Coronado Global Resources Inc. · ASX:CRN
Coronado Global Resources — Shareholder Meeting (June 2025)
33 slides from Coronado Global Resources's shareholder meeting presentation, Jun 4, 2025
Slide 1: 2025 Annual General Meeting of Stockholders: Presentation
ASX Announcement 4 June 2025 2025 Annual General Meeting of Stockholders: Presentation Coronado Global Resources Inc (“Coronado”, ASX: CRN) is pleased to provide a copy of the 2025 Annual General Meeting: Presentation to be delivered at the Annual General Meeting of Stockholders (AGM) at 10.00AM on
Slide 2: 2025 Annual General Meeting
For personal use only Gerry Spindler Douglas Thompson 2025 Annual General Meeting Executive Chair 04 June 2025 Managing Director & CEO
Slide 3: Chairman's Address
For personal use only Chairman’s Address Gerry Spindler Executive Chair
Slide 4: Chief Executive Officer's Address
For personal use only Chief Executive Officer’s Address Douglas Thompson Managing Director and CEO
Slide 5: Important Notices and Disclaimer
Important Notices and Disclaimer For personal use only The material contained in this presentation is intended to be general background information on Coronado Global Resources Inc. (Coronado) and its activities. The information is supplied in summary form and is therefore not necessarily complete.
Slide 6: Financial Update
For personal use only Financial Update
Slide 7: 2024 Summary Financial Results ($M)
2024 Summary Financial Results ($M) Substantial capital investments for future growth For personal use only Comments: FY 2024 Free Cash Flow 156 Heavy capital investment completed 115 which is expected to create positive free 41 52 74 cash flow forward. 30 27 Future cost reduction is forecast to red
Slide 8: Overview Operations
For personal use only Overview Operations
Slide 9: Health and Safety across Australian and US Operations
Health and Safety across Australian and US Operations Our People, Our Highest Priority For personal use only Australian Operations (TRIFR) 10 Australian Operations Industry Average 8 6 -68% 4 2 0 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 Jul-25 US Operations (TRIR) 4 U.S. Operat
Slide 10: Growth Projects Update
Growth Projects Update Mammoth Underground and Buchanan Expansion projects expected to deliver For personal use only 2.5 – 3.0 Mtpa of incremental Met Coal to seaborne markets once at full capacity Mammoth Underground Buchanan Expansion Project Summary Project Summary Underground Bord and Pillar m
Slide 11: Markets Global Coal
For personal use only Markets Global Coal
Slide 12: Met Coal prices declined to a three-year low
Met Coal prices declined to a three-year low Increases in global steel production and Met coal export demand expected to continue, price pressure remains For personal use only Metallurgical Coal Price Indices (U$/t) (1) Total Global Crude Steel Production (Bt) (2) PLV HCC FOB AUS +16% LV HCC FOB USE
Slide 13: Strong Met Coal demand expected to 2050
Strong Met Coal demand expected to 2050 Global export demand growth for Met Coal is underpinned by Global export Met Coal demand is forecast to For personal use only India; Primary source of supply expected to be Australia grow to 482 Mt by 2050, led primarily by blast furnace steel production in In
Slide 14: Sustainability
For personal use only Sustainability
Slide 15: 2024 Sustainability Snapshot
2024 Sustainability Snapshot For personal use only 2024 Curragh Rehabilitation Significant environmental or cultural heritage incidents across ZERO all locations. Reduction in Scope 1 and Scope 2 operational GHG 23% emissions compared to 2019 baseline year. Hectares of land rehabilitated in 2024 acr
Slide 16: Buchanan Ventilation Air Methane (VAM)
Buchanan Ventilation Air Methane (VAM) GHG Emissions Abatement Projects For personal use only Proven technology delivering tangible reduction in GHG emissions VAM Reductive Thermal Oxidation (RTO) units convert fugitive methane gas emissions, and reduce CO2e-. In 2024 the Buchanan mine continued and
Slide 17: Curragh Emissions Projects
Curragh Emissions Projects Targeting incidental fugitive emissions sources The Mammoth Underground mine commenced For personal use only in late 2024 and received approval for a GHG emissions abatement plan, as part of state- level regulatory requirements. Underground (UG) Gas Project. Commenced in 2
Slide 18: Substantial Economic Contributions
Substantial Economic Contributions CORONADO’S Total Economic Contribution Throughout 2024 For personal use only Third highest annual Group Revenue Total Revenue $2,508 Million More than $2.6 billion delivered in total economic Distributed contributions to society and communities in which we operate
Slide 19: Formal Business of the Meeting
For personal use only Formal Business of the Meeting Gerry Spindler Executive Chair
Slide 20: Items of Business
Items of Business The proposals for the Annual General Meeting are as follows: For personal use only Resolution by Holder of Preferred Stock Series A Item 1: Election of Series A Director Nominee Ms Laura Tyson Resolutions by Holders of Common Stock Item 2: Election of six Director Nominees It
Slide 21: Item 1: Election of Series A Director Nominee Ms. Laura Tyson
Item 1: Election of Series A Director Nominee Ms. Laura Tyson For personal use only The Holder of the Series A Share is being asked to vote on the following proposal: ‘That Ms. Laura Tyson, the director nominee of the Company designated by The Energy & Minerals Group and named in the Proxy Statement
Slide 22: Item 1: Election of Series A Director (continued)
Item 1: Election of Series A Director Ms Laura Tyson (continued) For personal use only Summary of Proxies Received (at proxy close, 10am Australian Eastern Standard Time) June 2, 2025 Voted % Election of Ms Laura Tyson For 100% Withheld 0% . 2025 Annual General Meeting 21
Slide 23: Item 2: Election of Directors
Item 2: Election of Directors For personal use only Mr Douglas Thompson Ms Aimee R. Allen Mr Garold (Gerry) Spindler Managing Director and Chief Executive Officer Executive Chair Independent Non-Executive Director Mr Greg Pritchard Ms Jan C. Wilson Mr Philip Christensen Independent Non-Executive Ind
Slide 24: Item 2: Election of Directors (continued)
Item 2: Election of Directors (continued) For personal use only Stockholders are being asked to consider the following proposal: ‘That each of the six director nominees of the Company named in the Proxy Statement and listed below be elected to serve until the 2026 annual general meeting of stockhold
Slide 25: Item 2: Election of Directors (continued)
Item 2: Election of Directors (continued) Summary of Proxies Received (at proxy close, 10am Australian Eastern Standard For personal use only Time) June 2, 2025 Voted % 1. Mr. Garold (Gerry) Spindler For 99.39% Withheld 0.53% 2. Mr. Douglas G. Thompson For 99.59% Withheld 0.33% 3. Ms. Aimee R. Allen
Slide 26: Item 3: Non-binding Advisory Vote on Executive Compensation
Item 3: Non-binding Advisory Vote on Named Executive Officers’ Compensation For personal use only Stockholders are being asked to consider the following proposal: ‘ RESOLVED, that the compensation of the Company’s named executive officers, as disclosed pursuant to the compensation disclosure rules o
Slide 27: Item 3: Executive Compensation (continued)
Item 3: Approval on a Non-binding Advisory Basis of Named Executive Officers’ Compensation (continued) For personal use only Summary of Proxies Received (at proxy close, 10am Australian Eastern Standard Time) June 2, 2025 Votes (%) For 87.83% Against 12.06% Abstain 0.11% Note: AEST refers to Austral
Slide 28: Item 4: Ratification of Ernst and Young as Auditor
Item 4: Ratification of the Appointment of Ernst and Young as the Company's Independent Registered Public Accounting Firm for Fiscal Year Ending For personal use only December 31, 2025 Stockholders are being asked to consider the following proposal: ‘To ratify the appointment of Ernst & Young as the
Slide 29: Item 4: Ratification of Auditor (continued)
Item 4: Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal Year Ending December 31, 2025 (continued) For personal use only Summary of Proxies Received (at proxy close, 10am (AEST) June 2, 2025) Votes (%) For 99.79% Against 0.03% Abstain 0.18% 2025 Annual General
Slide 30: Close of Polls
For personal use only Close of Polls Gerry Spindler Executive Chair
Slide 31: Contacts
Contacts For personal use only Investors Registered Office Media Chantelle Essa Coronado Global Resources Inc. Helen McCombie Vice President Investor Sodali & Co Relations Level 33, Central Plaza One 345 Queen Street +61 411 756 248 +61 477 949 261 Brisbane, QLD, Australia, 4000 helen.mccombie@sodal
Slide 32: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For personal use only This presentation discusses results of the Company’s operations and includes references to and analysis of certain non-GAAP measures, which are financial measures not recognized in accordance with U.S. GAAP. Non-GAAP financial measures are us
Slide 33: Reconciliation of Non-GAAP measures
Reconciliation of Non-GAAP measures For personal use only Adjusted EBITDA reconciliation For the year ended Total consolidated mining costs per tonne reconciliation For the year ended (US$ thousands) 31 December 2024 (US$ thousands, except for volume data) 31 December 2024 Net (loss) / income (108,8
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