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Investor Presentaiton

Costs Unit cost calculation The unit cost can be calculated off the face of the P&L. It includes operating expenses, selling & distribution expenses, administration expenses (net of sundry revenues) and share-based payment expenses. Coal purchases, royalties, depreciation & amortisation, FX and significant items are excluded. Logistics, 21% H1 FY24 H1 FY23 H1 FY22 $'000 $/t $'000 $/t Operating expenses¹ 514,073 $76 381,831 $60 $'000 321,839 $/t $51 Selling & distribution 203,286 $30 196,913 $31 170,514 $27 expenses Administrative expenses Other Operating 23% (net of sundry revenues) 2 26,517 $4 25,454 $4 23,212 $4 Share-based payment 5,028 $1 4,805 $1 3,525 $1 expenses Total cost of coal 748,904 $111 609,003 $96 519,090 $83 Sales of own coal kt 6,793 6,375 6,287 38 1. 2. H1 FY24 Costs Equipment hire 6% Included within operating expenses are sundry coal trading items excluded from the unit cost calculation. Administrative expenses are presented net of sundry revenues of $1,230k (H1 FY23: $1,200k, H1 FY22: $1,036k) which appear in the 'Other income' line of the P&L. Labour 25% Repairs & Maintenance 13% Diesel 8% Drill & Blast 4%
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