Investor Presentaiton

Realised pricing at record levels in FY23 WHC's realised thermal coal price (US$/t) WHC's thermal coal price premium / discount to gC NEWC (%) WHC's overall realised coal price (A$/t) FY23 FY22 FY21 88 68 FY20 66 FY19 29 29 100 239 US$305 -14% FY20, FY21 and H1FY22 outcomes reflect: COVID impacts • Narrabri fault-affected quality issues FY23 1% FY23 -4% FY22 FY22 FY21 FY21 95 95 2% FY20 FY20 104 FY19 1% FY19 145 325 A$445

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