• Strong safety and environmental performance with zero environmental enforcement actions
• Solid operational results supported H1 financial performance
• Whitehaven maintains resilience through the coal market cycle

Whitehaven Coal has reported its H1 FY26 results, delivering a solid operational performance that supported the financial outcomes. The company reported an Underlying EBITDA of $446 million, down from $960 million in H1 FY25 due to softer coal price indices. Safety and environmental performance remained strong, with zero environmental enforcement actions reported in H1 FY26. Whitehaven's operations in Queensland and New South Wales both contributed to the overall results, with the company on track to deliver in the upper half of its FY26 guidance ranges for both regions. The company's diversified product and market portfolio, with approximately 93% of revenue generated in Asia, has helped it maintain resilience through the coal market cycle. Looking ahead, Whitehaven remains confident in the long-term outlook for both high-CV thermal and metallurgical coal, with structural supply gaps expected in the global seaborne markets.

Whitehaven is on track to deliver in the upper half of its FY26 guidance ranges for both Queensland (18.3 - 20.1Mt) and New South Wales (18.7 - 20.9Mt) operations.

Whitehaven remains confident in the long-term outlook for both high-CV thermal and metallurgical coal, with structural supply gaps expected in the global seaborne markets.