• Record operational performance with run-of-mine production of 20.5 million tonnes and saleable production of 14.0 million tonnes
• Robust Underlying EBITDA of US$385 million and free cash flows of US$296 million
• Declared a fully franked dividend of 8.9 US cents per share

Stanmore Resources Ltd reported its 2025 full year results, highlighting a record operational performance with run-of-mine production of 20.5 million tonnes and saleable production of 14.0 million tonnes. Despite early weather disruptions, a strong second-half recovery enabled the company to deliver production within its original and revised guidance ranges. While market conditions softened to a four-year low, disciplined cost management kept costs broadly stable, supporting solid earnings and cash generation. Stanmore reported Underlying EBITDA of US$385 million and free cash flows of US$296 million, while maintaining a strong balance sheet with modest net debt and a nominal gearing ratio. The company has increased the proportion of shareholder returns within its capital allocation strategy, declaring a fully franked dividend of 8.9 US cents per share, bringing cumulative dividends to 34.2 US cents per share and compounded annual total shareholder returns of approximately 30% since acquiring BMC in mid-2022. Guidance for 2026 reflects a deliberate stepdown in production as Isaac Downs is adjusted to focus on an optimised cost structure ahead of the planned extension project. FOB Cash Cost Guidance captures typical cost escalation and changes in FX rates, while a lower production profile has been largely offset by operational efficiencies and cost reductions across the platform.

Saleable Production: 12.8 - 13.4 million tonnes FOB Cash Cost: US$93 - US$97 per tonne sold Capital Expenditure: US$85 - US$95 million