Extension of On-Market Share Buy Back

• Company extends existing on-market share buy-back program to March 2027
• Buy-back part of ongoing capital management strategy to enhance shareholder value
• Continuation subject to prevailing share price and market conditions

New Hope Corporation Limited (ASX:NHC) has announced an extension of its existing on-market share buy-back program to 2 March 2027, unless earlier terminated at the Company's discretion. The buy-back was initially announced on 18 March 2025 and has been conducted in the ordinary course of trading on the ASX. The buy-back is part of the Company's ongoing capital management strategy to enhance shareholder value through active management of the Company's capital base. The continuation of the buy-back is subject to the prevailing share price and market conditions and will be executed at the Company's discretion, considering factors such as market conditions, the Company's prevailing share price, future capital requirements, and any unforeseen developments or circumstances. The Company reserves the right to suspend or terminate the buy-back at any time. The buy-back will fall within the '10/12' limit permitted under the Corporations Act and does not require shareholder approval. Consistent with the requirements of the Corporations Act 2001 (Cth), the Company will immediately cancel any shares acquired under the buy-back.