• A$176/t average realised coal price
• $480 million increase in cash balance to $2.46 billion
• 36.9Mt attributable saleable coal production in 2024, in line with guidance

Yancoal delivered a strong operational and financial performance in the December 2024 quarter, with a A$176/t average realised coal price, a $480 million increase in cash balance to $2.46 billion, and 36.9Mt of attributable saleable coal production in 2024 meeting the company's guidance. The company's Total Recordable Injury Frequency Rate remained below the industry weighted benchmark, demonstrating its focus on safety. Yancoal's large-scale, low-cost coal production profile and robust operating margins have positioned the company well to navigate the current coal market conditions. The company expects its cash operating costs to fall within the guided range when it reports its 2024 financial results in February. Yancoal also has no interest-bearing loans and a large net cash position, providing financial capacity to pursue corporate initiatives and make distributions to shareholders. The company looks forward to delivering another strong performance in 2025.

Yancoal's 2024 operational guidance was: 35-39Mt attributable saleable production (achieved 36.9Mt); $89-97/tonne cash operating costs (expected to be around the mid-range); and $650-800 million attributable capital expenditure (expected to be in the lower half of the range).