Stanmore Resources Ltd · ASX:SMR

Stanmore Resources — H1 2026 Earnings Presentation

13 slides from Stanmore Resources's earnings presentation, Aug 24, 2026

  1. Slide 1: Half Year Financial Results

    HALF YEAR FINANCIAL RESULTS Six months ended June 30, 2026 August 24, 2026

  2. Slide 2: Contents & Disclaimer

    Cont ent s & Disclaimer Forward-looking statements This document contains certain “forward-looking statements”. The words “forecast”, “estimate”, “like”, “anticipate”, “project”, “opinion”, “should”, “could”, “may”, “target” and other similar expressions are intended to identify forward looking stat

  3. Slide 3: 1H 2026 Highlights

    1H 2026 Highlights SAFETY SAFR 1 Industry average of 0.84 SALEABLE Mt PRODUCTION 6.5Mt , 1H 2025 FOB CASH US$/t onne COST 2,3 US$89/t 1H 2025 UNDERLYING US$m EBITDA 4 US$1 47m 1H 2025 OPERATING US$m CASH FLOW US$1 51 m 1H 2025 NET DEBT 5 US$m US$99m 1H 2025 STANMORE | 2026 HALF YEAR RESULTS 3

  4. Slide 4: Portfolio Highlights

    Portfolio Highlights Operational resilience supports a strong second-half outlook South Walker Creek Poitrel Isaac Plains Complex • Saleable production steady year-on- • Year-to-date saleable production • Faster recovery from wet weather year, supported by strong recovery from tracking ahead of the

  5. Slide 5: Operating Financial Performance

    Operating Financial Performance Lower cash costs half-on-half, before unfavourable non-controllable impacts FOB Cash Cost Walk For war d 2 Under lying EBITDA Walk For war d 4 (US$/t) (US$m) (78) 101.2 112 5.0 174 147 (32) 25 89.2 9.4 1.8 (4.2) 86.8 1H 2025 Volumes Cost Savings 1H 2026 FX & Inflation

  6. Slide 6: Cash Flow and Balance Sheet

    Cash Flow and Balance Sheet Debt refinance strengthens balance sheet flexibility 1 H 2026 Net Debt Walk For war d 5 Debt Refi nance 7 (US$m, inverted) • Refinancing provides a lower cost of debt, supports cash flow and extends the 49 maturity of undrawn liquidity – Interest reduced by 1.00% for the ter

  7. Slide 7: Guidance

    Guidance Full-year Guidance reaffirmed, underpinned by operational resilience YTD to June 2026 Full Year 20268 Saleable Pr oduct ion • Tracking within Guidance, with operations Actuals Implied Guidance9 Guidance recovering from considerable first-quarter wet weather impacts • Strong closing inventor

  8. Slide 8: Core Development Projects – Summary

    Core Development Projects – Summary Organic development underpinned by portfolio JORC Reserves of 571Mt and Resources of >5Bt Isaac Downs Extension Eagle Downs Lancewood Mor anbah Ar ea Tenur e • Capital efficient (US$130 – • Fully approved, premium hard • High-quality premium hard 150 million) life

  9. Slide 9: Core Development Projects – Indicative Milestones

    Core Development Projects – Indicative Milestones Organic development pipeline to support portfolio replenishment and growth 2026 2027 2028 2029+ Estimated approvals period for the granting of the Environmental Authority Isaac Downs and Mining Lease for the project Project Shovel Ready Ext ension Co

  10. Slide 10: Metallurgical Coal Markets

    Metallurgical Coal Markets Improved market conditions compared to prior year, reflecting supply disruptions Themat ics Met Coal Pr ices and Chinese Impor t Ar b (US$/t) Supply Fr agilit y 300 • Early 2026 Australian weather-related supply disruptions – recovery evident 250 • Shanxi coal accident, dri

  11. Slide 11: Long-Term Fundamentals

    Long-Term Fundamentals Medium-term supply deficit projected, coinciding with expected growth in seaborne demand For ecast Aust r alian Met allur gical Coal Pr oduct ion, For ecast Blast Fur nace St eel Pr oduct ion by Geogr aphy Pr oject Need and Demand (% share of total) (Mt) 100% 200 China India 16

  12. Slide 12: Investors, Media, Registered Address

    Investors Investors@stanmore.net.au +61 (7) 3521 8317 Media Media@stanmore.net.au +61 (7) 3238 1000 Registered Address Level 32, 12 Creek Street Brisbane, QLD, Australia, 4000 GPO Box 2602 Brisbane, QLD, Australia, 4001

  13. Slide 13: Footnotes

    Footnotes 1. Latest 12-month average as of 31 March 2026 reported as of the date of this report by Resources Safety and Health Queensland for Abbr eviat ions surface mines ASP Average Sales Price 2. FOB cash cost per tonne sold (excluding third party coal purchases) for 2026 includes IFRS-16 lease a

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