Yancoal Australia Ltd. · ASX:YAL
Yancoal Australia — Shareholder Meeting (May 2026)
28 slides from Yancoal Australia's shareholder meeting presentation, May 28, 2026
Slide 1: 2026 Annual General Meeting Address and Presentation
YANCOAL AUSTRALIA LTD ADDRESS: Tower 2, 201 Sussex Street Sydney NSW 2000 PHONE: 61 2 8583 5300 FAX: 61 2 8583 5399 WEBSITE: www.yancoal.com.au 28 May 2026 ASX Release: 2026 Annual General Meeting Address and Presentation In accordance with ASX Listing Rule 3.13, this release provides the address to
Slide 2: Yancoal Australia 2026 Annual General Meeting
Yancoal Australia 2026 Annual General Meeting 28 May 2026 Yancoal Australia Ltd Level 18, Tower 2, 201 Sussex Street, Sydney NSW 2000 Ph: (02) 8583 5300 Additional information - www.yancoal.com.au
Slide 3: 2026 AGM - Yancoal Australia Ltd
2026 AGM - Yancoal Australia Ltd ◦ Mr Ning Yue, Co-Vice Chairman • Chair of the Executive Committee ◦ Mr Gregory Fletcher, Co-Vice Chairman (AGM Chair) • Independent Non-Executive Director • Chair of the Audit and Risk Management Committee ◦ Mr Peter Smith • Independent Non-Executive Director • Chai
Slide 4: Important Notice and Disclaimer
Important Notice and Disclaimer Acceptance - This presentation is issued by Yancoal Australia Limited ABN 82 111 859 119 (“Yancoal”). By accepting, accessing or reviewing this presentation, you acknowledge and agree to the terms set out in this Important Notice and Disclaimer. Summary of information
Slide 5: Important Notice and Disclaimer
Important Notice and Disclaimer Reserves and Resources Reporting - In this presentation, references to mineral resources (“Resources”) and ore reserves (“Reserves”) for Yancoal are compliant with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (“JO
Slide 6: Webcast Instructions
Webcast Instructions Computershare supported webcast • Instructions to access the webcast are available from the Yancoal website: • https://www.yancoal.com.au/page/en/investors/ 5
Slide 7: Safety Performance
Safety Performance ◦ 12-month rolling TRIFR was 6.14, an improvement from 6.73 at the end-2024 ◦ Below the comparable industry weighted average of 7.45 ◦ Relatively stable LTIFR ◦ Remain committed to improving performance through further targeted safety intervention activities Committed to ongoing i
Slide 8: Sustainability
Sustainability ◦ As part of the 2025 Financial Results released in February, the Company published its inaugural report under the AASB S2 Climate-related Disclosure requirements. This report disclosed climate-related risks and opportunities identified by Yancoal. ◦ Yancoal intends to develop a Clima
Slide 9: Financial Results Highlights
Financial Results Highlights $5.95 billion Revenue, 6.14 TRIFR rate $1,437 million Operating EBITDA (remains below weighted industry average) (24% Operating EBITDA margin). 67.0Mt ROM production (100%), $440 million Profit after Tax, 50.8Mt Saleable production (100%), $0.33 earnings per share. 38.6M
Slide 10: Coal Markets
Coal Markets Thermal coal moving upwards from the 2025 support levels * Average realised reported sale price is converted to USD at the average AUD:USD exchange for the period. ^ Year-to-Date figures to end of November compared against the same period in 2024. 9
Slide 11: Dividend
Dividend ◦ 2025 Final dividend of A$0.1220 per share ($161 million) fully franked was paid on 15 April 2026. ◦ Total dividend for 2025 is 55% of full-year Profit after Tax. ◦ Total dividend of A$0.1840 per share; yield of 3.7% on the A$4.96 per share 2025 year-end share price. Over A$4.00 per share
Slide 12: Kestrel Acquisition
Kestrel Acquisition Kestrel delivers scale, quality, diversification and long-term value for Yancoal 11
Slide 13: 2026 Operational Expectations
2026 Operational Expectations 2025 2025 Operating component 2026 Guidance and outlook Guidance Actual Attributable saleable production of 36.5-40.5 million tonnes.* 35-39 38.6 Attributable saleable coal After record 2025 production, a higher 2026 guidance seeks to million million production consolid
Slide 14: Voting Instructions
Voting Instructions Voting procedure Conducting polls ◦ BLUE indicates a voting ◦ For each poll please record your shareholder or proxy holder for vote by placing a mark in the the Yancoal Australia Annual appropriate “for” or “against” box on General Meeting your card. ◦ YELLOW indicates a non- ◦ T
Slide 15: Items of Business
Items of Business ◦ Item 1: Financial Statements and ◦ Item 5: Reappointment of Auditor Reports and authorisation to fix Auditor’s remuneration ◦ Item 2: Re-election of Directors ◦ Item 6: General mandate to issue shares ◦ Item 3: Adoption of Remuneration ◦ Item 7: General mandate to Report repurcha
Slide 16: Proxy Results
Proxy Results Valid Securities Voted: 56.29% Item For Against Open-Usable Abstain 2(a) 669,876,179 90.12% 73,137,522 9.84% 289,080 0.04% 241,858 N/A 2(b) 720,575,353 96.94% 22,440,526 3.02% 281,730 0.04% 247,030 N/A 3 739,056,227 99.52% 3,101,252 0.42% 444,015 0.06% 943,145 N/A 4 741,730,137 99.80%
Slide 17: Question and Answer
Question and Answer How to ask a question ◦ To ask a written question select the Q & A icon ◦ From the drop down list select the topic relevant to your question ◦ Type your question in the text box and click the ‘send’ button 16
Slide 18: Conduct of Poll
Conduct of Poll Resolutions to be decided by poll 17
Slide 19: Thank you for your participation
Thank you for your participation Yancoal Australia Ltd • Investor Relations Contact: Brendan Fitzpatrick, GM Investor Relations Brendan.Fitzpatrick@yancoal.com.au • Media Relations Contact: Matthew Gerber, GM Corporate Affairs Matthew.Gerber@yancoal.com.au
Slide 20: Yancoal Australia Ltd Annual General Meeting
Yancoal Australia Ltd Annual General Meeting 11:00am (AEST), 9:00am (HKT) on Thursday 28 May 2026 GPT Space&Co Darling Park, 201 Sussex Street, Sydney, NSW 2000, Australia [SLIDE 2 – 2026 AGM] Shareholders, members of the Board, ladies and gentlemen, good morning, and welcome to the 2026 Annual Gene
Slide 21: and express the apologies of the following director:
and express the apologies of the following director: • Mr Zhiguo Zhao As many of you are aware, we appointed Mr Sharif Burra as Chief Executive Officer last September. Sharif will present the 2025 Company Review during this meeting. Several members of our Executive Leadership team are also present t
Slide 22: This is my first opportunity to speak with some of you
This is my first opportunity to speak with some of you, and although relatively new to the role of CEO, my history with Yancoal reaches back to 2005 at the Company’s first asset, the Austar mine where I became the Mine Manager. Throughout my career I have believed keeping our workforce safe should a
Slide 23: Coal market conditions
[SLIDE 9 – Coal market conditions] Strong supply and benign demand conditions persisted in the international thermal coal markets throughout 2025. Security of energy supply became a more prominent concern and prices improved towards the end of 2025. Commencement of the Iran conflict two months ago h
Slide 24: We strongly believe Kestrel is a high quality and attractive acquisition
We strongly believe Kestrel is a high quality and attractive acquisition that will deliver on Yancoal’s value adding growth aspirations and positions the business to deliver strong performance and shareholder returns in the future. [SLIDE 12 – 2026 Operational expectations] This year, we aim to prod
Slide 25: Voting Instructions
[SLIDE 13 –Voting Instructions] We will now move to the formal consideration of the business before the Annual General Meeting. Anyone attending in person today will have been issued an attendance card: - Blue indicates a voting shareholder or proxy holder for the Yancoal Australia Annual General Me
Slide 26: Item 1 is the receipt and consideration of the Company's Financial Report
Item 1 is the receipt and consideration of the Company's Financial Report for the year ended 31 December 2025. I will take that report as read. A representative of SW Audit, Yancoal's auditor, is present and available to answer any specific questions about the preparation and content of the Auditor'
Slide 27: Both the ASX and Stock Exchange of Hong Kong set out clear limits and
Both the ASX and Stock Exchange of Hong Kong set out clear limits and parameters on share issuances. The Company seeks the full flexibility afforded under these limits and parameters in order to maximise its capacity to benefit shareholders should suitable opportunities arise. The Board’s recommenda
Slide 28: Conduct of Poll
[SLIDE 17 – Conduct of Poll] In accordance with Rule 7.7(d)(1) of the Company's Constitution, as Chairman of the meeting, I request that each of the resolutions is decided by poll and declare voting on all resolutions is now open. The results of the polls will be calculated with the assistance of Co