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Investor Presentaiton

Bayan's Financial and Operational Performance 2020 2021 1H21 1H22 Financial Performance (In Million USD) Revenue Gross Profit 1,395.1 462.9 EBITDA 356.7 1,743.0 2,852.2 1,023.7 2,005.0 1,901.1 1,450.2 1,326.4 591.7 528.7 Net Profit After Tax *1 344.5 1,266.0 359.0 1,008.0 Financial Ratios Gross Profit Margin (%) 33.2% 66.7% 57.8% 72.3% EBITDA Margin (%) 25.6% 61.1% 51.7% 66.2% Net Profit Margin (%) 24.7% 44.4% 35.1% 50.3% Net Debt to EBITDA (x) 0.1 Net Cash Net Cash Net Cash Operational Statistics Overburden Removal (MBCM) 120.9 146.1 70.0 68.2 Strip Ratio (×) - based on production volume 4.0 3.9 3.9 4.0 Coal Production (MT) 30.2 37.6 18.0 16.9 Sales Volume (MT) 36.3 40.4 19.7 17.3 Average Selling Price (US$/MT) 38.4 70.7 52.1 115.8 Average Cash Costs (US$/MT) 28.8 27.5 25.2 39.3 *1 2020 Includes reversal of impairment provision net USD 165.8 million. 2 www.bayan.com.sg
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