Whitehaven Metallurgical Coal Acquisition Presentation

2 Provides significant value upside including strategic growth options Blackwater asset improvement Potential additional saleable production above expected average of 12-13Mtpa via: ■ Optimisation of existing dragline sequence and pre-strip to allow access to latent dragline capacity Increasing of dozer push volumes ■ Upgrading of the CHPP to 18Mtpa ROM feed to match mining capacity and facilitate production of 100% metallurgical coal ◉ Integration of Blackwater South into the sequence Daunia improvements and synergies with Winchester South Achieving targeted ~6,600 annualised production hours per truck by FY26 as automated haulage (AH) ramps up represents value upside Daunia is adjacent to Whitehaven's Winchester South development project ■ Unlocking synergies between Daunia and Winchester South in management, product blending, labour sharing, technical expertise in AH and infrastructure ■ Enhanced positioning for further opportunities around this core holding Clermont Winchester South Koumala Ilbibie West Hill Coppabella Carmila Daunia Mine Carmila Beach Flaggy Rock Dysart Capella Mount Stuart Legend 0 Populated Places Rail erald Mining Leases Yamala Blackwater BMA Assets Winchester South 0 10 20 30 40 50 Kilometers Blackwater Mine St Lawren Dingo Dead 15 WHITEHAVEN

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