• Record coal production in 2025, close to top of guidance range
• Cash operating costs down 1% despite inflationary pressures
• Returned A$769 million to shareholders via dividends in 2025

Yancoal Australia Ltd delivered record coal production in 2025, with total attributable saleable coal production of 38.6 million tonnes, up 5% from 2024 and near the top of the company's guidance range. This was driven by consistent operational performance, including the highest first-half production in the past five years and a record fourth quarter. Despite inflationary factors, Yancoal was able to reduce its cash operating costs by 1% to A$92 per tonne, below the mid-point of guidance. The company's revenue of A$5.95 billion was down 13% from 2024 due to a 17% decrease in realised coal prices to A$146 per tonne. However, Yancoal's operating EBITDA of A$1,437 million and EBITDA margin of 24% demonstrated its ability to maintain profitability in a challenging market environment. Yancoal returned A$769 million to shareholders in 2025 through fully-franked dividends, including a final dividend of A$0.122 per share. The company ended the year with a strong cash balance of A$2.1 billion, providing significant future funding capacity. Looking ahead to 2026, Yancoal has provided guidance for attributable saleable production of 36.5-40.5 million tonnes, cash operating costs of A$90-98 per tonne, and capital expenditure of A$750-900 million. The company remains focused on operational excellence and is well-positioned to pursue growth opportunities should suitable circumstances arise.

• 36.5-40.5Mt attributable saleable production in 2026
• A$90-98/tonne cash operating costs in 2026
• A$750-900 million attributable capital expenditure in 2026

Yancoal aims to carry its strong operational momentum from 2025 into 2026, targeting continued robust performance. The company remains focused on cost control, though some incremental cost inflation is expected. Yancoal will continue working with customers to meet their requirements and optimize its product mix to suit market conditions.