• Record Run of Mine (ROM) coal at all core operating assets
• Solid financial performance with total revenue of US$2.4 billion and Underlying EBITDA of US$700 million
• Resilient balance sheet with net debt of US$26 million and total liquidity of over US$500 million

Stanmore Resources Ltd reported its 2024 full year results, highlighting record production levels across its core operating assets and substantial completion of a large-scale capital investment program. Saleable coal production increased to 13.8 million tonnes, exceeding the guidance range, driven by strong productivity at the Poitrel and South Walker Creek mines. Total coal sales also increased to 14.2 million tonnes, supported by improved production volumes, equipment availability, and efficient dragline and excavator performance. While revenue was 15% lower year-on-year due to lower average realized sales prices, the company's solid operating performance translated into Underlying EBITDA of US$700 million and operating cash flows of US$408 million. Stanmore's balance sheet remains resilient, with net debt of US$26 million and total liquidity of over US$500 million following the conclusion of a corporate refinancing. The company also declared a fully franked final dividend of US 6.7 cents per share, bringing the total shareholder distributions related to 2024 to US$100 million. Stanmore completed multiple strategic transactions during the year, including the sale of the southern portion of Ward's Well, the acquisition of the Eagle Downs project, and an agreement to secure a pathway for life extension at the Isaac Plains Complex.

Saleable coal production guidance for 2025 is 13.8 - 14.4 million tonnes, with South Walker Creek ramping up to 6.5 - 6.7 million tonnes, Poitrel at 4.5 - 4.7 million tonnes, and Isaac Plains Complex at 2.8 - 3.0 million tonnes. FOB cash cost guidance for 2025 is US$89 - $94 per tonne, and capital expenditure guidance is US$105 - $115 million.