• Group ROM coal production up 4.8% to 4.1Mt
• Group coal sales up 8.2% to 2.9Mt
• Underlying EBITDA of $214.8m for first half of FY2026

New Hope Corporation Limited has reported its quarterly activities for the period ended 31 January 2026. Group ROM coal production was 4.1Mt, a 4.8% increase on the previous quarter, following a strong mining performance. Group coal sales were 2.9Mt, 8.2% higher than the previous quarter, reflecting improved logistics across both Bengalla Mine and New Acland Mine. The company achieved an average realised sales price of $139.0/t, compared to $136.6/t in the previous quarter. Underlying EBITDA for the quarter was $106.9 million, in-line with the previous quarter, and $214.8 million for the first half of the 2026 financial year. Bengalla Mine is expected to return to the 13.4Mtpa ROM coal production rate during the second half of the 2026 financial year, with solid progress made on re-aligning the pit sequence following significant weather impacts in the fourth quarter of the 2025 financial year. Bengalla Mine's 2026 financial year sustaining capital guidance has also been reduced. New Acland Mine continues to progress the Major Road realignment works to enable mining access to the Manning Vale West area. The company's available cash balance at the end of the quarter was $616.8 million.

Bengalla Mine is on track to achieve its 2026 financial year FOB cash cost (excluding state royalties) guidance of between $81 - $89 per sales tonne, following a half-year result of $83.7 per sales tonne.