New Hope Corporation Limited · ASX:NHC
New Hope — FY2026 Earnings Presentation
24 slides from New Hope's earnings presentation, Sep 15, 2026
Slide 1: FY26 Full Year Results
FY26 Full Year Results ASX:NHC 15 September 2026
Slide 2: Important Notice
Important Notice This presentation contains information about New Hope Corporation Limited and its subsidiaries (together, New Hope or the Group) in summary form only, and should be read in conjunction with other announcements made by New Hope to the ASX (copies of which are available at www.asx.com
Slide 3: FY26 Highlights
FY26 Highlights Rob Bishop Chief Executive Officer New Hope Group FY26 Full Year Results 3
Slide 4: Strong operational performance translating to increased shareholder returns
Strong operational performance translating to increased shareholder returns Operational performance1 Financial performance1 Safety – HPEFR2 ROM coal production Fully franked final dividend Total Shareholder Return Revenue 3.59 16.9Mt 30¢ 32.7% $1,767M 38.3% reduction 3.3% increase Per share Twelve m
Slide 5: Safety performance
Safety performance High Potential Event Frequency Rate (HPEFR) Primary measure 15 3.59 10 5 Safety – HPEFR - 38.3% reduction Jul-22 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 Jul-25 Jan-26 Jul-26 HPEFR - twelve-month average Total Recordable Injury Frequency Rate (TRIFR) Supplementary measure 7 6 3.89 5 4 3
Slide 6: Operational performance
Operational performance Group production1 Saleable coal production (Mt)1 12 16.9Mt 11.5Mt $88.9/t 10 1.0 2.8 3.3 8 ROM Coal Saleable Coal FOB cash cost Production Production (excl. royalties)2 6 3.3% increase 7.6% increase 7.9% increase 4 7.2 8.0 7.9 8.2 2 - Bengalla Mine1 FY23 FY24 FY25 FY26 Bengal
Slide 7: Financial performance
Financial performance Successfully issued $300 million of new senior $145.2/t unsecured convertible notes (2.625%) and repurchased 97.77 per cent of the existing convertible notes (4.25%) Realised price (incl. hedging) FY25 final dividend of 15cps and FY26 10.0% decrease interim dividend of 10cps 51
Slide 8: Capital management
Capital management Cash flows from our assets Uses of cash flow New Acland Mine Growth Capital1 • Road construction and re-alignments – $65m - $75m Sustaining capital Growth capital M&A opportunities • Equipment purchases – up to $50m to maintain existing for organic production aligned to strategy o
Slide 9: Strong thermal coal demand outlook
Strong thermal coal demand outlook We expect Australia’s high-quality thermal coal to play a vital role in providing reliable and secure energy supply to the world Global power generation by fuel source (TWh)1 Australian thermal coal supply and demand (Mt)1 50,000 250 45,000 40,000 200 35,000 ~123Mt
Slide 10: Our assets
Our assets Low-cost, high-quality assets provide healthy margins and greater resilience to coal price fluctuations FY26 underlying margin ($/t) FY26 export energy content (NAR basis)3 Realised price 62.4 26.5 11.3 45.0 (incl. hedging) $145.2/t - 20 40 60 80 100 120 140 160 180 33% 1 FOR Port and rai
Slide 11: Our returns
Our returns Maximising shareholder returns from our high-quality, low-cost assets Dividends declared (cps)1 Cumulative TSR performance (%)2 200 300 8,000 +6,152% 180 7,000 250 Total return on investment since IPO ~10.0x 160 greater than the ASX All Ordinaries3 6,000 140 200 gC NEWC 600 (US$/t) 5,000
Slide 12: Our responsible approach
Our responsible approach Responsibly operating our low-cost assets and providing benefits to the communities we operate in FY26 regional impact – Bengalla Mine1 Land holdings and rehabilitation (hectares)2 $1.5m $185.9m ~35 per cent of total mining invested in our spent with suppliers local land dis
Slide 13: Our growth
Our growth Our organic production profile provides cost effective, low-risk growth Saleable coal production1,2 16 ~15.0Mt 14 Actual saleable Bengalla Mine operating at a 13.4Mtpa ROM coal production rate coal production 12 11.7Mt 10.7Mt 10 New Acland Mine ramping up to ~5Mtpa 9.1Mt 8 7.2Mt 6 Maxwell
Slide 14: Strategy and investment proposition
Strategy and investment proposition Our strategy is to safely, responsibly and efficiently operate our low-cost, long-life assets, with a focus on disciplined capital management, providing valuable returns to our shareholders 1 Strong industry outlook 2 Low-cost assets with greater resilience to coa
Slide 15: Appendices
Appendices New Hope Group FY26 Full Year Results 15
Slide 16: Our operations and markets
Our operations and markets1 Operating coal mines Pastoral operations Port facility Offices Bengalla Bengalla New Hope Group head office (Brisbane) Agricultural New Hope Japan office (Tokyo) (80% joint venture, open-cut) Company Queensland Bulk Handling Acland New Acland Pastoral (100% owned, Company
Slide 17: Historical thermal coal pricing
Historical thermal coal pricing Thermal coal pricing found its price floor in the 2025 financial year. During the 2026 financial year, thermal coal pricing rebounded in response to the current conflict in the Middle East. La Nina supply disruptions 500 End of Chinese Import Ban 450 Russia invades Uk
Slide 18: Financial performance
Financial performance Underlying EBITDA1 ($m) FY26 FY25 1,577 1,747 $m $m 860 766 514 Underlying EBITDA1 before non-regular items 514.3 765.8 367 Depreciation and amortisation (238.7) (191.0) FY21 FY22 FY23 FY24 FY25 FY26 Net interest income (19.7) (16.4) Net profit after tax ($m) Profit before tax
Slide 19: Financial performance
Financial performance Strong balance sheet with solid free cash flow generation Revenue ($m) Underlying EBITDA3 ($m) Market Net capitalisation1 assets 2,552 2,754 1,747 $4,379m $2,615m 1,577 1,802 1,776 1,767 860 766 1,048 514 367 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Net cash
Slide 20: Bengalla Mine, NSW operations
Bengalla Mine, NSW operations Bengalla Mine FY26 results1 Bengalla Mine saleable coal production (Mt)1 10 50.9Mbcm 10.0Mt 8.2Mt Prime waste ROM coal Saleable coal 8 movement production production 6 10.8% increase In line 4.1% increase 4 New Hope Group interest 2 Other coal mines Dartbrook - 2 West F
Slide 21: New Acland Mine, Queensland operations
New Acland Mine, Queensland operations New Acland Mine FY26 results Manning Vale West Pit FY26 FY27 FY28 18.3Mbcm 6.9Mt 3.3Mt Jondaryan Muldu Road Prime waste ROM coal Saleable coal production production MVW to ROM Haul Pad movement Box Cut 6.2% increase 8.6% increase 17.3% increase Coal Mining 6 Ne
Slide 22: Malabar Resources Limited
Malabar Resources Limited Maxwell Mine FY26 results1 32,748m 1.3Mt 0.6Mt Development ROM coal Sales of (metres driven) production produced coal 46% increase 129% increase 94% increase 7 Maxwell Mine produced coal sales (Mt) 6 5 4 3 Maxwell Mine Project 2 • Underground Bord and pillar (B&P) and longw
Slide 23: FY26 performance
FY26 performance FY26 Actuals FY26 Guidance New Hope Group1 ROM Coal Production (‘000t) 16,925 15,700 – 17,700 Saleable Coal Production (‘000t) 11,518 10,200 – 11,500 Coal Sales (‘000t) 11,789 10,200 – 11,500 NSW Operations1 Bengalla Mine ROM Coal Production (‘000t) 10,031 9,400 – 10,200 Saleable Co
Slide 24: Contact us
Contact us Level 18/175 Eagle Street Brisbane City QLD 4000 (07) 3418 0500 newhopegroup.com.au