drive higher metallurgical coal prices over the long-term. Whitehaven’s metallurgical coal portfolio is expected to benefit from these supply constrained market dynamics. Long-term demand for seaborne high CV thermal coal, together with a structural supply shortfall from underinvestment in new mines and depletion of existing supply, remains a driver for longer-term price support for high CV thermal coal. In developing economies, thermal coal continues to play a critical role in delivering affordable and reliable access to electricity. This focus on energy security is expected to further support long-term demand for high-quality thermal coal. Disruptions are likely to continue to impact supply across the global energy complex for a period following cessation of Middle East tensions.
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 5 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Corporate and Regulatory Production costs Unit costs benefited from strong production and sales volumes in the June quarter. Subject to final audit, FY26 unit cost of coal is expected to be $132/t (excluding royalties), which is at the low end of the guidance range of $130/t - $145/t. This compares with $139/t in FY25, reflecting a greater contribution from lower-cost NSW operations following the Blackwater sell-down, together with disciplined cost management that helped offset higher diesel costs in the June quarter. Cost reduction initiatives across operational sites and corporate offices have delivered savings within the annualised target of A$60 million to A$80 million for the year. Further details will be provided in the FY26 financial results. At a Group level, average royalties for the quarter were ~A$26/t (12%) and averaged ~A$22/t (11%) for FY26. FY27 unit cost guidance will be provided in August with FY26 financial results. Balance sheet Whitehaven’s net debt at 30 June 2026 was ~A$1.3 billion (A$0.6 billion net debt at 31 March 2026) following the payment of the second US$500 million deferred acquisition instalment to BMA during the quarter. As previously reported, during April 2026 Whitehaven completed the refinancing of its acquisition credit facility through a US$600 million bank term loan and RCF, together with an inaugural dual tranche US$900 million notes issuance. Consistent with Whitehaven’s Capital Allocation Framework , maintaining balance sheet strength and investment grade credit ratings for our senior secured debt facilities, remains a priority, underpinning prudent gearing levels and resilience through the cycle. Payments to BMA The second deferred acquisition payment of US$500 million was paid from cash reserves on 2 April 2026. The second contingent payment of US$58 million was paid to BMA on 2 July 2026. Based on an average realised price of US$172/t versus the threshold price of US$134/t, the contingent payment for the first quarter of the final year ending 2 April 2027 (Year 3) is estimated at US$53 million, subject to third-party verification. The final deferred acquisition payment of US$100 million is due in April 2027, with the final contingent payment due in July 2027. These payments will complete the obligations to BMA relating to the acquisition of Daunia and Blackwater. Share buy-back and capital returns During the June quarter, Whitehaven continued its on-market share buy-back, with 2.4 million shares bought back for a total of A$21 million. Total buy-back expenditure in H2 FY26 was A$32 million, consistent with capital returns announced in February 2026. In FY26, 10.1 million shares were bought back for a total of A$77 million. The company has been in a blackout period since 1 July 2026 ahead of the FY26 financial results release in August. The share buy-back program is a key component of Whitehaven’s Capital Allocation Framework, which includes targeted shareholder returns of 40-60% of underlying Group NPAT3. The split between fully franked dividends and share buy-backs considers franking benefits, composition of share register, extent buy-backs are value creating, and points in the cycle. Ave price realisation Own coal sales Revenues US$/t kt US$m Q4 FY26 172.12 $ 3,995 688 $ Q1 FY27 - $ - - $ Q2 FY27 - $ - - $ Q3 FY27 - $ - - $ Year 3 YTD 172.12 $ 3,995 688 $ Average realisation US$/t 172.12 $ Threshold price US$/t 134.00 $ Increment $/t 38.12 $ Proportion paid to BMA 35% Contingent US$/t to BMA 13.34 $ Year 3 amount payable to BMA 1 US$m 53.29 $ Year 2 amount paid to BMA US$m 57.96 $ Year 1 amount paid to BMA US$m 9.05 $ 1. As at 30 Jun-26
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 6 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Development Projects and Exploration Whitehaven’s development projects are subject to the Company’s strict capital allocation framewor k, and each project must pass through a series of stage-gates (e.g. Definitive Feasibility Study (DFS) and Final Investment Decision (FID)). The timing of development plans and capital expenditure will reflect competing opportunities for capital and market conditions. During the June quarter, A$5.0 million of development expenditure was spent on the Winchester South and Vickery development projects. This included activities to support mine planning, infrastructure development, and exploration. An additional A$1.6 million was spent on exploration activities across both NSW and QLD operations for coal quality and geotechnical analysis. Vickery Extension Project Early mining at Vickery continues to progress following commencement of the box cut in FY24. Development of the full-scale Vickery project has received all required Government approvals, but remains subject to Board approval of FID, which will be considered at the appropriate time. Winchester South Metallurgical Coal Project The Queensland Department of Environment, Tourism, Science and Innovation (DETSI) has approved the Winchester South Coal Mine Draft Environmental Authority, and the Commonwealth EPBC approval process is progressing. Objections have been received against the Winchester South Draft Environmental Approval and Mining Lease Applications and referred to Queensland Land Court, with closing submissions heard in December 2025. Judgment has been reserved. Whitehaven is continuing to work on the Feasibility Studies including synergies with Daunia coal mine. Further project details can be found at https://whitehavencoal.com.au/our-business/our-assets/winchester-south FY26 Guidance Full year ROM coal production and coal sales were at the top end of FY26 guidance. Unaudited unit costs and capex for FY26 were at the low end of the respective guidance range. FY27 guidance will be provided with Whitehaven’s FY26 financial results scheduled for release on 19 August 2026. FY26 guidance FY26 actual Managed ROM coal production Mt 37.0 – 41.0 40.3 QLD operations 18.3 – 20.1 20.1 NSW operations 18.7 – 20.9 20.2 Managed coal sales4 Mt 29.5 – 33.0 32.7 QLD operations 14.6 – 16.1 15.9 NSW operations 14.9 – 16.9 16.8 Equity coal sales4 Mt 23.3 – 26.1 26.0 QLD operations 11.4 – 12.6 12.5 NSW operations 11.9 – 13.4 13.5 Unit cost of coal (excl. royalties) A$/t 130 – 145 Unaudited unit costs of ~$132/t Capital Expenditure5 A$m 340 – 440 Unaudited capex of ~$350m
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 7 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Managed production and sales volumes Tonnes (‘000) Quarter ended FY26 YTD Jun-26 Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 QLD Managed Totals ROM Coal Production 5,705 4,055 5,621 4,693 5,643 4,468 20,074 Saleable Coal Production 4,293 3,938 3,943 3,654 4,327 3,748 15,828 Sales of Produced Coal 3,995 4,165 3,808 3,938 4,122 3,425 15,905 Sales of Purchased Coal - - 22 - - - 22 Total Coal Sales 3,995 4,165 3,830 3,938 4,122 3,425 15,927 Coal Stocks at period end 2,096 1,627 2,751 1,901 2,039 1,541 2,096 Daunia (Whitehaven 100%) ROM Coal Production 1,701 1,452 1,612 1,450 1,530 1,227 6,215 12-Month Rolling Yield 77% 76% 75% 77% 78% 79% 77% Saleable Coal Production 1,288 1,239 1,171 973 1,165 974 4,671 Sales of Produced Coal 1,310 1,080 1,118 955 1,286 847 4,464 Blackwater (Whitehaven 70% equity from 1 April 2025, previously 100%) ROM Coal Production 4,004 2,604 4,009 3,243 4,114 3,241 13,859 12-Month Rolling Yield 80% 82% 83% 82% 82% 80% 80% Saleable Coal Production 3,006 2,698 2,772 2,681 3,162 2,775 11,157 Sales of Produced Coal 2,684 3,084 2,689 2,983 2,836 2,578 11,441 NSW Managed Totals ROM Coal Production 5,020 5,441 5,373 4,356 4,942 4,720 20,189 Saleable Coal Production 3,767 4,445 4,740 3,679 3,428 3,643 16,631 Sales of Produced Coal 3,840 4,478 4,939 3,548 3,319 3,578 16,805 Sales of Purchased Coal 460 107 27 272 - - 865 Total Coal Sales 4,300 4,585 4,966 3,820 3,319 3,578 17,670 Coal Stocks at period end 1,762 1,495 1,425 2,082 2,140 1,381 1,762 Maules Creek (Whitehaven 75% equity) ROM Coal Production 3,489 3,415 2,605 2,238 3,642 2,769 11,747 12-Month Rolling Yield 77% 77% 75% 76% 75% 75% 77% Saleable Coal Production 2,655 2,632 1,761 2,208 2,407 2,115 9,257 Sales of Produced Coal 2,614 2,280 2,149 2,259 2,146 2,255 9,301 Narrabri (Whitehaven 77.5% equity) ROM Coal Production 630 1,022 1,833 1,237 362 950 4,723 12-Month Rolling Yield 97% 98% 98% 99% 98% 98% 97% Saleable Coal Production 481 1,039 2,183 814 363 885 4,518 Sales of Produced Coal 423 1,498 1,955 655 447 704 4,531 Gunnedah Open Cuts (Whitehaven 100%) ROM Coal Production 901 1,004 934 880 939 1,001 3,719 12-Month Rolling Yield 75% 74% 74% 72% 72% 75% 75% Saleable Coal Production 630 774 795 657 658 643 2,856 Sales of Produced Coal 803 700 835 634 726 619 2,973
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 8 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange Equity coal sales and realised pricing Note that in the table below equity ownership of Blackwater is 70% from 1 April 2025, previously 100% Quarter ended Jun-26 Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 FY26 YTD Whitehaven Equity coal sales, Mt Total Equity coal Sales 6.78 6.93 7.00 6.15 5.96 6.29 26.86 Sales of purchased coal 0.46 0.11 0.04 0.27 - - 0.88 Equity sales of produced coal 6.32 6.83 6.96 5.88 5.96 6.29 25.98 QLD Equity coal sales, Mt Total Equity coal Sales 3.19 3.24 3.02 3.04 3.27 3.42 12.49 Sales of purchased coal - - 0.02 - - - 0.02 Equity sales of produced coal 3.19 3.24 3.00 3.04 3.27 3.42 12.47 NSW Equity coal sales, Mt Total Equity coal Sales 3.59 3.69 3.99 3.11 2.68 2.86 14.37 Sales of purchased coal 0.46 0.11 0.03 0.27 - - 0.86 Equity sales of produced coal 3.13 3.59 3.96 2.84 2.68 2.86 13.51 Coal sales mix – by revenue1, % Metallurgical coal 60% 58% 53% 56% 66% 61% 57% Thermal coal 40% 42% 47% 44% 34% 39% 43% Coal sales mix – by volume, % QLD Metallurgical – HCC & SHCC 65% 63% 63% 53% 61% 59% 61% Metallurgical – SSCC & PCI 33% 35% 34% 38% 35% 36% 35% Thermal coal 2% 2% 3% 8% 3% 5% 4% NSW Thermal coal 87% 93% 95% 93% 86% 91% 92% Metallurgical coal 13% 7% 5% 7% 14% 9% 8% Pricing, US$/t Platts PLV HCC Index 238 235 200 184 184 185 214 Platts LV PCI Index 161 162 140 143 138 141 152 Platts SSCC Index 144 146 127 117 103 118 133 gC NEWC Index 136 120 108 109 100 105 118 Price achieved on sales of produced coal2 Whitehaven average coal price, A$/t 222 207 190 188 189 203 202 QLD Average metallurgical price, US$/t 176 170 150 136 136 142 159 % of PLV HCC 74% 72% 75% 74% 74% 77% 74% Whitehaven average coal price QLD, A$/t 247 242 225 200 208 221 229 NSW Average thermal coal price, US$/t 142 121 107 113 105 113 120 % of gC NEWC Index 104% 101% 99% 105% 105% 108% 102% Whitehaven average coal price NSW, A$/t 197 175 163 175 166 182 177 Currency AUD:USD6 0.71 0.70 0.66 0.65 0.64 0.63 0.68 Note: Figures may not add due to rounding.
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Whitehaven Coal Limited ABN 68 124 425 396 P +61 2 8222 1100 Page 9 of 9 Level 28, 259 George Street, Sydney NSW 2000 whitehavencoal.com.au PO Box R1113, Royal Exchange This announcement is authorised for release to the market by the Board of Whitehaven Coal Limited. 1 On an equity sales of produced coal basis, subject to final audit 2 Before royalties in QLD and NSW 3 Whitehaven’s payout ratio is calculated on full year earnings; typically Whitehaven pays low er returns in H1, to consider full yea r results in dividend and buy-back decisions 4 Excludes sales of third party purchased coal 5 Excludes deferred settlement payments for past acquisitions and other investing activities 6 Source: Reserve Bank of Australia RESULTS BRIEFING TELECONFERENCE FOR INVESTORS AND ANALYSTS Managing Director and Chief Executive Officer Paul Flynn will present an overview of the June Quarter Production Report, followed by a sell-side analyst Q&A session. Date: Tuesday, 28 July 2026 Time: 10:30 AEST (Sydney time) To listen live to the teleconference, participants can pre-register using the following link: https://loghic.eventsair.com/621814/721745/Site/Register INVESTOR CONTACTS Kylie FitzGerald +61 401 895 894 kfitzgerald@whitehavencoal.com.au Keryn Zambrowski +61 455 094 595 kzambrowski@whitehavencoal.com.au MEDIA CONTACTS Michael van Maanen +61 412 500 351 mvanmaanen@whitehavencoal.com.au Sam Deans +61 449 988 209 sdeans@whitehavencoal.com.au REPORTING DATES FY26 Full year results – Wednesday, 19 August 2026