Slide 1: ASX Announcement: Half Year Results and Investor Presentation
ASX Announcement 11 August 2026 Half Year Results and Investor Presentation Coronado Global Resources Inc. (ASX: CRN) releases the attached: • 2026 Half Year Results Announcement; and For personal use only • 2026 Half Year Results Investor Presentation. This announcement was authorised to be given t
Slide 2: ASX Announcement - 2026 Half Year Results
ASX ANNOUNCEMENT - 2026 HALF YEAR RESULTS 11 August 2026 Coronado Global Resources today reported its Half Year 2026 results, with a significant operational and financial recovery achieved in the June quarter. The Company has established a stronger operating platform, driven by record performance at
Slide 3: Curragh Reset Program Focused on Margin Expansion and Cash Generation
Buchanan's earnings and cash generation profile. Our focus will remain on further optimising this high quality, long-life asset. • Curragh Reset Program Focused on Margin Expansion and Cash Generation: The focus at Curragh is to create a more stable, reliable and predictable operating platform capab
Slide 4: Financial Performance
FINANCIAL PERFORMANCE Coronado's first half financial performance reflected scheduled operational impacts, including the major Curragh CHPP shutdown and Buchanan longwall relocations, and the significant impacts of adverse weather experienced at Curragh during the March quarter. As expected, operati
Slide 5: 2026 Guidance
*All amounts quoted in this release are in USD and million metric tonnes (Mt). Comparisons are to the half year ended 30 June 2025 (2025) unless otherwise stated. March 2026 quarter and June 2025 YTD production and Sales volumes include Logan, which was idled in Q1 2026 and divested in July 2026. Lo
Slide 6: Cautionary Notice Regarding Forward-Looking Statements
Cautionary Notice Regarding Forward – Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, concerning our business, operations, financ
Slide 7: Mining and Operating Costs per Tonne Reconciliation
MINING AND OPERATING COSTS PER TONNE RECONCILIATION For the six months ended 30 June 2026 United Other / Total Buchanan (In US$000, except for volume data, unaudited) Australia States Corporate Consolidated Total costs and expenses 736,431 411,4621 18,698 1,166,591 335,787 Less: Selling, general and
Slide 8: Realised Pricing Reconciliation
REALISED PRICING RECONCILIATION For the six months ended 30 June 2026 Australian U.S. (In US$’000, except for volume data, unaudited) Operations Operations Consolidated Buchanan Total Revenues 585,701 395,620 981,321 362,161 Less: Other revenues 14,388 71 14,459 70 Total coal revenues 571,313 395,54
Slide 9: Glossary
GLOSSARY A$ Australian dollar currency Met Coal Metallurgical quality coal ABL Facility Asset Based Lending facility Mt Million tonnes, metric AEST Australian Eastern Standard Time Net (Debt) / Cash Refer Non-GAAP Financial Measures section NEWC Thermal Thermal Coal Free On Board Newcastle AU / AUS
Slide 10: 2026 Half Year Results Presentation
For personal use only | 2026 Barrie van der Merwe Sandeep Deoji Half Year Results Managing Director and CEO Interim Chief Financial Officer Presentation 11 August 2026 1
Slide 11: 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 or the Company) and its activities. The information is supplied in summary form and is therefore not necess
Slide 12: 2026 H1 - Barrie van der Merwe
For personal use only 2026 H1 Investor Presentation Barrie van der Merwe Managing Director and CEO 3
Slide 13: Positioned to capture the next phase of seaborne metallurgical coal upside
We believe we are positioned to capture the next phase of seaborne metallurgical coal market upside For personal use only Optimising Buchanan | Stabilising Curragh | Maximising Future Upside High Quality, Long-Life Assets Positioned for Structural Maximising Upside Demand Growth • Steel underpins mo
Slide 14: India's urbanisation and industrialisation will drive seaborne demand
India’s urbanisation and industrialisation will drive seaborne demand What happens when India consumes steel like everyone else? For personal use only Today 3,125 bridges 115 kg / person +39% One Harbour Bridge every 2 hours 48 minutes vs 2030 target today 4,348 bridges 160 kg / person One Harbour B
Slide 15: Buchanan: A proven cash generator through the met coal cycle
Buchanan: A proven cash generator through the met coal cycle Six years of positive earnings through volatile met coal markets; expansion completed to maximise future margin and cash flow For personal use only FY24-H1 FY26 capital investment program completed while maintaining earnings $179M $133M ($
Slide 16: Curragh: Structural reset focused on margin and cash generation
Curragh: Structural reset focused on margin and cash generation Integrated plan across all elements of the coal value chain For personal use only Open pit mine plan CHPP uptime and Underground value Commercial alignment productivity throughput chain optimisation Lower cost and risk Product mix and m
Slide 17: Queensland needs Curragh
Queensland needs Curragh A strategic asset for Queensland’s energy security For personal use only ~US$2.2bn+ ~US$2.5bn ~15% To 2043 Value transferred to Royalties and rebates paid to Domestic coal supply Queensland baseload Queensland through the Queensland Government committed under revised electri
Slide 18: Operating leverage to metallurgical coal prices creates cash flow and valuation upside
Operating leverage to metallurgical coal prices creates significant cash flow and valuation upside through the cycle For personal use only Normalised Earnings Shareholder Returns Dividends Deleverage DebtPotential ~US$425M through cycle US$1.5B US$700M @4-6x multiple = US$1.7-$2.6B EV • Material cas
Slide 19: Half Year Financial Performance
For personal use only Half Year Financial Performance Sandeep Deoji Interim Chief Financial Officer 10
Slide 20: Q2: A first step in rebuilding credible delivery
Q2: A first step in rebuilding credible delivery Production recovery & record operating performance drove a US$96m EBITDA improvement quarter on quarter, despite inventory and shipment timing impacts For personal use only US$m unless stated Q2 FY26 Q1 FY26 Q/Q Var H1 FY26 H1 FY25 H/H Var Saleable pr
Slide 21: Free cash flow improved by US$70m despite timing and inflationary headwinds
Free cash flow improved by US$70m despite timing & inflationary headwinds Cash flow impacted by timing; underlying improvement intact for H2 For personal use only Free cash flow H1 FY25 v H1 FY26 US$M’s ~US$180m improvement realised Temporary & timing impacts • Pricing • Fuel, CPI & FX • Stanwell re
Slide 22: Liquidity strengthened and balance sheet remains a clear priority
Liquidity strengthened and balance sheet remains a clear priority June cash impacted by timing; pro forma liquidity & debt tenure provide runway for operational reset For personal use only Liquidity (in millions) 173 Balance Sheet (in millions) 400 75 98 265 0 0 0 Cash Glencore Proforma Liquidity 20
Slide 23: Conclusion
For personal use only Conclusion Barrie van der Merwe Managing Director and CEO 14
Slide 24: Resetting Today. Positioned for Tomorrow. Maximizing Upside.
Resetting Today. Positioned for Tomorrow. Maximizing Upside. For personal use only Assets & Market Buchanan Products Good medium-term Long-life assets & Delivers through fundamentals – be there, sought after, much needed the cycle + optimisation at the right cost products Cashflow Curragh Queensland
Slide 25: Questions and Answers
For personal use only Questions and Answers 16
Slide 26: 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 27: Appendix
For personal use only Appendix 18
Slide 28: Buchanan: Historically, high-margin cash generator through the cycle
Buchanan: Historically, high-margin cash generator through the cycle Dual longwall operation that has returned positive EBITDA every year For personal use only Buchanan Performance baseline reset in 2026: • Growth from 3.5Mt to 4.5Mt after expansion • 2nd quartile cost performance • 6 years positive
Slide 29: Curragh Complex: The key value opportunity
Curragh Complex: The key value opportunity Structural reset to improve operating leverage and cash generation – critical to QLD For personal use only Overview: Curragh • One of worlds largest coal mines • 2 large open cuts,1 underground Asset quality: • Infrastructure-connected, export-ready • Fully
Slide 30: Endnotes
Endnotes For personal use only 1. Slide 4: Reserve life based on 2025 JORC Statement released to ASX on 24 February 2026. Positioning statements regarding metallurgical coal demand, Indian steel growth, urbanisation trends and supply outlook are based on publicly available industry forecasts and man
Slide 31: 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 32: Reconciliation of non-GAAP measures
Reconciliation of non-GAAP measures For personal use only For the six months ended 30 June 2026 For the three months ended 30 June 2026 Australian U.S. Australian U.S. (In US$’000, except for volume data, unaudited) Operations Operations Consolidated Buchanan Buchanan (In US$’000, except for volume
Slide 33: Reconciliation of non-GAAP measures
Reconciliation of non-GAAP measures For personal use only For the three months ended 30 June 2026 For the six months ended 30 June 2026 United Other / Total United Other / Total Buchanan Buchanan (In US$000, except for volume data, unaudited) Australia States Corporate Consolidated (In US$000, excep
Slide 34: Reconciliation of non-GAAP measures
Reconciliation of non-GAAP measures For personal use only 25 25