• Network, Coal, and Bulk volumes higher year-over-year
• Temporary fuel price exposure of ~$10m in FY2026, to be recovered in future
• Reaffirms FY2026 guidance of Group underlying EBITDA of $1,680m - $1,750m

Aurizon Holdings Ltd has provided a business update ahead of the Macquarie Australia Conference. The key highlights include:Network volumes (Central Queensland Coal Network) were 173.5 million tonnes (mt), 4.4mt higher (+2.6%) compared to the prior corresponding period. Coal volumes were 158.4mt, 1.3mt higher (+0.8%) compared to the prior period, while Bulk volumes totalled 48.4mt, an increase of 3.0mt (+6.7%). Total containerised freight Twenty-foot Equivalent Units (TEUs) were 194.0 thousand, 22.5 thousand higher (+13.2%) compared to the prior period.Aurizon's diesel expense is primarily linked to international benchmark pricing, with a temporary fuel price exposure of approximately $10m in FY2026 due to timing differences between incurring and recovering the cost increase. This is expected to be recovered in future quarterly adjustments.Aurizon reaffirms its FY2026 guidance of Group underlying EBITDA of $1,680m - $1,750m and full year dividend of 22-23cps. Non-growth capex of $580m - $600m and growth capex of $100m - $150m are unchanged, as are its key assumptions for Network, Coal, Bulk, and Other business units.

Aurizon reaffirms its FY2026 guidance of Group underlying EBITDA of $1,680m - $1,750m and full year dividend of 22-23cps.