• Q1 FY26 total recordable injury frequency rate (TRIFR) of 3.6
• Managed ROM production of 9.0Mt, down 15% on June quarter
• Equity sales of produced coal of 5.9Mt, down 1% on June quarter

Whitehaven Coal delivered a solid first quarter result for FY26. The company's total recordable injury frequency rate (TRIFR) for employees and contractors was 3.6. Managed ROM production for the September quarter was 9.0Mt, down 15% on the previous quarter, while equity sales of produced coal were 5.9Mt, down 1% on the June quarter. The company's cost out program and productivity improvements across all operations are progressing well, and Whitehaven is on track to deliver $60 million to $80 million of annualised savings by 30 June 2026. In Queensland, Daunia and Blackwater delivered solid operational results, with managed ROM production of 4.7Mt, down 17% on the previous quarter. In New South Wales, Whitehaven's operations were modestly affected by flooding early in the quarter, but Narrabri saw improved volumes following the longwall move in the previous quarter. NSW managed ROM production was 4.4Mt, down 12% on the June quarter. Demand for Whitehaven's products remains strong, but a soft pricing environment persisted through the period. The company's balance sheet remains strong, with net debt of approximately $0.8 billion at 30 September 2025. Whitehaven continues to focus on margin optimisation, cost management, and prudent allocation of capital.

Whitehaven's FY26 guidance remains unchanged, with managed ROM coal production of 37.0-41.0Mt, managed coal sales of 29.5-33.0Mt, and equity coal sales of 23.3-26.1Mt. The unit cost of coal (excluding royalties) is expected to be in the range of $130-$145 per tonne, and capital expenditure is forecast to be $340-$440 million.