Business Summary

New Hope Corporation Limited is an Australia-based diversified energy company. The Company’s principal activities include development and operation of coal mines, port handling and logistics, agriculture and oil and gas development and production. The Company operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The Coal Mining in Queensland segment, including mining related production, processing, transportation, port operations, coal exploration and marketing. The Coal Mining in New South Wales segment, including mining-related production, processing, transportation, and marketing. The Other segment, including coal exploration, oil and gas-related exploration, development, production and processing, pastoral operations, and administration. The Company has two open cut coal mines, one in the Darling Downs and one in the Hunter Valley: New Acland, north of Oakey in Queensland, and Bengalla, west of Newcastle in New South Wales.