2025 Financial Results

• Record calendar year (CY) shipments of 6.2 million Wet Metric Tonnes (WMT): 9% increase year-on year. • Net profit after tax of $142.3 million: $164.3 million improvement versus prior year loss of $22.0 million. • Record underlying EBITDA of $72.9 million: 96% improvement from prior year. • Impairment reversal of $47.7 million: previously recognised in the half-year period ended 30 June 2021. •