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Investor Presentaiton

For personal use only 9 Coal Production Attributable Saleable Production by Asset * (Million tonnes) ■ HVO ■Stratford Duralie Watagan ■Moolarben ■MTW ■ Yarrabee > Non-attributable 60 60 50 40 40 30 52.1 51.8 50.0 38.3 35.6 32.9 31.5 19.8 20 20 18.5 12.0 10 Delivered on 2020 guidance of ~38Mt of attributable saleable coal production. The 8% increase in attributable saleable coal includes the benefit of the additional 10% stake in Moolarben. Large-scale, low-cost and long-life mines underpin performance : Moolarben, Mount Thorley Warkworth (MTW), 0 2016 2017 2018 2019 2020 Hunter Valley Operations (HVO). Large-scale, low-cost mines represent about 90% of attributable production *Attributable figures include: Mount Thorley Warkworth (82.9%); Hunter Valley Operations (51%); Stratford Duralie (100%), Yarrabee (100%) and Moolarben (81% - up to and including 30 November 2018, then 85% up to and including 31 December 2019, then 95% thereafter). Note the economic benefit from Moolarben increased from 85% to 95% from 1 April 2020 onwards, with the 3 month difference captured in the transaction terms. Watagan contribution changes from equity accounted to attributable from 17 December 2020 onwards. YANCOAL 充煤澳大利亚有限公司
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