Whitehaven Metallurgical Coal Acquisition Presentation

Overview of acquired assets Established metallurgical coal mining operations with combined ROM production of ~20 Mtpa sold via export markets Abbot Point Bowen Collinsville Daunia Queensland, Australia Product type and mix¹ ~80% HCC / -20% PCI Open cut/truck & shovel ~6.0 Mt DBCT Mackay BMA Hay Point Goonyella Broadmeadow Riverside Moranbah Daunia Winchester South Peak Downs Coal Terminal Mine type and method ROM production² Saleable production² JORC Reserves³ JORC Resources³ Expected mine life First production Logistics path ~4.9 Mt 81 Mt 115 Mt ~17 years 2013 Rail to Dalrymple Bay Terminal Blackwater ~65-70% HCC/-25-30% SSCC Open cut/draglines x 7 and truck & shovel ~14.8 Mt ~12.4 Mt 212 Mt 1,837 Mt >50 years4 1967 Rail to RG Tanna Coal Terminal Saraji Dysart Rockhampton\ WICET Emerald Blackwater RG Tanna Blackwater Gladstone BMA Asset WHC Asset BMA Port Port - - Rail FY24F EBITDA contribution 5 66% Blackwater + Daunia Whitehaven Standalone 34% FY24F Revenue contribution by type 5 Pro-forma Reserves (Mt, % equity basis)6 ~70% Metallurgical Thermal -30% Bowen Basin 673 (Qld) Gunnedah Basin 631 (NSW) 1. 2. Based on FY22 - FY24F revenue by product; Blackwater HCC includes BWC and BWSHCC products Based on FY24-FY28 expected production averages. Refer to the ASX Release titled Acquisition of BMA's Daunia and Blackwater Mines and dated 18 October 2023. Whitehaven confirms that the material assumptions underpinning the forecast production in the ASX Release continue to apply and have not materially changed. 3. Resources comprise Measured, Indicated and Inferred Resources and inclusive of Reserves; Reserves comprise Proven and Probable Recoverable Reserves (see JORC information in 18 October 2023 ASX Release titled Acquisition of BMA's Daunia and Blackwater Mines) 456 Conceptual mine planning suggests Blackwater mine life could extend beyond 50 years with mine life dependent on prevailing local and macroeconomic conditions Based on management estimates and assuming current spot prices Includes Reserves for Maules Creek, Narrabri, Vickery, Tarrawonga, Werris Creek in Gunnedah Basin and Daunia, Blackwater and Winchester South in Bowen Basin CO 6 4. 5. 6.

View entire presentation