New Hope (NHC) AGM 2025 Presentation summary

Opening remarks and agenda

• Meeting opened with a welcome, followed by addresses from the Chair and CEO, formal business items, Q&A, voting, and close.

Financial performance review

• Saleable coal production reached 10.7Mt, an 18% increase over the previous year.

• Underlying EBITDA was $766m, down 11%, and NPAT was $439m, down 8%.

• FOB cash cost reduced by 8% to $82.4/t, with a 28% decrease in margin to $64.4/t.

• Dividends paid totaled 41¢ per share.

• Cash flow from operating activities was $571m, with realised price at $161.4/t.

Board and executive committee updates

• Board re-elections included Jacqui McGill AO and Steven Boulton, both with extensive sector experience.

• Executive management and board roles were confirmed, including CEO Rob Bishop and CFO Rebecca Rinaldi.