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style="display:inline-block;width:5px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>full<div style="display:inline-block;width:5px;white-space:pre"> </div>range<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>metallurgical </div><div id="a2614" style="position:absolute;font-family:'Arial';left:5px;top:42px;">coals,<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:5px;white-space:pre"> </div>essential<div style="display:inline-block;width:5px;white-space:pre"> </div>element<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>production<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>steel.<div style="display:inline-block;width:10px;white-space:pre"> </div>The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:5px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>portfolio<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>operating<div style="display:inline-block;width:5px;white-space:pre"> </div>mines<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a2615" style="position:absolute;font-family:'Arial';left:5px;top:58px;">development projects in<div style="display:inline-block;width:5px;white-space:pre"> </div>Queensland, Australia, and<div style="display:inline-block;width:5px;white-space:pre"> </div>in the states of<div style="display:inline-block;width:5px;white-space:pre"> </div>Pennsylvania, Virginia and<div style="display:inline-block;width:5px;white-space:pre"> </div>West Virginia<div style="display:inline-block;width:5px;white-space:pre"> </div>in </div><div id="a2617" style="position:absolute;font-family:'Arial';left:5px;top:73px;">the United States, or U.S.</div></div></div></div><div id="TextContainer9" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2617_26_2" style="position:absolute;font-family:'Arial';left:156px;top:102px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a2620" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:128px;">(b)<div style="display:inline-block;width:10px;white-space:pre"> </div></div></div><div id="div_5_XBRL_TS_640ca8be8864445fb7b4bfea8b44406c" style="position:absolute;left:0px;top:128px;float:left;"><div id="TextBlockContainer6" style="position:relative;line-height:normal;width:676px;height:357px;"><div id="TextContainer6" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2620_5_23" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:32px;top:0px;">Basis of Presentation<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a2626" style="position:absolute;font-family:'Arial';left:5px;top:27px;">The interim unaudited condensed consolidated financial statements<div style="display:inline-block;width:5px;white-space:pre"> </div>have been prepared in accordance with the </div><div id="a2627" style="position:absolute;font-family:'Arial';left:5px;top:42px;">requirements of U.S. generally accepted<div style="display:inline-block;width:5px;white-space:pre"> </div>accounting principles, or U.S. GAAP,<div style="display:inline-block;width:7px;white-space:pre"> </div>and with the instructions to Form </div><div id="a2628" style="position:absolute;font-family:'Arial';left:5px;top:58px;">10-Q<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>Article<div style="display:inline-block;width:5px;white-space:pre"> </div>10<div style="display:inline-block;width:5px;white-space:pre"> </div>of Regulation<div style="display:inline-block;width:7px;white-space:pre"> </div>S-X<div style="display:inline-block;width:5px;white-space:pre"> </div>related<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>issued<div style="display:inline-block;width:5px;white-space:pre"> </div>by<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:5px;white-space:pre"> </div>Securities<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a2637" style="position:absolute;font-family:'Arial';left:5px;top:73px;">Exchange Commission, or the SEC.<div style="display:inline-block;width:2px;white-space:pre"> </div>Accordingly, they do not include all of<div style="display:inline-block;width:2px;white-space:pre"> </div>the information and footnotes required </div><div id="a2640" style="position:absolute;font-family:'Arial';left:5px;top:88px;">by U.S. GAAP for complete financial statements and should be read<div style="display:inline-block;width:2px;white-space:pre"> </div>in conjunction with the audited consolidated </div><div id="a2641" style="position:absolute;font-family:'Arial';left:5px;top:104px;">financial<div style="display:inline-block;width:5px;white-space:pre"> </div>statements<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>notes<div style="display:inline-block;width:5px;white-space:pre"> </div>thereto<div style="display:inline-block;width:5px;white-space:pre"> </div>included<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>Annual<div style="display:inline-block;width:5px;white-space:pre"> </div>Report<div style="display:inline-block;width:5px;white-space:pre"> </div>on Form<div style="display:inline-block;width:6px;white-space:pre"> </div>10-K filed<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a2648" style="position:absolute;font-family:'Arial';left:5px;top:119px;">SEC and the Australian Securities Exchange, or the ASX, on<div style="display:inline-block;width:5px;white-space:pre"> </div>March 3, 2026. </div><div id="a2652" style="position:absolute;font-family:'Arial';left:5px;top:145px;">The<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:7px;white-space:pre"> </div>condensed<div style="display:inline-block;width:7px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>presented<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:7px;white-space:pre"> </div>dollars,<div style="display:inline-block;width:7px;white-space:pre"> </div>unless </div><div id="a2653" style="position:absolute;font-family:'Arial';left:5px;top:161px;">otherwise<div style="display:inline-block;width:8px;white-space:pre"> </div>stated.<div style="display:inline-block;width:8px;white-space:pre"> </div>They<div style="display:inline-block;width:8px;white-space:pre"> </div>include<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accounts<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:8px;white-space:pre"> </div>Global<div style="display:inline-block;width:8px;white-space:pre"> </div>Resources<div style="display:inline-block;width:9px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:8px;white-space:pre"> </div>wholly-owned </div><div id="a2660" style="position:absolute;font-family:'Arial';left:5px;top:176px;">subsidiaries.<div style="display:inline-block;width:6px;white-space:pre"> </div>References<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>“US$”<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>“USD”<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:5px;white-space:pre"> </div>references<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:5px;white-space:pre"> </div>dollars.<div style="display:inline-block;width:6px;white-space:pre"> </div>References<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>“A$”<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>“AUD”<div style="display:inline-block;width:6px;white-space:pre"> </div>are </div><div id="a2663" style="position:absolute;font-family:'Arial';left:5px;top:191px;">references<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>Australian<div style="display:inline-block;width:6px;white-space:pre"> </div>dollars,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>lawful<div style="display:inline-block;width:6px;white-space:pre"> </div>currency<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Commonwealth<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Australia.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>“Company”<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a2664" style="position:absolute;font-family:'Arial';left:5px;top:206px;">“Coronado”<div style="display:inline-block;width:8px;white-space:pre"> </div>are<div style="display:inline-block;width:8px;white-space:pre"> </div>used<div style="display:inline-block;width:8px;white-space:pre"> </div>interchangeably<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>refer<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:8px;white-space:pre"> </div>Global<div style="display:inline-block;width:8px;white-space:pre"> </div>Resources<div style="display:inline-block;width:9px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:8px;white-space:pre"> </div>subsidiaries, </div><div id="a2667" style="position:absolute;font-family:'Arial';left:5px;top:222px;">collectively, or to Coronado Global Resources Inc., as<div style="display:inline-block;width:2px;white-space:pre"> </div>appropriate to the context.<div style="display:inline-block;width:6px;white-space:pre"> </div>All intercompany balances and </div><div id="a2668" style="position:absolute;font-family:'Arial';left:5px;top:237px;">transactions have been eliminated upon consolidation.<div style="display:inline-block;width:9px;white-space:pre"> </div></div><div id="a2670" style="position:absolute;font-family:'Arial';left:5px;top:263px;">In<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>opinion<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>management,<div style="display:inline-block;width:7px;white-space:pre"> </div>these<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>reflect<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>normal,<div style="display:inline-block;width:7px;white-space:pre"> </div>recurring<div style="display:inline-block;width:7px;white-space:pre"> </div>adjustments </div><div id="a2671" style="position:absolute;font-family:'Arial';left:5px;top:278px;">necessary<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>fair<div style="display:inline-block;width:5px;white-space:pre"> </div>presentation<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>position,<div style="display:inline-block;width:5px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>operations,<div style="display:inline-block;width:5px;white-space:pre"> </div>comprehensive </div><div id="a2672" style="position:absolute;font-family:'Arial';left:5px;top:294px;">income, cash flows and changes in<div style="display:inline-block;width:2px;white-space:pre"> </div>equity<div style="display:inline-block;width:4px;white-space:pre"> </div>for the periods presented. Balance sheet information<div style="display:inline-block;width:2px;white-space:pre"> </div>presented herein </div><div id="a2676" style="position:absolute;font-family:'Arial';left:5px;top:309px;">as of December 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2025 has been derived from<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s audited consolidated balance sheet at<div style="display:inline-block;width:2px;white-space:pre"> </div>that date. </div><div id="a2678" style="position:absolute;font-family:'Arial';left:5px;top:325px;">The Company’s results<div style="display:inline-block;width:5px;white-space:pre"> </div>of operations for<div style="display:inline-block;width:5px;white-space:pre"> </div>the three months<div style="display:inline-block;width:5px;white-space:pre"> </div>ended March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 are not<div style="display:inline-block;width:5px;white-space:pre"> </div>necessarily indicative </div><div id="a2680" style="position:absolute;font-family:'Arial';left:5px;top:340px;">of the results that may be expected for the year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, 2026.</div></div></div></div></div><div id="TextBlockContainer16" style="position:relative;line-height:normal;width:676px;height:373px;"><div id="div_13_XBRL_TS_7c04cf1740fc463988014ce8cb3f3371" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer14" style="position:relative;line-height:normal;width:676px;height:373px;"><div id="TextContainer14" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2686_1_13" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:28px;top:0px;">Going Concern</div><div id="a2690" style="position:absolute;font-family:'Arial';left:5px;top:29px;">These<div style="display:inline-block;width:5px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>Financial<div style="display:inline-block;width:6px;white-space:pre"> </div>Statements<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:5px;white-space:pre"> </div>been<div style="display:inline-block;width:5px;white-space:pre"> </div>prepared<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>going<div style="display:inline-block;width:5px;white-space:pre"> </div>concern<div style="display:inline-block;width:6px;white-space:pre"> </div>basis,<div style="display:inline-block;width:5px;white-space:pre"> </div>which </div><div id="a2693" style="position:absolute;font-family:'Arial';left:5px;top:44px;">contemplates the realization of assets and discharge of liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>in the ordinary course of business.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2695" style="position:absolute;font-family:'Arial';left:5px;top:73px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>earnings<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>flows<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>operating<div style="display:inline-block;width:6px;white-space:pre"> </div>activities<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>significantly<div style="display:inline-block;width:6px;white-space:pre"> </div>impacted<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>wet </div><div id="a2697" style="position:absolute;font-family:'Arial';left:5px;top:88px;">weather and operational issues.<div style="display:inline-block;width:5px;white-space:pre"> </div>For the three months ended<div style="display:inline-block;width:5px;white-space:pre"> </div>March 31, 2026, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>incurred net losses </div><div id="a2701" style="position:absolute;font-family:'Arial';left:5px;top:103px;">of $</div><div id="a2701_4_5" style="position:absolute;font-family:'Arial';left:27px;top:103px;">318.6</div><div id="a2701_9_10" style="position:absolute;font-family:'Arial';left:60px;top:103px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. </div><div id="a2707" style="position:absolute;font-family:'Arial';left:5px;top:132px;">As of March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>had cash and cash<div style="display:inline-block;width:6px;white-space:pre"> </div>equivalents of $</div><div id="a2707_68_5" style="position:absolute;font-family:'Arial';left:435px;top:132px;">121.0</div><div id="a2707_73_35" style="position:absolute;font-family:'Arial';left:469px;top:132px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million and net<div style="display:inline-block;width:5px;white-space:pre"> </div>current assets of </div><div id="a2715" style="position:absolute;font-family:'Arial';left:5px;top:147px;">$</div><div id="a2715_1_5" style="position:absolute;font-family:'Arial';left:12px;top:147px;">157.8</div><div id="a2715_6_104" style="position:absolute;font-family:'Arial';left:46px;top:147px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. The decline in cash during the quarter ended March 31, 2026<div style="display:inline-block;width:2px;white-space:pre"> </div>was consistent with the Company’s </div><div id="a2722" style="position:absolute;font-family:'Arial';left:5px;top:163px;">expectations, reflecting seasonal wet weather impacts<div style="display:inline-block;width:5px;white-space:pre"> </div>on production at the Company’s Australian Operations.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2724" style="position:absolute;font-family:'Arial';left:5px;top:191px;">With respect<div style="display:inline-block;width:6px;white-space:pre"> </div>to the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>position,<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>has concluded<div style="display:inline-block;width:7px;white-space:pre"> </div>that its<div style="display:inline-block;width:6px;white-space:pre"> </div>current<div style="display:inline-block;width:5px;white-space:pre"> </div>cash<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>cash </div><div id="a2726" style="position:absolute;font-family:'Arial';left:5px;top:207px;">equivalents and forecasted cash<div style="display:inline-block;width:2px;white-space:pre"> </div>flows will be<div style="display:inline-block;width:2px;white-space:pre"> </div>sufficient to fund its<div style="display:inline-block;width:2px;white-space:pre"> </div>operations and satisfy its<div style="display:inline-block;width:2px;white-space:pre"> </div>obligations for at least </div><div id="a2727" style="position:absolute;font-family:'Arial';left:5px;top:222px;">one year from the issuance of these financial statements. </div><div id="a2730" style="position:absolute;font-family:'Arial';left:5px;top:251px;">Management<div style="display:inline-block;width:6px;white-space:pre"> </div>continues<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>explore<div style="display:inline-block;width:6px;white-space:pre"> </div>initiatives<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>preserve<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidity,<div style="display:inline-block;width:7px;white-space:pre"> </div>enhance<div style="display:inline-block;width:6px;white-space:pre"> </div>flexibility<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>resilience </div><div id="a2731" style="position:absolute;font-family:'Arial';left:5px;top:266px;">against events outside management’s control. These initiatives are reasonably within management’s control and </div><div id="a2732" style="position:absolute;font-family:'Arial';left:5px;top:281px;">actionable in the near future as needed.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2735" style="position:absolute;font-family:'Arial';left:5px;top:310px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>forecasts<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:5px;white-space:pre"> </div>subject<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>achievement<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>production<div style="display:inline-block;width:6px;white-space:pre"> </div>targets,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>other<div style="display:inline-block;width:5px;white-space:pre"> </div>factors<div style="display:inline-block;width:5px;white-space:pre"> </div>beyond<div style="display:inline-block;width:6px;white-space:pre"> </div>its </div><div id="a2736" style="position:absolute;font-family:'Arial';left:5px;top:325px;">control,<div style="display:inline-block;width:5px;white-space:pre"> </div>including<div style="display:inline-block;width:5px;white-space:pre"> </div>general<div style="display:inline-block;width:5px;white-space:pre"> </div>economic<div style="display:inline-block;width:5px;white-space:pre"> </div>conditions,<div style="display:inline-block;width:5px;white-space:pre"> </div>metallurgical<div style="display:inline-block;width:5px;white-space:pre"> </div>coal<div style="display:inline-block;width:5px;white-space:pre"> </div>pricing,<div style="display:inline-block;width:5px;white-space:pre"> </div>competitive<div style="display:inline-block;width:5px;white-space:pre"> </div>dynamics<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>weather-</div><div id="a2738" style="position:absolute;font-family:'Arial';left:5px;top:341px;">related impacts.<div style="display:inline-block;width:5px;white-space:pre"> </div>The Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>working capital<div style="display:inline-block;width:5px;white-space:pre"> </div>requirements in<div style="display:inline-block;width:5px;white-space:pre"> </div>the short<div style="display:inline-block;width:5px;white-space:pre"> </div>to medium<div style="display:inline-block;width:5px;white-space:pre"> </div>term are<div style="display:inline-block;width:5px;white-space:pre"> </div>also dependent </div><div id="a2740" style="position:absolute;font-family:'Arial';left:5px;top:356px;">on variations in these factors and the preparation of forecasts<div style="display:inline-block;width:5px;white-space:pre"> </div>requires management’s judgement.</div></div></div></div></div>
<div id="TextBlockContainer3" style="position:relative;line-height:normal;width:676px;height:90px;"><div id="TextContainer3" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2608_4_29" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:28px;top:0px;">Description of the Business<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a2613" style="position:absolute;font-family:'Arial';left:5px;top:27px;">Coronado<div style="display:inline-block;width:5px;white-space:pre"> </div>Global<div style="display:inline-block;width:5px;white-space:pre"> </div>Resources<div style="display:inline-block;width:5px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:5px;white-space:pre"> </div>is<div style="display:inline-block;width:5px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>global<div style="display:inline-block;width:5px;white-space:pre"> </div>producer,<div style="display:inline-block;width:6px;white-space:pre"> </div>marketer,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>exporter<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>full<div style="display:inline-block;width:5px;white-space:pre"> </div>range<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>metallurgical </div><div id="a2614" style="position:absolute;font-family:'Arial';left:5px;top:42px;">coals,<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:5px;white-space:pre"> </div>essential<div style="display:inline-block;width:5px;white-space:pre"> </div>element<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>production<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>steel.<div style="display:inline-block;width:10px;white-space:pre"> </div>The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:5px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>portfolio<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>operating<div style="display:inline-block;width:5px;white-space:pre"> </div>mines<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a2615" style="position:absolute;font-family:'Arial';left:5px;top:58px;">development projects in<div style="display:inline-block;width:5px;white-space:pre"> </div>Queensland, Australia, and<div style="display:inline-block;width:5px;white-space:pre"> </div>in the states of<div style="display:inline-block;width:5px;white-space:pre"> </div>Pennsylvania, Virginia and<div style="display:inline-block;width:5px;white-space:pre"> </div>West Virginia<div style="display:inline-block;width:5px;white-space:pre"> </div>in </div><div id="a2617" style="position:absolute;font-family:'Arial';left:5px;top:73px;">the United States, or U.S.</div></div></div>
<div id="TextBlockContainer6" style="position:relative;line-height:normal;width:676px;height:357px;"><div id="TextContainer6" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2620_5_23" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:32px;top:0px;">Basis of Presentation<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a2626" style="position:absolute;font-family:'Arial';left:5px;top:27px;">The interim unaudited condensed consolidated financial statements<div style="display:inline-block;width:5px;white-space:pre"> </div>have been prepared in accordance with the </div><div id="a2627" style="position:absolute;font-family:'Arial';left:5px;top:42px;">requirements of U.S. generally accepted<div style="display:inline-block;width:5px;white-space:pre"> </div>accounting principles, or U.S. GAAP,<div style="display:inline-block;width:7px;white-space:pre"> </div>and with the instructions to Form </div><div id="a2628" style="position:absolute;font-family:'Arial';left:5px;top:58px;">10-Q<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>Article<div style="display:inline-block;width:5px;white-space:pre"> </div>10<div style="display:inline-block;width:5px;white-space:pre"> </div>of Regulation<div style="display:inline-block;width:7px;white-space:pre"> </div>S-X<div style="display:inline-block;width:5px;white-space:pre"> </div>related<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>issued<div style="display:inline-block;width:5px;white-space:pre"> </div>by<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:5px;white-space:pre"> </div>Securities<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a2637" style="position:absolute;font-family:'Arial';left:5px;top:73px;">Exchange Commission, or the SEC.<div style="display:inline-block;width:2px;white-space:pre"> </div>Accordingly, they do not include all of<div style="display:inline-block;width:2px;white-space:pre"> </div>the information and footnotes required </div><div id="a2640" style="position:absolute;font-family:'Arial';left:5px;top:88px;">by U.S. GAAP for complete financial statements and should be read<div style="display:inline-block;width:2px;white-space:pre"> </div>in conjunction with the audited consolidated </div><div id="a2641" style="position:absolute;font-family:'Arial';left:5px;top:104px;">financial<div style="display:inline-block;width:5px;white-space:pre"> </div>statements<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>notes<div style="display:inline-block;width:5px;white-space:pre"> </div>thereto<div style="display:inline-block;width:5px;white-space:pre"> </div>included<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>Annual<div style="display:inline-block;width:5px;white-space:pre"> </div>Report<div style="display:inline-block;width:5px;white-space:pre"> </div>on Form<div style="display:inline-block;width:6px;white-space:pre"> </div>10-K filed<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a2648" style="position:absolute;font-family:'Arial';left:5px;top:119px;">SEC and the Australian Securities Exchange, or the ASX, on<div style="display:inline-block;width:5px;white-space:pre"> </div>March 3, 2026. </div><div id="a2652" style="position:absolute;font-family:'Arial';left:5px;top:145px;">The<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:7px;white-space:pre"> </div>condensed<div style="display:inline-block;width:7px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>presented<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:7px;white-space:pre"> </div>dollars,<div style="display:inline-block;width:7px;white-space:pre"> </div>unless </div><div id="a2653" style="position:absolute;font-family:'Arial';left:5px;top:161px;">otherwise<div style="display:inline-block;width:8px;white-space:pre"> </div>stated.<div style="display:inline-block;width:8px;white-space:pre"> </div>They<div style="display:inline-block;width:8px;white-space:pre"> </div>include<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accounts<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:8px;white-space:pre"> </div>Global<div style="display:inline-block;width:8px;white-space:pre"> </div>Resources<div style="display:inline-block;width:9px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:8px;white-space:pre"> </div>wholly-owned </div><div id="a2660" style="position:absolute;font-family:'Arial';left:5px;top:176px;">subsidiaries.<div style="display:inline-block;width:6px;white-space:pre"> </div>References<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>“US$”<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>“USD”<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:5px;white-space:pre"> </div>references<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:5px;white-space:pre"> </div>dollars.<div style="display:inline-block;width:6px;white-space:pre"> </div>References<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>“A$”<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>“AUD”<div style="display:inline-block;width:6px;white-space:pre"> </div>are </div><div id="a2663" style="position:absolute;font-family:'Arial';left:5px;top:191px;">references<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>Australian<div style="display:inline-block;width:6px;white-space:pre"> </div>dollars,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>lawful<div style="display:inline-block;width:6px;white-space:pre"> </div>currency<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Commonwealth<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Australia.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>“Company”<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a2664" style="position:absolute;font-family:'Arial';left:5px;top:206px;">“Coronado”<div style="display:inline-block;width:8px;white-space:pre"> </div>are<div style="display:inline-block;width:8px;white-space:pre"> </div>used<div style="display:inline-block;width:8px;white-space:pre"> </div>interchangeably<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>refer<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:8px;white-space:pre"> </div>Global<div style="display:inline-block;width:8px;white-space:pre"> </div>Resources<div style="display:inline-block;width:9px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:8px;white-space:pre"> </div>subsidiaries, </div><div id="a2667" style="position:absolute;font-family:'Arial';left:5px;top:222px;">collectively, or to Coronado Global Resources Inc., as<div style="display:inline-block;width:2px;white-space:pre"> </div>appropriate to the context.<div style="display:inline-block;width:6px;white-space:pre"> </div>All intercompany balances and </div><div id="a2668" style="position:absolute;font-family:'Arial';left:5px;top:237px;">transactions have been eliminated upon consolidation.<div style="display:inline-block;width:9px;white-space:pre"> </div></div><div id="a2670" style="position:absolute;font-family:'Arial';left:5px;top:263px;">In<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>opinion<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>management,<div style="display:inline-block;width:7px;white-space:pre"> </div>these<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>reflect<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>normal,<div style="display:inline-block;width:7px;white-space:pre"> </div>recurring<div style="display:inline-block;width:7px;white-space:pre"> </div>adjustments </div><div id="a2671" style="position:absolute;font-family:'Arial';left:5px;top:278px;">necessary<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>fair<div style="display:inline-block;width:5px;white-space:pre"> </div>presentation<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>position,<div style="display:inline-block;width:5px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>operations,<div style="display:inline-block;width:5px;white-space:pre"> </div>comprehensive </div><div id="a2672" style="position:absolute;font-family:'Arial';left:5px;top:294px;">income, cash flows and changes in<div style="display:inline-block;width:2px;white-space:pre"> </div>equity<div style="display:inline-block;width:4px;white-space:pre"> </div>for the periods presented. Balance sheet information<div style="display:inline-block;width:2px;white-space:pre"> </div>presented herein </div><div id="a2676" style="position:absolute;font-family:'Arial';left:5px;top:309px;">as of December 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2025 has been derived from<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s audited consolidated balance sheet at<div style="display:inline-block;width:2px;white-space:pre"> </div>that date. </div><div id="a2678" style="position:absolute;font-family:'Arial';left:5px;top:325px;">The Company’s results<div style="display:inline-block;width:5px;white-space:pre"> </div>of operations for<div style="display:inline-block;width:5px;white-space:pre"> </div>the three months<div style="display:inline-block;width:5px;white-space:pre"> </div>ended March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 are not<div style="display:inline-block;width:5px;white-space:pre"> </div>necessarily indicative </div><div id="a2680" style="position:absolute;font-family:'Arial';left:5px;top:340px;">of the results that may be expected for the year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, 2026.</div></div></div>
<div id="TextBlockContainer14" style="position:relative;line-height:normal;width:676px;height:373px;"><div id="TextContainer14" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2686_1_13" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:28px;top:0px;">Going Concern</div><div id="a2690" style="position:absolute;font-family:'Arial';left:5px;top:29px;">These<div style="display:inline-block;width:5px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>Financial<div style="display:inline-block;width:6px;white-space:pre"> </div>Statements<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:5px;white-space:pre"> </div>been<div style="display:inline-block;width:5px;white-space:pre"> </div>prepared<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>going<div style="display:inline-block;width:5px;white-space:pre"> </div>concern<div style="display:inline-block;width:6px;white-space:pre"> </div>basis,<div style="display:inline-block;width:5px;white-space:pre"> </div>which </div><div id="a2693" style="position:absolute;font-family:'Arial';left:5px;top:44px;">contemplates the realization of assets and discharge of liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>in the ordinary course of business.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2695" style="position:absolute;font-family:'Arial';left:5px;top:73px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>earnings<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>flows<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>operating<div style="display:inline-block;width:6px;white-space:pre"> </div>activities<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>significantly<div style="display:inline-block;width:6px;white-space:pre"> </div>impacted<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>wet </div><div id="a2697" style="position:absolute;font-family:'Arial';left:5px;top:88px;">weather and operational issues.<div style="display:inline-block;width:5px;white-space:pre"> </div>For the three months ended<div style="display:inline-block;width:5px;white-space:pre"> </div>March 31, 2026, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>incurred net losses </div><div id="a2701" style="position:absolute;font-family:'Arial';left:5px;top:103px;">of $</div><div id="a2701_4_5" style="position:absolute;font-family:'Arial';left:27px;top:103px;">318.6</div><div id="a2701_9_10" style="position:absolute;font-family:'Arial';left:60px;top:103px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. </div><div id="a2707" style="position:absolute;font-family:'Arial';left:5px;top:132px;">As of March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>had cash and cash<div style="display:inline-block;width:6px;white-space:pre"> </div>equivalents of $</div><div id="a2707_68_5" style="position:absolute;font-family:'Arial';left:435px;top:132px;">121.0</div><div id="a2707_73_35" style="position:absolute;font-family:'Arial';left:469px;top:132px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million and net<div style="display:inline-block;width:5px;white-space:pre"> </div>current assets of </div><div id="a2715" style="position:absolute;font-family:'Arial';left:5px;top:147px;">$</div><div id="a2715_1_5" style="position:absolute;font-family:'Arial';left:12px;top:147px;">157.8</div><div id="a2715_6_104" style="position:absolute;font-family:'Arial';left:46px;top:147px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. The decline in cash during the quarter ended March 31, 2026<div style="display:inline-block;width:2px;white-space:pre"> </div>was consistent with the Company’s </div><div id="a2722" style="position:absolute;font-family:'Arial';left:5px;top:163px;">expectations, reflecting seasonal wet weather impacts<div style="display:inline-block;width:5px;white-space:pre"> </div>on production at the Company’s Australian Operations.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2724" style="position:absolute;font-family:'Arial';left:5px;top:191px;">With respect<div style="display:inline-block;width:6px;white-space:pre"> </div>to the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>position,<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>has concluded<div style="display:inline-block;width:7px;white-space:pre"> </div>that its<div style="display:inline-block;width:6px;white-space:pre"> </div>current<div style="display:inline-block;width:5px;white-space:pre"> </div>cash<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>cash </div><div id="a2726" style="position:absolute;font-family:'Arial';left:5px;top:207px;">equivalents and forecasted cash<div style="display:inline-block;width:2px;white-space:pre"> </div>flows will be<div style="display:inline-block;width:2px;white-space:pre"> </div>sufficient to fund its<div style="display:inline-block;width:2px;white-space:pre"> </div>operations and satisfy its<div style="display:inline-block;width:2px;white-space:pre"> </div>obligations for at least </div><div id="a2727" style="position:absolute;font-family:'Arial';left:5px;top:222px;">one year from the issuance of these financial statements. </div><div id="a2730" style="position:absolute;font-family:'Arial';left:5px;top:251px;">Management<div style="display:inline-block;width:6px;white-space:pre"> </div>continues<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>explore<div style="display:inline-block;width:6px;white-space:pre"> </div>initiatives<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>preserve<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidity,<div style="display:inline-block;width:7px;white-space:pre"> </div>enhance<div style="display:inline-block;width:6px;white-space:pre"> </div>flexibility<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>resilience </div><div id="a2731" style="position:absolute;font-family:'Arial';left:5px;top:266px;">against events outside management’s control. These initiatives are reasonably within management’s control and </div><div id="a2732" style="position:absolute;font-family:'Arial';left:5px;top:281px;">actionable in the near future as needed.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2735" style="position:absolute;font-family:'Arial';left:5px;top:310px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>forecasts<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:5px;white-space:pre"> </div>subject<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>achievement<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>production<div style="display:inline-block;width:6px;white-space:pre"> </div>targets,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>other<div style="display:inline-block;width:5px;white-space:pre"> </div>factors<div style="display:inline-block;width:5px;white-space:pre"> </div>beyond<div style="display:inline-block;width:6px;white-space:pre"> </div>its </div><div id="a2736" style="position:absolute;font-family:'Arial';left:5px;top:325px;">control,<div style="display:inline-block;width:5px;white-space:pre"> </div>including<div style="display:inline-block;width:5px;white-space:pre"> </div>general<div style="display:inline-block;width:5px;white-space:pre"> </div>economic<div style="display:inline-block;width:5px;white-space:pre"> </div>conditions,<div style="display:inline-block;width:5px;white-space:pre"> </div>metallurgical<div style="display:inline-block;width:5px;white-space:pre"> </div>coal<div style="display:inline-block;width:5px;white-space:pre"> </div>pricing,<div style="display:inline-block;width:5px;white-space:pre"> </div>competitive<div style="display:inline-block;width:5px;white-space:pre"> </div>dynamics<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>weather-</div><div id="a2738" style="position:absolute;font-family:'Arial';left:5px;top:341px;">related impacts.<div style="display:inline-block;width:5px;white-space:pre"> </div>The Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>working capital<div style="display:inline-block;width:5px;white-space:pre"> </div>requirements in<div style="display:inline-block;width:5px;white-space:pre"> </div>the short<div style="display:inline-block;width:5px;white-space:pre"> </div>to medium<div style="display:inline-block;width:5px;white-space:pre"> </div>term are<div style="display:inline-block;width:5px;white-space:pre"> </div>also dependent </div><div id="a2740" style="position:absolute;font-family:'Arial';left:5px;top:356px;">on variations in these factors and the preparation of forecasts<div style="display:inline-block;width:5px;white-space:pre"> </div>requires management’s judgement.</div></div></div>
-318600000
121000000.0
157800000
<div id="TextBlockContainer22" style="position:relative;line-height:normal;width:676px;height:529px;"><div id="TextContainer22" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2759" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">2.<div style="display:inline-block;width:13px;white-space:pre"> </div>Summary of Significant Accounting Policies </div><div id="a2763" style="position:absolute;font-family:'Arial';left:5px;top:29px;">Please see Note 2 “Summary<div style="display:inline-block;width:5px;white-space:pre"> </div>of Significant Accounting Policies”<div style="display:inline-block;width:5px;white-space:pre"> </div>contained in the audited<div style="display:inline-block;width:5px;white-space:pre"> </div>consolidated financial </div><div id="a2764" style="position:absolute;font-family:'Arial';left:5px;top:44px;">statements for the year ended December 31, 2025 included in Coronado Global Resources Inc.’s Annual Report </div><div id="a2766" style="position:absolute;font-family:'Arial';left:5px;top:59px;">on Form 10-K filed with the SEC and ASX on March<div style="display:inline-block;width:5px;white-space:pre"> </div>3, 2026. </div></div><div id="div_19_XBRL_TS_b64750ff26084ba3925970d542fee15a" style="position:absolute;left:0px;top:85px;float:left;"><div id="TextBlockContainer20" style="position:relative;line-height:normal;width:676px;height:443px;"><div id="TextContainer20" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2773" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">(a) Newly Adopted Accounting Standards</div><div id="a2776" style="position:absolute;font-family:'Arial';left:5px;top:29px;">During<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>period,<div style="display:inline-block;width:6px;white-space:pre"> </div>there<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>no<div style="display:inline-block;width:6px;white-space:pre"> </div>new<div style="display:inline-block;width:6px;white-space:pre"> </div>Accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>Standards<div style="display:inline-block;width:6px;white-space:pre"> </div>Update,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>ASU,<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Financial </div><div id="a2780" style="position:absolute;font-family:'Arial';left:5px;top:44px;">Accounting Standards Board,<div style="display:inline-block;width:5px;white-space:pre"> </div>or the FASB,<div style="display:inline-block;width:6px;white-space:pre"> </div>that had a material<div style="display:inline-block;width:5px;white-space:pre"> </div>impact on the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated financial </div><div id="a2789" style="position:absolute;font-family:'Arial';left:5px;top:59px;">statements. </div><div id="a2792" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:85px;">(b) Accounting Standards Not Yet<div style="display:inline-block;width:5px;white-space:pre"> </div>Implemented</div><div id="a2794" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:114px;">ASU<div style="display:inline-block;width:8px;white-space:pre"> </div>No.<div style="display:inline-block;width:8px;white-space:pre"> </div>“2024-03<div style="display:inline-block;width:8px;white-space:pre"> </div>-<div style="display:inline-block;width:8px;white-space:pre"> </div>“Income<div style="display:inline-block;width:8px;white-space:pre"> </div>Statement<div style="display:inline-block;width:8px;white-space:pre"> </div>–<div style="display:inline-block;width:7px;white-space:pre"> </div>Reporting<div style="display:inline-block;width:8px;white-space:pre"> </div>Comprehensive<div style="display:inline-block;width:8px;white-space:pre"> </div>Income<div style="display:inline-block;width:8px;white-space:pre"> </div>–<div style="display:inline-block;width:8px;white-space:pre"> </div>Expense<div style="display:inline-block;width:8px;white-space:pre"> </div>Disaggregation </div><div id="a2809" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:129px;">Disclosures” (Subtopic<div style="display:inline-block;width:5px;white-space:pre"> </div>220-40)</div><div id="a2812" style="position:absolute;font-family:'Arial';left:189px;top:129px;">: Disaggregation<div style="display:inline-block;width:5px;white-space:pre"> </div>of Income<div style="display:inline-block;width:5px;white-space:pre"> </div>Statement Expenses.<div style="display:inline-block;width:5px;white-space:pre"> </div>In November<div style="display:inline-block;width:5px;white-space:pre"> </div>2024, the<div style="display:inline-block;width:5px;white-space:pre"> </div>FASB </div><div id="a2813" style="position:absolute;font-family:'Arial';left:5px;top:145px;">issued<div style="display:inline-block;width:5px;white-space:pre"> </div>ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>2024-03,<div style="display:inline-block;width:5px;white-space:pre"> </div>which<div style="display:inline-block;width:5px;white-space:pre"> </div>requires<div style="display:inline-block;width:6px;white-space:pre"> </div>disclosure,<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>notes<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>statements,<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>specified<div style="display:inline-block;width:6px;white-space:pre"> </div>information </div><div id="a2821" style="position:absolute;font-family:'Arial';left:5px;top:160px;">about certain<div style="display:inline-block;width:5px;white-space:pre"> </div>costs and<div style="display:inline-block;width:5px;white-space:pre"> </div>expenses. The<div style="display:inline-block;width:5px;white-space:pre"> </div>amendments aim<div style="display:inline-block;width:6px;white-space:pre"> </div>to improve<div style="display:inline-block;width:5px;white-space:pre"> </div>financial reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>by requiring<div style="display:inline-block;width:5px;white-space:pre"> </div>that public </div><div id="a2822" style="position:absolute;font-family:'Arial';left:5px;top:175px;">business<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>disclose<div style="display:inline-block;width:7px;white-space:pre"> </div>additional<div style="display:inline-block;width:6px;white-space:pre"> </div>information<div style="display:inline-block;width:6px;white-space:pre"> </div>about<div style="display:inline-block;width:6px;white-space:pre"> </div>specific<div style="display:inline-block;width:6px;white-space:pre"> </div>expense<div style="display:inline-block;width:6px;white-space:pre"> </div>categories<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>notes<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>financial </div><div id="a2824" style="position:absolute;font-family:'Arial';left:5px;top:191px;">statements at interim<div style="display:inline-block;width:2px;white-space:pre"> </div>and annual reporting<div style="display:inline-block;width:2px;white-space:pre"> </div>periods. The updated<div style="display:inline-block;width:2px;white-space:pre"> </div>standard is effective<div style="display:inline-block;width:2px;white-space:pre"> </div>for annual reporting<div style="display:inline-block;width:2px;white-space:pre"> </div>periods </div><div id="a2825" style="position:absolute;font-family:'Arial';left:5px;top:206px;">beginning<div style="display:inline-block;width:5px;white-space:pre"> </div>after<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>15,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods<div style="display:inline-block;width:5px;white-space:pre"> </div>beginning<div style="display:inline-block;width:5px;white-space:pre"> </div>after<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:5px;white-space:pre"> </div>15,<div style="display:inline-block;width:5px;white-space:pre"> </div>2027.<div style="display:inline-block;width:5px;white-space:pre"> </div>Early </div><div id="a2827" style="position:absolute;font-family:'Arial';left:5px;top:221px;">adoption is permitted. The Company is currently evaluating the impact that the updated standard<div style="display:inline-block;width:5px;white-space:pre"> </div>will have on its </div><div id="a2830" style="position:absolute;font-family:'Arial';left:5px;top:237px;">financial statement disclosures. </div><div id="a2832" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:263px;">ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>No.<div style="display:inline-block;width:5px;white-space:pre"> </div>“2025-11<div style="display:inline-block;width:6px;white-space:pre"> </div>-<div style="display:inline-block;width:5px;white-space:pre"> </div>Interim<div style="display:inline-block;width:5px;white-space:pre"> </div>Reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>(Topic<div style="display:inline-block;width:7px;white-space:pre"> </div>270</div><div id="a2840" style="position:absolute;font-family:'Arial';left:305px;top:263px;">): </div><div id="a2841" style="position:absolute;font-family:'Arial';font-style:italic;left:318px;top:263px;">Narrow-Scope<div style="display:inline-block;width:5px;white-space:pre"> </div>Improvements”</div><div id="a2845" style="position:absolute;font-family:'Arial';left:498px;top:263px;">.<div style="display:inline-block;width:5px;white-space:pre"> </div>In<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:5px;white-space:pre"> </div>2025,<div style="display:inline-block;width:5px;white-space:pre"> </div>FASB </div><div id="a2846" style="position:absolute;font-family:'Arial';left:5px;top:278px;">issued<div style="display:inline-block;width:5px;white-space:pre"> </div>ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>2025-11<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>clarify<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>guidance<div style="display:inline-block;width:5px;white-space:pre"> </div>under<div style="display:inline-block;width:5px;white-space:pre"> </div>Topic<div style="display:inline-block;width:7px;white-space:pre"> </div>270.<div style="display:inline-block;width:5px;white-space:pre"> </div>The<div style="display:inline-block;width:5px;white-space:pre"> </div>amendments<div style="display:inline-block;width:5px;white-space:pre"> </div>aim<div style="display:inline-block;width:5px;white-space:pre"> </div>to </div><div id="a2849" style="position:absolute;font-family:'Arial';left:5px;top:293px;">make<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>requirements<div style="display:inline-block;width:6px;white-space:pre"> </div>easier<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>navigate<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>apply.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>do<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>change<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a2850" style="position:absolute;font-family:'Arial';left:5px;top:309px;">substance<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>existing<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>requirements<div style="display:inline-block;width:6px;white-space:pre"> </div>but<div style="display:inline-block;width:6px;white-space:pre"> </div>reorganize<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>clarify<div style="display:inline-block;width:6px;white-space:pre"> </div>when<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>how<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>guidance </div><div id="a2852" style="position:absolute;font-family:'Arial';left:5px;top:324px;">applies.<div style="display:inline-block;width:5px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>also<div style="display:inline-block;width:5px;white-space:pre"> </div>introduce<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>new<div style="display:inline-block;width:6px;white-space:pre"> </div>disclosure<div style="display:inline-block;width:6px;white-space:pre"> </div>principle<div style="display:inline-block;width:6px;white-space:pre"> </div>requiring<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>disclose<div style="display:inline-block;width:6px;white-space:pre"> </div>events<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a2855" style="position:absolute;font-family:'Arial';left:5px;top:339px;">changes occurring since the end of<div style="display:inline-block;width:2px;white-space:pre"> </div>the last annual reporting period that have<div style="display:inline-block;width:2px;white-space:pre"> </div>a material impact on the<div style="display:inline-block;width:2px;white-space:pre"> </div>entity. The </div><div id="a2856" style="position:absolute;font-family:'Arial';left:5px;top:355px;">updated standard will<div style="display:inline-block;width:6px;white-space:pre"> </div>be effective<div style="display:inline-block;width:5px;white-space:pre"> </div>for annual periods<div style="display:inline-block;width:6px;white-space:pre"> </div>beginning after December<div style="display:inline-block;width:6px;white-space:pre"> </div>15, 2027, and<div style="display:inline-block;width:5px;white-space:pre"> </div>interim reporting </div><div id="a2857" style="position:absolute;font-family:'Arial';left:5px;top:370px;">periods within those annual<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting periods. The Company<div style="display:inline-block;width:5px;white-space:pre"> </div>is currently evaluating the<div style="display:inline-block;width:5px;white-space:pre"> </div>impact that the updated </div><div id="a2859" style="position:absolute;font-family:'Arial';left:5px;top:385px;">standard will have on its financial statement disclosures.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2861" style="position:absolute;font-family:'Arial';left:5px;top:411px;">There have been<div style="display:inline-block;width:2px;white-space:pre"> </div>no other recent<div style="display:inline-block;width:2px;white-space:pre"> </div>accounting pronouncements<div style="display:inline-block;width:3px;white-space:pre"> </div>not yet effective<div style="display:inline-block;width:2px;white-space:pre"> </div>that have significance,<div style="display:inline-block;width:2px;white-space:pre"> </div>or potential </div><div id="a2865" style="position:absolute;font-family:'Arial';left:5px;top:427px;">significance, to the Company’s consolidated financial<div style="display:inline-block;width:5px;white-space:pre"> </div>statements.</div></div></div></div></div>
<div id="TextBlockContainer20" style="position:relative;line-height:normal;width:676px;height:443px;"><div id="TextContainer20" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2773" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">(a) Newly Adopted Accounting Standards</div><div id="a2776" style="position:absolute;font-family:'Arial';left:5px;top:29px;">During<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>period,<div style="display:inline-block;width:6px;white-space:pre"> </div>there<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>no<div style="display:inline-block;width:6px;white-space:pre"> </div>new<div style="display:inline-block;width:6px;white-space:pre"> </div>Accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>Standards<div style="display:inline-block;width:6px;white-space:pre"> </div>Update,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>ASU,<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Financial </div><div id="a2780" style="position:absolute;font-family:'Arial';left:5px;top:44px;">Accounting Standards Board,<div style="display:inline-block;width:5px;white-space:pre"> </div>or the FASB,<div style="display:inline-block;width:6px;white-space:pre"> </div>that had a material<div style="display:inline-block;width:5px;white-space:pre"> </div>impact on the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated financial </div><div id="a2789" style="position:absolute;font-family:'Arial';left:5px;top:59px;">statements. </div><div id="a2792" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:85px;">(b) Accounting Standards Not Yet<div style="display:inline-block;width:5px;white-space:pre"> </div>Implemented</div><div id="a2794" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:114px;">ASU<div style="display:inline-block;width:8px;white-space:pre"> </div>No.<div style="display:inline-block;width:8px;white-space:pre"> </div>“2024-03<div style="display:inline-block;width:8px;white-space:pre"> </div>-<div style="display:inline-block;width:8px;white-space:pre"> </div>“Income<div style="display:inline-block;width:8px;white-space:pre"> </div>Statement<div style="display:inline-block;width:8px;white-space:pre"> </div>–<div style="display:inline-block;width:7px;white-space:pre"> </div>Reporting<div style="display:inline-block;width:8px;white-space:pre"> </div>Comprehensive<div style="display:inline-block;width:8px;white-space:pre"> </div>Income<div style="display:inline-block;width:8px;white-space:pre"> </div>–<div style="display:inline-block;width:8px;white-space:pre"> </div>Expense<div style="display:inline-block;width:8px;white-space:pre"> </div>Disaggregation </div><div id="a2809" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:129px;">Disclosures” (Subtopic<div style="display:inline-block;width:5px;white-space:pre"> </div>220-40)</div><div id="a2812" style="position:absolute;font-family:'Arial';left:189px;top:129px;">: Disaggregation<div style="display:inline-block;width:5px;white-space:pre"> </div>of Income<div style="display:inline-block;width:5px;white-space:pre"> </div>Statement Expenses.<div style="display:inline-block;width:5px;white-space:pre"> </div>In November<div style="display:inline-block;width:5px;white-space:pre"> </div>2024, the<div style="display:inline-block;width:5px;white-space:pre"> </div>FASB </div><div id="a2813" style="position:absolute;font-family:'Arial';left:5px;top:145px;">issued<div style="display:inline-block;width:5px;white-space:pre"> </div>ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>2024-03,<div style="display:inline-block;width:5px;white-space:pre"> </div>which<div style="display:inline-block;width:5px;white-space:pre"> </div>requires<div style="display:inline-block;width:6px;white-space:pre"> </div>disclosure,<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>notes<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>statements,<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>specified<div style="display:inline-block;width:6px;white-space:pre"> </div>information </div><div id="a2821" style="position:absolute;font-family:'Arial';left:5px;top:160px;">about certain<div style="display:inline-block;width:5px;white-space:pre"> </div>costs and<div style="display:inline-block;width:5px;white-space:pre"> </div>expenses. The<div style="display:inline-block;width:5px;white-space:pre"> </div>amendments aim<div style="display:inline-block;width:6px;white-space:pre"> </div>to improve<div style="display:inline-block;width:5px;white-space:pre"> </div>financial reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>by requiring<div style="display:inline-block;width:5px;white-space:pre"> </div>that public </div><div id="a2822" style="position:absolute;font-family:'Arial';left:5px;top:175px;">business<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>disclose<div style="display:inline-block;width:7px;white-space:pre"> </div>additional<div style="display:inline-block;width:6px;white-space:pre"> </div>information<div style="display:inline-block;width:6px;white-space:pre"> </div>about<div style="display:inline-block;width:6px;white-space:pre"> </div>specific<div style="display:inline-block;width:6px;white-space:pre"> </div>expense<div style="display:inline-block;width:6px;white-space:pre"> </div>categories<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>notes<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>financial </div><div id="a2824" style="position:absolute;font-family:'Arial';left:5px;top:191px;">statements at interim<div style="display:inline-block;width:2px;white-space:pre"> </div>and annual reporting<div style="display:inline-block;width:2px;white-space:pre"> </div>periods. The updated<div style="display:inline-block;width:2px;white-space:pre"> </div>standard is effective<div style="display:inline-block;width:2px;white-space:pre"> </div>for annual reporting<div style="display:inline-block;width:2px;white-space:pre"> </div>periods </div><div id="a2825" style="position:absolute;font-family:'Arial';left:5px;top:206px;">beginning<div style="display:inline-block;width:5px;white-space:pre"> </div>after<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>15,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods<div style="display:inline-block;width:5px;white-space:pre"> </div>beginning<div style="display:inline-block;width:5px;white-space:pre"> </div>after<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:5px;white-space:pre"> </div>15,<div style="display:inline-block;width:5px;white-space:pre"> </div>2027.<div style="display:inline-block;width:5px;white-space:pre"> </div>Early </div><div id="a2827" style="position:absolute;font-family:'Arial';left:5px;top:221px;">adoption is permitted. The Company is currently evaluating the impact that the updated standard<div style="display:inline-block;width:5px;white-space:pre"> </div>will have on its </div><div id="a2830" style="position:absolute;font-family:'Arial';left:5px;top:237px;">financial statement disclosures. </div><div id="a2832" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:263px;">ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>No.<div style="display:inline-block;width:5px;white-space:pre"> </div>“2025-11<div style="display:inline-block;width:6px;white-space:pre"> </div>-<div style="display:inline-block;width:5px;white-space:pre"> </div>Interim<div style="display:inline-block;width:5px;white-space:pre"> </div>Reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>(Topic<div style="display:inline-block;width:7px;white-space:pre"> </div>270</div><div id="a2840" style="position:absolute;font-family:'Arial';left:305px;top:263px;">): </div><div id="a2841" style="position:absolute;font-family:'Arial';font-style:italic;left:318px;top:263px;">Narrow-Scope<div style="display:inline-block;width:5px;white-space:pre"> </div>Improvements”</div><div id="a2845" style="position:absolute;font-family:'Arial';left:498px;top:263px;">.<div style="display:inline-block;width:5px;white-space:pre"> </div>In<div style="display:inline-block;width:5px;white-space:pre"> </div>December<div style="display:inline-block;width:5px;white-space:pre"> </div>2025,<div style="display:inline-block;width:5px;white-space:pre"> </div>FASB </div><div id="a2846" style="position:absolute;font-family:'Arial';left:5px;top:278px;">issued<div style="display:inline-block;width:5px;white-space:pre"> </div>ASU<div style="display:inline-block;width:5px;white-space:pre"> </div>2025-11<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>clarify<div style="display:inline-block;width:5px;white-space:pre"> </div>interim<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting<div style="display:inline-block;width:5px;white-space:pre"> </div>guidance<div style="display:inline-block;width:5px;white-space:pre"> </div>under<div style="display:inline-block;width:5px;white-space:pre"> </div>Topic<div style="display:inline-block;width:7px;white-space:pre"> </div>270.<div style="display:inline-block;width:5px;white-space:pre"> </div>The<div style="display:inline-block;width:5px;white-space:pre"> </div>amendments<div style="display:inline-block;width:5px;white-space:pre"> </div>aim<div style="display:inline-block;width:5px;white-space:pre"> </div>to </div><div id="a2849" style="position:absolute;font-family:'Arial';left:5px;top:293px;">make<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>requirements<div style="display:inline-block;width:6px;white-space:pre"> </div>easier<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>navigate<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>apply.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>do<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>change<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a2850" style="position:absolute;font-family:'Arial';left:5px;top:309px;">substance<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>existing<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>requirements<div style="display:inline-block;width:6px;white-space:pre"> </div>but<div style="display:inline-block;width:6px;white-space:pre"> </div>reorganize<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>clarify<div style="display:inline-block;width:6px;white-space:pre"> </div>when<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>how<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>guidance </div><div id="a2852" style="position:absolute;font-family:'Arial';left:5px;top:324px;">applies.<div style="display:inline-block;width:5px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>also<div style="display:inline-block;width:5px;white-space:pre"> </div>introduce<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:5px;white-space:pre"> </div>new<div style="display:inline-block;width:6px;white-space:pre"> </div>disclosure<div style="display:inline-block;width:6px;white-space:pre"> </div>principle<div style="display:inline-block;width:6px;white-space:pre"> </div>requiring<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>disclose<div style="display:inline-block;width:6px;white-space:pre"> </div>events<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a2855" style="position:absolute;font-family:'Arial';left:5px;top:339px;">changes occurring since the end of<div style="display:inline-block;width:2px;white-space:pre"> </div>the last annual reporting period that have<div style="display:inline-block;width:2px;white-space:pre"> </div>a material impact on the<div style="display:inline-block;width:2px;white-space:pre"> </div>entity. The </div><div id="a2856" style="position:absolute;font-family:'Arial';left:5px;top:355px;">updated standard will<div style="display:inline-block;width:6px;white-space:pre"> </div>be effective<div style="display:inline-block;width:5px;white-space:pre"> </div>for annual periods<div style="display:inline-block;width:6px;white-space:pre"> </div>beginning after December<div style="display:inline-block;width:6px;white-space:pre"> </div>15, 2027, and<div style="display:inline-block;width:5px;white-space:pre"> </div>interim reporting </div><div id="a2857" style="position:absolute;font-family:'Arial';left:5px;top:370px;">periods within those annual<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting periods. The Company<div style="display:inline-block;width:5px;white-space:pre"> </div>is currently evaluating the<div style="display:inline-block;width:5px;white-space:pre"> </div>impact that the updated </div><div id="a2859" style="position:absolute;font-family:'Arial';left:5px;top:385px;">standard will have on its financial statement disclosures.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2861" style="position:absolute;font-family:'Arial';left:5px;top:411px;">There have been<div style="display:inline-block;width:2px;white-space:pre"> </div>no other recent<div style="display:inline-block;width:2px;white-space:pre"> </div>accounting pronouncements<div style="display:inline-block;width:3px;white-space:pre"> </div>not yet effective<div style="display:inline-block;width:2px;white-space:pre"> </div>that have significance,<div style="display:inline-block;width:2px;white-space:pre"> </div>or potential </div><div id="a2865" style="position:absolute;font-family:'Arial';left:5px;top:427px;">significance, to the Company’s consolidated financial<div style="display:inline-block;width:5px;white-space:pre"> </div>statements.</div></div></div>
<div id="TextBlockContainer26" style="position:relative;line-height:normal;width:676px;height:353px;"><div id="TextContainer26" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a2875" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">3.<div style="display:inline-block;width:13px;white-space:pre"> </div>Segment Information </div><div id="a2879" style="position:absolute;font-family:'Arial';left:5px;top:29px;">The Company has a portfolio of operating<div style="display:inline-block;width:5px;white-space:pre"> </div>mines and development projects in<div style="display:inline-block;width:5px;white-space:pre"> </div>Queensland, Australia, and in the </div><div id="a2880" style="position:absolute;font-family:'Arial';left:5px;top:44px;">states of<div style="display:inline-block;width:6px;white-space:pre"> </div>Pennsylvania,<div style="display:inline-block;width:5px;white-space:pre"> </div>Virginia<div style="display:inline-block;width:5px;white-space:pre"> </div>and West<div style="display:inline-block;width:7px;white-space:pre"> </div>Virginia<div style="display:inline-block;width:5px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>U.S. The<div style="display:inline-block;width:6px;white-space:pre"> </div>Australian Operations<div style="display:inline-block;width:7px;white-space:pre"> </div>comprise the </div><div id="a2880_102_3" style="position:absolute;font-family:'Arial';left:624px;top:44px;">100</div><div id="a2880_105_2" style="position:absolute;font-family:'Arial';left:647px;top:44px;">%-</div><div id="a2886" style="position:absolute;font-family:'Arial';left:5px;top:59px;">owned Curragh producing<div style="display:inline-block;width:2px;white-space:pre"> </div>mine complex. The<div style="display:inline-block;width:2px;white-space:pre"> </div>U.S. Operations comprise<div style="display:inline-block;width:2px;white-space:pre"> </div>a </div><div id="a2886_69_3" style="position:absolute;font-family:'Arial';left:439px;top:59px;">100</div><div id="a2886_72_31" style="position:absolute;font-family:'Arial';left:461px;top:59px;">%-owned producing mine<div style="display:inline-block;width:2px;white-space:pre"> </div>complex </div><div id="a2892" style="position:absolute;font-family:'Arial';left:5px;top:75px;">(Buchanan), a </div><div id="a2892_14_3" style="position:absolute;font-family:'Arial';left:92px;top:75px;">100</div><div id="a2892_17_76" style="position:absolute;font-family:'Arial';left:115px;top:75px;">%-owned idle mine complex (Logan) and a development<div style="display:inline-block;width:5px;white-space:pre"> </div>property (Mon Valley).<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a2904" style="position:absolute;font-family:'Arial';left:5px;top:101px;">The Company operates its<div style="display:inline-block;width:5px;white-space:pre"> </div>business along </div><div id="a2904_40_3" style="position:absolute;font-family:'Arial';left:259px;top:101px;">two</div><div id="a2904_43_65" style="position:absolute;font-family:'Arial';left:280px;top:101px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>reportable segments: Australia<div style="display:inline-block;width:5px;white-space:pre"> </div>and the U.S. The<div style="display:inline-block;width:5px;white-space:pre"> </div>organization of </div><div id="a2909" style="position:absolute;font-family:'Arial';left:5px;top:116px;">the </div><div id="a2909_4_3" style="position:absolute;font-family:'Arial';left:26px;top:116px;">two</div><div id="a2909_7_105" style="position:absolute;font-family:'Arial';left:47px;top:116px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>reportable segments reflects<div style="display:inline-block;width:2px;white-space:pre"> </div>how Coronado’s Interim<div style="display:inline-block;width:2px;white-space:pre"> </div>Chief Executive Officer, who is<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s chief </div><div id="a2916" style="position:absolute;font-family:'Arial';left:5px;top:131px;">operating<div style="display:inline-block;width:7px;white-space:pre"> </div>decision<div style="display:inline-block;width:7px;white-space:pre"> </div>maker,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>CODM,<div style="display:inline-block;width:7px;white-space:pre"> </div>manages<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>allocates<div style="display:inline-block;width:7px;white-space:pre"> </div>resources<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>various<div style="display:inline-block;width:7px;white-space:pre"> </div>components<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a2917" style="position:absolute;font-family:'Arial';left:5px;top:147px;">Company’s business. </div><div id="a2919" style="position:absolute;font-family:'Arial';left:5px;top:173px;">The CODM<div style="display:inline-block;width:6px;white-space:pre"> </div>uses Adjusted<div style="display:inline-block;width:6px;white-space:pre"> </div>EBITDA as<div style="display:inline-block;width:6px;white-space:pre"> </div>the primary<div style="display:inline-block;width:6px;white-space:pre"> </div>metric to<div style="display:inline-block;width:6px;white-space:pre"> </div>measure each<div style="display:inline-block;width:6px;white-space:pre"> </div>segment’s<div style="display:inline-block;width:5px;white-space:pre"> </div>operating performance. </div><div id="a2920" style="position:absolute;font-family:'Arial';left:5px;top:188px;">Adjusted EBITDA is not<div style="display:inline-block;width:2px;white-space:pre"> </div>a measure of<div style="display:inline-block;width:2px;white-space:pre"> </div>financial performance calculated in accordance with<div style="display:inline-block;width:2px;white-space:pre"> </div>U.S. GAAP. Investors, </div><div id="a2924" style="position:absolute;font-family:'Arial';left:5px;top:203px;">analysts,<div style="display:inline-block;width:5px;white-space:pre"> </div>lenders<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>rating<div style="display:inline-block;width:5px;white-space:pre"> </div>agencies<div style="display:inline-block;width:5px;white-space:pre"> </div>should<div style="display:inline-block;width:5px;white-space:pre"> </div>be<div style="display:inline-block;width:5px;white-space:pre"> </div>aware<div style="display:inline-block;width:5px;white-space:pre"> </div>that<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:5px;white-space:pre"> </div>presentation<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>Adjusted<div style="display:inline-block;width:5px;white-space:pre"> </div>EBITDA </div><div id="a2927" style="position:absolute;font-family:'Arial';left:5px;top:219px;">may not be comparable to similarly titled financial measures<div style="display:inline-block;width:5px;white-space:pre"> </div>used by other companies.<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a2929" style="position:absolute;font-family:'Arial';left:5px;top:245px;">Adjusted EBITDA is<div style="display:inline-block;width:2px;white-space:pre"> </div>defined as earnings<div style="display:inline-block;width:2px;white-space:pre"> </div>before interest, taxes,<div style="display:inline-block;width:2px;white-space:pre"> </div>depreciation, depletion and<div style="display:inline-block;width:2px;white-space:pre"> </div>amortization and other </div><div id="a2934" style="position:absolute;font-family:'Arial';left:5px;top:260px;">foreign exchange losses. Adjusted EBITDA is<div style="display:inline-block;width:5px;white-space:pre"> </div>also adjusted for certain discrete items that<div style="display:inline-block;width:5px;white-space:pre"> </div>management exclude </div><div id="a2935" style="position:absolute;font-family:'Arial';left:5px;top:275px;">in analyzing each<div style="display:inline-block;width:2px;white-space:pre"> </div>of the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company’s segments’ operating performance.<div style="display:inline-block;width:2px;white-space:pre"> </div>“Other and corporate”<div style="display:inline-block;width:2px;white-space:pre"> </div>relates to additional </div><div id="a2936" style="position:absolute;font-family:'Arial';left:5px;top:291px;">financial information for<div style="display:inline-block;width:2px;white-space:pre"> </div>the<div style="display:inline-block;width:3px;white-space:pre"> </div>corporate function,<div style="display:inline-block;width:3px;white-space:pre"> </div>such as financial<div style="display:inline-block;width:2px;white-space:pre"> </div>reporting and accounting, treasury, legal, human </div><div id="a2942" style="position:absolute;font-family:'Arial';left:5px;top:306px;">resources, compliance,<div style="display:inline-block;width:5px;white-space:pre"> </div>and tax.<div style="display:inline-block;width:9px;white-space:pre"> </div>As such, the<div style="display:inline-block;width:5px;white-space:pre"> </div>corporate function<div style="display:inline-block;width:5px;white-space:pre"> </div>is not determined<div style="display:inline-block;width:6px;white-space:pre"> </div>to be<div style="display:inline-block;width:5px;white-space:pre"> </div>a reportable segment </div><div id="a2944" style="position:absolute;font-family:'Arial';left:5px;top:321px;">but is<div style="display:inline-block;width:5px;white-space:pre"> </div>discretely disclosed<div style="display:inline-block;width:6px;white-space:pre"> </div>for purposes<div style="display:inline-block;width:5px;white-space:pre"> </div>of reconciliation<div style="display:inline-block;width:5px;white-space:pre"> </div>to the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:5px;white-space:pre"> </div>unaudited Condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>Consolidated </div><div id="a2949" style="position:absolute;font-family:'Arial';left:5px;top:337px;">Financial Statements. </div></div></div><div id="TextBlockContainer29" style="position:relative;line-height:normal;width:672px;height:17px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer29" style="position:relative;width:672px;z-index:1;font-size:13.28px;"><div id="a2967" style="position:absolute;font-family:'Arial';left:5px;top:0px;">Reportable segment results as<div style="display:inline-block;width:2px;white-space:pre"> </div>of and for<div style="display:inline-block;width:2px;white-space:pre"> </div>the three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31, 2026<div style="display:inline-block;width:2px;white-space:pre"> </div>and 2025 are<div style="display:inline-block;width:2px;white-space:pre"> </div>presented below:</div></div></div><div id="TextBlockContainer33" style="position:relative;line-height:normal;width:667px;height:435px;"><div style="position:absolute; width:259.3px; height:1px; left:1.3px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:279.9px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:291.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:292.4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1.9px; left:291.8px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:376.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:388px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:389.9px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:472.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:484px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.5px; height:1.9px; left:485.9px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:568.3px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:580.2px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:582.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1.9px; left:291.8px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:376.1px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:388px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:389.9px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:472.1px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:484px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.5px; height:1.9px; left:485.9px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:568.3px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:580.2px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:582.1px; top:381.1px; background-color:#000000; "> </div>
<div id="TextContainer33" style="position:relative;width:667px;z-index:1;font-size:13.28px;"><div id="a2969" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a2973" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:308px;top:12px;">Australia </div><div id="a2977" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:393px;top:12px;">United States </div><div id="a2981" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:498px;top:0px;">Other and </div><div id="a2982" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:498px;top:12px;">Corporate </div><div id="a2986" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:607px;top:12px;">Total </div><div id="a2988" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:27px;">Three months ended March 31, 2026 </div><div id="a3004" style="position:absolute;font-family:'Arial';left:22px;top:44px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>revenues </div><div id="a3007" style="position:absolute;font-family:'Arial';left:283px;top:44px;">$ </div><div id="a3009" style="position:absolute;font-family:'Arial';left:315px;top:44px;">259,088</div><div id="a3012" style="position:absolute;font-family:'Arial';left:379px;top:44px;">$ </div><div id="a3014" style="position:absolute;font-family:'Arial';left:411px;top:44px;">208,104</div><div id="a3017" style="position:absolute;font-family:'Arial';left:475px;top:44px;">$ </div><div id="a3019" style="position:absolute;font-family:'Arial';left:542px;top:44px;">—</div><div id="a3022" style="position:absolute;font-family:'Arial';left:571px;top:44px;">$ </div><div id="a3024" style="position:absolute;font-family:'Arial';left:604px;top:44px;">467,192</div><div id="a3026" style="position:absolute;font-family:'Arial';left:22px;top:62px;">Less:<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3040" style="position:absolute;font-family:'Arial';left:22px;top:82px;">Mining cash costs </div><div id="a3041" style="position:absolute;font-family:'Arial';font-size:8.64px;left:132px;top:83px;">(1)</div><div id="a3045" style="position:absolute;font-family:'Arial';left:310px;top:82px;display:flex;">(253,890)</div><div id="a3049" style="position:absolute;font-family:'Arial';left:406px;top:82px;display:flex;">(146,857)</div><div id="a3053" style="position:absolute;font-family:'Arial';left:542px;top:82px;">—</div><div id="a3057" style="position:absolute;font-family:'Arial';left:599px;top:82px;display:flex;">(400,747)</div><div id="a3059" style="position:absolute;font-family:'Arial';left:22px;top:103px;">Other operating costs </div><div id="a3060" style="position:absolute;font-family:'Arial';font-size:8.64px;left:153px;top:103px;">(1) </div><div id="a3064" style="position:absolute;font-family:'Arial';left:310px;top:103px;display:flex;">(101,076)</div><div id="a3068" style="position:absolute;font-family:'Arial';left:414px;top:103px;display:flex;">(58,150)</div><div id="a3072" style="position:absolute;font-family:'Arial';left:542px;top:103px;">—</div><div id="a3076" style="position:absolute;font-family:'Arial';left:599px;top:103px;display:flex;">(159,226)</div><div id="a3078" style="position:absolute;font-family:'Arial';left:22px;top:121px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>operating costs </div><div id="a3082" style="position:absolute;font-family:'Arial';left:310px;top:121px;display:flex;">(354,966)</div><div id="a3086" style="position:absolute;font-family:'Arial';left:406px;top:121px;display:flex;">(205,007)</div><div id="a3090" style="position:absolute;font-family:'Arial';left:542px;top:121px;">—</div><div id="a3094" style="position:absolute;font-family:'Arial';left:599px;top:121px;display:flex;">(559,973)</div><div id="a3096" style="position:absolute;font-family:'Arial';left:22px;top:142px;">Other and unallocated costs </div><div id="a3097" style="position:absolute;font-family:'Arial';font-size:8.64px;left:192px;top:142px;">(2)</div><div id="a3098" style="position:absolute;font-family:'Arial';left:202px;top:142px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3102" style="position:absolute;font-family:'Arial';left:330px;top:142px;">9,305</div><div id="a3106" style="position:absolute;font-family:'Arial';left:421px;top:142px;display:flex;">(1,260)</div><div id="a3110" style="position:absolute;font-family:'Arial';left:517px;top:142px;display:flex;">(4,614)</div><div id="a3114" style="position:absolute;font-family:'Arial';left:618px;top:142px;">3,431</div><div id="a3116" style="position:absolute;font-family:'Arial';left:22px;top:160px;">Segment adjusted EBITDA </div><div id="a3120" style="position:absolute;font-family:'Arial';left:318px;top:160px;display:flex;">(86,573)</div><div id="a3124" style="position:absolute;font-family:'Arial';left:426px;top:160px;">1,837</div><div id="a3128" style="position:absolute;font-family:'Arial';left:517px;top:160px;display:flex;">(4,614)</div><div id="a3132" style="position:absolute;font-family:'Arial';left:606px;top:160px;display:flex;">(89,350)</div><div id="a3147" style="position:absolute;font-family:'Arial';left:22px;top:195px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>assets </div><div id="a3151" style="position:absolute;font-family:'Arial';left:304px;top:195px;">1,310,835</div><div id="a3155" style="position:absolute;font-family:'Arial';left:411px;top:195px;">924,809</div><div id="a3159" style="position:absolute;font-family:'Arial';left:515px;top:195px;">94,530</div><div id="a3163" style="position:absolute;font-family:'Arial';left:592px;top:195px;">2,330,174</div><div id="a3165" style="position:absolute;font-family:'Arial';left:22px;top:212px;">Capital expenditures </div><div id="a3169" style="position:absolute;font-family:'Arial';left:323px;top:212px;">10,922</div><div id="a3173" style="position:absolute;font-family:'Arial';left:426px;top:212px;">9,021</div><div id="a3177" style="position:absolute;font-family:'Arial';left:542px;top:212px;">—</div><div id="a3181" style="position:absolute;font-family:'Arial';left:611px;top:212px;">19,943</div><div id="a3196" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:245px;">Three months ended March 31, 2025 </div><div id="a3212" style="position:absolute;font-family:'Arial';left:22px;top:262px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>revenues </div><div id="a3215" style="position:absolute;font-family:'Arial';left:283px;top:262px;">$ </div><div id="a3217" style="position:absolute;font-family:'Arial';left:315px;top:262px;">273,277</div><div id="a3220" style="position:absolute;font-family:'Arial';left:379px;top:262px;">$ </div><div id="a3222" style="position:absolute;font-family:'Arial';left:411px;top:262px;">175,971</div><div id="a3225" style="position:absolute;font-family:'Arial';left:475px;top:262px;">$ </div><div id="a3227" style="position:absolute;font-family:'Arial';left:542px;top:262px;">—</div><div id="a3230" style="position:absolute;font-family:'Arial';left:571px;top:262px;">$ </div><div id="a3232" style="position:absolute;font-family:'Arial';left:604px;top:262px;">449,248</div><div id="a3234" style="position:absolute;font-family:'Arial';left:22px;top:279px;">Less:<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3248" style="position:absolute;font-family:'Arial';left:22px;top:296px;">Mining cash costs </div><div id="a3249" style="position:absolute;font-family:'Arial';font-size:8.64px;left:132px;top:296px;">(1)</div><div id="a3253" style="position:absolute;font-family:'Arial';left:310px;top:296px;display:flex;">(198,204)</div><div id="a3257" style="position:absolute;font-family:'Arial';left:406px;top:296px;display:flex;">(158,492)</div><div id="a3261" style="position:absolute;font-family:'Arial';left:542px;top:296px;">—</div><div id="a3265" style="position:absolute;font-family:'Arial';left:599px;top:296px;display:flex;">(356,696)</div><div id="a3267" style="position:absolute;font-family:'Arial';left:22px;top:313px;">Other operating costs </div><div id="a3268" style="position:absolute;font-family:'Arial';font-size:8.64px;left:153px;top:313px;">(1) </div><div id="a3272" style="position:absolute;font-family:'Arial';left:310px;top:313px;display:flex;">(140,163)</div><div id="a3276" style="position:absolute;font-family:'Arial';left:414px;top:313px;display:flex;">(16,826)</div><div id="a3280" style="position:absolute;font-family:'Arial';left:542px;top:313px;">—</div><div id="a3284" style="position:absolute;font-family:'Arial';left:599px;top:313px;display:flex;">(156,989)</div><div id="a3286" style="position:absolute;font-family:'Arial';left:22px;top:330px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>operating costs </div><div id="a3290" style="position:absolute;font-family:'Arial';left:310px;top:330px;display:flex;">(338,367)</div><div id="a3294" style="position:absolute;font-family:'Arial';left:406px;top:330px;display:flex;">(175,318)</div><div id="a3298" style="position:absolute;font-family:'Arial';left:542px;top:330px;">—</div><div id="a3302" style="position:absolute;font-family:'Arial';left:599px;top:330px;display:flex;">(513,685)</div><div id="a3304" style="position:absolute;font-family:'Arial';left:22px;top:347px;">Other and unallocated costs </div><div id="a3305" style="position:absolute;font-family:'Arial';font-size:8.64px;left:192px;top:348px;">(2)</div><div id="a3306" style="position:absolute;font-family:'Arial';left:202px;top:347px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3310" style="position:absolute;font-family:'Arial';left:341px;top:347px;">246</div><div id="a3314" style="position:absolute;font-family:'Arial';left:432px;top:347px;display:flex;">(275)</div><div id="a3318" style="position:absolute;font-family:'Arial';left:517px;top:347px;display:flex;">(8,350)</div><div id="a3322" style="position:absolute;font-family:'Arial';left:614px;top:347px;display:flex;">(8,379)</div><div id="a3324" style="position:absolute;font-family:'Arial';left:22px;top:366px;">Segment adjusted EBITDA </div><div id="a3328" style="position:absolute;font-family:'Arial';left:318px;top:366px;display:flex;">(64,844)</div><div id="a3332" style="position:absolute;font-family:'Arial';left:437px;top:366px;">378</div><div id="a3336" style="position:absolute;font-family:'Arial';left:517px;top:366px;display:flex;">(8,350)</div><div id="a3340" style="position:absolute;font-family:'Arial';left:606px;top:366px;display:flex;">(72,816)</div><div id="a3355" style="position:absolute;font-family:'Arial';left:22px;top:401px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>assets </div><div id="a3359" style="position:absolute;font-family:'Arial';left:304px;top:401px;">1,185,488</div><div id="a3363" style="position:absolute;font-family:'Arial';left:400px;top:401px;">1,068,579</div><div id="a3367" style="position:absolute;font-family:'Arial';left:507px;top:401px;">154,742</div><div id="a3371" style="position:absolute;font-family:'Arial';left:592px;top:401px;">2,408,809</div><div id="a3373" style="position:absolute;font-family:'Arial';left:22px;top:418px;">Capital expenditures </div><div id="a3377" style="position:absolute;font-family:'Arial';left:323px;top:418px;">49,736</div><div id="a3381" style="position:absolute;font-family:'Arial';left:419px;top:418px;">67,947</div><div id="a3385" style="position:absolute;font-family:'Arial';left:522px;top:418px;">2,365</div><div id="a3389" style="position:absolute;font-family:'Arial';left:604px;top:418px;">120,048</div></div></div><div id="TextBlockContainer39" style="position:relative;line-height:normal;width:677px;height:53px;"><div id="TextContainer39" style="position:relative;width:677px;z-index:1;font-size:13.28px;"><div id="a3407" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:5px;">The significant expense category and<div style="display:inline-block;width:4px;white-space:pre"> </div>amount aligns with the segment-level<div style="display:inline-block;width:4px;white-space:pre"> </div>information that is regularly provided<div style="display:inline-block;width:4px;white-space:pre"> </div>to the CODM and excludes<div style="display:inline-block;width:4px;white-space:pre"> </div>Depreciation, </div><div id="a3412" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:23px;">Depletion and Amortization. </div><div id="a3414" style="position:absolute;font-family:'Arial';font-size:9.28px;left:5px;top:41px;">(2)</div><div id="a3416" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:41px;">Other and unallocated items for other and corporate includes<div style="display:inline-block;width:4px;white-space:pre"> </div>selling, general and administrative expenses.</div></div></div><div id="TextBlockContainer44" style="position:relative;line-height:normal;width:676px;height:32px;"><div id="TextContainer44" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a3419" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The reconciliations<div style="display:inline-block;width:3px;white-space:pre"> </div>of Consolidated Adjusted<div style="display:inline-block;width:2px;white-space:pre"> </div>EBITDA to net<div style="display:inline-block;width:2px;white-space:pre"> </div>loss attributable to<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company for<div style="display:inline-block;width:2px;white-space:pre"> </div>the three<div style="display:inline-block;width:2px;white-space:pre"> </div>months </div><div id="a3429" style="position:absolute;font-family:'Arial';left:5px;top:15px;">ended March 31, 2026 and 2025 are as follows:</div></div></div><div id="TextBlockContainer48" style="position:relative;line-height:normal;width:671px;height:241px;"><div style="position:absolute; width:462.2px; height:1px; left:4px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:92px; height:1px; left:472.1px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:564.1px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:564.8px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:570.2px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:91.4px; height:1px; left:570.9px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:471.1px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:486px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:569.3px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.3px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:584.1px; top:239.2px; background-color:#000000; "> </div>
<div id="TextContainer48" style="position:relative;width:671px;z-index:1;font-size:13.28px;"><div id="a3439" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:515px;top:0px;">Three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a3443" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:543px;top:15px;">March 31, </div><div id="a3447" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:30px;">(in US$ thousands) </div><div id="a3450" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:30px;">2026 </div><div id="a3453" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:604px;top:30px;">2025 </div><div id="a3458" style="position:absolute;font-family:'Arial';left:7px;top:60px;">Consolidated Adjusted EBITDA </div><div id="a3461" style="position:absolute;font-family:'Arial';left:475px;top:60px;">$ </div><div id="a3463" style="position:absolute;font-family:'Arial';left:512px;top:60px;display:flex;">(89,350)</div><div id="a3466" style="position:absolute;font-family:'Arial';left:573px;top:60px;">$ </div><div id="a3468" style="position:absolute;font-family:'Arial';left:610px;top:60px;display:flex;">(72,816)</div><div id="a3470" style="position:absolute;font-family:'Arial';left:7px;top:77px;">Depreciation, depletion and amortization </div><div id="a3474" style="position:absolute;font-family:'Arial';left:512px;top:77px;display:flex;">(43,337)</div><div id="a3478" style="position:absolute;font-family:'Arial';left:610px;top:77px;display:flex;">(40,521)</div><div id="a3480" style="position:absolute;font-family:'Arial';left:7px;top:98px;">Interest expense, net </div><div id="a3481" style="position:absolute;font-family:'Arial';font-size:8.64px;left:135px;top:98px;">(1)</div><div id="a3485" style="position:absolute;font-family:'Arial';left:512px;top:98px;display:flex;">(33,752)</div><div id="a3489" style="position:absolute;font-family:'Arial';left:610px;top:98px;display:flex;">(17,898)</div><div id="a3491" style="position:absolute;font-family:'Arial';left:7px;top:119px;">Other foreign exchange losses </div><div id="a3492" style="position:absolute;font-family:'Arial';font-size:8.64px;left:191px;top:119px;">(2)</div><div id="a3496" style="position:absolute;font-family:'Arial';left:519px;top:119px;display:flex;">(4,055)</div><div id="a3500" style="position:absolute;font-family:'Arial';left:628px;top:119px;display:flex;">(332)</div><div id="a3502" style="position:absolute;font-family:'Arial';left:7px;top:136px;">Impairment of assets </div><div id="a3506" style="position:absolute;font-family:'Arial';left:504px;top:136px;display:flex;">(159,755)</div><div id="a3510" style="position:absolute;font-family:'Arial';left:642px;top:136px;">—</div><div id="a3512" style="position:absolute;font-family:'Arial';left:7px;top:153px;">Losses on idled assets </div><div id="a3513" style="position:absolute;font-family:'Arial';font-size:8.64px;left:145px;top:153px;">(3)</div><div id="a3517" style="position:absolute;font-family:'Arial';left:544px;top:153px;">—</div><div id="a3521" style="position:absolute;font-family:'Arial';left:617px;top:153px;display:flex;">(1,835)</div><div id="a3523" style="position:absolute;font-family:'Arial';left:7px;top:171px;">Decrease (increase) in provision for credit losses </div><div id="a3527" style="position:absolute;font-family:'Arial';left:535px;top:171px;">127</div><div id="a3531" style="position:absolute;font-family:'Arial';left:628px;top:171px;display:flex;">(630)</div><div id="a3533" style="position:absolute;font-family:'Arial';left:7px;top:188px;">Net loss before tax </div><div id="a3537" style="position:absolute;font-family:'Arial';left:504px;top:188px;display:flex;">(330,122)</div><div id="a3541" style="position:absolute;font-family:'Arial';left:603px;top:188px;display:flex;">(134,032)</div><div id="a3543" style="position:absolute;font-family:'Arial';left:7px;top:205px;">Income tax benefit </div><div id="a3547" style="position:absolute;font-family:'Arial';left:517px;top:205px;">11,532</div><div id="a3551" style="position:absolute;font-family:'Arial';left:615px;top:205px;">37,834</div><div id="a3553" style="position:absolute;font-family:'Arial';left:7px;top:224px;">Net loss </div><div id="a3556" style="position:absolute;font-family:'Arial';left:475px;top:224px;">$ </div><div id="a3558" style="position:absolute;font-family:'Arial';left:504px;top:224px;display:flex;">(318,590)</div><div id="a3561" style="position:absolute;font-family:'Arial';left:573px;top:224px;">$ </div><div id="a3563" style="position:absolute;font-family:'Arial';left:610px;top:224px;display:flex;">(96,198)</div></div></div><div id="TextBlockContainer56" style="position:relative;line-height:normal;width:673px;height:88px;"><div id="div_53_XBRL_TS_80b86dacdaa94cfab8ef8fa24818e0e9" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer54" style="position:relative;line-height:normal;width:673px;height:88px;"><div id="TextContainer54" style="position:relative;width:673px;z-index:1;font-size:13.28px;"><div id="a3566" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:0px;">(1)</div><div id="a3567" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Includes interest income<div style="display:inline-block;width:2px;white-space:pre"> </div>of $</div><div id="a3567_30_3" style="position:absolute;font-family:'Arial';font-size:12px;left:166px;top:0px;">2.1</div><div id="a3567_33_14" style="position:absolute;font-family:'Arial';font-size:12px;left:183px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million and $</div><div id="a3567_47_3" style="position:absolute;font-family:'Arial';font-size:12px;left:252px;top:0px;">3.2</div><div id="a3567_50_76" style="position:absolute;font-family:'Arial';font-size:12px;left:269px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million for the<div style="display:inline-block;width:2px;white-space:pre"> </div>three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31, 2026<div style="display:inline-block;width:2px;white-space:pre"> </div>and 2025, respectively.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a3587" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:23px;">(2)</div><div id="a3590" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:23px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>The balance primarily relates to<div style="display:inline-block;width:5px;white-space:pre"> </div>foreign exchange gains and losses<div style="display:inline-block;width:5px;white-space:pre"> </div>recognized in the translation of<div style="display:inline-block;width:5px;white-space:pre"> </div>short-term inter-entity </div><div id="a3596" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:37px;">balances<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>within<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>group<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>denominated<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>currencies<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>than<div style="display:inline-block;width:6px;white-space:pre"> </div>their<div style="display:inline-block;width:6px;white-space:pre"> </div>respective<div style="display:inline-block;width:6px;white-space:pre"> </div>functional </div><div id="a3597" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:51px;">currencies.<div style="display:inline-block;width:5px;white-space:pre"> </div>These gains<div style="display:inline-block;width:6px;white-space:pre"> </div>and losses<div style="display:inline-block;width:6px;white-space:pre"> </div>are included<div style="display:inline-block;width:6px;white-space:pre"> </div>in “Other,<div style="display:inline-block;width:6px;white-space:pre"> </div>net”<div style="display:inline-block;width:5px;white-space:pre"> </div>on<div style="display:inline-block;width:5px;white-space:pre"> </div>the unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:5px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Statement of </div><div id="a3599" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:65px;">Operations and Comprehensive Income.<div style="display:inline-block;width:3px;white-space:pre"> </div></div></div></div></div></div><div id="TextBlockContainer62" style="position:relative;line-height:normal;width:670px;height:93px;"><div id="div_59_XBRL_TS_80b86dacdaa94cfab8ef8fa24818e0e9_1" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer60" style="position:relative;line-height:normal;width:666px;height:16px;"><div style="position:absolute; width:105.3px; height:1px; left:3px; top:-40px; background-color:#0563C1; "> </div>
<div id="TextContainer60" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a3615" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:0px;">(3)</div><div id="a3618" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Relates to loss on disposal and care and maintenance costs of a non-core idled asset that was sold on January 14, 2025.</div></div></div></div><div id="TextContainer62" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a3635" style="position:absolute;font-family:'Arial';left:3px;top:46px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>reconciliations<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>capital<div style="display:inline-block;width:7px;white-space:pre"> </div>expenditures<div style="display:inline-block;width:7px;white-space:pre"> </div>per<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>segment<div style="display:inline-block;width:7px;white-space:pre"> </div>information<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>capital<div style="display:inline-block;width:7px;white-space:pre"> </div>expenditures </div><div id="a3639" style="position:absolute;font-family:'Arial';left:3px;top:61px;">disclosed<div style="display:inline-block;width:5px;white-space:pre"> </div>on<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>Statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>Cash<div style="display:inline-block;width:5px;white-space:pre"> </div>Flows<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>three<div style="display:inline-block;width:5px;white-space:pre"> </div>months<div style="display:inline-block;width:5px;white-space:pre"> </div>ended </div><div id="a3653" style="position:absolute;font-family:'Arial';left:3px;top:77px;">March 31, 2026 and 2025 are as follows:</div></div></div><div id="TextBlockContainer68" style="position:relative;line-height:normal;width:664px;height:136px;"><div id="div_65_XBRL_TS_7b72e57a133a4372bc99729bdab8adf5" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer66" style="position:relative;line-height:normal;width:664px;height:136px;"><div style="position:absolute; width:456.1px; height:1px; left:0.8px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:463px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:475px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.3px; height:1px; left:475.7px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:564px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:576px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:576.7px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:463px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:475px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.3px; height:1px; left:475.7px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:564px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:576px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:576.7px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:462.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:474.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:81px; height:1px; left:476.9px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:563.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:575.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:81.1px; height:1px; left:577.9px; top:134.4px; background-color:#000000; "> </div>
<div id="TextContainer66" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a3664" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:489px;top:0px;">Three months ended March 31, </div><div id="a3666" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3670" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:505px;top:17px;">2026 </div><div id="a3674" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:606px;top:17px;">2025 </div><div id="a3676" style="position:absolute;font-family:'Arial';left:4px;top:34px;">Capital expenditures per unaudited Condensed Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Statements<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3678" style="position:absolute;font-family:'Arial';left:4px;top:49px;">of Cash Flows </div><div id="a3681" style="position:absolute;font-family:'Arial';left:466px;top:49px;">$ </div><div id="a3683" style="position:absolute;font-family:'Arial';left:511px;top:49px;">34,072</div><div id="a3686" style="position:absolute;font-family:'Arial';left:567px;top:49px;">$ </div><div id="a3688" style="position:absolute;font-family:'Arial';left:612px;top:49px;">72,058</div><div id="a3690" style="position:absolute;font-family:'Arial';left:4px;top:66px;">Net movement in accruals for capital expenditures </div><div id="a3694" style="position:absolute;font-family:'Arial';left:513px;top:66px;display:flex;">(7,442)</div><div id="a3698" style="position:absolute;font-family:'Arial';left:612px;top:66px;">19,538</div><div id="a3700" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Capital acquired through finance leases </div><div id="a3704" style="position:absolute;font-family:'Arial';left:538px;top:83px;">—</div><div id="a3708" style="position:absolute;font-family:'Arial';left:619px;top:83px;">9,725</div><div id="a3710" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Net movement in deposits to acquire long lead capital </div><div id="a3714" style="position:absolute;font-family:'Arial';left:513px;top:100px;display:flex;">(6,687)</div><div id="a3718" style="position:absolute;font-family:'Arial';left:612px;top:100px;">18,727</div><div id="a3720" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Capital expenditures per segment detail </div><div id="a3723" style="position:absolute;font-family:'Arial';left:466px;top:119px;">$ </div><div id="a3725" style="position:absolute;font-family:'Arial';left:511px;top:119px;">19,943</div><div id="a3728" style="position:absolute;font-family:'Arial';left:567px;top:119px;">$ </div><div id="a3730" style="position:absolute;font-family:'Arial';left:605px;top:119px;">120,048</div></div></div></div></div><div id="TextBlockContainer71" style="position:relative;line-height:normal;width:676px;height:76px;"><div id="TextContainer71" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a3733" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:0px;">Disaggregation of Revenue </div><div id="a3735" style="position:absolute;font-family:'Arial';left:5px;top:28px;">The Company disaggregates the revenue<div style="display:inline-block;width:5px;white-space:pre"> </div>from contracts with customers by<div style="display:inline-block;width:5px;white-space:pre"> </div>major product group for each of<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a3736" style="position:absolute;font-family:'Arial';left:5px;top:44px;">Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>reportable<div style="display:inline-block;width:7px;white-space:pre"> </div>segments,<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>believes<div style="display:inline-block;width:7px;white-space:pre"> </div>it<div style="display:inline-block;width:6px;white-space:pre"> </div>best<div style="display:inline-block;width:7px;white-space:pre"> </div>depicts<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>nature,<div style="display:inline-block;width:7px;white-space:pre"> </div>amount,<div style="display:inline-block;width:7px;white-space:pre"> </div>timing<div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a3741" style="position:absolute;font-family:'Arial';left:5px;top:59px;">uncertainty of revenues and cash flows.<div style="display:inline-block;width:8px;white-space:pre"> </div>All revenue is recognized at a point in time.</div></div></div><div id="TextBlockContainer77" style="position:relative;line-height:normal;width:664px;height:136px;"><div id="div_74_XBRL_TS_7207c2b172b641b8bebcd0df7dc79d7b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer75" style="position:relative;line-height:normal;width:664px;height:136px;"><div style="position:absolute; width:381.1px; height:1px; left:0.8px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:387px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:399px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:72px; height:1px; left:401.9px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:479px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:491px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:72px; height:1px; left:493.9px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:571.1px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:583.1px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.1px; height:1px; left:585.9px; top:134.1px; background-color:#000000; "> </div>
<div id="TextContainer75" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a3748" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:438px;top:0px;">Three months ended March 31, 2026 </div><div id="a3750" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3753" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:409px;top:17px;">Australia </div><div id="a3756" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:489px;top:17px;">United States </div><div id="a3759" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:17px;">Total </div><div id="a3761" style="position:absolute;font-family:'Arial';left:4px;top:32px;">Product Groups: </div><div id="a3772" style="position:absolute;font-family:'Arial';left:4px;top:49px;">Metallurgical coal </div><div id="a3775" style="position:absolute;font-family:'Arial';left:391px;top:49px;">$ </div><div id="a3777" style="position:absolute;font-family:'Arial';left:420px;top:49px;">209,992</div><div id="a3780" style="position:absolute;font-family:'Arial';left:483px;top:49px;">$ </div><div id="a3782" style="position:absolute;font-family:'Arial';left:512px;top:49px;">198,281</div><div id="a3785" style="position:absolute;font-family:'Arial';left:575px;top:49px;">$ </div><div id="a3787" style="position:absolute;font-family:'Arial';left:605px;top:49px;">408,273</div><div id="a3789" style="position:absolute;font-family:'Arial';left:4px;top:65px;">Thermal coal </div><div id="a3793" style="position:absolute;font-family:'Arial';left:427px;top:65px;">42,414</div><div id="a3797" style="position:absolute;font-family:'Arial';left:526px;top:65px;">9,804</div><div id="a3801" style="position:absolute;font-family:'Arial';left:612px;top:65px;">52,218</div><div id="a3803" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal revenue </div><div id="a3807" style="position:absolute;font-family:'Arial';left:420px;top:83px;">252,406</div><div id="a3811" style="position:absolute;font-family:'Arial';left:512px;top:83px;">208,085</div><div id="a3815" style="position:absolute;font-family:'Arial';left:605px;top:83px;">460,491</div><div id="a3817" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Other</div><div id="a3818" style="position:absolute;font-family:'Arial';font-size:8.64px;left:37px;top:100px;">(1)</div><div id="a3822" style="position:absolute;font-family:'Arial';left:434px;top:100px;">6,682</div><div id="a3826" style="position:absolute;font-family:'Arial';left:545px;top:100px;">19</div><div id="a3830" style="position:absolute;font-family:'Arial';left:619px;top:100px;">6,701</div><div id="a3832" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Total </div><div id="a3835" style="position:absolute;font-family:'Arial';left:391px;top:119px;">$ </div><div id="a3837" style="position:absolute;font-family:'Arial';left:420px;top:119px;">259,088</div><div id="a3840" style="position:absolute;font-family:'Arial';left:483px;top:119px;">$ </div><div id="a3842" style="position:absolute;font-family:'Arial';left:512px;top:119px;">208,104</div><div id="a3845" style="position:absolute;font-family:'Arial';left:575px;top:119px;">$ </div><div id="a3847" style="position:absolute;font-family:'Arial';left:605px;top:119px;">467,192</div></div></div></div></div><div id="TextBlockContainer83" style="position:relative;line-height:normal;width:670px;height:136px;"><div id="div_80_XBRL_TS_6dd451ec1c4e4f919fd0a48ad082c8e5" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer81" style="position:relative;line-height:normal;width:670px;height:136px;"><div style="position:absolute; width:382.2px; height:1px; left:3.8px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:391px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:403px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:405.9px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:483px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:495px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:497.9px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:575px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:587px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:589.9px; top:134px; background-color:#000000; "> </div>
<div id="TextContainer81" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a3853" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:441px;top:0px;">Three months ended March 31, 2025 </div><div id="a3857" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3860" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:412px;top:17px;">Australia </div><div id="a3863" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:17px;">United States </div><div id="a3866" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:606px;top:17px;">Total </div><div id="a3868" style="position:absolute;font-family:'Arial';left:4px;top:31px;">Product Groups: </div><div id="a3879" style="position:absolute;font-family:'Arial';left:4px;top:48px;">Metallurgical coal </div><div id="a3882" style="position:absolute;font-family:'Arial';left:394px;top:48px;">$ </div><div id="a3884" style="position:absolute;font-family:'Arial';left:426px;top:48px;">250,065</div><div id="a3887" style="position:absolute;font-family:'Arial';left:486px;top:48px;">$ </div><div id="a3889" style="position:absolute;font-family:'Arial';left:518px;top:48px;">171,437</div><div id="a3892" style="position:absolute;font-family:'Arial';left:578px;top:48px;">$ </div><div id="a3894" style="position:absolute;font-family:'Arial';left:610px;top:48px;">421,502</div><div id="a3896" style="position:absolute;font-family:'Arial';left:4px;top:65px;">Thermal coal </div><div id="a3900" style="position:absolute;font-family:'Arial';left:433px;top:65px;">15,959</div><div id="a3904" style="position:absolute;font-family:'Arial';left:533px;top:65px;">3,990</div><div id="a3908" style="position:absolute;font-family:'Arial';left:617px;top:65px;">19,949</div><div id="a3910" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal revenue </div><div id="a3914" style="position:absolute;font-family:'Arial';left:426px;top:83px;">266,024</div><div id="a3918" style="position:absolute;font-family:'Arial';left:518px;top:83px;">175,427</div><div id="a3922" style="position:absolute;font-family:'Arial';left:610px;top:83px;">441,451</div><div id="a3924" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Other</div><div id="a3925" style="position:absolute;font-family:'Arial';font-size:8.64px;left:37px;top:100px;">(1)</div><div id="a3929" style="position:absolute;font-family:'Arial';left:441px;top:100px;">7,253</div><div id="a3933" style="position:absolute;font-family:'Arial';left:544px;top:100px;">544</div><div id="a3937" style="position:absolute;font-family:'Arial';left:625px;top:100px;">7,797</div><div id="a3939" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Total </div><div id="a3942" style="position:absolute;font-family:'Arial';left:394px;top:119px;">$ </div><div id="a3944" style="position:absolute;font-family:'Arial';left:426px;top:119px;">273,277</div><div id="a3947" style="position:absolute;font-family:'Arial';left:486px;top:119px;">$ </div><div id="a3949" style="position:absolute;font-family:'Arial';left:518px;top:119px;">175,971</div><div id="a3952" style="position:absolute;font-family:'Arial';left:578px;top:119px;">$ </div><div id="a3954" style="position:absolute;font-family:'Arial';left:610px;top:119px;">449,248</div></div></div></div></div><div id="TextBlockContainer87" style="position:relative;line-height:normal;width:658px;height:13px;"><div id="TextContainer87" style="position:relative;width:658px;z-index:1;font-size:13.28px;"><div id="a3957" style="position:absolute;font-family:'Arial';font-size:10.72px;left:4px;top:0px;">(1) Other revenue for the Australian segment includes<div style="display:inline-block;width:2px;white-space:pre"> </div>the amortization of the Stanwell non-market coal<div style="display:inline-block;width:2px;white-space:pre"> </div>supply contract obligation liability.</div></div></div>
1
1
1
2
2
<div id="TextBlockContainer35" style="position:relative;line-height:normal;width:667px;height:435px;"><div id="div_32_XBRL_TS_6ab49188f12c468ba4127f5714a52a7b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer33" style="position:relative;line-height:normal;width:667px;height:435px;"><div style="position:absolute; width:259.3px; height:1px; left:1.3px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:279.9px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:291.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:292.4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:118px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:156.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1.9px; left:291.8px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:376.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:388px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:389.9px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:472.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:484px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.5px; height:1.9px; left:485.9px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:568.3px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:580.2px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:582.1px; top:175.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:327.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1px; left:291.8px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:376.1px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:388px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:388.6px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:472.1px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.8px; height:1px; left:484.6px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1px; left:568.3px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:580.2px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.6px; height:1px; left:580.8px; top:362.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.4px; height:1.9px; left:291.8px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:376.1px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:388px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:389.9px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:472.1px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:484px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.5px; height:1.9px; left:485.9px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:11.8px; height:1.9px; left:568.3px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1.9px; height:1.9px; left:580.2px; top:381.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.3px; height:1.9px; left:582.1px; top:381.1px; background-color:#000000; "> </div>
<div id="TextContainer33" style="position:relative;width:667px;z-index:1;font-size:13.28px;"><div id="a2969" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a2973" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:308px;top:12px;">Australia </div><div id="a2977" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:393px;top:12px;">United States </div><div id="a2981" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:498px;top:0px;">Other and </div><div id="a2982" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:498px;top:12px;">Corporate </div><div id="a2986" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:607px;top:12px;">Total </div><div id="a2988" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:27px;">Three months ended March 31, 2026 </div><div id="a3004" style="position:absolute;font-family:'Arial';left:22px;top:44px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>revenues </div><div id="a3007" style="position:absolute;font-family:'Arial';left:283px;top:44px;">$ </div><div id="a3009" style="position:absolute;font-family:'Arial';left:315px;top:44px;">259,088</div><div id="a3012" style="position:absolute;font-family:'Arial';left:379px;top:44px;">$ </div><div id="a3014" style="position:absolute;font-family:'Arial';left:411px;top:44px;">208,104</div><div id="a3017" style="position:absolute;font-family:'Arial';left:475px;top:44px;">$ </div><div id="a3019" style="position:absolute;font-family:'Arial';left:542px;top:44px;">—</div><div id="a3022" style="position:absolute;font-family:'Arial';left:571px;top:44px;">$ </div><div id="a3024" style="position:absolute;font-family:'Arial';left:604px;top:44px;">467,192</div><div id="a3026" style="position:absolute;font-family:'Arial';left:22px;top:62px;">Less:<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3040" style="position:absolute;font-family:'Arial';left:22px;top:82px;">Mining cash costs </div><div id="a3041" style="position:absolute;font-family:'Arial';font-size:8.64px;left:132px;top:83px;">(1)</div><div id="a3045" style="position:absolute;font-family:'Arial';left:310px;top:82px;display:flex;">(253,890)</div><div id="a3049" style="position:absolute;font-family:'Arial';left:406px;top:82px;display:flex;">(146,857)</div><div id="a3053" style="position:absolute;font-family:'Arial';left:542px;top:82px;">—</div><div id="a3057" style="position:absolute;font-family:'Arial';left:599px;top:82px;display:flex;">(400,747)</div><div id="a3059" style="position:absolute;font-family:'Arial';left:22px;top:103px;">Other operating costs </div><div id="a3060" style="position:absolute;font-family:'Arial';font-size:8.64px;left:153px;top:103px;">(1) </div><div id="a3064" style="position:absolute;font-family:'Arial';left:310px;top:103px;display:flex;">(101,076)</div><div id="a3068" style="position:absolute;font-family:'Arial';left:414px;top:103px;display:flex;">(58,150)</div><div id="a3072" style="position:absolute;font-family:'Arial';left:542px;top:103px;">—</div><div id="a3076" style="position:absolute;font-family:'Arial';left:599px;top:103px;display:flex;">(159,226)</div><div id="a3078" style="position:absolute;font-family:'Arial';left:22px;top:121px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>operating costs </div><div id="a3082" style="position:absolute;font-family:'Arial';left:310px;top:121px;display:flex;">(354,966)</div><div id="a3086" style="position:absolute;font-family:'Arial';left:406px;top:121px;display:flex;">(205,007)</div><div id="a3090" style="position:absolute;font-family:'Arial';left:542px;top:121px;">—</div><div id="a3094" style="position:absolute;font-family:'Arial';left:599px;top:121px;display:flex;">(559,973)</div><div id="a3096" style="position:absolute;font-family:'Arial';left:22px;top:142px;">Other and unallocated costs </div><div id="a3097" style="position:absolute;font-family:'Arial';font-size:8.64px;left:192px;top:142px;">(2)</div><div id="a3098" style="position:absolute;font-family:'Arial';left:202px;top:142px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3102" style="position:absolute;font-family:'Arial';left:330px;top:142px;">9,305</div><div id="a3106" style="position:absolute;font-family:'Arial';left:421px;top:142px;display:flex;">(1,260)</div><div id="a3110" style="position:absolute;font-family:'Arial';left:517px;top:142px;display:flex;">(4,614)</div><div id="a3114" style="position:absolute;font-family:'Arial';left:618px;top:142px;">3,431</div><div id="a3116" style="position:absolute;font-family:'Arial';left:22px;top:160px;">Segment adjusted EBITDA </div><div id="a3120" style="position:absolute;font-family:'Arial';left:318px;top:160px;display:flex;">(86,573)</div><div id="a3124" style="position:absolute;font-family:'Arial';left:426px;top:160px;">1,837</div><div id="a3128" style="position:absolute;font-family:'Arial';left:517px;top:160px;display:flex;">(4,614)</div><div id="a3132" style="position:absolute;font-family:'Arial';left:606px;top:160px;display:flex;">(89,350)</div><div id="a3147" style="position:absolute;font-family:'Arial';left:22px;top:195px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>assets </div><div id="a3151" style="position:absolute;font-family:'Arial';left:304px;top:195px;">1,310,835</div><div id="a3155" style="position:absolute;font-family:'Arial';left:411px;top:195px;">924,809</div><div id="a3159" style="position:absolute;font-family:'Arial';left:515px;top:195px;">94,530</div><div id="a3163" style="position:absolute;font-family:'Arial';left:592px;top:195px;">2,330,174</div><div id="a3165" style="position:absolute;font-family:'Arial';left:22px;top:212px;">Capital expenditures </div><div id="a3169" style="position:absolute;font-family:'Arial';left:323px;top:212px;">10,922</div><div id="a3173" style="position:absolute;font-family:'Arial';left:426px;top:212px;">9,021</div><div id="a3177" style="position:absolute;font-family:'Arial';left:542px;top:212px;">—</div><div id="a3181" style="position:absolute;font-family:'Arial';left:611px;top:212px;">19,943</div><div id="a3196" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:245px;">Three months ended March 31, 2025 </div><div id="a3212" style="position:absolute;font-family:'Arial';left:22px;top:262px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>revenues </div><div id="a3215" style="position:absolute;font-family:'Arial';left:283px;top:262px;">$ </div><div id="a3217" style="position:absolute;font-family:'Arial';left:315px;top:262px;">273,277</div><div id="a3220" style="position:absolute;font-family:'Arial';left:379px;top:262px;">$ </div><div id="a3222" style="position:absolute;font-family:'Arial';left:411px;top:262px;">175,971</div><div id="a3225" style="position:absolute;font-family:'Arial';left:475px;top:262px;">$ </div><div id="a3227" style="position:absolute;font-family:'Arial';left:542px;top:262px;">—</div><div id="a3230" style="position:absolute;font-family:'Arial';left:571px;top:262px;">$ </div><div id="a3232" style="position:absolute;font-family:'Arial';left:604px;top:262px;">449,248</div><div id="a3234" style="position:absolute;font-family:'Arial';left:22px;top:279px;">Less:<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3248" style="position:absolute;font-family:'Arial';left:22px;top:296px;">Mining cash costs </div><div id="a3249" style="position:absolute;font-family:'Arial';font-size:8.64px;left:132px;top:296px;">(1)</div><div id="a3253" style="position:absolute;font-family:'Arial';left:310px;top:296px;display:flex;">(198,204)</div><div id="a3257" style="position:absolute;font-family:'Arial';left:406px;top:296px;display:flex;">(158,492)</div><div id="a3261" style="position:absolute;font-family:'Arial';left:542px;top:296px;">—</div><div id="a3265" style="position:absolute;font-family:'Arial';left:599px;top:296px;display:flex;">(356,696)</div><div id="a3267" style="position:absolute;font-family:'Arial';left:22px;top:313px;">Other operating costs </div><div id="a3268" style="position:absolute;font-family:'Arial';font-size:8.64px;left:153px;top:313px;">(1) </div><div id="a3272" style="position:absolute;font-family:'Arial';left:310px;top:313px;display:flex;">(140,163)</div><div id="a3276" style="position:absolute;font-family:'Arial';left:414px;top:313px;display:flex;">(16,826)</div><div id="a3280" style="position:absolute;font-family:'Arial';left:542px;top:313px;">—</div><div id="a3284" style="position:absolute;font-family:'Arial';left:599px;top:313px;display:flex;">(156,989)</div><div id="a3286" style="position:absolute;font-family:'Arial';left:22px;top:330px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>operating costs </div><div id="a3290" style="position:absolute;font-family:'Arial';left:310px;top:330px;display:flex;">(338,367)</div><div id="a3294" style="position:absolute;font-family:'Arial';left:406px;top:330px;display:flex;">(175,318)</div><div id="a3298" style="position:absolute;font-family:'Arial';left:542px;top:330px;">—</div><div id="a3302" style="position:absolute;font-family:'Arial';left:599px;top:330px;display:flex;">(513,685)</div><div id="a3304" style="position:absolute;font-family:'Arial';left:22px;top:347px;">Other and unallocated costs </div><div id="a3305" style="position:absolute;font-family:'Arial';font-size:8.64px;left:192px;top:348px;">(2)</div><div id="a3306" style="position:absolute;font-family:'Arial';left:202px;top:347px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3310" style="position:absolute;font-family:'Arial';left:341px;top:347px;">246</div><div id="a3314" style="position:absolute;font-family:'Arial';left:432px;top:347px;display:flex;">(275)</div><div id="a3318" style="position:absolute;font-family:'Arial';left:517px;top:347px;display:flex;">(8,350)</div><div id="a3322" style="position:absolute;font-family:'Arial';left:614px;top:347px;display:flex;">(8,379)</div><div id="a3324" style="position:absolute;font-family:'Arial';left:22px;top:366px;">Segment adjusted EBITDA </div><div id="a3328" style="position:absolute;font-family:'Arial';left:318px;top:366px;display:flex;">(64,844)</div><div id="a3332" style="position:absolute;font-family:'Arial';left:437px;top:366px;">378</div><div id="a3336" style="position:absolute;font-family:'Arial';left:517px;top:366px;display:flex;">(8,350)</div><div id="a3340" style="position:absolute;font-family:'Arial';left:606px;top:366px;display:flex;">(72,816)</div><div id="a3355" style="position:absolute;font-family:'Arial';left:22px;top:401px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>assets </div><div id="a3359" style="position:absolute;font-family:'Arial';left:304px;top:401px;">1,185,488</div><div id="a3363" style="position:absolute;font-family:'Arial';left:400px;top:401px;">1,068,579</div><div id="a3367" style="position:absolute;font-family:'Arial';left:507px;top:401px;">154,742</div><div id="a3371" style="position:absolute;font-family:'Arial';left:592px;top:401px;">2,408,809</div><div id="a3373" style="position:absolute;font-family:'Arial';left:22px;top:418px;">Capital expenditures </div><div id="a3377" style="position:absolute;font-family:'Arial';left:323px;top:418px;">49,736</div><div id="a3381" style="position:absolute;font-family:'Arial';left:419px;top:418px;">67,947</div><div id="a3385" style="position:absolute;font-family:'Arial';left:522px;top:418px;">2,365</div><div id="a3389" style="position:absolute;font-family:'Arial';left:604px;top:418px;">120,048</div></div></div></div></div><div id="TextBlockContainer41" style="position:relative;line-height:normal;width:677px;height:53px;"><div id="div_38_XBRL_TS_401e3b3885eb4a138327ec57ab5bf199" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer39" style="position:relative;line-height:normal;width:677px;height:53px;"><div id="TextContainer39" style="position:relative;width:677px;z-index:1;font-size:13.28px;"><div id="a3407" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:5px;">The significant expense category and<div style="display:inline-block;width:4px;white-space:pre"> </div>amount aligns with the segment-level<div style="display:inline-block;width:4px;white-space:pre"> </div>information that is regularly provided<div style="display:inline-block;width:4px;white-space:pre"> </div>to the CODM and excludes<div style="display:inline-block;width:4px;white-space:pre"> </div>Depreciation, </div><div id="a3412" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:23px;">Depletion and Amortization. </div><div id="a3414" style="position:absolute;font-family:'Arial';font-size:9.28px;left:5px;top:41px;">(2)</div><div id="a3416" style="position:absolute;font-family:'Arial';font-size:9.28px;left:24px;top:41px;">Other and unallocated items for other and corporate includes<div style="display:inline-block;width:4px;white-space:pre"> </div>selling, general and administrative expenses.</div></div></div></div></div>
259088000
208104000
0
467192000
253890000
146857000
0
400747000
101076000
58150000
0
159226000
354966000
205007000
0
559973000
9305000
-1260000
-4614000
3431000
-86573000
1837000
-4614000
-89350000
1310835000
924809000
94530000
2330174000
10922000
9021000
0
19943000
273277000
175971000
0
449248000
198204000
158492000
0
356696000
140163000
16826000
0
156989000
338367000
175318000
0
513685000
246000
-275000
-8350000
-8379000
-64844000
378000
-8350000
-72816000
1185488000
1068579000
154742000
2408809000
49736000
67947000
2365000
120048000
<div id="TextBlockContainer50" style="position:relative;line-height:normal;width:671px;height:241px;"><div id="div_47_XBRL_TS_3085fbec77744a209493a74bb27efb3a" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer48" style="position:relative;line-height:normal;width:671px;height:241px;"><div style="position:absolute; width:462.2px; height:1px; left:4px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:92px; height:1px; left:472.1px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:564.1px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:564.8px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:570.2px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:91.4px; height:1px; left:570.9px; top:42.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:185.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:220.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:471.1px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:486px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:569.3px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.3px; top:239.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:584.1px; top:239.2px; background-color:#000000; "> </div>
<div id="TextContainer48" style="position:relative;width:671px;z-index:1;font-size:13.28px;"><div id="a3439" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:515px;top:0px;">Three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a3443" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:543px;top:15px;">March 31, </div><div id="a3447" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:30px;">(in US$ thousands) </div><div id="a3450" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:30px;">2026 </div><div id="a3453" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:604px;top:30px;">2025 </div><div id="a3458" style="position:absolute;font-family:'Arial';left:7px;top:60px;">Consolidated Adjusted EBITDA </div><div id="a3461" style="position:absolute;font-family:'Arial';left:475px;top:60px;">$ </div><div id="a3463" style="position:absolute;font-family:'Arial';left:512px;top:60px;display:flex;">(89,350)</div><div id="a3466" style="position:absolute;font-family:'Arial';left:573px;top:60px;">$ </div><div id="a3468" style="position:absolute;font-family:'Arial';left:610px;top:60px;display:flex;">(72,816)</div><div id="a3470" style="position:absolute;font-family:'Arial';left:7px;top:77px;">Depreciation, depletion and amortization </div><div id="a3474" style="position:absolute;font-family:'Arial';left:512px;top:77px;display:flex;">(43,337)</div><div id="a3478" style="position:absolute;font-family:'Arial';left:610px;top:77px;display:flex;">(40,521)</div><div id="a3480" style="position:absolute;font-family:'Arial';left:7px;top:98px;">Interest expense, net </div><div id="a3481" style="position:absolute;font-family:'Arial';font-size:8.64px;left:135px;top:98px;">(1)</div><div id="a3485" style="position:absolute;font-family:'Arial';left:512px;top:98px;display:flex;">(33,752)</div><div id="a3489" style="position:absolute;font-family:'Arial';left:610px;top:98px;display:flex;">(17,898)</div><div id="a3491" style="position:absolute;font-family:'Arial';left:7px;top:119px;">Other foreign exchange losses </div><div id="a3492" style="position:absolute;font-family:'Arial';font-size:8.64px;left:191px;top:119px;">(2)</div><div id="a3496" style="position:absolute;font-family:'Arial';left:519px;top:119px;display:flex;">(4,055)</div><div id="a3500" style="position:absolute;font-family:'Arial';left:628px;top:119px;display:flex;">(332)</div><div id="a3502" style="position:absolute;font-family:'Arial';left:7px;top:136px;">Impairment of assets </div><div id="a3506" style="position:absolute;font-family:'Arial';left:504px;top:136px;display:flex;">(159,755)</div><div id="a3510" style="position:absolute;font-family:'Arial';left:642px;top:136px;">—</div><div id="a3512" style="position:absolute;font-family:'Arial';left:7px;top:153px;">Losses on idled assets </div><div id="a3513" style="position:absolute;font-family:'Arial';font-size:8.64px;left:145px;top:153px;">(3)</div><div id="a3517" style="position:absolute;font-family:'Arial';left:544px;top:153px;">—</div><div id="a3521" style="position:absolute;font-family:'Arial';left:617px;top:153px;display:flex;">(1,835)</div><div id="a3523" style="position:absolute;font-family:'Arial';left:7px;top:171px;">Decrease (increase) in provision for credit losses </div><div id="a3527" style="position:absolute;font-family:'Arial';left:535px;top:171px;">127</div><div id="a3531" style="position:absolute;font-family:'Arial';left:628px;top:171px;display:flex;">(630)</div><div id="a3533" style="position:absolute;font-family:'Arial';left:7px;top:188px;">Net loss before tax </div><div id="a3537" style="position:absolute;font-family:'Arial';left:504px;top:188px;display:flex;">(330,122)</div><div id="a3541" style="position:absolute;font-family:'Arial';left:603px;top:188px;display:flex;">(134,032)</div><div id="a3543" style="position:absolute;font-family:'Arial';left:7px;top:205px;">Income tax benefit </div><div id="a3547" style="position:absolute;font-family:'Arial';left:517px;top:205px;">11,532</div><div id="a3551" style="position:absolute;font-family:'Arial';left:615px;top:205px;">37,834</div><div id="a3553" style="position:absolute;font-family:'Arial';left:7px;top:224px;">Net loss </div><div id="a3556" style="position:absolute;font-family:'Arial';left:475px;top:224px;">$ </div><div id="a3558" style="position:absolute;font-family:'Arial';left:504px;top:224px;display:flex;">(318,590)</div><div id="a3561" style="position:absolute;font-family:'Arial';left:573px;top:224px;">$ </div><div id="a3563" style="position:absolute;font-family:'Arial';left:610px;top:224px;display:flex;">(96,198)</div></div></div></div></div><div id="TextBlockContainer54" style="position:relative;line-height:normal;width:673px;height:88px;"><div id="TextContainer54" style="position:relative;width:673px;z-index:1;font-size:13.28px;"><div id="a3566" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:0px;">(1)</div><div id="a3567" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Includes interest income<div style="display:inline-block;width:2px;white-space:pre"> </div>of $</div><div id="a3567_30_3" style="position:absolute;font-family:'Arial';font-size:12px;left:166px;top:0px;">2.1</div><div id="a3567_33_14" style="position:absolute;font-family:'Arial';font-size:12px;left:183px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million and $</div><div id="a3567_47_3" style="position:absolute;font-family:'Arial';font-size:12px;left:252px;top:0px;">3.2</div><div id="a3567_50_76" style="position:absolute;font-family:'Arial';font-size:12px;left:269px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million for the<div style="display:inline-block;width:2px;white-space:pre"> </div>three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31, 2026<div style="display:inline-block;width:2px;white-space:pre"> </div>and 2025, respectively.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a3587" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:23px;">(2)</div><div id="a3590" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:23px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>The balance primarily relates to<div style="display:inline-block;width:5px;white-space:pre"> </div>foreign exchange gains and losses<div style="display:inline-block;width:5px;white-space:pre"> </div>recognized in the translation of<div style="display:inline-block;width:5px;white-space:pre"> </div>short-term inter-entity </div><div id="a3596" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:37px;">balances<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>entities<div style="display:inline-block;width:6px;white-space:pre"> </div>within<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>group<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>denominated<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>currencies<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>than<div style="display:inline-block;width:6px;white-space:pre"> </div>their<div style="display:inline-block;width:6px;white-space:pre"> </div>respective<div style="display:inline-block;width:6px;white-space:pre"> </div>functional </div><div id="a3597" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:51px;">currencies.<div style="display:inline-block;width:5px;white-space:pre"> </div>These gains<div style="display:inline-block;width:6px;white-space:pre"> </div>and losses<div style="display:inline-block;width:6px;white-space:pre"> </div>are included<div style="display:inline-block;width:6px;white-space:pre"> </div>in “Other,<div style="display:inline-block;width:6px;white-space:pre"> </div>net”<div style="display:inline-block;width:5px;white-space:pre"> </div>on<div style="display:inline-block;width:5px;white-space:pre"> </div>the unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:5px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Statement of </div><div id="a3599" style="position:absolute;font-family:'Arial';font-size:12px;left:3px;top:65px;">Operations and Comprehensive Income.<div style="display:inline-block;width:3px;white-space:pre"> </div></div></div></div><div id="TextBlockContainer60" style="position:relative;line-height:normal;width:666px;height:16px;"><div style="position:absolute; width:105.3px; height:1px; left:3px; top:-40px; background-color:#0563C1; "> </div>
<div id="TextContainer60" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a3615" style="position:absolute;font-family:'Arial';font-size:8px;left:3px;top:0px;">(3)</div><div id="a3618" style="position:absolute;font-family:'Arial';font-size:12px;left:13px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Relates to loss on disposal and care and maintenance costs of a non-core idled asset that was sold on January 14, 2025.</div></div></div>
-89350000
-72816000
43337000
40521000
-33752000
-17898000
4055000
332000
159755000
0
0
1835000
-127000
630000
-330122000
-134032000
-11532000
-37834000
-318590000
-96198000
2100000
3200000
<div id="TextBlockContainer66" style="position:relative;line-height:normal;width:664px;height:136px;"><div style="position:absolute; width:456.1px; height:1px; left:0.8px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:463px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:475px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.3px; height:1px; left:475.7px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:564px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:576px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:576.7px; top:29.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:463px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:475px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.3px; height:1px; left:475.7px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:564px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:576px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:576.7px; top:115.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:462.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:474.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:81px; height:1px; left:476.9px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:563.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:575.1px; top:134.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:81.1px; height:1px; left:577.9px; top:134.4px; background-color:#000000; "> </div>
<div id="TextContainer66" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a3664" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:489px;top:0px;">Three months ended March 31, </div><div id="a3666" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3670" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:505px;top:17px;">2026 </div><div id="a3674" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:606px;top:17px;">2025 </div><div id="a3676" style="position:absolute;font-family:'Arial';left:4px;top:34px;">Capital expenditures per unaudited Condensed Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Statements<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a3678" style="position:absolute;font-family:'Arial';left:4px;top:49px;">of Cash Flows </div><div id="a3681" style="position:absolute;font-family:'Arial';left:466px;top:49px;">$ </div><div id="a3683" style="position:absolute;font-family:'Arial';left:511px;top:49px;">34,072</div><div id="a3686" style="position:absolute;font-family:'Arial';left:567px;top:49px;">$ </div><div id="a3688" style="position:absolute;font-family:'Arial';left:612px;top:49px;">72,058</div><div id="a3690" style="position:absolute;font-family:'Arial';left:4px;top:66px;">Net movement in accruals for capital expenditures </div><div id="a3694" style="position:absolute;font-family:'Arial';left:513px;top:66px;display:flex;">(7,442)</div><div id="a3698" style="position:absolute;font-family:'Arial';left:612px;top:66px;">19,538</div><div id="a3700" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Capital acquired through finance leases </div><div id="a3704" style="position:absolute;font-family:'Arial';left:538px;top:83px;">—</div><div id="a3708" style="position:absolute;font-family:'Arial';left:619px;top:83px;">9,725</div><div id="a3710" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Net movement in deposits to acquire long lead capital </div><div id="a3714" style="position:absolute;font-family:'Arial';left:513px;top:100px;display:flex;">(6,687)</div><div id="a3718" style="position:absolute;font-family:'Arial';left:612px;top:100px;">18,727</div><div id="a3720" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Capital expenditures per segment detail </div><div id="a3723" style="position:absolute;font-family:'Arial';left:466px;top:119px;">$ </div><div id="a3725" style="position:absolute;font-family:'Arial';left:511px;top:119px;">19,943</div><div id="a3728" style="position:absolute;font-family:'Arial';left:567px;top:119px;">$ </div><div id="a3730" style="position:absolute;font-family:'Arial';left:605px;top:119px;">120,048</div></div></div>
34072000
72058000
-7442000
19538000
0
9725000
6687000
-18727000
19943000
120048000
<div id="TextBlockContainer75" style="position:relative;line-height:normal;width:664px;height:136px;"><div style="position:absolute; width:381.1px; height:1px; left:0.8px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:388px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:400px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:400.6px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:480px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:492px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:492.6px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:572px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:584px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:74.4px; height:1px; left:584.7px; top:115.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:387px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:399px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:72px; height:1px; left:401.9px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:479px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:491px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:72px; height:1px; left:493.9px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:571.1px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:583.1px; top:134.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.1px; height:1px; left:585.9px; top:134.1px; background-color:#000000; "> </div>
<div id="TextContainer75" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a3748" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:438px;top:0px;">Three months ended March 31, 2026 </div><div id="a3750" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3753" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:409px;top:17px;">Australia </div><div id="a3756" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:489px;top:17px;">United States </div><div id="a3759" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:17px;">Total </div><div id="a3761" style="position:absolute;font-family:'Arial';left:4px;top:32px;">Product Groups: </div><div id="a3772" style="position:absolute;font-family:'Arial';left:4px;top:49px;">Metallurgical coal </div><div id="a3775" style="position:absolute;font-family:'Arial';left:391px;top:49px;">$ </div><div id="a3777" style="position:absolute;font-family:'Arial';left:420px;top:49px;">209,992</div><div id="a3780" style="position:absolute;font-family:'Arial';left:483px;top:49px;">$ </div><div id="a3782" style="position:absolute;font-family:'Arial';left:512px;top:49px;">198,281</div><div id="a3785" style="position:absolute;font-family:'Arial';left:575px;top:49px;">$ </div><div id="a3787" style="position:absolute;font-family:'Arial';left:605px;top:49px;">408,273</div><div id="a3789" style="position:absolute;font-family:'Arial';left:4px;top:65px;">Thermal coal </div><div id="a3793" style="position:absolute;font-family:'Arial';left:427px;top:65px;">42,414</div><div id="a3797" style="position:absolute;font-family:'Arial';left:526px;top:65px;">9,804</div><div id="a3801" style="position:absolute;font-family:'Arial';left:612px;top:65px;">52,218</div><div id="a3803" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal revenue </div><div id="a3807" style="position:absolute;font-family:'Arial';left:420px;top:83px;">252,406</div><div id="a3811" style="position:absolute;font-family:'Arial';left:512px;top:83px;">208,085</div><div id="a3815" style="position:absolute;font-family:'Arial';left:605px;top:83px;">460,491</div><div id="a3817" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Other</div><div id="a3818" style="position:absolute;font-family:'Arial';font-size:8.64px;left:37px;top:100px;">(1)</div><div id="a3822" style="position:absolute;font-family:'Arial';left:434px;top:100px;">6,682</div><div id="a3826" style="position:absolute;font-family:'Arial';left:545px;top:100px;">19</div><div id="a3830" style="position:absolute;font-family:'Arial';left:619px;top:100px;">6,701</div><div id="a3832" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Total </div><div id="a3835" style="position:absolute;font-family:'Arial';left:391px;top:119px;">$ </div><div id="a3837" style="position:absolute;font-family:'Arial';left:420px;top:119px;">259,088</div><div id="a3840" style="position:absolute;font-family:'Arial';left:483px;top:119px;">$ </div><div id="a3842" style="position:absolute;font-family:'Arial';left:512px;top:119px;">208,104</div><div id="a3845" style="position:absolute;font-family:'Arial';left:575px;top:119px;">$ </div><div id="a3847" style="position:absolute;font-family:'Arial';left:605px;top:119px;">467,192</div></div></div><div id="TextBlockContainer81" style="position:relative;line-height:normal;width:670px;height:136px;"><div style="position:absolute; width:382.2px; height:1px; left:3.8px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:28.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:80.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:391.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:403.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:404.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:483.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:495.9px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.5px; height:1px; left:496.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:576px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:588px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.4px; height:1px; left:588.6px; top:115.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:391px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:403px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:405.9px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:483px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:495px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:497.9px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:575px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:587px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:72.2px; height:1px; left:589.9px; top:134px; background-color:#000000; "> </div>
<div id="TextContainer81" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a3853" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:441px;top:0px;">Three months ended March 31, 2025 </div><div id="a3857" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:17px;">(in US$ thousands) </div><div id="a3860" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:412px;top:17px;">Australia </div><div id="a3863" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:17px;">United States </div><div id="a3866" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:606px;top:17px;">Total </div><div id="a3868" style="position:absolute;font-family:'Arial';left:4px;top:31px;">Product Groups: </div><div id="a3879" style="position:absolute;font-family:'Arial';left:4px;top:48px;">Metallurgical coal </div><div id="a3882" style="position:absolute;font-family:'Arial';left:394px;top:48px;">$ </div><div id="a3884" style="position:absolute;font-family:'Arial';left:426px;top:48px;">250,065</div><div id="a3887" style="position:absolute;font-family:'Arial';left:486px;top:48px;">$ </div><div id="a3889" style="position:absolute;font-family:'Arial';left:518px;top:48px;">171,437</div><div id="a3892" style="position:absolute;font-family:'Arial';left:578px;top:48px;">$ </div><div id="a3894" style="position:absolute;font-family:'Arial';left:610px;top:48px;">421,502</div><div id="a3896" style="position:absolute;font-family:'Arial';left:4px;top:65px;">Thermal coal </div><div id="a3900" style="position:absolute;font-family:'Arial';left:433px;top:65px;">15,959</div><div id="a3904" style="position:absolute;font-family:'Arial';left:533px;top:65px;">3,990</div><div id="a3908" style="position:absolute;font-family:'Arial';left:617px;top:65px;">19,949</div><div id="a3910" style="position:absolute;font-family:'Arial';left:4px;top:83px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal revenue </div><div id="a3914" style="position:absolute;font-family:'Arial';left:426px;top:83px;">266,024</div><div id="a3918" style="position:absolute;font-family:'Arial';left:518px;top:83px;">175,427</div><div id="a3922" style="position:absolute;font-family:'Arial';left:610px;top:83px;">441,451</div><div id="a3924" style="position:absolute;font-family:'Arial';left:4px;top:100px;">Other</div><div id="a3925" style="position:absolute;font-family:'Arial';font-size:8.64px;left:37px;top:100px;">(1)</div><div id="a3929" style="position:absolute;font-family:'Arial';left:441px;top:100px;">7,253</div><div id="a3933" style="position:absolute;font-family:'Arial';left:544px;top:100px;">544</div><div id="a3937" style="position:absolute;font-family:'Arial';left:625px;top:100px;">7,797</div><div id="a3939" style="position:absolute;font-family:'Arial';left:4px;top:119px;">Total </div><div id="a3942" style="position:absolute;font-family:'Arial';left:394px;top:119px;">$ </div><div id="a3944" style="position:absolute;font-family:'Arial';left:426px;top:119px;">273,277</div><div id="a3947" style="position:absolute;font-family:'Arial';left:486px;top:119px;">$ </div><div id="a3949" style="position:absolute;font-family:'Arial';left:518px;top:119px;">175,971</div><div id="a3952" style="position:absolute;font-family:'Arial';left:578px;top:119px;">$ </div><div id="a3954" style="position:absolute;font-family:'Arial';left:610px;top:119px;">449,248</div></div></div><div id="TextBlockContainer89" style="position:relative;line-height:normal;width:658px;height:13px;"><div id="div_86_XBRL_TS_5d9859323d014cb18259386e2b4c2b8b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer87" style="position:relative;line-height:normal;width:658px;height:13px;"><div id="TextContainer87" style="position:relative;width:658px;z-index:1;font-size:13.28px;"><div id="a3957" style="position:absolute;font-family:'Arial';font-size:10.72px;left:4px;top:0px;">(1) Other revenue for the Australian segment includes<div style="display:inline-block;width:2px;white-space:pre"> </div>the amortization of the Stanwell non-market coal<div style="display:inline-block;width:2px;white-space:pre"> </div>supply contract obligation liability.</div></div></div></div></div>
209992000
198281000
408273000
42414000
9804000
52218000
252406000
208085000
460491000
6682000
19000
6701000
259088000
208104000
467192000
250065000
171437000
421502000
15959000
3990000
19949000
266024000
175427000
441451000
7253000
544000
7797000
273277000
175971000
449248000
<div id="TextBlockContainer92" style="position:relative;line-height:normal;width:676px;height:186px;"><div id="TextContainer92" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a3998" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">4. Impairment of assets </div><div id="a4000" style="position:absolute;font-family:'Arial';left:5px;top:31px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>27,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>management<div style="display:inline-block;width:6px;white-space:pre"> </div>idled<div style="display:inline-block;width:6px;white-space:pre"> </div>operations<div style="display:inline-block;width:7px;white-space:pre"> </div>at<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Logan<div style="display:inline-block;width:6px;white-space:pre"> </div>mine<div style="display:inline-block;width:6px;white-space:pre"> </div>complex<div style="display:inline-block;width:7px;white-space:pre"> </div>within<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>U.S. </div><div id="a4003" style="position:absolute;font-family:'Arial';left:5px;top:47px;">Operations in response to sustained weakness<div style="display:inline-block;width:5px;white-space:pre"> </div>in the U.S. domestic Met coal<div style="display:inline-block;width:5px;white-space:pre"> </div>markets. The idling represented<div style="display:inline-block;width:5px;white-space:pre"> </div>a </div><div id="a4004" style="position:absolute;font-family:'Arial';left:5px;top:62px;">triggering<div style="display:inline-block;width:7px;white-space:pre"> </div>event<div style="display:inline-block;width:7px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>Accounting<div style="display:inline-block;width:7px;white-space:pre"> </div>Standards<div style="display:inline-block;width:7px;white-space:pre"> </div>Codification,<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>ASC,<div style="display:inline-block;width:7px;white-space:pre"> </div>360<div style="display:inline-block;width:7px;white-space:pre"> </div>– </div><div id="a4015" style="position:absolute;font-family:'Arial';font-style:italic;left:468px;top:62px;">Property,<div style="display:inline-block;width:8px;white-space:pre"> </div>Plant<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>Equipment</div><div id="a4016" style="position:absolute;font-family:'Arial';left:659px;top:62px;letter-spacing:0.15px;">, </div><div id="a4017" style="position:absolute;font-family:'Arial';left:5px;top:77px;">requiring the Company to assess<div style="display:inline-block;width:5px;white-space:pre"> </div>the recoverability of the relevant<div style="display:inline-block;width:5px;white-space:pre"> </div>asset groups. The Company determined<div style="display:inline-block;width:5px;white-space:pre"> </div>that </div><div id="a4018" style="position:absolute;font-family:'Arial';left:5px;top:93px;">the estimated undiscounted pre-tax future cash flows of the Logan asset group did not exceed its carrying value. </div><div id="a4023" style="position:absolute;font-family:'Arial';left:5px;top:108px;">Accordingly,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>measured the<div style="display:inline-block;width:6px;white-space:pre"> </div>fair value<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>asset group<div style="display:inline-block;width:6px;white-space:pre"> </div>and recorded<div style="display:inline-block;width:6px;white-space:pre"> </div>an impairment<div style="display:inline-block;width:6px;white-space:pre"> </div>charge<div style="display:inline-block;width:5px;white-space:pre"> </div>of </div><div id="a4025" style="position:absolute;font-family:'Arial';left:5px;top:123px;">$</div><div id="a4025_1_5" style="position:absolute;font-family:'Arial';left:12px;top:123px;">159.8</div><div id="a4025_6_110" style="position:absolute;font-family:'Arial';left:46px;top:123px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million against long-lived<div style="display:inline-block;width:2px;white-space:pre"> </div>assets, including property, plant and<div style="display:inline-block;width:2px;white-space:pre"> </div>equipment, to write<div style="display:inline-block;width:2px;white-space:pre"> </div>down the carrying<div style="display:inline-block;width:2px;white-space:pre"> </div>value </div><div id="a4033" style="position:absolute;font-family:'Arial';left:5px;top:139px;">of the asset group to its estimated<div style="display:inline-block;width:5px;white-space:pre"> </div>fair value. The impairment charge is<div style="display:inline-block;width:5px;white-space:pre"> </div>included in “Impairment of assets”<div style="display:inline-block;width:5px;white-space:pre"> </div>in the </div><div id="a4034" style="position:absolute;font-family:'Arial';left:5px;top:154px;">accompanying<div style="display:inline-block;width:5px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:5px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:5px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Statements of<div style="display:inline-block;width:6px;white-space:pre"> </div>Operations<div style="display:inline-block;width:5px;white-space:pre"> </div>and Comprehensive<div style="display:inline-block;width:6px;white-space:pre"> </div>Income<div style="display:inline-block;width:5px;white-space:pre"> </div>for </div><div id="a4035" style="position:absolute;font-family:'Arial';left:5px;top:169px;">the three months ended March 31, 2026.<div style="display:inline-block;width:5px;white-space:pre"> </div></div></div></div><div id="TextBlockContainer95" style="position:relative;line-height:normal;width:676px;height:78px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer95" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a4051" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The estimated fair value was determined using Level 3 inputs such as indicative offers, comparable transactions </div><div id="a4052" style="position:absolute;font-family:'Arial';left:5px;top:15px;">and estimates of future cashflows based on a combination of historical results adjusted to reflect the Company’s </div><div id="a4053" style="position:absolute;font-family:'Arial';left:5px;top:31px;">best estimate<div style="display:inline-block;width:5px;white-space:pre"> </div>of future<div style="display:inline-block;width:5px;white-space:pre"> </div>market and<div style="display:inline-block;width:5px;white-space:pre"> </div>operating conditions,<div style="display:inline-block;width:6px;white-space:pre"> </div>including the<div style="display:inline-block;width:5px;white-space:pre"> </div>mine’s life<div style="display:inline-block;width:6px;white-space:pre"> </div>of mine<div style="display:inline-block;width:5px;white-space:pre"> </div>plan. The<div style="display:inline-block;width:5px;white-space:pre"> </div>life of<div style="display:inline-block;width:5px;white-space:pre"> </div>mine </div><div id="a4057" style="position:absolute;font-family:'Arial';left:5px;top:46px;">plan includes assumptions<div style="display:inline-block;width:5px;white-space:pre"> </div>in relation to future<div style="display:inline-block;width:5px;white-space:pre"> </div>coal prices, projected<div style="display:inline-block;width:5px;white-space:pre"> </div>mine production volumes,<div style="display:inline-block;width:5px;white-space:pre"> </div>operating costs, </div><div id="a4062" style="position:absolute;font-family:'Arial';left:5px;top:61px;">capital costs and discount rate.</div></div></div>
159800000
<div id="TextBlockContainer98" style="position:relative;line-height:normal;width:110px;height:17px;"><div id="TextContainer98" style="position:relative;width:110px;z-index:1;font-size:13.28px;"><div id="a4065" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">5.<div style="display:inline-block;width:13px;white-space:pre"> </div>Inventories</div></div></div><div id="TextBlockContainer104" style="position:relative;line-height:normal;width:670px;height:116px;"><div id="div_101_XBRL_TS_074b6729648d4d238e347172e6eb8c25" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer102" style="position:relative;line-height:normal;width:670px;height:116px;"><div style="position:absolute; width:482.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:491.1px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:503.1px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:506px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:579.2px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:591.2px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:594.1px; top:113.8px; background-color:#000000; "> </div>
<div id="TextContainer102" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4069" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4072" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:508px;top:0px;">March 31, </div><div id="a4074" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:521px;top:12px;">2026 </div><div id="a4077" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a4079" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a4081" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Raw coal </div><div id="a4084" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4086" style="position:absolute;font-family:'Arial';left:529px;top:27px;">27,820</div><div id="a4089" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4091" style="position:absolute;font-family:'Arial';left:617px;top:27px;">35,006</div><div id="a4093" style="position:absolute;font-family:'Arial';left:4px;top:45px;">Saleable coal </div><div id="a4097" style="position:absolute;font-family:'Arial';left:529px;top:45px;">52,984</div><div id="a4101" style="position:absolute;font-family:'Arial';left:617px;top:45px;">80,174</div><div id="a4103" style="position:absolute;font-family:'Arial';left:31px;top:63px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal inventories </div><div id="a4107" style="position:absolute;font-family:'Arial';left:529px;top:63px;">80,804</div><div id="a4111" style="position:absolute;font-family:'Arial';left:610px;top:63px;">115,180</div><div id="a4113" style="position:absolute;font-family:'Arial';left:4px;top:80px;">Supplies and other inventory </div><div id="a4117" style="position:absolute;font-family:'Arial';left:529px;top:80px;">82,601</div><div id="a4121" style="position:absolute;font-family:'Arial';left:617px;top:80px;">79,985</div><div id="a4123" style="position:absolute;font-family:'Arial';left:31px;top:99px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>inventories </div><div id="a4126" style="position:absolute;font-family:'Arial';left:492px;top:99px;">$ </div><div id="a4128" style="position:absolute;font-family:'Arial';left:522px;top:99px;">163,405</div><div id="a4131" style="position:absolute;font-family:'Arial';left:580px;top:99px;">$ </div><div id="a4133" style="position:absolute;font-family:'Arial';left:610px;top:99px;">195,165</div></div></div></div></div><div id="TextBlockContainer107" style="position:relative;line-height:normal;width:676px;height:32px;"><div id="TextContainer107" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a4136" style="position:absolute;font-family:'Arial';left:5px;top:0px;">Coal inventories measured at<div style="display:inline-block;width:2px;white-space:pre"> </div>their net realizable value were<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a4136_62_4" style="position:absolute;font-family:'Arial';left:366px;top:0px;">37.4</div><div id="a4136_66_8" style="position:absolute;font-family:'Arial';left:392px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million</div><div id="a4146" style="position:absolute;font-family:'Arial';left:436px;top:0px;">and $</div><div id="a4146_5_4" style="position:absolute;font-family:'Arial';left:469px;top:0px;">41.2</div><div id="a4146_9_30" style="position:absolute;font-family:'Arial';left:495px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million as at March<div style="display:inline-block;width:2px;white-space:pre"> </div>31, 2026 </div><div id="a4152" style="position:absolute;font-family:'Arial';left:5px;top:15px;">and December 31, 2025, respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>and form part of total coal inventories.</div></div></div>
<div id="TextBlockContainer102" style="position:relative;line-height:normal;width:670px;height:116px;"><div style="position:absolute; width:482.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:59.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:95.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:491.1px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:503.1px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:506px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:579.2px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:591.2px; top:113.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:594.1px; top:113.8px; background-color:#000000; "> </div>
<div id="TextContainer102" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4069" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4072" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:508px;top:0px;">March 31, </div><div id="a4074" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:521px;top:12px;">2026 </div><div id="a4077" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a4079" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a4081" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Raw coal </div><div id="a4084" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4086" style="position:absolute;font-family:'Arial';left:529px;top:27px;">27,820</div><div id="a4089" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4091" style="position:absolute;font-family:'Arial';left:617px;top:27px;">35,006</div><div id="a4093" style="position:absolute;font-family:'Arial';left:4px;top:45px;">Saleable coal </div><div id="a4097" style="position:absolute;font-family:'Arial';left:529px;top:45px;">52,984</div><div id="a4101" style="position:absolute;font-family:'Arial';left:617px;top:45px;">80,174</div><div id="a4103" style="position:absolute;font-family:'Arial';left:31px;top:63px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>coal inventories </div><div id="a4107" style="position:absolute;font-family:'Arial';left:529px;top:63px;">80,804</div><div id="a4111" style="position:absolute;font-family:'Arial';left:610px;top:63px;">115,180</div><div id="a4113" style="position:absolute;font-family:'Arial';left:4px;top:80px;">Supplies and other inventory </div><div id="a4117" style="position:absolute;font-family:'Arial';left:529px;top:80px;">82,601</div><div id="a4121" style="position:absolute;font-family:'Arial';left:617px;top:80px;">79,985</div><div id="a4123" style="position:absolute;font-family:'Arial';left:31px;top:99px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>inventories </div><div id="a4126" style="position:absolute;font-family:'Arial';left:492px;top:99px;">$ </div><div id="a4128" style="position:absolute;font-family:'Arial';left:522px;top:99px;">163,405</div><div id="a4131" style="position:absolute;font-family:'Arial';left:580px;top:99px;">$ </div><div id="a4133" style="position:absolute;font-family:'Arial';left:610px;top:99px;">195,165</div></div></div>
27820000
35006000
52984000
80174000
80804000
115180000
82601000
79985000
163405000
195165000
37400000
41200000
<div id="TextBlockContainer110" style="position:relative;line-height:normal;width:112px;height:16px;"><div id="TextContainer110" style="position:relative;width:112px;z-index:1;font-size:13.28px;"><div id="a4158" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">6. Other Assets</div></div></div><div id="TextBlockContainer116" style="position:relative;line-height:normal;width:666px;height:167px;"><div id="div_113_XBRL_TS_1af9dfc7f0e74b0f88002f7b724f5d57" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer114" style="position:relative;line-height:normal;width:666px;height:167px;"><div style="position:absolute; width:482.2px; height:1px; left:1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13px; height:1px; left:489.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:502.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:502.7px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:578.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:591.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.3px; height:1px; left:591.9px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13px; height:1px; left:489.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:502.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:502.7px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:578.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:591.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.3px; height:1px; left:591.9px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.9px; height:1px; left:488.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:501.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:504px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:14.1px; height:1px; left:577.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:590.3px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68px; height:1px; left:593.1px; top:165.6px; background-color:#000000; "> </div>
<div id="TextContainer114" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a4161" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4164" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:0px;">March 31, </div><div id="a4166" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:12px;">2026 </div><div id="a4169" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:585px;top:0px;">December 31, </div><div id="a4171" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:608px;top:12px;">2025 </div><div id="a4173" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Other current assets </div><div id="a4181" style="position:absolute;font-family:'Arial';left:13px;top:44px;">Prepayments </div><div id="a4184" style="position:absolute;font-family:'Arial';left:492px;top:44px;">$ </div><div id="a4186" style="position:absolute;font-family:'Arial';left:525px;top:44px;">34,486</div><div id="a4189" style="position:absolute;font-family:'Arial';left:581px;top:44px;">$ </div><div id="a4191" style="position:absolute;font-family:'Arial';left:614px;top:44px;">43,797</div><div id="a4193" style="position:absolute;font-family:'Arial';left:13px;top:61px;">Long service leave receivable </div><div id="a4197" style="position:absolute;font-family:'Arial';left:532px;top:61px;">7,641</div><div id="a4201" style="position:absolute;font-family:'Arial';left:621px;top:61px;">7,560</div><div id="a4203" style="position:absolute;font-family:'Arial';left:13px;top:78px;">Deposits to acquire capital items </div><div id="a4207" style="position:absolute;font-family:'Arial';left:525px;top:78px;">17,468</div><div id="a4211" style="position:absolute;font-family:'Arial';left:614px;top:78px;">10,781</div><div id="a4213" style="position:absolute;font-family:'Arial';left:13px;top:99px;">Derivative assets (refer to Note 15. Derivatives and Fair<div style="display:inline-block;width:5px;white-space:pre"> </div>Value Measurement)<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a4217" style="position:absolute;font-family:'Arial';left:552px;top:99px;">—</div><div id="a4221" style="position:absolute;font-family:'Arial';left:621px;top:99px;">2,523</div><div id="a4223" style="position:absolute;font-family:'Arial';left:13px;top:116px;">Stanwell receivable </div><div id="a4227" style="position:absolute;font-family:'Arial';left:525px;top:116px;">11,762</div><div id="a4231" style="position:absolute;font-family:'Arial';left:642px;top:116px;">—</div><div id="a4233" style="position:absolute;font-family:'Arial';left:13px;top:133px;">Other </div><div id="a4237" style="position:absolute;font-family:'Arial';left:525px;top:133px;">16,776</div><div id="a4241" style="position:absolute;font-family:'Arial';left:614px;top:133px;">23,017</div><div id="a4243" style="position:absolute;font-family:'Arial';left:4px;top:150px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>other current assets </div><div id="a4246" style="position:absolute;font-family:'Arial';left:492px;top:150px;">$ </div><div id="a4248" style="position:absolute;font-family:'Arial';left:525px;top:150px;">88,133</div><div id="a4251" style="position:absolute;font-family:'Arial';left:581px;top:150px;">$ </div><div id="a4253" style="position:absolute;font-family:'Arial';left:614px;top:150px;">87,678</div></div></div></div></div>
<div id="TextBlockContainer114" style="position:relative;line-height:normal;width:666px;height:167px;"><div style="position:absolute; width:482.2px; height:1px; left:1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13px; height:1px; left:489.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:502.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:502.7px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:578.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:591.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.3px; height:1px; left:591.9px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13px; height:1px; left:489.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:502.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:502.7px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:578.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:591.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.3px; height:1px; left:591.9px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.9px; height:1px; left:488.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:501.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:504px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:14.1px; height:1px; left:577.1px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:590.3px; top:165.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68px; height:1px; left:593.1px; top:165.6px; background-color:#000000; "> </div>
<div id="TextContainer114" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a4161" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4164" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:0px;">March 31, </div><div id="a4166" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:12px;">2026 </div><div id="a4169" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:585px;top:0px;">December 31, </div><div id="a4171" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:608px;top:12px;">2025 </div><div id="a4173" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Other current assets </div><div id="a4181" style="position:absolute;font-family:'Arial';left:13px;top:44px;">Prepayments </div><div id="a4184" style="position:absolute;font-family:'Arial';left:492px;top:44px;">$ </div><div id="a4186" style="position:absolute;font-family:'Arial';left:525px;top:44px;">34,486</div><div id="a4189" style="position:absolute;font-family:'Arial';left:581px;top:44px;">$ </div><div id="a4191" style="position:absolute;font-family:'Arial';left:614px;top:44px;">43,797</div><div id="a4193" style="position:absolute;font-family:'Arial';left:13px;top:61px;">Long service leave receivable </div><div id="a4197" style="position:absolute;font-family:'Arial';left:532px;top:61px;">7,641</div><div id="a4201" style="position:absolute;font-family:'Arial';left:621px;top:61px;">7,560</div><div id="a4203" style="position:absolute;font-family:'Arial';left:13px;top:78px;">Deposits to acquire capital items </div><div id="a4207" style="position:absolute;font-family:'Arial';left:525px;top:78px;">17,468</div><div id="a4211" style="position:absolute;font-family:'Arial';left:614px;top:78px;">10,781</div><div id="a4213" style="position:absolute;font-family:'Arial';left:13px;top:99px;">Derivative assets (refer to Note 15. Derivatives and Fair<div style="display:inline-block;width:5px;white-space:pre"> </div>Value Measurement)<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a4217" style="position:absolute;font-family:'Arial';left:552px;top:99px;">—</div><div id="a4221" style="position:absolute;font-family:'Arial';left:621px;top:99px;">2,523</div><div id="a4223" style="position:absolute;font-family:'Arial';left:13px;top:116px;">Stanwell receivable </div><div id="a4227" style="position:absolute;font-family:'Arial';left:525px;top:116px;">11,762</div><div id="a4231" style="position:absolute;font-family:'Arial';left:642px;top:116px;">—</div><div id="a4233" style="position:absolute;font-family:'Arial';left:13px;top:133px;">Other </div><div id="a4237" style="position:absolute;font-family:'Arial';left:525px;top:133px;">16,776</div><div id="a4241" style="position:absolute;font-family:'Arial';left:614px;top:133px;">23,017</div><div id="a4243" style="position:absolute;font-family:'Arial';left:4px;top:150px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>other current assets </div><div id="a4246" style="position:absolute;font-family:'Arial';left:492px;top:150px;">$ </div><div id="a4248" style="position:absolute;font-family:'Arial';left:525px;top:150px;">88,133</div><div id="a4251" style="position:absolute;font-family:'Arial';left:581px;top:150px;">$ </div><div id="a4253" style="position:absolute;font-family:'Arial';left:614px;top:150px;">87,678</div></div></div>
34486000
43797000
7641000
7560000
17468000
10781000
0
2523000
11762000
0
16776000
23017000
88133000
87678000
<div id="TextBlockContainer119" style="position:relative;line-height:normal;width:234px;height:17px;"><div id="TextContainer119" style="position:relative;width:234px;z-index:1;font-size:13.28px;"><div id="a4256" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">7.<div style="display:inline-block;width:13px;white-space:pre"> </div>Property, Plant and<div style="display:inline-block;width:5px;white-space:pre"> </div>Equipment</div></div></div><div id="TextBlockContainer123" style="position:relative;line-height:normal;width:670px;height:216px;"><div style="position:absolute; width:482.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:491.1px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:503.1px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:506px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:579.2px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:591.2px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:594.1px; top:214.6px; background-color:#000000; "> </div>
<div id="TextContainer123" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4260" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4263" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:508px;top:0px;">March 31, </div><div id="a4265" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:521px;top:12px;">2026 </div><div id="a4268" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a4270" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a4272" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Land </div><div id="a4275" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4277" style="position:absolute;font-family:'Arial';left:529px;top:27px;">29,301</div><div id="a4280" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4282" style="position:absolute;font-family:'Arial';left:617px;top:27px;">29,008</div><div id="a4284" style="position:absolute;font-family:'Arial';left:4px;top:44px;">Buildings and improvements </div><div id="a4288" style="position:absolute;font-family:'Arial';left:522px;top:44px;">141,699</div><div id="a4292" style="position:absolute;font-family:'Arial';left:610px;top:44px;">138,771</div><div id="a4294" style="position:absolute;font-family:'Arial';left:4px;top:61px;">Plant, machinery, mining<div style="display:inline-block;width:5px;white-space:pre"> </div>equipment and transportation vehicles </div><div id="a4298" style="position:absolute;font-family:'Arial';left:511px;top:61px;">1,543,353</div><div id="a4302" style="position:absolute;font-family:'Arial';left:599px;top:61px;">1,516,095</div><div id="a4304" style="position:absolute;font-family:'Arial';left:4px;top:78px;">Mineral rights and reserves </div><div id="a4308" style="position:absolute;font-family:'Arial';left:522px;top:78px;">370,393</div><div id="a4312" style="position:absolute;font-family:'Arial';left:610px;top:78px;">370,393</div><div id="a4314" style="position:absolute;font-family:'Arial';left:4px;top:95px;">Office and computer equipment </div><div id="a4318" style="position:absolute;font-family:'Arial';left:529px;top:95px;">20,442</div><div id="a4322" style="position:absolute;font-family:'Arial';left:617px;top:95px;">20,063</div><div id="a4324" style="position:absolute;font-family:'Arial';left:4px;top:112px;">Mine development </div><div id="a4328" style="position:absolute;font-family:'Arial';left:522px;top:112px;">708,119</div><div id="a4332" style="position:absolute;font-family:'Arial';left:610px;top:112px;">694,779</div><div id="a4334" style="position:absolute;font-family:'Arial';left:4px;top:129px;">Asset retirement obligation asset </div><div id="a4338" style="position:absolute;font-family:'Arial';left:529px;top:129px;">80,502</div><div id="a4342" style="position:absolute;font-family:'Arial';left:617px;top:129px;">79,094</div><div id="a4344" style="position:absolute;font-family:'Arial';left:4px;top:146px;">Construction in process </div><div id="a4348" style="position:absolute;font-family:'Arial';left:522px;top:146px;">105,754</div><div id="a4352" style="position:absolute;font-family:'Arial';left:610px;top:146px;">103,011</div><div id="a4354" style="position:absolute;font-family:'Arial';left:4px;top:164px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>cost of property,<div style="display:inline-block;width:5px;white-space:pre"> </div>plant and equipment </div><div id="a4358" style="position:absolute;font-family:'Arial';left:511px;top:164px;">2,999,563</div><div id="a4362" style="position:absolute;font-family:'Arial';left:599px;top:164px;">2,951,214</div><div id="a4364" style="position:absolute;font-family:'Arial';left:4px;top:181px;">Less accumulated depreciation, depletion, amortization<div style="display:inline-block;width:5px;white-space:pre"> </div>and impairment </div><div id="a4368" style="position:absolute;font-family:'Arial';left:511px;top:181px;">1,508,186</div><div id="a4372" style="position:absolute;font-family:'Arial';left:599px;top:181px;">1,296,759</div><div id="a4374" style="position:absolute;font-family:'Arial';left:4px;top:199px;">Property, plant and<div style="display:inline-block;width:5px;white-space:pre"> </div>equipment, net </div><div id="a4377" style="position:absolute;font-family:'Arial';left:492px;top:199px;">$ </div><div id="a4379" style="position:absolute;font-family:'Arial';left:511px;top:199px;">1,491,377</div><div id="a4382" style="position:absolute;font-family:'Arial';left:580px;top:199px;">$ </div><div id="a4384" style="position:absolute;font-family:'Arial';left:599px;top:199px;">1,654,455</div></div></div>
<div id="TextBlockContainer125" style="position:relative;line-height:normal;width:670px;height:216px;"><div id="div_122_XBRL_TS_3e9704a7e80c4467b0c4471c09fb40d1" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer123" style="position:relative;line-height:normal;width:670px;height:216px;"><div style="position:absolute; width:482.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:161.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:492.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:504.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:504.7px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:580.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:592.1px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:592.8px; top:195.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:491.1px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:503.1px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:506px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:579.2px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:591.2px; top:214.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:594.1px; top:214.6px; background-color:#000000; "> </div>
<div id="TextContainer123" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4260" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4263" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:508px;top:0px;">March 31, </div><div id="a4265" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:521px;top:12px;">2026 </div><div id="a4268" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a4270" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a4272" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Land </div><div id="a4275" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4277" style="position:absolute;font-family:'Arial';left:529px;top:27px;">29,301</div><div id="a4280" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4282" style="position:absolute;font-family:'Arial';left:617px;top:27px;">29,008</div><div id="a4284" style="position:absolute;font-family:'Arial';left:4px;top:44px;">Buildings and improvements </div><div id="a4288" style="position:absolute;font-family:'Arial';left:522px;top:44px;">141,699</div><div id="a4292" style="position:absolute;font-family:'Arial';left:610px;top:44px;">138,771</div><div id="a4294" style="position:absolute;font-family:'Arial';left:4px;top:61px;">Plant, machinery, mining<div style="display:inline-block;width:5px;white-space:pre"> </div>equipment and transportation vehicles </div><div id="a4298" style="position:absolute;font-family:'Arial';left:511px;top:61px;">1,543,353</div><div id="a4302" style="position:absolute;font-family:'Arial';left:599px;top:61px;">1,516,095</div><div id="a4304" style="position:absolute;font-family:'Arial';left:4px;top:78px;">Mineral rights and reserves </div><div id="a4308" style="position:absolute;font-family:'Arial';left:522px;top:78px;">370,393</div><div id="a4312" style="position:absolute;font-family:'Arial';left:610px;top:78px;">370,393</div><div id="a4314" style="position:absolute;font-family:'Arial';left:4px;top:95px;">Office and computer equipment </div><div id="a4318" style="position:absolute;font-family:'Arial';left:529px;top:95px;">20,442</div><div id="a4322" style="position:absolute;font-family:'Arial';left:617px;top:95px;">20,063</div><div id="a4324" style="position:absolute;font-family:'Arial';left:4px;top:112px;">Mine development </div><div id="a4328" style="position:absolute;font-family:'Arial';left:522px;top:112px;">708,119</div><div id="a4332" style="position:absolute;font-family:'Arial';left:610px;top:112px;">694,779</div><div id="a4334" style="position:absolute;font-family:'Arial';left:4px;top:129px;">Asset retirement obligation asset </div><div id="a4338" style="position:absolute;font-family:'Arial';left:529px;top:129px;">80,502</div><div id="a4342" style="position:absolute;font-family:'Arial';left:617px;top:129px;">79,094</div><div id="a4344" style="position:absolute;font-family:'Arial';left:4px;top:146px;">Construction in process </div><div id="a4348" style="position:absolute;font-family:'Arial';left:522px;top:146px;">105,754</div><div id="a4352" style="position:absolute;font-family:'Arial';left:610px;top:146px;">103,011</div><div id="a4354" style="position:absolute;font-family:'Arial';left:4px;top:164px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>cost of property,<div style="display:inline-block;width:5px;white-space:pre"> </div>plant and equipment </div><div id="a4358" style="position:absolute;font-family:'Arial';left:511px;top:164px;">2,999,563</div><div id="a4362" style="position:absolute;font-family:'Arial';left:599px;top:164px;">2,951,214</div><div id="a4364" style="position:absolute;font-family:'Arial';left:4px;top:181px;">Less accumulated depreciation, depletion, amortization<div style="display:inline-block;width:5px;white-space:pre"> </div>and impairment </div><div id="a4368" style="position:absolute;font-family:'Arial';left:511px;top:181px;">1,508,186</div><div id="a4372" style="position:absolute;font-family:'Arial';left:599px;top:181px;">1,296,759</div><div id="a4374" style="position:absolute;font-family:'Arial';left:4px;top:199px;">Property, plant and<div style="display:inline-block;width:5px;white-space:pre"> </div>equipment, net </div><div id="a4377" style="position:absolute;font-family:'Arial';left:492px;top:199px;">$ </div><div id="a4379" style="position:absolute;font-family:'Arial';left:511px;top:199px;">1,491,377</div><div id="a4382" style="position:absolute;font-family:'Arial';left:580px;top:199px;">$ </div><div id="a4384" style="position:absolute;font-family:'Arial';left:599px;top:199px;">1,654,455</div></div></div></div></div>
29301000
29008000
141699000
138771000
1543353000
1516095000
370393000
370393000
20442000
20063000
708119000
694779000
80502000
79094000
105754000
103011000
2999563000
2951214000
1508186000
1296759000
1491377000
1654455000
<div id="TextBlockContainer128" style="position:relative;line-height:normal;width:425px;height:45px;"><div id="TextContainer128" style="position:relative;width:425px;z-index:1;font-size:13.28px;"><div id="a4400" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">8.<div style="display:inline-block;width:15px;white-space:pre"> </div>Accrued Expenses and Other Current Liabilities </div><div id="a4404" style="position:absolute;font-family:'Arial';left:5px;top:29px;">Accrued expenses and other current liabilities consist of the<div style="display:inline-block;width:5px;white-space:pre"> </div>following:</div></div></div><div id="TextBlockContainer134" style="position:relative;line-height:normal;width:664px;height:147px;"><div id="div_131_XBRL_TS_03a50d9891a64954b2deda82a0124974" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer132" style="position:relative;line-height:normal;width:664px;height:147px;"><div style="position:absolute; width:482.2px; height:1px; left:1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:489.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:501.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:501.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:577.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:589.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:589.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:489.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:501.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:501.7px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:577.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:589.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:589.8px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:488.1px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:500.1px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:503px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:576.2px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:588.2px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:591.1px; top:145.9px; background-color:#000000; "> </div>
<div id="TextContainer132" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a4406" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4409" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:0px;">March 31, </div><div id="a4411" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:12px;">2026 </div><div id="a4414" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:584px;top:0px;">December 31, </div><div id="a4416" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:607px;top:12px;">2025 </div><div id="a4418" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Wages and employee benefits </div><div id="a4421" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4423" style="position:absolute;font-family:'Arial';left:524px;top:27px;">46,023</div><div id="a4426" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4428" style="position:absolute;font-family:'Arial';left:612px;top:27px;">42,652</div><div id="a4430" style="position:absolute;font-family:'Arial';left:4px;top:44px;">Taxes<div style="display:inline-block;width:5px;white-space:pre"> </div>other than income taxes </div><div id="a4434" style="position:absolute;font-family:'Arial';left:531px;top:44px;">8,177</div><div id="a4438" style="position:absolute;font-family:'Arial';left:619px;top:44px;">6,440</div><div id="a4440" style="position:absolute;font-family:'Arial';left:4px;top:61px;">Accrued royalties </div><div id="a4444" style="position:absolute;font-family:'Arial';left:531px;top:61px;">8,634</div><div id="a4448" style="position:absolute;font-family:'Arial';left:612px;top:61px;">37,818</div><div id="a4450" style="position:absolute;font-family:'Arial';left:4px;top:78px;">Accrued freight costs </div><div id="a4454" style="position:absolute;font-family:'Arial';left:524px;top:78px;">38,806</div><div id="a4458" style="position:absolute;font-family:'Arial';left:612px;top:78px;">40,964</div><div id="a4460" style="position:absolute;font-family:'Arial';left:4px;top:95px;">Accrued mining fees </div><div id="a4464" style="position:absolute;font-family:'Arial';left:524px;top:95px;">99,834</div><div id="a4468" style="position:absolute;font-family:'Arial';left:605px;top:95px;">132,754</div><div id="a4470" style="position:absolute;font-family:'Arial';left:4px;top:112px;">Other liabilities </div><div id="a4474" style="position:absolute;font-family:'Arial';left:550px;top:112px;">55</div><div id="a4478" style="position:absolute;font-family:'Arial';left:612px;top:112px;">15,404</div><div id="a4480" style="position:absolute;font-family:'Arial';left:4px;top:131px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>accrued expenses and other current liabilities </div><div id="a4483" style="position:absolute;font-family:'Arial';left:492px;top:131px;">$ </div><div id="a4485" style="position:absolute;font-family:'Arial';left:517px;top:131px;">201,529</div><div id="a4488" style="position:absolute;font-family:'Arial';left:580px;top:131px;">$ </div><div id="a4490" style="position:absolute;font-family:'Arial';left:605px;top:131px;">276,032</div></div></div></div></div>
<div id="TextBlockContainer132" style="position:relative;line-height:normal;width:664px;height:147px;"><div style="position:absolute; width:482.2px; height:1px; left:1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:489.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:501.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:501.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:577.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:589.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:589.8px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:489.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:501.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:501.7px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:577.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:589.1px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:589.8px; top:127.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:488.1px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:500.1px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:503px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:576.2px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:588.2px; top:145.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.2px; height:1px; left:591.1px; top:145.9px; background-color:#000000; "> </div>
<div id="TextContainer132" style="position:relative;width:664px;z-index:1;font-size:13.28px;"><div id="a4406" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4409" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:506px;top:0px;">March 31, </div><div id="a4411" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:12px;">2026 </div><div id="a4414" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:584px;top:0px;">December 31, </div><div id="a4416" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:607px;top:12px;">2025 </div><div id="a4418" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Wages and employee benefits </div><div id="a4421" style="position:absolute;font-family:'Arial';left:492px;top:27px;">$ </div><div id="a4423" style="position:absolute;font-family:'Arial';left:524px;top:27px;">46,023</div><div id="a4426" style="position:absolute;font-family:'Arial';left:580px;top:27px;">$ </div><div id="a4428" style="position:absolute;font-family:'Arial';left:612px;top:27px;">42,652</div><div id="a4430" style="position:absolute;font-family:'Arial';left:4px;top:44px;">Taxes<div style="display:inline-block;width:5px;white-space:pre"> </div>other than income taxes </div><div id="a4434" style="position:absolute;font-family:'Arial';left:531px;top:44px;">8,177</div><div id="a4438" style="position:absolute;font-family:'Arial';left:619px;top:44px;">6,440</div><div id="a4440" style="position:absolute;font-family:'Arial';left:4px;top:61px;">Accrued royalties </div><div id="a4444" style="position:absolute;font-family:'Arial';left:531px;top:61px;">8,634</div><div id="a4448" style="position:absolute;font-family:'Arial';left:612px;top:61px;">37,818</div><div id="a4450" style="position:absolute;font-family:'Arial';left:4px;top:78px;">Accrued freight costs </div><div id="a4454" style="position:absolute;font-family:'Arial';left:524px;top:78px;">38,806</div><div id="a4458" style="position:absolute;font-family:'Arial';left:612px;top:78px;">40,964</div><div id="a4460" style="position:absolute;font-family:'Arial';left:4px;top:95px;">Accrued mining fees </div><div id="a4464" style="position:absolute;font-family:'Arial';left:524px;top:95px;">99,834</div><div id="a4468" style="position:absolute;font-family:'Arial';left:605px;top:95px;">132,754</div><div id="a4470" style="position:absolute;font-family:'Arial';left:4px;top:112px;">Other liabilities </div><div id="a4474" style="position:absolute;font-family:'Arial';left:550px;top:112px;">55</div><div id="a4478" style="position:absolute;font-family:'Arial';left:612px;top:112px;">15,404</div><div id="a4480" style="position:absolute;font-family:'Arial';left:4px;top:131px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>accrued expenses and other current liabilities </div><div id="a4483" style="position:absolute;font-family:'Arial';left:492px;top:131px;">$ </div><div id="a4485" style="position:absolute;font-family:'Arial';left:517px;top:131px;">201,529</div><div id="a4488" style="position:absolute;font-family:'Arial';left:580px;top:131px;">$ </div><div id="a4490" style="position:absolute;font-family:'Arial';left:605px;top:131px;">276,032</div></div></div>
46023000
42652000
8177000
6440000
8634000
37818000
38806000
40964000
99834000
132754000
55000
15404000
201529000
276032000
<div id="TextBlockContainer137" style="position:relative;line-height:normal;width:87px;height:17px;"><div id="TextContainer137" style="position:relative;width:87px;z-index:1;font-size:13.28px;"><div id="a4493" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">9.<div style="display:inline-block;width:16px;white-space:pre"> </div>Leases</div></div></div><div id="TextBlockContainer140" style="position:relative;line-height:normal;width:596px;height:17px;"><div id="TextContainer140" style="position:relative;width:596px;z-index:1;font-size:13.28px;"><div id="a4497" style="position:absolute;font-family:'Arial';left:5px;top:0px;">Information related to the Company’s right-of-use<div style="display:inline-block;width:5px;white-space:pre"> </div>assets and related lease liabilities are as follows:</div></div></div><div id="TextBlockContainer144" style="position:relative;line-height:normal;width:670px;height:153px;"><div style="position:absolute; width:455.1px; height:1px; left:4px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:465.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:477.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:477.7px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:83.4px; height:1px; left:581.7px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:465.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:477.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:477.7px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:83.4px; height:1px; left:581.7px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:464.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:476.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:81.2px; height:1px; left:479px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:568.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:580.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.1px; height:1px; left:583px; top:150.8px; background-color:#000000; "> </div>
<div id="TextContainer144" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4508" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:513px;top:0px;">Three months ended </div><div id="a4510" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:17px;">(in US$ thousands) </div><div id="a4513" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:475px;top:17px;">March 31, 2026 </div><div id="a4516" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:579px;top:17px;">March 31, 2025 </div><div id="a4518" style="position:absolute;font-family:'Arial';left:7px;top:32px;">Operating lease costs </div><div id="a4521" style="position:absolute;font-family:'Arial';left:468px;top:32px;">$ </div><div id="a4523" style="position:absolute;font-family:'Arial';left:520px;top:32px;">9,180</div><div id="a4526" style="position:absolute;font-family:'Arial';left:572px;top:32px;">$ </div><div id="a4528" style="position:absolute;font-family:'Arial';left:625px;top:32px;">8,317</div><div id="a4530" style="position:absolute;font-family:'Arial';left:7px;top:49px;">Cash paid for operating lease liabilities </div><div id="a4534" style="position:absolute;font-family:'Arial';left:520px;top:49px;">6,859</div><div id="a4538" style="position:absolute;font-family:'Arial';left:625px;top:49px;">5,564</div><div id="a4547" style="position:absolute;font-family:'Arial';left:7px;top:83px;">Finance lease costs: </div><div id="a4555" style="position:absolute;font-family:'Arial';left:7px;top:100px;">Amortization of right-of-use assets </div><div id="a4563" style="position:absolute;font-family:'Arial';left:520px;top:100px;">1,068</div><div id="a4567" style="position:absolute;font-family:'Arial';left:636px;top:100px;">133</div><div id="a4569" style="position:absolute;font-family:'Arial';left:7px;top:117px;">Interest on lease liabilities </div><div id="a4573" style="position:absolute;font-family:'Arial';left:531px;top:117px;">680</div><div id="a4577" style="position:absolute;font-family:'Arial';left:644px;top:117px;">38</div><div id="a4579" style="position:absolute;font-family:'Arial';left:7px;top:136px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>finance lease costs </div><div id="a4582" style="position:absolute;font-family:'Arial';left:468px;top:136px;">$ </div><div id="a4584" style="position:absolute;font-family:'Arial';left:520px;top:136px;">1,748</div><div id="a4587" style="position:absolute;font-family:'Arial';left:572px;top:136px;">$ </div><div id="a4589" style="position:absolute;font-family:'Arial';left:636px;top:136px;">171</div></div></div><div id="TextBlockContainer150" style="position:relative;line-height:normal;width:670px;height:407px;"><div style="position:absolute; width:461.1px; height:1px; left:4px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:470.2px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:482.2px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:485.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:568.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:580.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:583px; top:405.5px; background-color:#000000; "> </div>
<div id="TextContainer150" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4599" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:12px;">(in US$ thousands) </div><div id="a4602" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:0px;">March 31, </div><div id="a4604" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:505px;top:12px;">2026 </div><div id="a4607" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:580px;top:0px;">December 31, </div><div id="a4609" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:12px;">2025 </div><div id="a4611" style="position:absolute;font-family:'Arial';font-style:italic;left:7px;top:27px;">Assets </div><div id="a4619" style="position:absolute;font-family:'Arial';left:7px;top:45px;">Operating leases: </div><div id="a4627" style="position:absolute;font-family:'Arial';left:25px;top:62px;">Operating lease right-of-use assets </div><div id="a4634" style="position:absolute;font-family:'Arial';left:474px;top:62px;">$ </div><div id="a4636" style="position:absolute;font-family:'Arial';left:516px;top:62px;">81,480</div><div id="a4639" style="position:absolute;font-family:'Arial';left:572px;top:62px;">$ </div><div id="a4641" style="position:absolute;font-family:'Arial';left:614px;top:62px;">86,481</div><div id="a4650" style="position:absolute;font-family:'Arial';left:7px;top:97px;">Finance leases: </div><div id="a4658" style="position:absolute;font-family:'Arial';left:25px;top:114px;">Property and equipment </div><div id="a4662" style="position:absolute;font-family:'Arial';left:516px;top:114px;">36,954</div><div id="a4666" style="position:absolute;font-family:'Arial';left:614px;top:114px;">36,133</div><div id="a4668" style="position:absolute;font-family:'Arial';left:25px;top:131px;">Accumulated depreciation </div><div id="a4672" style="position:absolute;font-family:'Arial';left:518px;top:131px;display:flex;">(4,060)</div><div id="a4676" style="position:absolute;font-family:'Arial';left:616px;top:131px;display:flex;">(2,721)</div><div id="a4678" style="position:absolute;font-family:'Arial';left:25px;top:150px;">Property and equipment, net </div><div id="a4682" style="position:absolute;font-family:'Arial';left:516px;top:150px;">32,894</div><div id="a4686" style="position:absolute;font-family:'Arial';left:614px;top:150px;">33,412</div><div id="a4695" style="position:absolute;font-family:'Arial';font-style:italic;left:7px;top:188px;">Liabilities </div><div id="a4703" style="position:absolute;font-family:'Arial';left:25px;top:206px;">Current operating lease obligations </div><div id="a4707" style="position:absolute;font-family:'Arial';left:516px;top:206px;">27,205</div><div id="a4711" style="position:absolute;font-family:'Arial';left:614px;top:206px;">26,348</div><div id="a4713" style="position:absolute;font-family:'Arial';left:25px;top:223px;">Operating lease liabilities, less current portion </div><div id="a4717" style="position:absolute;font-family:'Arial';left:516px;top:223px;">61,165</div><div id="a4721" style="position:absolute;font-family:'Arial';left:614px;top:223px;">66,493</div><div id="a4723" style="position:absolute;font-family:'Arial';left:52px;top:242px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Operating lease liabilities </div><div id="a4727" style="position:absolute;font-family:'Arial';left:516px;top:242px;">88,370</div><div id="a4731" style="position:absolute;font-family:'Arial';left:614px;top:242px;">92,841</div><div id="a4740" style="position:absolute;font-family:'Arial';left:25px;top:280px;">Current finance lease obligations </div><div id="a4744" style="position:absolute;font-family:'Arial';left:523px;top:280px;">8,222</div><div id="a4748" style="position:absolute;font-family:'Arial';left:621px;top:280px;">7,952</div><div id="a4750" style="position:absolute;font-family:'Arial';left:25px;top:297px;">Finance lease liabilities, less current portion </div><div id="a4754" style="position:absolute;font-family:'Arial';left:516px;top:297px;">16,862</div><div id="a4758" style="position:absolute;font-family:'Arial';left:614px;top:297px;">17,373</div><div id="a4760" style="position:absolute;font-family:'Arial';left:52px;top:316px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Finance lease liabilities </div><div id="a4764" style="position:absolute;font-family:'Arial';left:516px;top:316px;">25,084</div><div id="a4768" style="position:absolute;font-family:'Arial';left:614px;top:316px;">25,325</div><div id="a4777" style="position:absolute;font-family:'Arial';left:25px;top:354px;">Current lease obligation </div><div id="a4781" style="position:absolute;font-family:'Arial';left:516px;top:354px;">35,427</div><div id="a4785" style="position:absolute;font-family:'Arial';left:614px;top:354px;">34,300</div><div id="a4787" style="position:absolute;font-family:'Arial';left:25px;top:372px;">Non-current lease obligation </div><div id="a4793" style="position:absolute;font-family:'Arial';left:516px;top:372px;">78,027</div><div id="a4797" style="position:absolute;font-family:'Arial';left:614px;top:372px;">83,866</div><div id="a4799" style="position:absolute;font-family:'Arial';left:52px;top:390px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Lease liability </div><div id="a4802" style="position:absolute;font-family:'Arial';left:474px;top:390px;">$ </div><div id="a4804" style="position:absolute;font-family:'Arial';left:508px;top:390px;">113,454</div><div id="a4807" style="position:absolute;font-family:'Arial';left:572px;top:390px;">$ </div><div id="a4809" style="position:absolute;font-family:'Arial';left:606px;top:390px;">118,166</div></div></div><div id="TextBlockContainer156" style="position:relative;line-height:normal;width:671px;height:148px;"><div style="position:absolute; width:447px; height:1px; left:1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:19.4px; height:1px; left:467.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:486.5px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77px; height:1px; left:487.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.5px; height:1px; left:570.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.6px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77px; height:1px; left:582.3px; top:24.3px; background-color:#407EC9; "> </div>
<div id="TextContainer156" style="position:relative;width:671px;z-index:1;font-size:13.28px;"><div id="a4827" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:0px;">March 31, </div><div id="a4829" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:504px;top:12px;">2026 </div><div id="a4832" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:580px;top:0px;">December 31,<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a4834" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:12px;">2025 </div><div id="a4836" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:27px;">Weighted Average Remaining<div style="display:inline-block;width:5px;white-space:pre"> </div>Lease Term (Years) </div><div id="a4844" style="position:absolute;font-family:'Arial';left:22px;top:45px;">Weighted average remaining lease term – finance<div style="display:inline-block;width:5px;white-space:pre"> </div>leases </div><div id="a4851" style="position:absolute;font-family:'Arial';left:539px;top:45px;">3.0</div><div id="a4855" style="position:absolute;font-family:'Arial';left:638px;top:44px;">3.2</div><div id="a4857" style="position:absolute;font-family:'Arial';left:22px;top:62px;">Weighted average remaining lease term – operating<div style="display:inline-block;width:5px;white-space:pre"> </div>leases </div><div id="a4864" style="position:absolute;font-family:'Arial';left:539px;top:62px;">3.1</div><div id="a4868" style="position:absolute;font-family:'Arial';left:638px;top:61px;">3.3</div><div id="a4877" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:97px;">Weighted Average Discount<div style="display:inline-block;width:5px;white-space:pre"> </div>Rate </div><div id="a4885" style="position:absolute;font-family:'Arial';left:22px;top:114px;">Weighted discount rate – finance lease </div><div id="a4892" style="position:absolute;font-family:'Arial';left:524px;top:113px;display:flex;">10.8%</div><div id="a4896" style="position:absolute;font-family:'Arial';left:619px;top:113px;display:flex;">10.8%</div><div id="a4898" style="position:absolute;font-family:'Arial';left:22px;top:131px;">Weighted discount rate – operating lease </div><div id="a4905" style="position:absolute;font-family:'Arial';left:531px;top:130px;display:flex;">9.5%</div><div id="a4909" style="position:absolute;font-family:'Arial';left:626px;top:130px;display:flex;">9.5%</div></div></div><div id="TextBlockContainer161" style="position:relative;line-height:normal;width:676px;height:47px;"><div id="TextContainer161" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a4912" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>operating<div style="display:inline-block;width:5px;white-space:pre"> </div>and finance<div style="display:inline-block;width:6px;white-space:pre"> </div>leases have<div style="display:inline-block;width:6px;white-space:pre"> </div>remaining<div style="display:inline-block;width:5px;white-space:pre"> </div>lease terms<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a4912_73_8" style="position:absolute;font-family:'Arial';left:471px;top:0px;">one year</div><div id="a4912_81_4" style="position:absolute;font-family:'Arial';left:524px;top:0px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>to </div><div id="a4912_85_10" style="position:absolute;font-family:'Arial';left:545px;top:0px;">four years</div><div id="a4912_95_10" style="position:absolute;font-family:'Arial';left:605px;top:0px;">, some<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a4917" style="position:absolute;font-family:'Arial';left:5px;top:15px;">which include options to extend the terms where the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>deems it is reasonably certain the options will be </div><div id="a4918" style="position:absolute;font-family:'Arial';left:5px;top:31px;">exercised. Maturities of lease liabilities as at March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, are as follows:</div></div></div><div id="TextBlockContainer167" style="position:relative;line-height:normal;width:674px;height:168px;"><div id="div_164_XBRL_TS_287f5896798f4bf7b61458ea4b6fa87b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer165" style="position:relative;line-height:normal;width:674px;height:168px;"><div style="position:absolute; width:462.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:471.1px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:486px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:569.3px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.3px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:584.1px; top:166.6px; background-color:#000000; "> </div>
<div id="TextContainer165" style="position:relative;width:674px;z-index:1;font-size:13.28px;"><div id="a4920" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4923" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:0px;">Operating </div><div id="a4925" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:503px;top:12px;">Lease </div><div id="a4928" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:596px;top:0px;">Finance </div><div id="a4930" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:601px;top:12px;">Lease </div><div id="a4932" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, </div><div id="a4940" style="position:absolute;font-family:'Arial';left:13px;top:45px;">2026 </div><div id="a4943" style="position:absolute;font-family:'Arial';left:472px;top:45px;">$ </div><div id="a4945" style="position:absolute;font-family:'Arial';left:519px;top:45px;">25,902</div><div id="a4948" style="position:absolute;font-family:'Arial';left:570px;top:45px;">$ </div><div id="a4950" style="position:absolute;font-family:'Arial';left:625px;top:45px;">8,094</div><div id="a4952" style="position:absolute;font-family:'Arial';left:13px;top:62px;">2027 </div><div id="a4956" style="position:absolute;font-family:'Arial';left:519px;top:62px;">32,937</div><div id="a4960" style="position:absolute;font-family:'Arial';left:625px;top:62px;">9,158</div><div id="a4962" style="position:absolute;font-family:'Arial';left:13px;top:79px;">2028 </div><div id="a4966" style="position:absolute;font-family:'Arial';left:519px;top:79px;">29,406</div><div id="a4970" style="position:absolute;font-family:'Arial';left:625px;top:79px;">8,517</div><div id="a4972" style="position:absolute;font-family:'Arial';left:13px;top:97px;">2029 </div><div id="a4976" style="position:absolute;font-family:'Arial';left:519px;top:97px;">13,461</div><div id="a4980" style="position:absolute;font-family:'Arial';left:625px;top:97px;">3,476</div><div id="a4982" style="position:absolute;font-family:'Arial';left:13px;top:115px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>lease payments </div><div id="a4986" style="position:absolute;font-family:'Arial';left:512px;top:115px;">101,706</div><div id="a4990" style="position:absolute;font-family:'Arial';left:617px;top:115px;">29,245</div><div id="a4992" style="position:absolute;font-family:'Arial';left:13px;top:133px;">Less imputed interest </div><div id="a4996" style="position:absolute;font-family:'Arial';left:514px;top:133px;display:flex;">(13,336)</div><div id="a5000" style="position:absolute;font-family:'Arial';left:620px;top:133px;display:flex;">(4,161)</div><div id="a5002" style="position:absolute;font-family:'Arial';left:31px;top:151px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>lease liability </div><div id="a5005" style="position:absolute;font-family:'Arial';left:472px;top:151px;">$ </div><div id="a5007" style="position:absolute;font-family:'Arial';left:519px;top:151px;">88,370</div><div id="a5010" style="position:absolute;font-family:'Arial';left:570px;top:151px;">$ </div><div id="a5012" style="position:absolute;font-family:'Arial';left:617px;top:151px;">25,084</div></div></div></div></div>
<div id="TextBlockContainer146" style="position:relative;line-height:normal;width:670px;height:153px;"><div id="div_143_XBRL_TS_174d3f8c6bca4d839073503567558ab4" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer144" style="position:relative;line-height:normal;width:670px;height:153px;"><div style="position:absolute; width:455.1px; height:1px; left:4px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:465.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:477.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:477.7px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:83.4px; height:1px; left:581.7px; top:29.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:465.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:477.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.4px; height:1px; left:477.7px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:83.4px; height:1px; left:581.7px; top:132px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:464.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:476.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:81.2px; height:1px; left:479px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:568.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:580.1px; top:150.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:82.1px; height:1px; left:583px; top:150.8px; background-color:#000000; "> </div>
<div id="TextContainer144" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4508" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:513px;top:0px;">Three months ended </div><div id="a4510" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:17px;">(in US$ thousands) </div><div id="a4513" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:475px;top:17px;">March 31, 2026 </div><div id="a4516" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:579px;top:17px;">March 31, 2025 </div><div id="a4518" style="position:absolute;font-family:'Arial';left:7px;top:32px;">Operating lease costs </div><div id="a4521" style="position:absolute;font-family:'Arial';left:468px;top:32px;">$ </div><div id="a4523" style="position:absolute;font-family:'Arial';left:520px;top:32px;">9,180</div><div id="a4526" style="position:absolute;font-family:'Arial';left:572px;top:32px;">$ </div><div id="a4528" style="position:absolute;font-family:'Arial';left:625px;top:32px;">8,317</div><div id="a4530" style="position:absolute;font-family:'Arial';left:7px;top:49px;">Cash paid for operating lease liabilities </div><div id="a4534" style="position:absolute;font-family:'Arial';left:520px;top:49px;">6,859</div><div id="a4538" style="position:absolute;font-family:'Arial';left:625px;top:49px;">5,564</div><div id="a4547" style="position:absolute;font-family:'Arial';left:7px;top:83px;">Finance lease costs: </div><div id="a4555" style="position:absolute;font-family:'Arial';left:7px;top:100px;">Amortization of right-of-use assets </div><div id="a4563" style="position:absolute;font-family:'Arial';left:520px;top:100px;">1,068</div><div id="a4567" style="position:absolute;font-family:'Arial';left:636px;top:100px;">133</div><div id="a4569" style="position:absolute;font-family:'Arial';left:7px;top:117px;">Interest on lease liabilities </div><div id="a4573" style="position:absolute;font-family:'Arial';left:531px;top:117px;">680</div><div id="a4577" style="position:absolute;font-family:'Arial';left:644px;top:117px;">38</div><div id="a4579" style="position:absolute;font-family:'Arial';left:7px;top:136px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>finance lease costs </div><div id="a4582" style="position:absolute;font-family:'Arial';left:468px;top:136px;">$ </div><div id="a4584" style="position:absolute;font-family:'Arial';left:520px;top:136px;">1,748</div><div id="a4587" style="position:absolute;font-family:'Arial';left:572px;top:136px;">$ </div><div id="a4589" style="position:absolute;font-family:'Arial';left:636px;top:136px;">171</div></div></div></div></div><div id="TextBlockContainer152" style="position:relative;line-height:normal;width:670px;height:407px;"><div id="div_149_XBRL_TS_7657311e83204ae7a3af8e17d8729305" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer150" style="position:relative;line-height:normal;width:670px;height:407px;"><div style="position:absolute; width:461.1px; height:1px; left:4px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:146.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:165.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:167px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:238.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:256.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:258.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:312.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.2px; height:1px; left:486px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.1px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:331.1px; background-color:#000000; "> </div>
<div style="position:absolute; width:77.1px; height:1px; left:584px; top:333px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:471.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:483.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:483.8px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:569.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.1px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:581.7px; top:386.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:470.2px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:482.2px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:485.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:568.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:580.1px; top:405.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:583px; top:405.5px; background-color:#000000; "> </div>
<div id="TextContainer150" style="position:relative;width:670px;z-index:1;font-size:13.28px;"><div id="a4599" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:12px;">(in US$ thousands) </div><div id="a4602" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:0px;">March 31, </div><div id="a4604" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:505px;top:12px;">2026 </div><div id="a4607" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:580px;top:0px;">December 31, </div><div id="a4609" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:12px;">2025 </div><div id="a4611" style="position:absolute;font-family:'Arial';font-style:italic;left:7px;top:27px;">Assets </div><div id="a4619" style="position:absolute;font-family:'Arial';left:7px;top:45px;">Operating leases: </div><div id="a4627" style="position:absolute;font-family:'Arial';left:25px;top:62px;">Operating lease right-of-use assets </div><div id="a4634" style="position:absolute;font-family:'Arial';left:474px;top:62px;">$ </div><div id="a4636" style="position:absolute;font-family:'Arial';left:516px;top:62px;">81,480</div><div id="a4639" style="position:absolute;font-family:'Arial';left:572px;top:62px;">$ </div><div id="a4641" style="position:absolute;font-family:'Arial';left:614px;top:62px;">86,481</div><div id="a4650" style="position:absolute;font-family:'Arial';left:7px;top:97px;">Finance leases: </div><div id="a4658" style="position:absolute;font-family:'Arial';left:25px;top:114px;">Property and equipment </div><div id="a4662" style="position:absolute;font-family:'Arial';left:516px;top:114px;">36,954</div><div id="a4666" style="position:absolute;font-family:'Arial';left:614px;top:114px;">36,133</div><div id="a4668" style="position:absolute;font-family:'Arial';left:25px;top:131px;">Accumulated depreciation </div><div id="a4672" style="position:absolute;font-family:'Arial';left:518px;top:131px;display:flex;">(4,060)</div><div id="a4676" style="position:absolute;font-family:'Arial';left:616px;top:131px;display:flex;">(2,721)</div><div id="a4678" style="position:absolute;font-family:'Arial';left:25px;top:150px;">Property and equipment, net </div><div id="a4682" style="position:absolute;font-family:'Arial';left:516px;top:150px;">32,894</div><div id="a4686" style="position:absolute;font-family:'Arial';left:614px;top:150px;">33,412</div><div id="a4695" style="position:absolute;font-family:'Arial';font-style:italic;left:7px;top:188px;">Liabilities </div><div id="a4703" style="position:absolute;font-family:'Arial';left:25px;top:206px;">Current operating lease obligations </div><div id="a4707" style="position:absolute;font-family:'Arial';left:516px;top:206px;">27,205</div><div id="a4711" style="position:absolute;font-family:'Arial';left:614px;top:206px;">26,348</div><div id="a4713" style="position:absolute;font-family:'Arial';left:25px;top:223px;">Operating lease liabilities, less current portion </div><div id="a4717" style="position:absolute;font-family:'Arial';left:516px;top:223px;">61,165</div><div id="a4721" style="position:absolute;font-family:'Arial';left:614px;top:223px;">66,493</div><div id="a4723" style="position:absolute;font-family:'Arial';left:52px;top:242px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Operating lease liabilities </div><div id="a4727" style="position:absolute;font-family:'Arial';left:516px;top:242px;">88,370</div><div id="a4731" style="position:absolute;font-family:'Arial';left:614px;top:242px;">92,841</div><div id="a4740" style="position:absolute;font-family:'Arial';left:25px;top:280px;">Current finance lease obligations </div><div id="a4744" style="position:absolute;font-family:'Arial';left:523px;top:280px;">8,222</div><div id="a4748" style="position:absolute;font-family:'Arial';left:621px;top:280px;">7,952</div><div id="a4750" style="position:absolute;font-family:'Arial';left:25px;top:297px;">Finance lease liabilities, less current portion </div><div id="a4754" style="position:absolute;font-family:'Arial';left:516px;top:297px;">16,862</div><div id="a4758" style="position:absolute;font-family:'Arial';left:614px;top:297px;">17,373</div><div id="a4760" style="position:absolute;font-family:'Arial';left:52px;top:316px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Finance lease liabilities </div><div id="a4764" style="position:absolute;font-family:'Arial';left:516px;top:316px;">25,084</div><div id="a4768" style="position:absolute;font-family:'Arial';left:614px;top:316px;">25,325</div><div id="a4777" style="position:absolute;font-family:'Arial';left:25px;top:354px;">Current lease obligation </div><div id="a4781" style="position:absolute;font-family:'Arial';left:516px;top:354px;">35,427</div><div id="a4785" style="position:absolute;font-family:'Arial';left:614px;top:354px;">34,300</div><div id="a4787" style="position:absolute;font-family:'Arial';left:25px;top:372px;">Non-current lease obligation </div><div id="a4793" style="position:absolute;font-family:'Arial';left:516px;top:372px;">78,027</div><div id="a4797" style="position:absolute;font-family:'Arial';left:614px;top:372px;">83,866</div><div id="a4799" style="position:absolute;font-family:'Arial';left:52px;top:390px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>Lease liability </div><div id="a4802" style="position:absolute;font-family:'Arial';left:474px;top:390px;">$ </div><div id="a4804" style="position:absolute;font-family:'Arial';left:508px;top:390px;">113,454</div><div id="a4807" style="position:absolute;font-family:'Arial';left:572px;top:390px;">$ </div><div id="a4809" style="position:absolute;font-family:'Arial';left:606px;top:390px;">118,166</div></div></div></div></div><div id="TextBlockContainer158" style="position:relative;line-height:normal;width:671px;height:148px;"><div id="div_155_XBRL_TS_10f454bb48134a50aa03d1ece5c132e0" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer156" style="position:relative;line-height:normal;width:671px;height:148px;"><div style="position:absolute; width:447px; height:1px; left:1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:19.4px; height:1px; left:467.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:486.5px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77px; height:1px; left:487.2px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.5px; height:1px; left:570.1px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.6px; top:24.3px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:77px; height:1px; left:582.3px; top:24.3px; background-color:#407EC9; "> </div>
<div id="TextContainer156" style="position:relative;width:671px;z-index:1;font-size:13.28px;"><div id="a4827" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:0px;">March 31, </div><div id="a4829" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:504px;top:12px;">2026 </div><div id="a4832" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:580px;top:0px;">December 31,<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a4834" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:603px;top:12px;">2025 </div><div id="a4836" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:27px;">Weighted Average Remaining<div style="display:inline-block;width:5px;white-space:pre"> </div>Lease Term (Years) </div><div id="a4844" style="position:absolute;font-family:'Arial';left:22px;top:45px;">Weighted average remaining lease term – finance<div style="display:inline-block;width:5px;white-space:pre"> </div>leases </div><div id="a4851" style="position:absolute;font-family:'Arial';left:539px;top:45px;">3.0</div><div id="a4855" style="position:absolute;font-family:'Arial';left:638px;top:44px;">3.2</div><div id="a4857" style="position:absolute;font-family:'Arial';left:22px;top:62px;">Weighted average remaining lease term – operating<div style="display:inline-block;width:5px;white-space:pre"> </div>leases </div><div id="a4864" style="position:absolute;font-family:'Arial';left:539px;top:62px;">3.1</div><div id="a4868" style="position:absolute;font-family:'Arial';left:638px;top:61px;">3.3</div><div id="a4877" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:97px;">Weighted Average Discount<div style="display:inline-block;width:5px;white-space:pre"> </div>Rate </div><div id="a4885" style="position:absolute;font-family:'Arial';left:22px;top:114px;">Weighted discount rate – finance lease </div><div id="a4892" style="position:absolute;font-family:'Arial';left:524px;top:113px;display:flex;">10.8%</div><div id="a4896" style="position:absolute;font-family:'Arial';left:619px;top:113px;display:flex;">10.8%</div><div id="a4898" style="position:absolute;font-family:'Arial';left:22px;top:131px;">Weighted discount rate – operating lease </div><div id="a4905" style="position:absolute;font-family:'Arial';left:531px;top:130px;display:flex;">9.5%</div><div id="a4909" style="position:absolute;font-family:'Arial';left:626px;top:130px;display:flex;">9.5%</div></div></div></div></div>
9180000
8317000
6859000
5564000
1068000
133000
680000
38000
1748000
171000
81480000
86481000
36954000
36133000
4060000
2721000
32894000
33412000
27205000
26348000
61165000
66493000
88370000
92841000
8222000
7952000
16862000
17373000
25084000
25325000
35427000
34300000
78027000
83866000
113454000
118166000
P3Y
P3Y2M12D
P3Y1M6D
P3Y3M18D
0.108
0.108
0.095
0.095
P1Y
P4Y
<div id="TextBlockContainer165" style="position:relative;line-height:normal;width:674px;height:168px;"><div style="position:absolute; width:462.2px; height:1px; left:4px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:24.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:111.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:129.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:472.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:484.1px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:484.7px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.2px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:582.9px; top:147.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:471.1px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:483.1px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:486px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:569.3px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:581.3px; top:166.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:584.1px; top:166.6px; background-color:#000000; "> </div>
<div id="TextContainer165" style="position:relative;width:674px;z-index:1;font-size:13.28px;"><div id="a4920" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:12px;">(in US$ thousands) </div><div id="a4923" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:493px;top:0px;">Operating </div><div id="a4925" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:503px;top:12px;">Lease </div><div id="a4928" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:596px;top:0px;">Finance </div><div id="a4930" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:601px;top:12px;">Lease </div><div id="a4932" style="position:absolute;font-family:'Arial';left:4px;top:27px;">Year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, </div><div id="a4940" style="position:absolute;font-family:'Arial';left:13px;top:45px;">2026 </div><div id="a4943" style="position:absolute;font-family:'Arial';left:472px;top:45px;">$ </div><div id="a4945" style="position:absolute;font-family:'Arial';left:519px;top:45px;">25,902</div><div id="a4948" style="position:absolute;font-family:'Arial';left:570px;top:45px;">$ </div><div id="a4950" style="position:absolute;font-family:'Arial';left:625px;top:45px;">8,094</div><div id="a4952" style="position:absolute;font-family:'Arial';left:13px;top:62px;">2027 </div><div id="a4956" style="position:absolute;font-family:'Arial';left:519px;top:62px;">32,937</div><div id="a4960" style="position:absolute;font-family:'Arial';left:625px;top:62px;">9,158</div><div id="a4962" style="position:absolute;font-family:'Arial';left:13px;top:79px;">2028 </div><div id="a4966" style="position:absolute;font-family:'Arial';left:519px;top:79px;">29,406</div><div id="a4970" style="position:absolute;font-family:'Arial';left:625px;top:79px;">8,517</div><div id="a4972" style="position:absolute;font-family:'Arial';left:13px;top:97px;">2029 </div><div id="a4976" style="position:absolute;font-family:'Arial';left:519px;top:97px;">13,461</div><div id="a4980" style="position:absolute;font-family:'Arial';left:625px;top:97px;">3,476</div><div id="a4982" style="position:absolute;font-family:'Arial';left:13px;top:115px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>lease payments </div><div id="a4986" style="position:absolute;font-family:'Arial';left:512px;top:115px;">101,706</div><div id="a4990" style="position:absolute;font-family:'Arial';left:617px;top:115px;">29,245</div><div id="a4992" style="position:absolute;font-family:'Arial';left:13px;top:133px;">Less imputed interest </div><div id="a4996" style="position:absolute;font-family:'Arial';left:514px;top:133px;display:flex;">(13,336)</div><div id="a5000" style="position:absolute;font-family:'Arial';left:620px;top:133px;display:flex;">(4,161)</div><div id="a5002" style="position:absolute;font-family:'Arial';left:31px;top:151px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>lease liability </div><div id="a5005" style="position:absolute;font-family:'Arial';left:472px;top:151px;">$ </div><div id="a5007" style="position:absolute;font-family:'Arial';left:519px;top:151px;">88,370</div><div id="a5010" style="position:absolute;font-family:'Arial';left:570px;top:151px;">$ </div><div id="a5012" style="position:absolute;font-family:'Arial';left:617px;top:151px;">25,084</div></div></div>
25902000
8094000
32937000
9158000
29406000
8517000
13461000
3476000
101706000
29245000
13336000
4161000
88370000
25084000
<div id="TextBlockContainer170" style="position:relative;line-height:normal;width:230px;height:17px;"><div id="TextContainer170" style="position:relative;width:230px;z-index:1;font-size:13.28px;"><div id="a5015" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">10.<div style="display:inline-block;width:30px;white-space:pre"> </div>Interest Bearing Liabilities</div></div></div><div id="TextBlockContainer176" style="position:relative;line-height:normal;width:668px;height:302px;"><div id="div_173_XBRL_TS_315954ad9d6f48b087feedb0abf2b5e2" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer174" style="position:relative;line-height:normal;width:668px;height:302px;"><div style="position:absolute; width:234.1px; height:1px; left:4.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:92px; height:1px; left:479.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:571.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:15.4px; height:1px; left:571.7px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:72px; height:1px; left:593px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:256.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:256.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:96.2px; height:1px; left:259.8px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:96.2px; height:1px; left:259.8px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:375.1px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:375.1px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:95px; height:1px; left:377.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:95px; height:1px; left:377.9px; top:210.5px; background-color:#000000; "> </div>
<div id="TextContainer174" style="position:relative;width:668px;z-index:1;font-size:13.28px;"><div id="a5019" style="position:absolute;font-family:'Arial';left:8px;top:0px;">The following is a summary of interest-bearing liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>as at March 31, 2026: </div><div id="a5035" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:63px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>(in US$ thousands) </div><div id="a5039" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:263px;top:63px;">March 31, 2026 </div><div id="a5042" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:369px;top:63px;">December 31, 2025 </div><div id="a5045" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:486px;top:38px;">Weighted Average </div><div id="a5046" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:494px;top:50px;">Interest Rate at<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a5048" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:495px;top:63px;">March 31, 2026 </div><div id="a5051" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:617px;top:50px;">Final </div><div id="a5052" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:608px;top:63px;">Maturity </div><div id="a5054_1_5" style="position:absolute;font-family:'Arial';left:11px;top:76px;">9.250</div><div id="a5054_6_23" style="position:absolute;font-family:'Arial';left:45px;top:76px;">% Senior Secured Notes </div><div id="a5058" style="position:absolute;font-family:'Arial';left:248px;top:76px;">$ </div><div id="a5060" style="position:absolute;font-family:'Arial';left:301px;top:76px;">400,000</div><div id="a5063" style="position:absolute;font-family:'Arial';left:365px;top:76px;">$ </div><div id="a5065" style="position:absolute;font-family:'Arial';left:418px;top:76px;">400,000</div><div id="a5068" style="position:absolute;font-family:'Arial';left:531px;top:76px;">9.99</div><div id="a5068_4_2" style="position:absolute;font-family:'Arial';left:556px;top:76px;">% </div><div id="a5070" style="position:absolute;font-family:'Arial';font-size:8.64px;left:574px;top:77px;">(2) </div><div id="a5073" style="position:absolute;font-family:'Arial';left:614px;top:76px;">2029</div><div id="a5075" style="position:absolute;font-family:'Arial';left:8px;top:93px;">ABL Facility </div><div id="a5079" style="position:absolute;font-family:'Arial';left:301px;top:93px;">278,295</div><div id="a5083" style="position:absolute;font-family:'Arial';left:418px;top:93px;">272,115</div><div id="a5086" style="position:absolute;font-family:'Arial';left:531px;top:93px;">9</div><div id="a5086_1_5" style="position:absolute;font-family:'Arial';left:538px;top:93px;">.00% </div><div id="a5090" style="position:absolute;font-family:'Arial';left:614px;top:93px;">2030</div><div id="a5092" style="position:absolute;font-family:'Arial';left:8px;top:112px;">Loan - Curragh Housing Transaction </div><div id="a5099" style="position:absolute;font-family:'Arial';left:309px;top:112px;">24,860</div><div id="a5103" style="position:absolute;font-family:'Arial';left:425px;top:112px;">24,748</div><div id="a5106" style="position:absolute;font-family:'Arial';left:523px;top:112px;">14.14</div><div id="a5106_5_2" style="position:absolute;font-family:'Arial';left:556px;top:112px;">% </div><div id="a5108" style="position:absolute;font-family:'Arial';font-size:8.64px;left:574px;top:113px;">(2) </div><div id="a5111" style="position:absolute;font-family:'Arial';left:614px;top:112px;">2034</div><div id="a5113" style="position:absolute;font-family:'Arial';left:8px;top:133px;">Debt issuance costs</div><div id="a5114" style="position:absolute;font-family:'Arial';font-size:8.64px;left:127px;top:134px;">(1)</div><div id="a5118" style="position:absolute;font-family:'Arial';left:311px;top:133px;display:flex;">(9,684)</div><div id="a5122" style="position:absolute;font-family:'Arial';left:421px;top:133px;display:flex;">(10,203)</div><div id="a5129" style="position:absolute;font-family:'Arial';left:8px;top:153px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>interest bearing liabilities </div><div id="a5133" style="position:absolute;font-family:'Arial';left:301px;top:153px;">693,471</div><div id="a5137" style="position:absolute;font-family:'Arial';left:418px;top:153px;">686,660</div><div id="a5144" style="position:absolute;font-family:'Arial';left:8px;top:170px;">Less: current portion </div><div id="a5148" style="position:absolute;font-family:'Arial';left:311px;top:170px;display:flex;">(1,764)</div><div id="a5152" style="position:absolute;font-family:'Arial';left:428px;top:170px;display:flex;">(1,671)</div><div id="a5159" style="position:absolute;font-family:'Arial';left:8px;top:191px;">Non-current interest-bearing liabilities </div><div id="a5166" style="position:absolute;font-family:'Arial';left:248px;top:191px;">$ </div><div id="a5168" style="position:absolute;font-family:'Arial';left:301px;top:191px;">691,707</div><div id="a5171" style="position:absolute;font-family:'Arial';left:365px;top:191px;">$ </div><div id="a5173" style="position:absolute;font-family:'Arial';left:418px;top:191px;">684,989</div><div id="a5192" style="position:absolute;font-family:'Arial';font-size:6.72px;left:8px;top:228px;">(1) </div><div id="a5193" style="position:absolute;font-family:'Arial';font-size:10.72px;left:18px;top:228px;">Relates to debt issuance costs in connection with<div style="display:inline-block;width:1px;white-space:pre"> </div>the Notes and Curragh Housing Transaction (each as defined<div style="display:inline-block;width:2px;white-space:pre"> </div>below) loan. Deferred </div><div id="a5195" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:240px;">debt issuance costs incurred in connection with<div style="display:inline-block;width:2px;white-space:pre"> </div>the establishment of the ABL Facility (as defined<div style="display:inline-block;width:2px;white-space:pre"> </div>below) have been included within "Other </div><div id="a5197" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:252px;">non-current assets" in the unaudited Condensed Consolidated<div style="display:inline-block;width:1px;white-space:pre"> </div>Balance Sheets. </div><div id="a5201" style="position:absolute;font-family:'Arial';font-size:6.72px;left:8px;top:276px;">(2)</div><div id="a5202" style="position:absolute;font-family:'Arial';font-size:10.72px;left:16px;top:277px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Represents the effective interest rate. The effective interest<div style="display:inline-block;width:2px;white-space:pre"> </div>is higher than the implied interest rate as<div style="display:inline-block;width:2px;white-space:pre"> </div>it incorporates the effect of debt </div><div id="a5205" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:289px;">issuance costs and discount, where applicable.</div></div></div></div></div><div id="TextBlockContainer179" style="position:relative;line-height:normal;width:676px;height:120px;"><div id="TextContainer179" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a5208" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:0px;">9.250% Senior Secured Notes due in 2029 </div><div id="a5210" style="position:absolute;font-family:'Arial';left:5px;top:29px;">As of<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:5px;white-space:pre"> </div>31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>aggregate<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:5px;white-space:pre"> </div>principal<div style="display:inline-block;width:5px;white-space:pre"> </div>amount<div style="display:inline-block;width:5px;white-space:pre"> </div>of the </div><div id="a5210_72_5" style="position:absolute;font-family:'Arial';left:452px;top:29px;">9.250</div><div id="a5210_77_27" style="position:absolute;font-family:'Arial';left:485px;top:29px;">% Senior<div style="display:inline-block;width:6px;white-space:pre"> </div>Secured<div style="display:inline-block;width:5px;white-space:pre"> </div>Notes<div style="display:inline-block;width:5px;white-space:pre"> </div>due </div><div id="a5217" style="position:absolute;font-family:'Arial';left:5px;top:44px;">2029, or the Notes, was $</div><div id="a5217_25_5" style="position:absolute;font-family:'Arial';left:157px;top:44px;">400.0</div><div id="a5217_30_10" style="position:absolute;font-family:'Arial';left:190px;top:44px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. </div><div id="a5219" style="position:absolute;font-family:'Arial';left:5px;top:73px;">The Notes were issued at par and bear<div style="display:inline-block;width:5px;white-space:pre"> </div>interest at a rate of </div><div id="a5219_60_5" style="position:absolute;font-family:'Arial';left:355px;top:73px;">9.250</div><div id="a5219_65_46" style="position:absolute;font-family:'Arial';left:388px;top:73px;">% per annum. Interest on the Notes<div style="display:inline-block;width:5px;white-space:pre"> </div>is payable </div><div id="a5221" style="position:absolute;font-family:'Arial';left:5px;top:88px;">semi-annually in arrears on April 1 and October 1 of each year, which began on April 1, 2025. The Notes mature </div><div id="a5226" style="position:absolute;font-family:'Arial';left:5px;top:103px;">on October 1, 2029 and are senior secured obligations<div style="display:inline-block;width:5px;white-space:pre"> </div>of the Issuer.<div style="display:inline-block;width:5px;white-space:pre"> </div></div></div></div><div id="TextBlockContainer182" style="position:relative;line-height:normal;width:676px;height:576px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer182" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a5241" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The terms<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>Notes are<div style="display:inline-block;width:6px;white-space:pre"> </div>governed<div style="display:inline-block;width:5px;white-space:pre"> </div>by an<div style="display:inline-block;width:6px;white-space:pre"> </div>indenture,<div style="display:inline-block;width:5px;white-space:pre"> </div>or the<div style="display:inline-block;width:6px;white-space:pre"> </div>Indenture,<div style="display:inline-block;width:5px;white-space:pre"> </div>dated<div style="display:inline-block;width:5px;white-space:pre"> </div>as of<div style="display:inline-block;width:6px;white-space:pre"> </div>October<div style="display:inline-block;width:5px;white-space:pre"> </div>2, 2024,<div style="display:inline-block;width:6px;white-space:pre"> </div>among </div><div id="a5244" style="position:absolute;font-family:'Arial';left:5px;top:15px;">Coronado<div style="display:inline-block;width:7px;white-space:pre"> </div>Finance<div style="display:inline-block;width:7px;white-space:pre"> </div>Pty<div style="display:inline-block;width:7px;white-space:pre"> </div>Ltd,<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>issuer,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Issuer,<div style="display:inline-block;width:7px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:7px;white-space:pre"> </div>Global<div style="display:inline-block;width:7px;white-space:pre"> </div>Resources<div style="display:inline-block;width:7px;white-space:pre"> </div>Inc.,<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>guarantor,<div style="display:inline-block;width:8px;white-space:pre"> </div>the </div><div id="a5251" style="position:absolute;font-family:'Arial';left:5px;top:31px;">subsidiaries<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:8px;white-space:pre"> </div>Global<div style="display:inline-block;width:8px;white-space:pre"> </div>Resources<div style="display:inline-block;width:8px;white-space:pre"> </div>Inc.<div style="display:inline-block;width:8px;white-space:pre"> </div>named<div style="display:inline-block;width:8px;white-space:pre"> </div>therein<div style="display:inline-block;width:8px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>additional<div style="display:inline-block;width:8px;white-space:pre"> </div>guarantors(collectively<div style="display:inline-block;width:8px;white-space:pre"> </div>with </div><div id="a5256" style="position:absolute;font-family:'Arial';left:5px;top:46px;">Coronado Global<div style="display:inline-block;width:6px;white-space:pre"> </div>Resources Inc.,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Guarantors),<div style="display:inline-block;width:5px;white-space:pre"> </div>and Wilmington<div style="display:inline-block;width:5px;white-space:pre"> </div>Trust,<div style="display:inline-block;width:5px;white-space:pre"> </div>National Association,<div style="display:inline-block;width:6px;white-space:pre"> </div>as trustee<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a5260" style="position:absolute;font-family:'Arial';left:5px;top:61px;">priority lien<div style="display:inline-block;width:6px;white-space:pre"> </div>collateral trustee.<div style="display:inline-block;width:6px;white-space:pre"> </div>The Indenture<div style="display:inline-block;width:6px;white-space:pre"> </div>contains customary<div style="display:inline-block;width:6px;white-space:pre"> </div>covenants for<div style="display:inline-block;width:6px;white-space:pre"> </div>high yield<div style="display:inline-block;width:6px;white-space:pre"> </div>bonds, including,<div style="display:inline-block;width:6px;white-space:pre"> </div>but </div><div id="a5262" style="position:absolute;font-family:'Arial';left:5px;top:77px;">not<div style="display:inline-block;width:7px;white-space:pre"> </div>limited<div style="display:inline-block;width:7px;white-space:pre"> </div>to,<div style="display:inline-block;width:7px;white-space:pre"> </div>limitations<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>investments,<div style="display:inline-block;width:7px;white-space:pre"> </div>liens,<div style="display:inline-block;width:7px;white-space:pre"> </div>indebtedness,<div style="display:inline-block;width:7px;white-space:pre"> </div>asset<div style="display:inline-block;width:7px;white-space:pre"> </div>sales,<div style="display:inline-block;width:7px;white-space:pre"> </div>transactions<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>affiliates<div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a5263" style="position:absolute;font-family:'Arial';left:5px;top:92px;">restricted payments, including payment of dividends on<div style="display:inline-block;width:5px;white-space:pre"> </div>capital stock. </div><div id="a5265" style="position:absolute;font-family:'Arial';left:5px;top:121px;">The Notes are guaranteed on a<div style="display:inline-block;width:2px;white-space:pre"> </div>senior secured basis by the Company and certain of<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s subsidiaries </div><div id="a5266" style="position:absolute;font-family:'Arial';left:5px;top:136px;">that guarantee,<div style="display:inline-block;width:5px;white-space:pre"> </div>or are a<div style="display:inline-block;width:5px;white-space:pre"> </div>borrower,<div style="display:inline-block;width:4px;white-space:pre"> </div>under the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>ABL Facility or<div style="display:inline-block;width:5px;white-space:pre"> </div>certain other<div style="display:inline-block;width:5px;white-space:pre"> </div>debt and secured<div style="display:inline-block;width:6px;white-space:pre"> </div>by (i) a </div><div id="a5278" style="position:absolute;font-family:'Arial';left:5px;top:151px;">first-priority lien<div style="display:inline-block;width:2px;white-space:pre"> </div>on substantially all<div style="display:inline-block;width:2px;white-space:pre"> </div>of the<div style="display:inline-block;width:2px;white-space:pre"> </div>assets of the<div style="display:inline-block;width:2px;white-space:pre"> </div>Issuer and<div style="display:inline-block;width:2px;white-space:pre"> </div>each Guarantor (other<div style="display:inline-block;width:2px;white-space:pre"> </div>than accounts receivable </div><div id="a5281" style="position:absolute;font-family:'Arial';left:5px;top:167px;">and<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>rights<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>payment,<div style="display:inline-block;width:6px;white-space:pre"> </div>inventory,<div style="display:inline-block;width:7px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>investment<div style="display:inline-block;width:7px;white-space:pre"> </div>property,<div style="display:inline-block;width:7px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>general<div style="display:inline-block;width:7px;white-space:pre"> </div>intangibles<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a5283" style="position:absolute;font-family:'Arial';left:5px;top:182px;">commercial tort<div style="display:inline-block;width:6px;white-space:pre"> </div>claims, deposit<div style="display:inline-block;width:6px;white-space:pre"> </div>accounts, securities<div style="display:inline-block;width:6px;white-space:pre"> </div>accounts and<div style="display:inline-block;width:6px;white-space:pre"> </div>other related<div style="display:inline-block;width:6px;white-space:pre"> </div>assets, chattel<div style="display:inline-block;width:6px;white-space:pre"> </div>paper,<div style="display:inline-block;width:6px;white-space:pre"> </div>letter of </div><div id="a5285" style="position:absolute;font-family:'Arial';left:5px;top:197px;">credit<div style="display:inline-block;width:5px;white-space:pre"> </div>rights,<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>insurance<div style="display:inline-block;width:6px;white-space:pre"> </div>proceeds,<div style="display:inline-block;width:6px;white-space:pre"> </div>intercompany<div style="display:inline-block;width:6px;white-space:pre"> </div>indebtedness<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>assets<div style="display:inline-block;width:6px;white-space:pre"> </div>related<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a5286" style="position:absolute;font-family:'Arial';left:5px;top:213px;">foregoing and<div style="display:inline-block;width:6px;white-space:pre"> </div>proceeds and<div style="display:inline-block;width:6px;white-space:pre"> </div>products of<div style="display:inline-block;width:6px;white-space:pre"> </div>each of<div style="display:inline-block;width:6px;white-space:pre"> </div>the foregoing,<div style="display:inline-block;width:6px;white-space:pre"> </div>or collectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>the ABL<div style="display:inline-block;width:6px;white-space:pre"> </div>Priority Collateral)<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a5289" style="position:absolute;font-family:'Arial';left:5px;top:228px;">(ii) a second-priority<div style="display:inline-block;width:5px;white-space:pre"> </div>lien on the<div style="display:inline-block;width:5px;white-space:pre"> </div>ABL Priority Collateral,<div style="display:inline-block;width:6px;white-space:pre"> </div>which is junior<div style="display:inline-block;width:5px;white-space:pre"> </div>to a first-priority<div style="display:inline-block;width:5px;white-space:pre"> </div>lien for the<div style="display:inline-block;width:5px;white-space:pre"> </div>benefit of the </div><div id="a5296" style="position:absolute;font-family:'Arial';left:5px;top:243px;">lenders and other creditors under<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s asset-based revolving credit facility, dated as of<div style="display:inline-block;width:2px;white-space:pre"> </div>June 18, 2025, </div><div id="a5300" style="position:absolute;font-family:'Arial';left:5px;top:259px;">subject to certain exceptions and permitted liens. </div><div id="a5303" style="position:absolute;font-family:'Arial';left:5px;top:287px;">Upon the<div style="display:inline-block;width:5px;white-space:pre"> </div>occurrence of<div style="display:inline-block;width:6px;white-space:pre"> </div>a “Change<div style="display:inline-block;width:6px;white-space:pre"> </div>of Control<div style="display:inline-block;width:5px;white-space:pre"> </div>Triggering<div style="display:inline-block;width:5px;white-space:pre"> </div>Event”, defined<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:5px;white-space:pre"> </div>Indenture as<div style="display:inline-block;width:6px;white-space:pre"> </div>the occurrence<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a5304" style="position:absolute;font-family:'Arial';left:5px;top:303px;">Change<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Control<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>Rating<div style="display:inline-block;width:6px;white-space:pre"> </div>Decline<div style="display:inline-block;width:6px;white-space:pre"> </div>(each<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>defined<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Indenture),<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Issuer<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>offer<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a5311" style="position:absolute;font-family:'Arial';left:5px;top:318px;">repurchase the<div style="display:inline-block;width:6px;white-space:pre"> </div>Notes at </div><div id="a5311_24_3" style="position:absolute;font-family:'Arial';left:155px;top:318px;">101</div><div id="a5311_27_82" style="position:absolute;font-family:'Arial';left:177px;top:318px;">% of<div style="display:inline-block;width:6px;white-space:pre"> </div>the aggregate<div style="display:inline-block;width:6px;white-space:pre"> </div>principal amount<div style="display:inline-block;width:6px;white-space:pre"> </div>thereof, plus<div style="display:inline-block;width:6px;white-space:pre"> </div>accrued and<div style="display:inline-block;width:6px;white-space:pre"> </div>unpaid interest,<div style="display:inline-block;width:6px;white-space:pre"> </div>if </div><div id="a5312" style="position:absolute;font-family:'Arial';left:5px;top:333px;">any,<div style="display:inline-block;width:5px;white-space:pre"> </div>to, but<div style="display:inline-block;width:5px;white-space:pre"> </div>excluding, the<div style="display:inline-block;width:6px;white-space:pre"> </div>repurchase date.<div style="display:inline-block;width:5px;white-space:pre"> </div>The Issuer<div style="display:inline-block;width:6px;white-space:pre"> </div>also has<div style="display:inline-block;width:5px;white-space:pre"> </div>the right<div style="display:inline-block;width:5px;white-space:pre"> </div>to redeem<div style="display:inline-block;width:5px;white-space:pre"> </div>the Notes<div style="display:inline-block;width:6px;white-space:pre"> </div>at </div><div id="a5312_98_3" style="position:absolute;font-family:'Arial';left:590px;top:333px;">101</div><div id="a5312_101_9" style="position:absolute;font-family:'Arial';left:612px;top:333px;">% of<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a5313" style="position:absolute;font-family:'Arial';left:5px;top:349px;">aggregate principal<div style="display:inline-block;width:5px;white-space:pre"> </div>amount thereof,<div style="display:inline-block;width:6px;white-space:pre"> </div>plus accrued<div style="display:inline-block;width:5px;white-space:pre"> </div>and unpaid<div style="display:inline-block;width:5px;white-space:pre"> </div>interest, if<div style="display:inline-block;width:5px;white-space:pre"> </div>any,<div style="display:inline-block;width:6px;white-space:pre"> </div>to, but<div style="display:inline-block;width:5px;white-space:pre"> </div>excluding, the<div style="display:inline-block;width:5px;white-space:pre"> </div>repurchase </div><div id="a5315" style="position:absolute;font-family:'Arial';left:5px;top:364px;">date, following the occurrence of<div style="display:inline-block;width:2px;white-space:pre"> </div>a Change of Control<div style="display:inline-block;width:2px;white-space:pre"> </div>Triggering Event, provided that the Issuer<div style="display:inline-block;width:2px;white-space:pre"> </div>redeems at least </div><div id="a5316" style="position:absolute;font-family:'Arial';left:5px;top:379px;">90</div><div id="a5316_2_108" style="position:absolute;font-family:'Arial';left:20px;top:379px;">% of the Notes outstanding prior<div style="display:inline-block;width:5px;white-space:pre"> </div>to such Change of Control<div style="display:inline-block;width:5px;white-space:pre"> </div>Triggering Event. Upon<div style="display:inline-block;width:5px;white-space:pre"> </div>the occurrence of certain </div><div id="a5318" style="position:absolute;font-family:'Arial';left:5px;top:395px;">changes in tax law (as described in the Indenture), the Issuer may redeem all of the Notes at a redemption price </div><div id="a5319" style="position:absolute;font-family:'Arial';left:5px;top:410px;">equal to </div><div id="a5319_9_3" style="position:absolute;font-family:'Arial';left:56px;top:410px;">100</div><div id="a5319_12_100" style="position:absolute;font-family:'Arial';left:79px;top:410px;">% of the principal amount<div style="display:inline-block;width:5px;white-space:pre"> </div>of the Notes to be redeemed<div style="display:inline-block;width:5px;white-space:pre"> </div>plus accrued and unpaid interest,<div style="display:inline-block;width:5px;white-space:pre"> </div>if any,<div style="display:inline-block;width:5px;white-space:pre"> </div>to, </div><div id="a5320" style="position:absolute;font-family:'Arial';left:5px;top:425px;">but excluding, the redemption date.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a5323" style="position:absolute;font-family:'Arial';left:5px;top:454px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Indenture<div style="display:inline-block;width:6px;white-space:pre"> </div>contains<div style="display:inline-block;width:6px;white-space:pre"> </div>customary<div style="display:inline-block;width:6px;white-space:pre"> </div>events<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>default,<div style="display:inline-block;width:6px;white-space:pre"> </div>including<div style="display:inline-block;width:6px;white-space:pre"> </div>failure<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>make<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>payments,<div style="display:inline-block;width:6px;white-space:pre"> </div>failure<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a5324" style="position:absolute;font-family:'Arial';left:5px;top:469px;">comply with certain agreements<div style="display:inline-block;width:2px;white-space:pre"> </div>or covenants, failure to<div style="display:inline-block;width:2px;white-space:pre"> </div>pay or acceleration of<div style="display:inline-block;width:2px;white-space:pre"> </div>certain other indebtedness, certain </div><div id="a5325" style="position:absolute;font-family:'Arial';left:5px;top:485px;">events of<div style="display:inline-block;width:2px;white-space:pre"> </div>bankruptcy and<div style="display:inline-block;width:2px;white-space:pre"> </div>insolvency, and failure to<div style="display:inline-block;width:2px;white-space:pre"> </div>pay certain<div style="display:inline-block;width:2px;white-space:pre"> </div>judgments. An<div style="display:inline-block;width:2px;white-space:pre"> </div>event of<div style="display:inline-block;width:2px;white-space:pre"> </div>default under<div style="display:inline-block;width:2px;white-space:pre"> </div>the Indenture </div><div id="a5327" style="position:absolute;font-family:'Arial';left:5px;top:500px;">will allow either the<div style="display:inline-block;width:5px;white-space:pre"> </div>trustee or the holders<div style="display:inline-block;width:5px;white-space:pre"> </div>of at least </div><div id="a5327_57_2" style="position:absolute;font-family:'Arial';left:315px;top:500px;">25</div><div id="a5327_59_56" style="position:absolute;font-family:'Arial';left:330px;top:500px;">% in aggregate principal<div style="display:inline-block;width:5px;white-space:pre"> </div>amount of the then-outstanding </div><div id="a5333" style="position:absolute;font-family:'Arial';left:5px;top:515px;">Notes<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>accelerate,<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>certain<div style="display:inline-block;width:5px;white-space:pre"> </div>cases,<div style="display:inline-block;width:5px;white-space:pre"> </div>will<div style="display:inline-block;width:5px;white-space:pre"> </div>automatically<div style="display:inline-block;width:5px;white-space:pre"> </div>cause<div style="display:inline-block;width:5px;white-space:pre"> </div>acceleration<div style="display:inline-block;width:5px;white-space:pre"> </div>of,<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>amounts<div style="display:inline-block;width:5px;white-space:pre"> </div>due<div style="display:inline-block;width:5px;white-space:pre"> </div>under<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a5334" style="position:absolute;font-family:'Arial';left:5px;top:531px;">Notes. </div><div id="a5337" style="position:absolute;font-family:'Arial';left:5px;top:559px;">As of March 31, 2026, the Company was in compliance with all<div style="display:inline-block;width:5px;white-space:pre"> </div>applicable covenants under the Indenture.</div></div></div><div id="TextBlockContainer185" style="position:relative;line-height:normal;width:676px;height:333px;"><div id="TextContainer185" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a5343" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The carrying value<div style="display:inline-block;width:2px;white-space:pre"> </div>of debt issuance<div style="display:inline-block;width:2px;white-space:pre"> </div>costs, recorded as<div style="display:inline-block;width:2px;white-space:pre"> </div>a deduction of<div style="display:inline-block;width:2px;white-space:pre"> </div>the Notes, was<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a5343_86_3" style="position:absolute;font-family:'Arial';left:508px;top:0px;">8.7</div><div id="a5343_89_14" style="position:absolute;font-family:'Arial';left:527px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million and $</div><div id="a5343_103_3" style="position:absolute;font-family:'Arial';left:603px;top:0px;">9.2</div><div id="a5343_106_9" style="position:absolute;font-family:'Arial';left:622px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million </div><div id="a5357" style="position:absolute;font-family:'Arial';left:5px;top:15px;">at March 31, 2026 and December 31, 2025, respectively. </div><div id="a5362" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:47px;">Asset Based Revolving Credit Facility </div><div id="a5364" style="position:absolute;font-family:'Arial';left:5px;top:75px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>November<div style="display:inline-block;width:6px;white-space:pre"> </div>27,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Amendment<div style="display:inline-block;width:6px;white-space:pre"> </div>Date,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company,<div style="display:inline-block;width:7px;white-space:pre"> </div>Coronado<div style="display:inline-block;width:6px;white-space:pre"> </div>Finance<div style="display:inline-block;width:6px;white-space:pre"> </div>Pty<div style="display:inline-block;width:6px;white-space:pre"> </div>Ltd,<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>Australian </div><div id="a5365" style="position:absolute;font-family:'Arial';left:5px;top:91px;">proprietary company and<div style="display:inline-block;width:5px;white-space:pre"> </div>a wholly owned<div style="display:inline-block;width:5px;white-space:pre"> </div>subsidiary of the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company,<div style="display:inline-block;width:5px;white-space:pre"> </div>Coronado Curragh Pty<div style="display:inline-block;width:5px;white-space:pre"> </div>Ltd, an Australian </div><div id="a5366" style="position:absolute;font-family:'Arial';left:5px;top:106px;">proprietary company and wholly owned subsidiary of the Company (together with Coronado<div style="display:inline-block;width:2px;white-space:pre"> </div>Finance Pty Ltd, the </div><div id="a5368" style="position:absolute;font-family:'Arial';left:5px;top:121px;">Borrowers), and the other guarantors party thereto, collectively with the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company, the Guarantors, and, together </div><div id="a5369" style="position:absolute;font-family:'Arial';left:5px;top:137px;">with<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Borrowers,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Obligors,<div style="display:inline-block;width:6px;white-space:pre"> </div>entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>asset-based<div style="display:inline-block;width:6px;white-space:pre"> </div>lending<div style="display:inline-block;width:6px;white-space:pre"> </div>facility,<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>ABL </div><div id="a5375" style="position:absolute;font-family:'Arial';left:5px;top:152px;">Facility,<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:5px;white-space:pre"> </div>initial<div style="display:inline-block;width:5px;white-space:pre"> </div>aggregate<div style="display:inline-block;width:5px;white-space:pre"> </div>principal<div style="display:inline-block;width:5px;white-space:pre"> </div>amount<div style="display:inline-block;width:5px;white-space:pre"> </div>of $</div><div id="a5375_56_5" style="position:absolute;font-family:'Arial';left:324px;top:152px;">265.0</div><div id="a5375_61_12" style="position:absolute;font-family:'Arial';left:357px;top:152px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:5px;white-space:pre"> </div>(A$</div><div id="a5375_73_5" style="position:absolute;font-family:'Arial';left:425px;top:152px;">406.6</div><div id="a5375_78_34" style="position:absolute;font-family:'Arial';left:459px;top:152px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million)<div style="display:inline-block;width:5px;white-space:pre"> </div>with<div style="display:inline-block;width:5px;white-space:pre"> </div>Global<div style="display:inline-block;width:5px;white-space:pre"> </div>Loan<div style="display:inline-block;width:5px;white-space:pre"> </div>Agency </div><div id="a5379" style="position:absolute;font-family:'Arial';left:5px;top:167px;">Services Australia<div style="display:inline-block;width:6px;white-space:pre"> </div>Pty Ltd,<div style="display:inline-block;width:6px;white-space:pre"> </div>as the<div style="display:inline-block;width:5px;white-space:pre"> </div>Administrative Agent,<div style="display:inline-block;width:6px;white-space:pre"> </div>Global Loan<div style="display:inline-block;width:6px;white-space:pre"> </div>Agency Services<div style="display:inline-block;width:6px;white-space:pre"> </div>Australia Nominees<div style="display:inline-block;width:6px;white-space:pre"> </div>Pty </div><div id="a5380" style="position:absolute;font-family:'Arial';left:5px;top:183px;">Ltd, as Collateral Agent, and Stanwell Corporation Limited,<div style="display:inline-block;width:5px;white-space:pre"> </div>or Stanwell, as Lender.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a5385" style="position:absolute;font-family:'Arial';left:5px;top:211px;">The ABL Facility is<div style="display:inline-block;width:2px;white-space:pre"> </div>a revolving credit facility<div style="display:inline-block;width:2px;white-space:pre"> </div>that matures in </div><div id="a5385_64_10" style="position:absolute;font-family:'Arial';left:350px;top:211px;">five years</div><div id="a5385_74_49" style="position:absolute;font-family:'Arial';left:406px;top:211px;">. Availability under the<div style="display:inline-block;width:2px;white-space:pre"> </div>ABL Facility is limited </div><div id="a5386" style="position:absolute;font-family:'Arial';left:5px;top:227px;">to an eligible<div style="display:inline-block;width:6px;white-space:pre"> </div>borrowing base,<div style="display:inline-block;width:5px;white-space:pre"> </div>determined by<div style="display:inline-block;width:5px;white-space:pre"> </div>applying customary<div style="display:inline-block;width:5px;white-space:pre"> </div>advance rates<div style="display:inline-block;width:5px;white-space:pre"> </div>to eligible accounts<div style="display:inline-block;width:6px;white-space:pre"> </div>receivable </div><div id="a5387" style="position:absolute;font-family:'Arial';left:5px;top:242px;">and inventory.<div style="display:inline-block;width:6px;white-space:pre"> </div>Borrowings under<div style="display:inline-block;width:5px;white-space:pre"> </div>the ABL Facility<div style="display:inline-block;width:6px;white-space:pre"> </div>bear interest<div style="display:inline-block;width:5px;white-space:pre"> </div>at a rate<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a5387_76_1" style="position:absolute;font-family:'Arial';left:449px;top:242px;">9</div><div id="a5387_77_32" style="position:absolute;font-family:'Arial';left:456px;top:242px;">% per annum,<div style="display:inline-block;width:6px;white-space:pre"> </div>which may increase </div><div id="a5389" style="position:absolute;font-family:'Arial';left:5px;top:257px;">to </div><div id="a5389_3_2" style="position:absolute;font-family:'Arial';left:20px;top:257px;">12</div><div id="a5389_5_65" style="position:absolute;font-family:'Arial';left:34px;top:257px;">% per annum depending on the level of the<div style="display:inline-block;width:5px;white-space:pre"> </div>Borrowing Base Ratio.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a5391" style="position:absolute;font-family:'Arial';left:5px;top:286px;">As of<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:2px;white-space:pre"> </div>aggregate principal amount<div style="display:inline-block;width:2px;white-space:pre"> </div>outstanding of<div style="display:inline-block;width:2px;white-space:pre"> </div>the ABL<div style="display:inline-block;width:2px;white-space:pre"> </div>Facility was $</div><div id="a5391_90_5" style="position:absolute;font-family:'Arial';left:532px;top:286px;">278.3</div><div id="a5391_95_12" style="position:absolute;font-family:'Arial';left:565px;top:286px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million (A$</div><div id="a5391_107_5" style="position:absolute;font-family:'Arial';left:629px;top:286px;">406.6</div><div id="a5396" style="position:absolute;font-family:'Arial';left:5px;top:301px;">million), including<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a5396_21_4" style="position:absolute;font-family:'Arial';left:116px;top:301px;">13.3</div><div id="a5396_25_96" style="position:absolute;font-family:'Arial';left:142px;top:301px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million of<div style="display:inline-block;width:2px;white-space:pre"> </div>foreign currency loss<div style="display:inline-block;width:2px;white-space:pre"> </div>on translation<div style="display:inline-block;width:2px;white-space:pre"> </div>to U.S.<div style="display:inline-block;width:2px;white-space:pre"> </div>dollars, being<div style="display:inline-block;width:2px;white-space:pre"> </div>the functional<div style="display:inline-block;width:2px;white-space:pre"> </div>currency </div><div id="a5402" style="position:absolute;font-family:'Arial';left:5px;top:317px;">of Coronado Finance Pty Ltd. </div></div></div><div id="TextBlockContainer188" style="position:relative;line-height:normal;width:676px;height:661px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer188" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a5417" style="position:absolute;font-family:'Arial';left:5px;top:0px;">Amounts outstanding<div style="display:inline-block;width:5px;white-space:pre"> </div>under the<div style="display:inline-block;width:5px;white-space:pre"> </div>ABL Facility<div style="display:inline-block;width:5px;white-space:pre"> </div>are secured<div style="display:inline-block;width:5px;white-space:pre"> </div>by (i)<div style="display:inline-block;width:5px;white-space:pre"> </div>a first-priority<div style="display:inline-block;width:5px;white-space:pre"> </div>lien in<div style="display:inline-block;width:5px;white-space:pre"> </div>the ABL<div style="display:inline-block;width:5px;white-space:pre"> </div>Priority Collateral, </div><div id="a5422" style="position:absolute;font-family:'Arial';left:5px;top:15px;">and (ii) a second-priority lien on substantially all of the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company’s assets and the assets of the guarantors, other </div><div id="a5425" style="position:absolute;font-family:'Arial';left:5px;top:31px;">than the ABL Priority Collateral.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a5429" style="position:absolute;font-family:'Arial';left:5px;top:59px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>ABL<div style="display:inline-block;width:5px;white-space:pre"> </div>Facility<div style="display:inline-block;width:5px;white-space:pre"> </div>contains<div style="display:inline-block;width:6px;white-space:pre"> </div>customary<div style="display:inline-block;width:5px;white-space:pre"> </div>representations<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>warranties<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>affirmative<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>negative<div style="display:inline-block;width:5px;white-space:pre"> </div>covenants </div><div id="a5430" style="position:absolute;font-family:'Arial';left:5px;top:75px;">including, among others, a quarterly Borrowing<div style="display:inline-block;width:5px;white-space:pre"> </div>Base Ratio test and, from December 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2027, the maintenance </div><div id="a5431" style="position:absolute;font-family:'Arial';left:5px;top:90px;">of a gearing ratio and interest coverage ratio. </div><div id="a5434" style="position:absolute;font-family:'Arial';left:5px;top:119px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>ABL Facility<div style="display:inline-block;width:7px;white-space:pre"> </div>provides<div style="display:inline-block;width:5px;white-space:pre"> </div>for customary<div style="display:inline-block;width:7px;white-space:pre"> </div>events<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>default<div style="display:inline-block;width:5px;white-space:pre"> </div>that<div style="display:inline-block;width:5px;white-space:pre"> </div>may<div style="display:inline-block;width:5px;white-space:pre"> </div>trigger<div style="display:inline-block;width:5px;white-space:pre"> </div>certain<div style="display:inline-block;width:5px;white-space:pre"> </div>repayment<div style="display:inline-block;width:5px;white-space:pre"> </div>obligations<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a5435" style="position:absolute;font-family:'Arial';left:5px;top:134px;">review events. A review event will<div style="display:inline-block;width:2px;white-space:pre"> </div>occur under the ABL Facility if<div style="display:inline-block;width:2px;white-space:pre"> </div>the Borrowing Base Ratio is below<div style="display:inline-block;width:2px;white-space:pre"> </div>the specified </div><div id="a5436" style="position:absolute;font-family:'Arial';left:5px;top:149px;">minimum threshold of </div><div id="a5436_21_2" style="position:absolute;font-family:'Arial';left:136px;top:149px;">80</div><div id="a5436_23_84" style="position:absolute;font-family:'Arial';left:151px;top:149px;">%. Following the occurrence<div style="display:inline-block;width:5px;white-space:pre"> </div>of a review event, the Borrowers<div style="display:inline-block;width:6px;white-space:pre"> </div>must promptly meet and </div><div id="a5438" style="position:absolute;font-family:'Arial';left:5px;top:165px;">consult<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>good faith<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Administrative<div style="display:inline-block;width:5px;white-space:pre"> </div>Agent<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Lender<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>determine<div style="display:inline-block;width:5px;white-space:pre"> </div>whether<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Borrowing<div style="display:inline-block;width:5px;white-space:pre"> </div>Base </div><div id="a5439" style="position:absolute;font-family:'Arial';left:5px;top:180px;">Ratio on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>next testing<div style="display:inline-block;width:6px;white-space:pre"> </div>date<div style="display:inline-block;width:5px;white-space:pre"> </div>will<div style="display:inline-block;width:5px;white-space:pre"> </div>be<div style="display:inline-block;width:5px;white-space:pre"> </div>above<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>specified<div style="display:inline-block;width:5px;white-space:pre"> </div>minimum<div style="display:inline-block;width:5px;white-space:pre"> </div>threshold.<div style="display:inline-block;width:5px;white-space:pre"> </div>If,<div style="display:inline-block;width:5px;white-space:pre"> </div>at the<div style="display:inline-block;width:6px;white-space:pre"> </div>end<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>a period<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a5439_108_2" style="position:absolute;font-family:'Arial';left:648px;top:180px;">10</div><div id="a5441" style="position:absolute;font-family:'Arial';left:5px;top:195px;">business days after<div style="display:inline-block;width:2px;white-space:pre"> </div>the occurrence of<div style="display:inline-block;width:2px;white-space:pre"> </div>the review event,<div style="display:inline-block;width:2px;white-space:pre"> </div>the Lender is<div style="display:inline-block;width:2px;white-space:pre"> </div>not satisfied with<div style="display:inline-block;width:2px;white-space:pre"> </div>the result<div style="display:inline-block;width:2px;white-space:pre"> </div>of its<div style="display:inline-block;width:2px;white-space:pre"> </div>discussions </div><div id="a5442" style="position:absolute;font-family:'Arial';left:5px;top:211px;">with<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Borrowers,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Lender<div style="display:inline-block;width:6px;white-space:pre"> </div>may<div style="display:inline-block;width:5px;white-space:pre"> </div>require<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Borrowers<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>repay<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>borrowings<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>aggregate </div><div id="a5444" style="position:absolute;font-family:'Arial';left:5px;top:226px;">amount sufficient to restore the Borrowing Base Ratio<div style="display:inline-block;width:5px;white-space:pre"> </div>to the specified minimum threshold. </div><div id="a5446" style="position:absolute;font-family:'Arial';left:5px;top:255px;">In the event of a<div style="display:inline-block;width:2px;white-space:pre"> </div>default by the Borrowers (beyond any applicable<div style="display:inline-block;width:2px;white-space:pre"> </div>grace or cure period, if any),<div style="display:inline-block;width:2px;white-space:pre"> </div>the Administrative </div><div id="a5447" style="position:absolute;font-family:'Arial';left:5px;top:270px;">Agent may and,<div style="display:inline-block;width:2px;white-space:pre"> </div>at the direction<div style="display:inline-block;width:2px;white-space:pre"> </div>of the Lender<div style="display:inline-block;width:2px;white-space:pre"> </div>shall, declare all<div style="display:inline-block;width:2px;white-space:pre"> </div>amounts owing under the<div style="display:inline-block;width:2px;white-space:pre"> </div>ABL Facility immediately </div><div id="a5451" style="position:absolute;font-family:'Arial';left:5px;top:285px;">due and payable, terminate the Lender’s commitment<div style="display:inline-block;width:5px;white-space:pre"> </div>to make loans under the ABL<div style="display:inline-block;width:5px;white-space:pre"> </div>Facility and/or exercise any </div><div id="a5452" style="position:absolute;font-family:'Arial';left:5px;top:301px;">and all remedies and other rights under the ABL Facility. </div><div id="a5454" style="position:absolute;font-family:'Arial';left:5px;top:329px;">In connection with the entry into the ABL<div style="display:inline-block;width:2px;white-space:pre"> </div>Facility, the Company also entered into amendments to its existing coal </div><div id="a5456" style="position:absolute;font-family:'Arial';left:5px;top:345px;">supply agreements with Stanwell. Refer to Note 11.<div style="display:inline-block;width:6px;white-space:pre"> </div>“Stanwell Liabilities” for further information. </div><div id="a5462" style="position:absolute;font-family:'Arial';left:5px;top:373px;">The carrying value of<div style="display:inline-block;width:5px;white-space:pre"> </div>debt issuance costs,<div style="display:inline-block;width:5px;white-space:pre"> </div>recorded as “Other<div style="display:inline-block;width:5px;white-space:pre"> </div>non-current assets” in<div style="display:inline-block;width:5px;white-space:pre"> </div>the Consolidated Balance </div><div id="a5465" style="position:absolute;font-family:'Arial';left:5px;top:389px;">Sheets,<div style="display:inline-block;width:6px;white-space:pre"> </div>was<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a5465_13_3" style="position:absolute;font-family:'Arial';left:93px;top:389px;">0.9</div><div id="a5465_16_14" style="position:absolute;font-family:'Arial';left:112px;top:389px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>million<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a5465_30_3" style="position:absolute;font-family:'Arial';left:197px;top:389px;">1.0</div><div id="a5465_33_72" style="position:absolute;font-family:'Arial';left:216px;top:389px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>million,<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>is </div><div id="a5476" style="position:absolute;font-family:'Arial';left:5px;top:404px;">amortized ratably over the term of the ABL Facility.<div style="display:inline-block;width:6px;white-space:pre"> </div></div><div id="a5478" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:435px;">Loan – Curragh Housing Transaction </div><div id="a5483" style="position:absolute;font-family:'Arial';left:5px;top:464px;">On<div style="display:inline-block;width:7px;white-space:pre"> </div>May<div style="display:inline-block;width:7px;white-space:pre"> </div>16,<div style="display:inline-block;width:7px;white-space:pre"> </div>2024,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>completed<div style="display:inline-block;width:7px;white-space:pre"> </div>an<div style="display:inline-block;width:7px;white-space:pre"> </div>agreement<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>accommodation<div style="display:inline-block;width:7px;white-space:pre"> </div>services<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>sale<div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a5496" style="position:absolute;font-family:'Arial';left:5px;top:479px;">leaseback<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>housing<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>accommodation<div style="display:inline-block;width:6px;white-space:pre"> </div>assets<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>regional<div style="display:inline-block;width:6px;white-space:pre"> </div>infrastructure<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>accommodation<div style="display:inline-block;width:6px;white-space:pre"> </div>service </div><div id="a5500" style="position:absolute;font-family:'Arial';left:5px;top:495px;">provider, or collectively, the Curragh<div style="display:inline-block;width:2px;white-space:pre"> </div>Housing Transaction. Refer<div style="display:inline-block;width:2px;white-space:pre"> </div>to Note<div style="display:inline-block;width:2px;white-space:pre"> </div>12. “Other<div style="display:inline-block;width:2px;white-space:pre"> </div>Financial Liabilities”<div style="display:inline-block;width:2px;white-space:pre"> </div>for further </div><div id="a5509" style="position:absolute;font-family:'Arial';left:5px;top:510px;">information. </div><div id="a5511" style="position:absolute;font-family:'Arial';left:5px;top:539px;">In connection with the Curragh Housing Transaction, the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company borrowed $</div><div id="a5511_74_4" style="position:absolute;font-family:'Arial';left:468px;top:539px;">26.9</div><div id="a5511_78_12" style="position:absolute;font-family:'Arial';left:494px;top:539px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million (A$</div><div id="a5511_90_4" style="position:absolute;font-family:'Arial';left:560px;top:539px;">40.4</div><div id="a5511_94_15" style="position:absolute;font-family:'Arial';left:586px;top:539px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million) from </div><div id="a5512" style="position:absolute;font-family:'Arial';left:5px;top:554px;">the same<div style="display:inline-block;width:6px;white-space:pre"> </div>regional<div style="display:inline-block;width:5px;white-space:pre"> </div>infrastructure<div style="display:inline-block;width:5px;white-space:pre"> </div>and accommodation<div style="display:inline-block;width:6px;white-space:pre"> </div>service provider.<div style="display:inline-block;width:7px;white-space:pre"> </div>This amount<div style="display:inline-block;width:6px;white-space:pre"> </div>was recorded<div style="display:inline-block;width:6px;white-space:pre"> </div>as “Interest </div><div id="a5513" style="position:absolute;font-family:'Arial';left:5px;top:569px;">Bearing Liabilities” in the unaudited Condensed Consolidated Balance Sheets. The amount borrowed is payable </div><div id="a5515" style="position:absolute;font-family:'Arial';left:5px;top:585px;">in equal monthly<div style="display:inline-block;width:6px;white-space:pre"> </div>installments over<div style="display:inline-block;width:5px;white-space:pre"> </div>a period<div style="display:inline-block;width:5px;white-space:pre"> </div>of </div><div id="a5515_47_9" style="position:absolute;font-family:'Arial';left:281px;top:585px;">ten years</div><div id="a5515_56_55" style="position:absolute;font-family:'Arial';left:337px;top:585px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>from commencement,<div style="display:inline-block;width:5px;white-space:pre"> </div>with an<div style="display:inline-block;width:5px;white-space:pre"> </div>effective interest<div style="display:inline-block;width:5px;white-space:pre"> </div>rate of </div><div id="a5516" style="position:absolute;font-family:'Arial';left:5px;top:600px;">14.14</div><div id="a5516_5_83" style="position:absolute;font-family:'Arial';left:38px;top:600px;">%. The Curragh Housing Transaction<div style="display:inline-block;width:5px;white-space:pre"> </div>loan is not subject to any financial covenants. </div><div id="a5519" style="position:absolute;font-family:'Arial';left:5px;top:629px;">The carrying value of the<div style="display:inline-block;width:2px;white-space:pre"> </div>loan, net of issuance costs of<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a5519_58_3" style="position:absolute;font-family:'Arial';left:334px;top:629px;">1.0</div><div id="a5519_61_15" style="position:absolute;font-family:'Arial';left:353px;top:629px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million, was $</div><div id="a5519_76_4" style="position:absolute;font-family:'Arial';left:435px;top:629px;">23.8</div><div id="a5519_80_32" style="position:absolute;font-family:'Arial';left:461px;top:629px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million as of March 31, 2026,<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a5519_112_3" style="position:absolute;font-family:'Arial';left:644px;top:629px;">1.8</div><div id="a5533" style="position:absolute;font-family:'Arial';left:5px;top:644px;">million of which is classified as a current liability.</div></div></div>
<div id="TextBlockContainer174" style="position:relative;line-height:normal;width:668px;height:302px;"><div style="position:absolute; width:234.1px; height:1px; left:4.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:92px; height:1px; left:479.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:571.1px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:15.4px; height:1px; left:571.7px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:72px; height:1px; left:593px; top:74.7px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:151.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:256.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:98.4px; height:1px; left:257.6px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:375.1px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:97.3px; height:1px; left:375.7px; top:187.9px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:244.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:256.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:256.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:96.2px; height:1px; left:259.8px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:96.2px; height:1px; left:259.8px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13.1px; height:1px; left:361.9px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:375.1px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:375.1px; top:210.5px; background-color:#000000; "> </div>
<div style="position:absolute; width:95px; height:1px; left:377.9px; top:208.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:95px; height:1px; left:377.9px; top:210.5px; background-color:#000000; "> </div>
<div id="TextContainer174" style="position:relative;width:668px;z-index:1;font-size:13.28px;"><div id="a5019" style="position:absolute;font-family:'Arial';left:8px;top:0px;">The following is a summary of interest-bearing liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>as at March 31, 2026: </div><div id="a5035" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:63px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>(in US$ thousands) </div><div id="a5039" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:263px;top:63px;">March 31, 2026 </div><div id="a5042" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:369px;top:63px;">December 31, 2025 </div><div id="a5045" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:486px;top:38px;">Weighted Average </div><div id="a5046" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:494px;top:50px;">Interest Rate at<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a5048" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:495px;top:63px;">March 31, 2026 </div><div id="a5051" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:617px;top:50px;">Final </div><div id="a5052" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:608px;top:63px;">Maturity </div><div id="a5054_1_5" style="position:absolute;font-family:'Arial';left:11px;top:76px;">9.250</div><div id="a5054_6_23" style="position:absolute;font-family:'Arial';left:45px;top:76px;">% Senior Secured Notes </div><div id="a5058" style="position:absolute;font-family:'Arial';left:248px;top:76px;">$ </div><div id="a5060" style="position:absolute;font-family:'Arial';left:301px;top:76px;">400,000</div><div id="a5063" style="position:absolute;font-family:'Arial';left:365px;top:76px;">$ </div><div id="a5065" style="position:absolute;font-family:'Arial';left:418px;top:76px;">400,000</div><div id="a5068" style="position:absolute;font-family:'Arial';left:531px;top:76px;">9.99</div><div id="a5068_4_2" style="position:absolute;font-family:'Arial';left:556px;top:76px;">% </div><div id="a5070" style="position:absolute;font-family:'Arial';font-size:8.64px;left:574px;top:77px;">(2) </div><div id="a5073" style="position:absolute;font-family:'Arial';left:614px;top:76px;">2029</div><div id="a5075" style="position:absolute;font-family:'Arial';left:8px;top:93px;">ABL Facility </div><div id="a5079" style="position:absolute;font-family:'Arial';left:301px;top:93px;">278,295</div><div id="a5083" style="position:absolute;font-family:'Arial';left:418px;top:93px;">272,115</div><div id="a5086" style="position:absolute;font-family:'Arial';left:531px;top:93px;">9</div><div id="a5086_1_5" style="position:absolute;font-family:'Arial';left:538px;top:93px;">.00% </div><div id="a5090" style="position:absolute;font-family:'Arial';left:614px;top:93px;">2030</div><div id="a5092" style="position:absolute;font-family:'Arial';left:8px;top:112px;">Loan - Curragh Housing Transaction </div><div id="a5099" style="position:absolute;font-family:'Arial';left:309px;top:112px;">24,860</div><div id="a5103" style="position:absolute;font-family:'Arial';left:425px;top:112px;">24,748</div><div id="a5106" style="position:absolute;font-family:'Arial';left:523px;top:112px;">14.14</div><div id="a5106_5_2" style="position:absolute;font-family:'Arial';left:556px;top:112px;">% </div><div id="a5108" style="position:absolute;font-family:'Arial';font-size:8.64px;left:574px;top:113px;">(2) </div><div id="a5111" style="position:absolute;font-family:'Arial';left:614px;top:112px;">2034</div><div id="a5113" style="position:absolute;font-family:'Arial';left:8px;top:133px;">Debt issuance costs</div><div id="a5114" style="position:absolute;font-family:'Arial';font-size:8.64px;left:127px;top:134px;">(1)</div><div id="a5118" style="position:absolute;font-family:'Arial';left:311px;top:133px;display:flex;">(9,684)</div><div id="a5122" style="position:absolute;font-family:'Arial';left:421px;top:133px;display:flex;">(10,203)</div><div id="a5129" style="position:absolute;font-family:'Arial';left:8px;top:153px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>interest bearing liabilities </div><div id="a5133" style="position:absolute;font-family:'Arial';left:301px;top:153px;">693,471</div><div id="a5137" style="position:absolute;font-family:'Arial';left:418px;top:153px;">686,660</div><div id="a5144" style="position:absolute;font-family:'Arial';left:8px;top:170px;">Less: current portion </div><div id="a5148" style="position:absolute;font-family:'Arial';left:311px;top:170px;display:flex;">(1,764)</div><div id="a5152" style="position:absolute;font-family:'Arial';left:428px;top:170px;display:flex;">(1,671)</div><div id="a5159" style="position:absolute;font-family:'Arial';left:8px;top:191px;">Non-current interest-bearing liabilities </div><div id="a5166" style="position:absolute;font-family:'Arial';left:248px;top:191px;">$ </div><div id="a5168" style="position:absolute;font-family:'Arial';left:301px;top:191px;">691,707</div><div id="a5171" style="position:absolute;font-family:'Arial';left:365px;top:191px;">$ </div><div id="a5173" style="position:absolute;font-family:'Arial';left:418px;top:191px;">684,989</div><div id="a5192" style="position:absolute;font-family:'Arial';font-size:6.72px;left:8px;top:228px;">(1) </div><div id="a5193" style="position:absolute;font-family:'Arial';font-size:10.72px;left:18px;top:228px;">Relates to debt issuance costs in connection with<div style="display:inline-block;width:1px;white-space:pre"> </div>the Notes and Curragh Housing Transaction (each as defined<div style="display:inline-block;width:2px;white-space:pre"> </div>below) loan. Deferred </div><div id="a5195" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:240px;">debt issuance costs incurred in connection with<div style="display:inline-block;width:2px;white-space:pre"> </div>the establishment of the ABL Facility (as defined<div style="display:inline-block;width:2px;white-space:pre"> </div>below) have been included within "Other </div><div id="a5197" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:252px;">non-current assets" in the unaudited Condensed Consolidated<div style="display:inline-block;width:1px;white-space:pre"> </div>Balance Sheets. </div><div id="a5201" style="position:absolute;font-family:'Arial';font-size:6.72px;left:8px;top:276px;">(2)</div><div id="a5202" style="position:absolute;font-family:'Arial';font-size:10.72px;left:16px;top:277px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>Represents the effective interest rate. The effective interest<div style="display:inline-block;width:2px;white-space:pre"> </div>is higher than the implied interest rate as<div style="display:inline-block;width:2px;white-space:pre"> </div>it incorporates the effect of debt </div><div id="a5205" style="position:absolute;font-family:'Arial';font-size:10.72px;left:8px;top:289px;">issuance costs and discount, where applicable.</div></div></div>
0.09250
0.09250
400000000
400000000
0.0999
2029
278295000
272115000
0.09
2030
24860000
24748000
0.1414
2034
9684000
10203000
693471000
686660000
1764000
1671000
691707000
684989000
0.09250
400000000.0
0.09250
1.01
1.01
0.90
1
0.25
8700000
9200000
265000000.0
406600000
P5Y
0.09
0.12
278300000
406600000
13300000
0.80
P10D
900000
1000000.0
26900000
40400000
P10Y
0.1414
1000000.0
23800000
1800000
<div id="TextBlockContainer191" style="position:relative;line-height:normal;width:182px;height:17px;"><div id="TextContainer191" style="position:relative;width:182px;z-index:1;font-size:13.28px;"><div id="a5536" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">11.<div style="display:inline-block;width:30px;white-space:pre"> </div>Stanwell Liabilities</div></div></div><div id="TextBlockContainer197" style="position:relative;line-height:normal;width:669px;height:96px;"><div id="div_194_XBRL_TS_4c635c558f54495fb4b5dd7a3b96ce16" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer195" style="position:relative;line-height:normal;width:669px;height:96px;"><div style="position:absolute; width:470.2px; height:1px; left:3.9px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:486.1px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:498.1px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:498.7px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:578.1px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:590.1px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:590.7px; top:24.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:486.1px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:498.1px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:498.7px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:578.1px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:590.1px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:73.3px; height:1px; left:590.7px; top:76px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:486.1px; top:94.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:498.1px; top:94.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:71.1px; height:1px; left:500.9px; top:94.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:578.1px; top:94.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:590.1px; top:94.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:71px; height:1px; left:593px; top:94.7px; background-color:#000000; "> </div>
<div id="TextContainer195" style="position:relative;width:669px;z-index:1;font-size:13.28px;"><div id="a5540" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:12px;">(in US$ thousands) </div><div id="a5544" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:12px;">March 31, 2026 </div><div id="a5547" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a5548" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a5550" style="position:absolute;font-family:'Arial';left:7px;top:27px;">Stanwell Reserved Area deferred consideration </div><div id="a5554" style="position:absolute;font-family:'Arial';left:489px;top:27px;">$ </div><div id="a5556" style="position:absolute;font-family:'Arial';left:517px;top:27px;">365,493</div><div id="a5559" style="position:absolute;font-family:'Arial';left:581px;top:27px;">$ </div><div id="a5561" style="position:absolute;font-family:'Arial';left:609px;top:27px;">346,768</div><div id="a5563" style="position:absolute;font-family:'Arial';left:7px;top:44px;">Stanwell Prepaid coal supply liability </div><div id="a5568" style="position:absolute;font-family:'Arial';left:517px;top:44px;">171,638</div><div id="a5572" style="position:absolute;font-family:'Arial';left:609px;top:44px;">155,027</div><div id="a5574" style="position:absolute;font-family:'Arial';left:7px;top:61px;">Stanwell Prepayment and deferred payment </div><div id="a5579" style="position:absolute;font-family:'Arial';left:525px;top:61px;">25,830</div><div id="a5583" style="position:absolute;font-family:'Arial';left:644px;top:61px;">—</div><div id="a5588" style="position:absolute;font-family:'Arial';left:489px;top:80px;">$ </div><div id="a5590" style="position:absolute;font-family:'Arial';left:517px;top:80px;">562,961</div><div id="a5593" style="position:absolute;font-family:'Arial';left:581px;top:80px;">$ </div><div id="a5595" style="position:absolute;font-family:'Arial';left:609px;top:80px;">501,795</div></div></div></div></div><div id="TextBlockContainer200" style="position:relative;line-height:normal;width:676px;height:870px;"><div id="TextContainer200" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a5618" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:0px;">Stanwell deferred consideration liability </div><div id="a5626" style="position:absolute;font-family:'Arial';left:5px;top:29px;">On August 14, 2018, the Company completed the acquisition of rights to mine in the Stanwell Reserved Area, or </div><div id="a5664" style="position:absolute;font-family:'Arial';left:5px;top:44px;">the<div style="display:inline-block;width:7px;white-space:pre"> </div>SRA,<div style="display:inline-block;width:8px;white-space:pre"> </div>adjacent<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>current<div style="display:inline-block;width:8px;white-space:pre"> </div>Curragh<div style="display:inline-block;width:8px;white-space:pre"> </div>mining<div style="display:inline-block;width:8px;white-space:pre"> </div>tenements.<div style="display:inline-block;width:8px;white-space:pre"> </div>These<div style="display:inline-block;width:8px;white-space:pre"> </div>rights<div style="display:inline-block;width:8px;white-space:pre"> </div>were<div style="display:inline-block;width:7px;white-space:pre"> </div>acquired<div style="display:inline-block;width:8px;white-space:pre"> </div>on<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>deferred </div><div id="a5696" style="position:absolute;font-family:'Arial';left:5px;top:59px;">consideration<div style="display:inline-block;width:5px;white-space:pre"> </div>basis,<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>on<div style="display:inline-block;width:5px;white-space:pre"> </div>acquisition<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>recognized<div style="display:inline-block;width:5px;white-space:pre"> </div>a “Mineral<div style="display:inline-block;width:6px;white-space:pre"> </div>rights<div style="display:inline-block;width:5px;white-space:pre"> </div>and reserves”<div style="display:inline-block;width:7px;white-space:pre"> </div>asset<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>a </div><div id="a5729" style="position:absolute;font-family:'Arial';left:5px;top:75px;">corresponding deferred consideration liability of<div style="display:inline-block;width:2px;white-space:pre"> </div>$</div><div id="a5729_51_5" style="position:absolute;font-family:'Arial';left:293px;top:75px;">155.2</div><div id="a5729_56_12" style="position:absolute;font-family:'Arial';left:326px;top:75px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million (A$</div><div id="a5729_68_5" style="position:absolute;font-family:'Arial';left:392px;top:75px;">210.0</div><div id="a5729_73_44" style="position:absolute;font-family:'Arial';left:425px;top:75px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million), calculated using the<div style="display:inline-block;width:2px;white-space:pre"> </div>contractual </div><div id="a5755" style="position:absolute;font-family:'Arial';left:5px;top:90px;">pre-tax discount rate of </div><div id="a5755_25_2" style="position:absolute;font-family:'Arial';left:145px;top:90px;">13</div><div id="a5755_27_87" style="position:absolute;font-family:'Arial';left:160px;top:90px;">%, which represented the fair value of the arrangement at the date of acquisition.<div style="display:inline-block;width:5px;white-space:pre"> </div>The </div><div id="a5796" style="position:absolute;font-family:'Arial';left:5px;top:105px;">deferred consideration liability reflects the passage<div style="display:inline-block;width:5px;white-space:pre"> </div>of time by way of an annual accretion<div style="display:inline-block;width:5px;white-space:pre"> </div>at the contractual pre-</div><div id="a5832" style="position:absolute;font-family:'Arial';left:5px;top:121px;">tax discount rate<div style="display:inline-block;width:5px;white-space:pre"> </div>of </div><div id="a5832_21_2" style="position:absolute;font-family:'Arial';left:123px;top:121px;">13</div><div id="a5832_23_91" style="position:absolute;font-family:'Arial';left:138px;top:121px;">% and will<div style="display:inline-block;width:5px;white-space:pre"> </div>be settled as<div style="display:inline-block;width:5px;white-space:pre"> </div>a discount to<div style="display:inline-block;width:6px;white-space:pre"> </div>the price of<div style="display:inline-block;width:5px;white-space:pre"> </div>thermal coal supplied<div style="display:inline-block;width:6px;white-space:pre"> </div>to Stanwell over </div><div id="a5877" style="position:absolute;font-family:'Arial';left:5px;top:136px;">the term of a<div style="display:inline-block;width:2px;white-space:pre"> </div>New Coal Supply Agreement which is expected<div style="display:inline-block;width:2px;white-space:pre"> </div>to commence in the first half<div style="display:inline-block;width:2px;white-space:pre"> </div>of 2027. The accretion </div><div id="a5919" style="position:absolute;font-family:'Arial';left:5px;top:151px;">of the deferred consideration liability is recognized within “Interest expense, net” in the Condensed Consolidated </div><div id="a5949" style="position:absolute;font-family:'Arial';left:5px;top:167px;">Statements<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>Operations<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>Comprehensive<div style="display:inline-block;width:7px;white-space:pre"> </div>Income.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>right-to-mine-asset<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>amortized<div style="display:inline-block;width:7px;white-space:pre"> </div>over<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>coal </div><div id="a5982" style="position:absolute;font-family:'Arial';left:5px;top:182px;">reserves mined from the SRA. </div><div id="a5992" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:211px;">Stanwell – Prepaid Coal Supply Liability </div><div id="a6004" style="position:absolute;font-family:'Arial';left:5px;top:239px;">On June 10, 2025, the Company and<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell entered into a deed of amendment<div style="display:inline-block;width:1px;white-space:pre"> </div>,<div style="display:inline-block;width:4px;white-space:pre"> </div>or the First Amendment, and </div><div id="a6043" style="position:absolute;font-family:'Arial';left:5px;top:255px;">amended the<div style="display:inline-block;width:6px;white-space:pre"> </div>New Coal<div style="display:inline-block;width:6px;white-space:pre"> </div>Supply Agreement<div style="display:inline-block;width:6px;white-space:pre"> </div>dated July<div style="display:inline-block;width:6px;white-space:pre"> </div>12, 2019,<div style="display:inline-block;width:6px;white-space:pre"> </div>or the<div style="display:inline-block;width:6px;white-space:pre"> </div>NCSA, and<div style="display:inline-block;width:6px;white-space:pre"> </div>the Amended<div style="display:inline-block;width:6px;white-space:pre"> </div>Coal Supply </div><div id="a6079" style="position:absolute;font-family:'Arial';left:5px;top:270px;">Agreement,<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>ACSA,<div style="display:inline-block;width:5px;white-space:pre"> </div>whereby<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell<div style="display:inline-block;width:5px;white-space:pre"> </div>provided<div style="display:inline-block;width:5px;white-space:pre"> </div>near-term<div style="display:inline-block;width:5px;white-space:pre"> </div>liquidity<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>exchange<div style="display:inline-block;width:5px;white-space:pre"> </div>for<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a6113" style="position:absolute;font-family:'Arial';left:5px;top:285px;">supply of additional tonnage of thermal coal under the<div style="display:inline-block;width:5px;white-space:pre"> </div>NCSA.</div><div id="a6133" style="position:absolute;font-family:'Arial';left:5px;top:314px;">The First Amendment<div style="display:inline-block;width:5px;white-space:pre"> </div>included a prepayment<div style="display:inline-block;width:5px;white-space:pre"> </div>for thermal coal<div style="display:inline-block;width:5px;white-space:pre"> </div>and a rebate waiver<div style="display:inline-block;width:5px;white-space:pre"> </div>and deferral from<div style="display:inline-block;width:5px;white-space:pre"> </div>April 2025 </div><div id="a6169" style="position:absolute;font-family:'Arial';left:5px;top:329px;">to December<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, both<div style="display:inline-block;width:5px;white-space:pre"> </div>of which<div style="display:inline-block;width:5px;white-space:pre"> </div>will be settled<div style="display:inline-block;width:6px;white-space:pre"> </div>through reduction<div style="display:inline-block;width:5px;white-space:pre"> </div>of the gross<div style="display:inline-block;width:6px;white-space:pre"> </div>proceeds to<div style="display:inline-block;width:5px;white-space:pre"> </div>be received<div style="display:inline-block;width:5px;white-space:pre"> </div>on the </div><div id="a6209" style="position:absolute;font-family:'Arial';left:5px;top:345px;">physical delivery of thermal coal to Stanwell,<div style="display:inline-block;width:2px;white-space:pre"> </div>expected to commence in the first<div style="display:inline-block;width:2px;white-space:pre"> </div>half of 2027, or the<div style="display:inline-block;width:2px;white-space:pre"> </div>NCSA Supply </div><div id="a6249" style="position:absolute;font-family:'Arial';left:5px;top:360px;">Commencement Date, of<div style="display:inline-block;width:6px;white-space:pre"> </div>up to </div><div id="a6249_28_3" style="position:absolute;font-family:'Arial';left:192px;top:360px;">0.8</div><div id="a6249_31_20" style="position:absolute;font-family:'Arial';left:211px;top:360px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>MMt per annum<div style="display:inline-block;width:5px;white-space:pre"> </div>over </div><div id="a6249_51_10" style="position:absolute;font-family:'Arial';left:344px;top:360px;">five years</div><div id="a6249_61_50" style="position:absolute;font-family:'Arial';left:401px;top:360px;">, or until<div style="display:inline-block;width:5px;white-space:pre"> </div>such time that<div style="display:inline-block;width:5px;white-space:pre"> </div>the obligation is<div style="display:inline-block;width:5px;white-space:pre"> </div>fully </div><div id="a6291" style="position:absolute;font-family:'Arial';left:5px;top:375px;">settled. This prepaid coal supply liability bears interest<div style="display:inline-block;width:5px;white-space:pre"> </div>at </div><div id="a6291_62_2" style="position:absolute;font-family:'Arial';left:342px;top:375px;">13</div><div id="a6291_64_14" style="position:absolute;font-family:'Arial';left:357px;top:375px;">% per annum.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6316" style="position:absolute;font-family:'Arial';left:5px;top:404px;">As of March<div style="display:inline-block;width:5px;white-space:pre"> </div>31, 2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>carrying value of<div style="display:inline-block;width:5px;white-space:pre"> </div>the Stanwell<div style="display:inline-block;width:5px;white-space:pre"> </div>prepaid coal supply<div style="display:inline-block;width:6px;white-space:pre"> </div>liability,<div style="display:inline-block;width:5px;white-space:pre"> </div>including the prepayment </div><div id="a6353" style="position:absolute;font-family:'Arial';left:5px;top:419px;">and the rebate waiver and deferral liability,<div style="display:inline-block;width:6px;white-space:pre"> </div>was $</div><div id="a6353_51_5" style="position:absolute;font-family:'Arial';left:294px;top:419px;">171.6</div><div id="a6353_56_12" style="position:absolute;font-family:'Arial';left:327px;top:419px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million (A$</div><div id="a6353_68_5" style="position:absolute;font-family:'Arial';left:393px;top:419px;">250.7</div><div id="a6353_73_11" style="position:absolute;font-family:'Arial';left:427px;top:419px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million). </div><div id="a6377" style="position:absolute;font-family:'Arial';left:5px;top:448px;">For the<div style="display:inline-block;width:5px;white-space:pre"> </div>three months<div style="display:inline-block;width:5px;white-space:pre"> </div>ended March<div style="display:inline-block;width:5px;white-space:pre"> </div>31, 2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>recognized interest<div style="display:inline-block;width:6px;white-space:pre"> </div>expense of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a6377_87_3" style="position:absolute;font-family:'Arial';left:558px;top:448px;">5.2</div><div id="a6377_90_12" style="position:absolute;font-family:'Arial';left:577px;top:448px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million (A$</div><div id="a6377_102_3" style="position:absolute;font-family:'Arial';left:644px;top:448px;">7.5</div><div id="a6411" style="position:absolute;font-family:'Arial';left:5px;top:463px;">million) related to the financing component of the prepaid<div style="display:inline-block;width:5px;white-space:pre"> </div>coal supply liability. </div><div id="a6435" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:492px;">Prepayment and Deferred Payment Balance </div><div id="a6445" style="position:absolute;font-family:'Arial';left:5px;top:521px;">On November 27,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>and Stanwell entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into a second<div style="display:inline-block;width:5px;white-space:pre"> </div>deed of amendment,<div style="display:inline-block;width:6px;white-space:pre"> </div>or the Second </div><div id="a6481" style="position:absolute;font-family:'Arial';left:5px;top:536px;">Amendment Deed,<div style="display:inline-block;width:4px;white-space:pre"> </div>that, among other matters, amended the terms of the ACSA<div style="display:inline-block;width:5px;white-space:pre"> </div>and the NCSA, by providing for: </div><div id="a6518" style="position:absolute;font-family:'Times New Roman';left:29px;top:566px;">●</div><div id="a6519" style="position:absolute;font-family:'Arial';left:35px;top:566px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>a waiver of<div style="display:inline-block;width:5px;white-space:pre"> </div>rebate amounts<div style="display:inline-block;width:5px;white-space:pre"> </div>otherwise payable by<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company under<div style="display:inline-block;width:5px;white-space:pre"> </div>the ACSA from<div style="display:inline-block;width:5px;white-space:pre"> </div>January 1, 2026 </div><div id="a6554" style="position:absolute;font-family:'Arial';left:53px;top:581px;">until the<div style="display:inline-block;width:2px;white-space:pre"> </div>final delivery date,<div style="display:inline-block;width:2px;white-space:pre"> </div>being the<div style="display:inline-block;width:2px;white-space:pre"> </div>day before the<div style="display:inline-block;width:2px;white-space:pre"> </div>NCSA Supply Commencement Date<div style="display:inline-block;width:2px;white-space:pre"> </div>(refer to<div style="display:inline-block;width:2px;white-space:pre"> </div>change </div><div id="a6588" style="position:absolute;font-family:'Arial';left:53px;top:596px;">of control provisions in relation to waiver discussed below)<div style="display:inline-block;width:5px;white-space:pre"> </div>; </div><div id="a6608" style="position:absolute;font-family:'Times New Roman';left:29px;top:626px;">●</div><div id="a6609" style="position:absolute;font-family:'Arial';left:35px;top:626px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>a deferral of the Company’s obligations<div style="display:inline-block;width:5px;white-space:pre"> </div>to deliver certain values of coal to Stanwell for<div style="display:inline-block;width:5px;white-space:pre"> </div>prepaid amounts </div><div id="a6644" style="position:absolute;font-family:'Arial';left:53px;top:641px;">under the First<div style="display:inline-block;width:6px;white-space:pre"> </div>Amendment and<div style="display:inline-block;width:5px;white-space:pre"> </div>amounts to<div style="display:inline-block;width:5px;white-space:pre"> </div>which Stanwell<div style="display:inline-block;width:5px;white-space:pre"> </div>is otherwise<div style="display:inline-block;width:5px;white-space:pre"> </div>entitled in<div style="display:inline-block;width:5px;white-space:pre"> </div>relation to<div style="display:inline-block;width:5px;white-space:pre"> </div>the SRA </div><div id="a6678" style="position:absolute;font-family:'Arial';left:53px;top:657px;">deferred consideration, or the Deferred Amounts;<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a6691" style="position:absolute;font-family:'Times New Roman';left:29px;top:686px;">●</div><div id="a6692" style="position:absolute;font-family:'Arial';left:35px;top:686px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>prepayments<div style="display:inline-block;width:5px;white-space:pre"> </div>by<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>relation<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>its future<div style="display:inline-block;width:7px;white-space:pre"> </div>annual<div style="display:inline-block;width:5px;white-space:pre"> </div>nominated<div style="display:inline-block;width:5px;white-space:pre"> </div>contract<div style="display:inline-block;width:5px;white-space:pre"> </div>tonnage </div><div id="a6723" style="position:absolute;font-family:'Arial';left:53px;top:701px;">under the<div style="display:inline-block;width:2px;white-space:pre"> </div>ACSA and the<div style="display:inline-block;width:2px;white-space:pre"> </div>NCSA equal to<div style="display:inline-block;width:2px;white-space:pre"> </div>the difference between<div style="display:inline-block;width:2px;white-space:pre"> </div>the current contracted<div style="display:inline-block;width:2px;white-space:pre"> </div>prices under these </div><div id="a6757" style="position:absolute;font-family:'Arial';left:53px;top:717px;">arrangements and an<div style="display:inline-block;width:5px;white-space:pre"> </div>agreed, fixed price<div style="display:inline-block;width:5px;white-space:pre"> </div>roughly equivalent<div style="display:inline-block;width:5px;white-space:pre"> </div>to market prices<div style="display:inline-block;width:6px;white-space:pre"> </div>at the time<div style="display:inline-block;width:5px;white-space:pre"> </div>of the Second </div><div id="a6791" style="position:absolute;font-family:'Arial';left:53px;top:732px;">Amendment<div style="display:inline-block;width:6px;white-space:pre"> </div>Deed,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>ACSA<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayments<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>NCSA<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayments.<div style="display:inline-block;width:6px;white-space:pre"> </div>Stanwell’s<div style="display:inline-block;width:6px;white-space:pre"> </div>obligation<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a6818" style="position:absolute;font-family:'Arial';left:53px;top:747px;">make<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>ACSA<div style="display:inline-block;width:7px;white-space:pre"> </div>Prepayments<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>NCSA<div style="display:inline-block;width:7px;white-space:pre"> </div>Prepayments<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>subject<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>certain<div style="display:inline-block;width:7px;white-space:pre"> </div>liquidity<div style="display:inline-block;width:7px;white-space:pre"> </div>tests.<div style="display:inline-block;width:7px;white-space:pre"> </div>More </div><div id="a6846" style="position:absolute;font-family:'Arial';left:53px;top:763px;">specifically, Stanwell (i) will<div style="display:inline-block;width:2px;white-space:pre"> </div>advance all of<div style="display:inline-block;width:2px;white-space:pre"> </div>the relevant prepayment<div style="display:inline-block;width:2px;white-space:pre"> </div>when the Company’s<div style="display:inline-block;width:2px;white-space:pre"> </div>monthly liquidity </div><div id="a6877" style="position:absolute;font-family:'Arial';left:53px;top:778px;">is<div style="display:inline-block;width:6px;white-space:pre"> </div>below<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a6877_10_5" style="position:absolute;font-family:'Arial';left:117px;top:778px;">200.0</div><div id="a6877_15_84" style="position:absolute;font-family:'Arial';left:151px;top:778px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>million,<div style="display:inline-block;width:6px;white-space:pre"> </div>(ii)<div style="display:inline-block;width:7px;white-space:pre"> </div>will<div style="display:inline-block;width:6px;white-space:pre"> </div>advance<div style="display:inline-block;width:6px;white-space:pre"> </div>only<div style="display:inline-block;width:7px;white-space:pre"> </div>half<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>relevant<div style="display:inline-block;width:7px;white-space:pre"> </div>prepayment<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>when<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a6912" style="position:absolute;font-family:'Arial';left:53px;top:793px;">Company’s liquidity<div style="display:inline-block;width:5px;white-space:pre"> </div>is between $</div><div id="a6912_32_5" style="position:absolute;font-family:'Arial';left:248px;top:793px;">200.0</div><div id="a6912_37_14" style="position:absolute;font-family:'Arial';left:281px;top:793px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million and $</div><div id="a6912_51_5" style="position:absolute;font-family:'Arial';left:361px;top:793px;">250.0</div><div id="a6912_56_50" style="position:absolute;font-family:'Arial';left:394px;top:793px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million, and (iii)<div style="display:inline-block;width:5px;white-space:pre"> </div>will not be<div style="display:inline-block;width:5px;white-space:pre"> </div>obligated to make </div><div id="a6946" style="position:absolute;font-family:'Arial';left:53px;top:809px;">prepayments when the Company’s monthly liquidity<div style="display:inline-block;width:5px;white-space:pre"> </div>is above $</div><div id="a6946_59_5" style="position:absolute;font-family:'Arial';left:421px;top:809px;">250.0</div><div id="a6946_64_14" style="position:absolute;font-family:'Arial';left:455px;top:809px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million; and </div><div id="a6968" style="position:absolute;font-family:'Times New Roman';left:29px;top:838px;">●</div><div id="a6969" style="position:absolute;font-family:'Arial';left:35px;top:838px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>an extension<div style="display:inline-block;width:5px;white-space:pre"> </div>of the<div style="display:inline-block;width:5px;white-space:pre"> </div>NCSA term<div style="display:inline-block;width:5px;white-space:pre"> </div>from 2037<div style="display:inline-block;width:5px;white-space:pre"> </div>to 2043<div style="display:inline-block;width:5px;white-space:pre"> </div>and an<div style="display:inline-block;width:5px;white-space:pre"> </div>option for<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell to<div style="display:inline-block;width:5px;white-space:pre"> </div>make broader<div style="display:inline-block;width:5px;white-space:pre"> </div>annual </div><div id="a7008" style="position:absolute;font-family:'Arial';left:53px;top:854px;">nominations ranging from </div><div id="a7008_25_3" style="position:absolute;font-family:'Arial';left:207px;top:854px;">1.2</div><div id="a7008_28_8" style="position:absolute;font-family:'Arial';left:226px;top:854px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>MMt to </div><div id="a7008_36_4" style="position:absolute;font-family:'Arial';left:274px;top:854px;">2.24</div><div id="a7008_40_30" style="position:absolute;font-family:'Arial';left:300px;top:854px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>MMt per year under the NCSA. </div></div></div><div id="TextBlockContainer203" style="position:relative;line-height:normal;width:676px;height:903px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer203" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a7047" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>ACSA<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayments,<div style="display:inline-block;width:6px;white-space:pre"> </div>NCSA<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayments<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>Deferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Amounts,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayment<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a7077" style="position:absolute;font-family:'Arial';left:5px;top:15px;">Deferred Payment<div style="display:inline-block;width:6px;white-space:pre"> </div>Balance, will<div style="display:inline-block;width:6px;white-space:pre"> </div>be settled<div style="display:inline-block;width:6px;white-space:pre"> </div>through delivery<div style="display:inline-block;width:6px;white-space:pre"> </div>of coal<div style="display:inline-block;width:5px;white-space:pre"> </div>to Stanwell<div style="display:inline-block;width:6px;white-space:pre"> </div>during the<div style="display:inline-block;width:5px;white-space:pre"> </div>term of<div style="display:inline-block;width:6px;white-space:pre"> </div>the NCSA<div style="display:inline-block;width:6px;white-space:pre"> </div>in </div><div id="a7115" style="position:absolute;font-family:'Arial';left:5px;top:31px;">months when<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidity exceeds<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a7115_45_5" style="position:absolute;font-family:'Arial';left:293px;top:31px;">300.0</div><div id="a7115_50_57" style="position:absolute;font-family:'Arial';left:327px;top:31px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. In<div style="display:inline-block;width:5px;white-space:pre"> </div>addition, the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company may<div style="display:inline-block;width:5px;white-space:pre"> </div>from time<div style="display:inline-block;width:5px;white-space:pre"> </div>to time </div><div id="a7149" style="position:absolute;font-family:'Arial';left:5px;top:46px;">make<div style="display:inline-block;width:7px;white-space:pre"> </div>additional<div style="display:inline-block;width:7px;white-space:pre"> </div>payments<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>reduce<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Prepayment<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>Deferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Payment<div style="display:inline-block;width:7px;white-space:pre"> </div>Balance,<div style="display:inline-block;width:7px;white-space:pre"> </div>including<div style="display:inline-block;width:7px;white-space:pre"> </div>when<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a7178" style="position:absolute;font-family:'Arial';left:5px;top:61px;">Company makes permitted distributions to<div style="display:inline-block;width:2px;white-space:pre"> </div>shareholders. Where the Prepayment and<div style="display:inline-block;width:2px;white-space:pre"> </div>Deferred Payment Balance </div><div id="a7206" style="position:absolute;font-family:'Arial';left:5px;top:77px;">remains outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>after the<div style="display:inline-block;width:6px;white-space:pre"> </div>final delivery<div style="display:inline-block;width:6px;white-space:pre"> </div>date pursuant<div style="display:inline-block;width:6px;white-space:pre"> </div>to the<div style="display:inline-block;width:6px;white-space:pre"> </div>NCSA (December<div style="display:inline-block;width:6px;white-space:pre"> </div>31, 2043),<div style="display:inline-block;width:6px;white-space:pre"> </div>the outstanding </div><div id="a7238" style="position:absolute;font-family:'Arial';left:5px;top:92px;">balance will be settled in<div style="display:inline-block;width:5px;white-space:pre"> </div>cash in months when<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company’s liquidity exceeds<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a7238_80_5" style="position:absolute;font-family:'Arial';left:486px;top:92px;">300.0</div><div id="a7238_85_27" style="position:absolute;font-family:'Arial';left:519px;top:92px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million until the balance </div><div id="a7274" style="position:absolute;font-family:'Arial';left:5px;top:107px;">is fully repaid. </div><div id="a7280" style="position:absolute;font-family:'Arial';left:5px;top:136px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Prepayment<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>Deferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Payment<div style="display:inline-block;width:7px;white-space:pre"> </div>Balance<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>classified<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>liability.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>liability<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>initially </div><div id="a7312" style="position:absolute;font-family:'Arial';left:5px;top:151px;">measured<div style="display:inline-block;width:5px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>amount<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>proceeds<div style="display:inline-block;width:5px;white-space:pre"> </div>received<div style="display:inline-block;width:5px;white-space:pre"> </div>from<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>bears<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:5px;white-space:pre"> </div>interest<div style="display:inline-block;width:5px;white-space:pre"> </div>at </div><div id="a7312_83_3" style="position:absolute;font-family:'Arial';left:530px;top:151px;">7.5</div><div id="a7312_86_17" style="position:absolute;font-family:'Arial';left:548px;top:151px;">%<div style="display:inline-block;width:5px;white-space:pre"> </div>per<div style="display:inline-block;width:5px;white-space:pre"> </div>annum.<div style="display:inline-block;width:5px;white-space:pre"> </div>The </div><div id="a7348" style="position:absolute;font-family:'Arial';left:5px;top:167px;">contractual interest rate of </div><div id="a7348_29_3" style="position:absolute;font-family:'Arial';left:161px;top:167px;">7.5</div><div id="a7348_32_85" style="position:absolute;font-family:'Arial';left:179px;top:167px;">% is deemed consistent<div style="display:inline-block;width:2px;white-space:pre"> </div>with a market rate<div style="display:inline-block;width:2px;white-space:pre"> </div>at inception after considering<div style="display:inline-block;width:2px;white-space:pre"> </div>the overall </div><div id="a7385" style="position:absolute;font-family:'Arial';left:5px;top:182px;">terms, security and settlement features of the<div style="display:inline-block;width:2px;white-space:pre"> </div>arrangement and, accordingly, the proceeds received approximate </div><div id="a7413" style="position:absolute;font-family:'Arial';left:5px;top:197px;">fair value at<div style="display:inline-block;width:2px;white-space:pre"> </div>inception. Interest accrues at </div><div id="a7413_45_3" style="position:absolute;font-family:'Arial';left:248px;top:197px;">7.5</div><div id="a7413_48_68" style="position:absolute;font-family:'Arial';left:266px;top:197px;">% per annum<div style="display:inline-block;width:2px;white-space:pre"> </div>on the outstanding balance<div style="display:inline-block;width:2px;white-space:pre"> </div>using the effective interest </div><div id="a7450" style="position:absolute;font-family:'Arial';left:5px;top:213px;">rate method and<div style="display:inline-block;width:6px;white-space:pre"> </div>is recognized as<div style="display:inline-block;width:6px;white-space:pre"> </div>“interest expense,<div style="display:inline-block;width:5px;white-space:pre"> </div>net” in the<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited Condensed<div style="display:inline-block;width:5px;white-space:pre"> </div>Consolidated Statement </div><div id="a7480" style="position:absolute;font-family:'Arial';left:5px;top:228px;">of Operations and Comprehensive Income.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a7491" style="position:absolute;font-family:'Arial';left:5px;top:257px;">During the term<div style="display:inline-block;width:5px;white-space:pre"> </div>of the NCSA, the<div style="display:inline-block;width:6px;white-space:pre"> </div>total Prepayment and<div style="display:inline-block;width:5px;white-space:pre"> </div>Deferred Payment Balance,<div style="display:inline-block;width:6px;white-space:pre"> </div>including accrued interest, </div><div id="a7524" style="position:absolute;font-family:'Arial';left:5px;top:272px;">is capped at </div><div id="a7524_13_3" style="position:absolute;font-family:'Arial';left:82px;top:272px;">120</div><div id="a7524_16_96" style="position:absolute;font-family:'Arial';left:104px;top:272px;">% of the<div style="display:inline-block;width:5px;white-space:pre"> </div>aggregate outstanding<div style="display:inline-block;width:5px;white-space:pre"> </div>principal balance.<div style="display:inline-block;width:5px;white-space:pre"> </div>After the final<div style="display:inline-block;width:6px;white-space:pre"> </div>delivery date under<div style="display:inline-block;width:5px;white-space:pre"> </div>the terms </div><div id="a7560" style="position:absolute;font-family:'Arial';left:5px;top:287px;">of the NCSA, which<div style="display:inline-block;width:2px;white-space:pre"> </div>is scheduled for December 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2043, interest continues to accrue<div style="display:inline-block;width:2px;white-space:pre"> </div>at </div><div id="a7560_87_3" style="position:absolute;font-family:'Arial';left:520px;top:287px;">7.5</div><div id="a7560_90_20" style="position:absolute;font-family:'Arial';left:539px;top:287px;">% per annum without </div><div id="a7598" style="position:absolute;font-family:'Arial';left:5px;top:303px;">a cap until the balance is fully repaid.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a7615" style="position:absolute;font-family:'Arial';left:5px;top:331px;">The interest cap represents assistance provided by Stanwell, a Queensland Government-owned corporation. As </div><div id="a7643" style="position:absolute;font-family:'Arial';left:5px;top:347px;">such, the Company accounts<div style="display:inline-block;width:5px;white-space:pre"> </div>for the interest cap as government<div style="display:inline-block;width:5px;white-space:pre"> </div>assistance under its accounting<div style="display:inline-block;width:5px;white-space:pre"> </div>policy election </div><div id="a7675" style="position:absolute;font-family:'Arial';left:5px;top:362px;">based on analogy to other accounting standard frameworks and consistent with expected<div style="display:inline-block;width:2px;white-space:pre"> </div>future changes to U.S. </div><div id="a7707" style="position:absolute;font-family:'Arial';left:5px;top:377px;">GAAP.<div style="display:inline-block;width:5px;white-space:pre"> </div>No benefit is recognized unless and until the interest<div style="display:inline-block;width:5px;white-space:pre"> </div>cap is reached.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7735" style="position:absolute;font-family:'Arial';left:5px;top:406px;">At<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>end<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>each<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>period,<div style="display:inline-block;width:6px;white-space:pre"> </div>management<div style="display:inline-block;width:6px;white-space:pre"> </div>assesses<div style="display:inline-block;width:6px;white-space:pre"> </div>whether<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidity<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>expected<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a7768" style="position:absolute;font-family:'Arial';left:5px;top:421px;">exceed $</div><div id="a7768_8_5" style="position:absolute;font-family:'Arial';left:59px;top:421px;">300.0</div><div id="a7768_13_100" style="position:absolute;font-family:'Arial';left:92px;top:421px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million within the next 12 months<div style="display:inline-block;width:5px;white-space:pre"> </div>and classifies the portion of the balance<div style="display:inline-block;width:5px;white-space:pre"> </div>expected to be settled </div><div id="a7806" style="position:absolute;font-family:'Arial';left:5px;top:437px;">within that period as current liability. </div><div id="a7818" style="position:absolute;font-family:'Arial';left:5px;top:465px;">As of March 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2026, the carrying amount, including<div style="display:inline-block;width:2px;white-space:pre"> </div>accrued interest, of the Prepayment<div style="display:inline-block;width:2px;white-space:pre"> </div>and Deferred Payment </div><div id="a7852" style="position:absolute;font-family:'Arial';left:5px;top:481px;">Balance was $</div><div id="a7852_13_4" style="position:absolute;font-family:'Arial';left:90px;top:481px;">25.8</div><div id="a7852_17_95" style="position:absolute;font-family:'Arial';left:116px;top:481px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million and classified<div style="display:inline-block;width:2px;white-space:pre"> </div>as non-current liability. No government<div style="display:inline-block;width:2px;white-space:pre"> </div>assistance income was<div style="display:inline-block;width:2px;white-space:pre"> </div>recorded </div><div id="a7885" style="position:absolute;font-family:'Arial';left:5px;top:496px;">during the three months period ended March 31, 2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>as the interest cap mechanism was not triggered. </div><div id="a7919" style="position:absolute;font-family:'Arial';left:5px;top:525px;">The<div style="display:inline-block;width:7px;white-space:pre"> </div>Second<div style="display:inline-block;width:7px;white-space:pre"> </div>Amendment<div style="display:inline-block;width:7px;white-space:pre"> </div>Deed<div style="display:inline-block;width:7px;white-space:pre"> </div>also<div style="display:inline-block;width:7px;white-space:pre"> </div>includes<div style="display:inline-block;width:7px;white-space:pre"> </div>restrictions<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>ability<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>pay<div style="display:inline-block;width:7px;white-space:pre"> </div>distributions<div style="display:inline-block;width:7px;white-space:pre"> </div>to </div><div id="a7949" style="position:absolute;font-family:'Arial';left:5px;top:540px;">shareholders (e.g., dividends)<div style="display:inline-block;width:2px;white-space:pre"> </div>.<div style="display:inline-block;width:4px;white-space:pre"> </div>These restrictions require<div style="display:inline-block;width:6px;white-space:pre"> </div>that the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>maintains a minimum<div style="display:inline-block;width:5px;white-space:pre"> </div>cash liquidity </div><div id="a7979" style="position:absolute;font-family:'Arial';left:5px;top:555px;">of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a7979_4_5" style="position:absolute;font-family:'Arial';left:29px;top:555px;">300.0</div><div id="a7979_9_100" style="position:absolute;font-family:'Arial';left:62px;top:555px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:6px;white-space:pre"> </div>following<div style="display:inline-block;width:6px;white-space:pre"> </div>payment<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>such<div style="display:inline-block;width:6px;white-space:pre"> </div>distribution,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>repurchase<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>any<div style="display:inline-block;width:6px;white-space:pre"> </div>Notes<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>connection<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a8013" style="position:absolute;font-family:'Arial';left:5px;top:571px;">distribution, and the<div style="display:inline-block;width:6px;white-space:pre"> </div>payment to<div style="display:inline-block;width:5px;white-space:pre"> </div>Stanwell of an<div style="display:inline-block;width:5px;white-space:pre"> </div>equal or greater<div style="display:inline-block;width:5px;white-space:pre"> </div>amount (up to<div style="display:inline-block;width:6px;white-space:pre"> </div>a maximum of<div style="display:inline-block;width:5px;white-space:pre"> </div>three times)<div style="display:inline-block;width:5px;white-space:pre"> </div>than </div><div id="a8053" style="position:absolute;font-family:'Arial';left:5px;top:586px;">the distribution to reduce the Prepayment and Deferred<div style="display:inline-block;width:5px;white-space:pre"> </div>Payment Balance. </div><div id="a8073" style="position:absolute;font-family:'Arial';left:5px;top:615px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>ACSA<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>NCSA<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>secured<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>mortgages<div style="display:inline-block;width:7px;white-space:pre"> </div>registered<div style="display:inline-block;width:6px;white-space:pre"> </div>over<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Curragh<div style="display:inline-block;width:6px;white-space:pre"> </div>mine<div style="display:inline-block;width:6px;white-space:pre"> </div>tenements,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a8107" style="position:absolute;font-family:'Arial';left:5px;top:630px;">Tenement Lien, at the Queensland Government<div style="display:inline-block;width:2px;white-space:pre"> </div>level and a<div style="display:inline-block;width:2px;white-space:pre"> </div>third-priority lien on<div style="display:inline-block;width:2px;white-space:pre"> </div>substantially all of<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company's </div><div id="a8143" style="position:absolute;font-family:'Arial';left:5px;top:645px;">assets. The Tenement<div style="display:inline-block;width:5px;white-space:pre"> </div>Lien operates independently of, and is not subordinated to, the Company's other secured </div><div id="a8176" style="position:absolute;font-family:'Arial';left:5px;top:661px;">debt obligations, and<div style="display:inline-block;width:5px;white-space:pre"> </div>no third party<div style="display:inline-block;width:5px;white-space:pre"> </div>may acquire the<div style="display:inline-block;width:5px;white-space:pre"> </div>Curragh mine tenements<div style="display:inline-block;width:6px;white-space:pre"> </div>without simultaneously assuming </div><div id="a8206" style="position:absolute;font-family:'Arial';left:5px;top:676px;">the coal supply obligations to Stanwell. </div><div id="a8218" style="position:absolute;font-family:'Arial';left:5px;top:705px;">The Prepayment and Deferred Payment Balance may become repayable if<div style="display:inline-block;width:2px;white-space:pre"> </div>there is an unremedied default under </div><div id="a8250" style="position:absolute;font-family:'Arial';left:5px;top:720px;">the ACSA or NCSA.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a8259" style="position:absolute;font-family:'Arial';left:5px;top:749px;">If a change<div style="display:inline-block;width:5px;white-space:pre"> </div>of control of<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>is proposed within </div><div id="a8259_57_9" style="position:absolute;font-family:'Arial';left:347px;top:749px;">two years</div><div id="a8259_66_40" style="position:absolute;font-family:'Arial';left:404px;top:749px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>of November 27,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>must </div><div id="a8299" style="position:absolute;font-family:'Arial';left:5px;top:764px;">obtain Stanwell’s<div style="display:inline-block;width:6px;white-space:pre"> </div>consent and,<div style="display:inline-block;width:6px;white-space:pre"> </div>before the<div style="display:inline-block;width:6px;white-space:pre"> </div>change of<div style="display:inline-block;width:6px;white-space:pre"> </div>control occurs,<div style="display:inline-block;width:6px;white-space:pre"> </div>pay Stanwell<div style="display:inline-block;width:6px;white-space:pre"> </div>the waived<div style="display:inline-block;width:6px;white-space:pre"> </div>rebate amounts, </div><div id="a8331" style="position:absolute;font-family:'Arial';left:5px;top:779px;">together with contractual interest from the<div style="display:inline-block;width:2px;white-space:pre"> </div>dates such amounts would otherwise have<div style="display:inline-block;width:2px;white-space:pre"> </div>been payable. Additionally, </div><div id="a8361" style="position:absolute;font-family:'Arial';left:5px;top:795px;">if<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:5px;white-space:pre"> </div>entity<div style="display:inline-block;width:5px;white-space:pre"> </div>that<div style="display:inline-block;width:5px;white-space:pre"> </div>controlled<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>as at<div style="display:inline-block;width:6px;white-space:pre"> </div>November<div style="display:inline-block;width:5px;white-space:pre"> </div>27,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025 ceases<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>control<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>by way<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a8401" style="position:absolute;font-family:'Arial';left:5px;top:810px;">disposal of an interest in the Company of </div><div id="a8401_42_2" style="position:absolute;font-family:'Arial';left:249px;top:810px;">20</div><div id="a8401_44_44" style="position:absolute;font-family:'Arial';left:264px;top:810px;">% or more without Stanwell’s consent within </div><div id="a8401_88_9" style="position:absolute;font-family:'Arial';left:526px;top:810px;">two years</div><div id="a8401_97_13" style="position:absolute;font-family:'Arial';left:583px;top:810px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>of November </div><div id="a8439" style="position:absolute;font-family:'Arial';left:5px;top:825px;">27, 2025, then the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company must immediately<div style="display:inline-block;width:5px;white-space:pre"> </div>pay Stanwell the waived<div style="display:inline-block;width:5px;white-space:pre"> </div>rebate amounts, together<div style="display:inline-block;width:5px;white-space:pre"> </div>with interest. </div><div id="a8472" style="position:absolute;font-family:'Arial';left:5px;top:841px;">As of March 31, 2026, cumulative<div style="display:inline-block;width:6px;white-space:pre"> </div>rebate amounts of $</div><div id="a8472_52_4" style="position:absolute;font-family:'Arial';left:327px;top:841px;">23.6</div><div id="a8472_56_52" style="position:absolute;font-family:'Arial';left:353px;top:841px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million would have been payable<div style="display:inline-block;width:6px;white-space:pre"> </div>absent the waiver. </div><div id="a8509" style="position:absolute;font-family:'Arial';left:5px;top:856px;">No liability was recognized as of March 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2026 in respect of the waived rebate amounts because<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company </div><div id="a8547" style="position:absolute;font-family:'Arial';left:5px;top:871px;">had not been<div style="display:inline-block;width:2px;white-space:pre"> </div>required to seek Stanwell’s consent<div style="display:inline-block;width:2px;white-space:pre"> </div>in connection with any<div style="display:inline-block;width:2px;white-space:pre"> </div>proposed change or cessation<div style="display:inline-block;width:2px;white-space:pre"> </div>of control </div><div id="a8583" style="position:absolute;font-family:'Arial';left:5px;top:887px;">as of that date.</div></div></div>
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<div id="TextContainer195" style="position:relative;width:669px;z-index:1;font-size:13.28px;"><div id="a5540" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:12px;">(in US$ thousands) </div><div id="a5544" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:12px;">March 31, 2026 </div><div id="a5547" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:586px;top:0px;">December 31, </div><div id="a5548" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:609px;top:12px;">2025 </div><div id="a5550" style="position:absolute;font-family:'Arial';left:7px;top:27px;">Stanwell Reserved Area deferred consideration </div><div id="a5554" style="position:absolute;font-family:'Arial';left:489px;top:27px;">$ </div><div id="a5556" style="position:absolute;font-family:'Arial';left:517px;top:27px;">365,493</div><div id="a5559" style="position:absolute;font-family:'Arial';left:581px;top:27px;">$ </div><div id="a5561" style="position:absolute;font-family:'Arial';left:609px;top:27px;">346,768</div><div id="a5563" style="position:absolute;font-family:'Arial';left:7px;top:44px;">Stanwell Prepaid coal supply liability </div><div id="a5568" style="position:absolute;font-family:'Arial';left:517px;top:44px;">171,638</div><div id="a5572" style="position:absolute;font-family:'Arial';left:609px;top:44px;">155,027</div><div id="a5574" style="position:absolute;font-family:'Arial';left:7px;top:61px;">Stanwell Prepayment and deferred payment </div><div id="a5579" style="position:absolute;font-family:'Arial';left:525px;top:61px;">25,830</div><div id="a5583" style="position:absolute;font-family:'Arial';left:644px;top:61px;">—</div><div id="a5588" style="position:absolute;font-family:'Arial';left:489px;top:80px;">$ </div><div id="a5590" style="position:absolute;font-family:'Arial';left:517px;top:80px;">562,961</div><div id="a5593" style="position:absolute;font-family:'Arial';left:581px;top:80px;">$ </div><div id="a5595" style="position:absolute;font-family:'Arial';left:609px;top:80px;">501,795</div></div></div>
365493000
346768000
171638000
155027000
25830000
0
562961000
501795000
155200000
210000000.0
0.13
0.13
800000
P5Y
0.13
171600000
250700000
5200000
7500000
200000000.0
200000000.0
250000000.0
250000000.0
1200000
2240000
300000000.0
300000000.0
0.075
0.075
0.075
1.20
0.075
300000000.0
25800000
300000000.0
P2Y
0.20
P2Y
23600000
<div id="TextBlockContainer206" style="position:relative;line-height:normal;width:199px;height:17px;"><div id="TextContainer206" style="position:relative;width:199px;z-index:1;font-size:13.28px;"><div id="a8604" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">12. Other Financial Liabilities</div></div></div><div id="TextBlockContainer210" style="position:relative;line-height:normal;width:675px;height:181px;"><div style="position:absolute; width:483.1px; height:1px; left:5.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:506.4px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:509.3px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:594.5px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:597.3px; top:179.4px; background-color:#000000; "> </div>
<div id="TextContainer210" style="position:relative;width:675px;z-index:1;font-size:13.28px;"><div id="a8607" style="position:absolute;font-family:'Arial';left:8px;top:0px;">The following is a summary of other financial liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>as at March 31, 2026: </div><div id="a8616" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:62px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>(in US$ thousands) </div><div id="a8620" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:497px;top:62px;">March 31, 2026 </div><div id="a8623" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:588px;top:50px;">December 31, </div><div id="a8624" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:611px;top:62px;">2025 </div><div id="a8626" style="position:absolute;font-family:'Arial';left:8px;top:76px;">Collateralized financial liabilities - Curragh Housing Transaction </div><div id="a8632" style="position:absolute;font-family:'Arial';left:497px;top:76px;">$ </div><div id="a8634" style="position:absolute;font-family:'Arial';left:529px;top:76px;">21,292</div><div id="a8637" style="position:absolute;font-family:'Arial';left:585px;top:76px;">$ </div><div id="a8639" style="position:absolute;font-family:'Arial';left:617px;top:76px;">21,195</div><div id="a8641" style="position:absolute;font-family:'Arial';left:8px;top:95px;">Derivative liability (refer to Note 15. "Derivatives and Fair Value<div style="display:inline-block;width:6px;white-space:pre"> </div>Measurement") </div><div id="a8645" style="position:absolute;font-family:'Arial';left:554px;top:95px;">60</div><div id="a8649" style="position:absolute;font-family:'Arial';left:644px;top:95px;">—</div><div id="a8651" style="position:absolute;font-family:'Arial';left:8px;top:113px;">Debt issuance costs </div><div id="a8655" style="position:absolute;font-family:'Arial';left:542px;top:113px;display:flex;">(868)</div><div id="a8659" style="position:absolute;font-family:'Arial';left:630px;top:113px;display:flex;">(883)</div><div id="a8661" style="position:absolute;font-family:'Arial';left:8px;top:131px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>other financial liabilities </div><div id="a8665" style="position:absolute;font-family:'Arial';left:529px;top:131px;">20,484</div><div id="a8669" style="position:absolute;font-family:'Arial';left:617px;top:131px;">20,312</div><div id="a8671" style="position:absolute;font-family:'Arial';left:8px;top:147px;">Less: current portion </div><div id="a8675" style="position:absolute;font-family:'Arial';left:531px;top:147px;display:flex;">(1,571)</div><div id="a8679" style="position:absolute;font-family:'Arial';left:619px;top:147px;display:flex;">(1,424)</div><div id="a8681" style="position:absolute;font-family:'Arial';left:8px;top:164px;">Non-current other financial liabilities </div><div id="a8686" style="position:absolute;font-family:'Arial';left:497px;top:164px;">$ </div><div id="a8688" style="position:absolute;font-family:'Arial';left:529px;top:164px;">18,913</div><div id="a8691" style="position:absolute;font-family:'Arial';left:585px;top:164px;">$ </div><div id="a8693" style="position:absolute;font-family:'Arial';left:617px;top:164px;">18,888</div></div></div><div id="TextBlockContainer215" style="position:relative;line-height:normal;width:676px;height:241px;"><div id="TextContainer215" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a8702" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:0px;">Collateralized financial liabilities – Curragh Housing Transaction </div><div id="a8716" style="position:absolute;font-family:'Arial';left:5px;top:29px;">The Curragh<div style="display:inline-block;width:6px;white-space:pre"> </div>Housing Transaction<div style="display:inline-block;width:7px;white-space:pre"> </div>did not<div style="display:inline-block;width:6px;white-space:pre"> </div>satisfy the<div style="display:inline-block;width:6px;white-space:pre"> </div>sale criteria<div style="display:inline-block;width:6px;white-space:pre"> </div>under ASC<div style="display:inline-block;width:6px;white-space:pre"> </div>606 – </div><div id="a8744" style="position:absolute;font-family:'Arial';font-style:italic;left:509px;top:29px;">Revenues<div style="display:inline-block;width:5px;white-space:pre"> </div>from Contracts </div><div id="a8750" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:44px;">with Customers</div><div id="a8753" style="position:absolute;font-family:'Arial';left:96px;top:44px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>and was deemed a<div style="display:inline-block;width:2px;white-space:pre"> </div>financing arrangement. As a<div style="display:inline-block;width:2px;white-space:pre"> </div>result, proceeds of $</div><div id="a8753_67_4" style="position:absolute;font-family:'Arial';left:501px;top:44px;">23.0</div><div id="a8753_71_12" style="position:absolute;font-family:'Arial';left:527px;top:44px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million (A$</div><div id="a8753_83_4" style="position:absolute;font-family:'Arial';left:591px;top:44px;">34.6</div><div id="a8753_87_10" style="position:absolute;font-family:'Arial';left:617px;top:44px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million) </div><div id="a8784" style="position:absolute;font-family:'Arial';left:5px;top:59px;">received for the sale and leaseback of property,<div style="display:inline-block;width:5px;white-space:pre"> </div>plant and equipment owned by the Company in connection with </div><div id="a8820" style="position:absolute;font-family:'Arial';left:5px;top:75px;">the Curragh Housing<div style="display:inline-block;width:6px;white-space:pre"> </div>Transaction<div style="display:inline-block;width:5px;white-space:pre"> </div>were recognized<div style="display:inline-block;width:5px;white-space:pre"> </div>as “Other<div style="display:inline-block;width:5px;white-space:pre"> </div>Financial Liabilities”<div style="display:inline-block;width:5px;white-space:pre"> </div>on the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited </div><div id="a8848" style="position:absolute;font-family:'Arial';left:5px;top:90px;">Condensed Consolidated Balance<div style="display:inline-block;width:6px;white-space:pre"> </div>Sheets. The term<div style="display:inline-block;width:5px;white-space:pre"> </div>of the financing<div style="display:inline-block;width:5px;white-space:pre"> </div>arrangement is </div><div id="a8848_80_9" style="position:absolute;font-family:'Arial';left:507px;top:90px;">ten years</div><div id="a8848_89_19" style="position:absolute;font-family:'Arial';left:562px;top:90px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>with an effective </div><div id="a8886" style="position:absolute;font-family:'Arial';left:5px;top:105px;">interest rate<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a8886_17_5" style="position:absolute;font-family:'Arial';left:98px;top:105px;">14.14</div><div id="a8886_22_89" style="position:absolute;font-family:'Arial';left:131px;top:105px;">%.<div style="display:inline-block;width:5px;white-space:pre"> </div>This<div style="display:inline-block;width:5px;white-space:pre"> </div>liability<div style="display:inline-block;width:5px;white-space:pre"> </div>will<div style="display:inline-block;width:5px;white-space:pre"> </div>be settled<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>equal monthly<div style="display:inline-block;width:6px;white-space:pre"> </div>payments<div style="display:inline-block;width:5px;white-space:pre"> </div>as<div style="display:inline-block;width:5px;white-space:pre"> </div>part of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>accommodation </div><div id="a8925" style="position:absolute;font-family:'Arial';left:5px;top:121px;">services arrangement. </div><div id="a8929" style="position:absolute;font-family:'Arial';left:5px;top:149px;">In connection with the<div style="display:inline-block;width:2px;white-space:pre"> </div>Curragh Housing Transaction,<div style="display:inline-block;width:4px;white-space:pre"> </div>the Company has granted the<div style="display:inline-block;width:2px;white-space:pre"> </div>counterparty mortgages over </div><div id="a8960" style="position:absolute;font-family:'Arial';left:5px;top:165px;">certain<div style="display:inline-block;width:6px;white-space:pre"> </div>leasehold<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>freehold<div style="display:inline-block;width:6px;white-space:pre"> </div>land.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>counterparty’s<div style="display:inline-block;width:7px;white-space:pre"> </div>rights<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>subject<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>priority<div style="display:inline-block;width:6px;white-space:pre"> </div>deed<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>favor<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a8996" style="position:absolute;font-family:'Arial';left:5px;top:180px;">Company’s senior secured parties including,<div style="display:inline-block;width:5px;white-space:pre"> </div>but not limited to, holders of the Notes. </div><div id="a9026" style="position:absolute;font-family:'Arial';left:5px;top:209px;">The carrying<div style="display:inline-block;width:5px;white-space:pre"> </div>value of this<div style="display:inline-block;width:6px;white-space:pre"> </div>financial liability,<div style="display:inline-block;width:6px;white-space:pre"> </div>net of<div style="display:inline-block;width:5px;white-space:pre"> </div>issuance costs<div style="display:inline-block;width:5px;white-space:pre"> </div>of $</div><div id="a9026_74_3" style="position:absolute;font-family:'Arial';left:415px;top:209px;">0.9</div><div id="a9026_77_15" style="position:absolute;font-family:'Arial';left:434px;top:209px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million, was<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9026_92_4" style="position:absolute;font-family:'Arial';left:519px;top:209px;">20.4</div><div id="a9026_96_21" style="position:absolute;font-family:'Arial';left:545px;top:209px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million as<div style="display:inline-block;width:5px;white-space:pre"> </div>at March </div><div id="a9069" style="position:absolute;font-family:'Arial';left:5px;top:224px;">31, 2026, $</div><div id="a9069_11_3" style="position:absolute;font-family:'Arial';left:72px;top:224px;">1.5</div><div id="a9069_14_55" style="position:absolute;font-family:'Arial';left:90px;top:224px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million of which is classified as a current liability.</div></div></div>
<div id="TextBlockContainer212" style="position:relative;line-height:normal;width:675px;height:181px;"><div id="div_209_XBRL_TS_9bf42a8e7bda4c5fa84f8cbd52ac5bcd" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer210" style="position:relative;line-height:normal;width:675px;height:181px;"><div style="position:absolute; width:483.1px; height:1px; left:5.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:74.4px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:129.2px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:506.4px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.5px; height:1px; left:507.1px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:594.5px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:595.1px; top:162.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:494.4px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:506.4px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:509.3px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:582.5px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:594.5px; top:179.4px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:597.3px; top:179.4px; background-color:#000000; "> </div>
<div id="TextContainer210" style="position:relative;width:675px;z-index:1;font-size:13.28px;"><div id="a8607" style="position:absolute;font-family:'Arial';left:8px;top:0px;">The following is a summary of other financial liabilities<div style="display:inline-block;width:5px;white-space:pre"> </div>as at March 31, 2026: </div><div id="a8616" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:62px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>(in US$ thousands) </div><div id="a8620" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:497px;top:62px;">March 31, 2026 </div><div id="a8623" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:588px;top:50px;">December 31, </div><div id="a8624" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:611px;top:62px;">2025 </div><div id="a8626" style="position:absolute;font-family:'Arial';left:8px;top:76px;">Collateralized financial liabilities - Curragh Housing Transaction </div><div id="a8632" style="position:absolute;font-family:'Arial';left:497px;top:76px;">$ </div><div id="a8634" style="position:absolute;font-family:'Arial';left:529px;top:76px;">21,292</div><div id="a8637" style="position:absolute;font-family:'Arial';left:585px;top:76px;">$ </div><div id="a8639" style="position:absolute;font-family:'Arial';left:617px;top:76px;">21,195</div><div id="a8641" style="position:absolute;font-family:'Arial';left:8px;top:95px;">Derivative liability (refer to Note 15. "Derivatives and Fair Value<div style="display:inline-block;width:6px;white-space:pre"> </div>Measurement") </div><div id="a8645" style="position:absolute;font-family:'Arial';left:554px;top:95px;">60</div><div id="a8649" style="position:absolute;font-family:'Arial';left:644px;top:95px;">—</div><div id="a8651" style="position:absolute;font-family:'Arial';left:8px;top:113px;">Debt issuance costs </div><div id="a8655" style="position:absolute;font-family:'Arial';left:542px;top:113px;display:flex;">(868)</div><div id="a8659" style="position:absolute;font-family:'Arial';left:630px;top:113px;display:flex;">(883)</div><div id="a8661" style="position:absolute;font-family:'Arial';left:8px;top:131px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>other financial liabilities </div><div id="a8665" style="position:absolute;font-family:'Arial';left:529px;top:131px;">20,484</div><div id="a8669" style="position:absolute;font-family:'Arial';left:617px;top:131px;">20,312</div><div id="a8671" style="position:absolute;font-family:'Arial';left:8px;top:147px;">Less: current portion </div><div id="a8675" style="position:absolute;font-family:'Arial';left:531px;top:147px;display:flex;">(1,571)</div><div id="a8679" style="position:absolute;font-family:'Arial';left:619px;top:147px;display:flex;">(1,424)</div><div id="a8681" style="position:absolute;font-family:'Arial';left:8px;top:164px;">Non-current other financial liabilities </div><div id="a8686" style="position:absolute;font-family:'Arial';left:497px;top:164px;">$ </div><div id="a8688" style="position:absolute;font-family:'Arial';left:529px;top:164px;">18,913</div><div id="a8691" style="position:absolute;font-family:'Arial';left:585px;top:164px;">$ </div><div id="a8693" style="position:absolute;font-family:'Arial';left:617px;top:164px;">18,888</div></div></div></div></div>
21292000
21195000
60000
0
868000
883000
20484000
20312000
1571000
1424000
18913000
18888000
23000000.0
34600000
P10Y
0.1414
900000
20400000
1500000
<div id="TextBlockContainer218" style="position:relative;line-height:normal;width:676px;height:390px;"><div id="TextContainer218" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9096" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">13.<div style="display:inline-block;width:30px;white-space:pre"> </div>Income Taxes </div><div id="a9100" style="position:absolute;font-family:'Arial';left:5px;top:29px;">For the<div style="display:inline-block;width:5px;white-space:pre"> </div>three months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended March<div style="display:inline-block;width:6px;white-space:pre"> </div>31, 2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>estimated its<div style="display:inline-block;width:6px;white-space:pre"> </div>annual effective<div style="display:inline-block;width:6px;white-space:pre"> </div>tax rate<div style="display:inline-block;width:6px;white-space:pre"> </div>and applied </div><div id="a9106" style="position:absolute;font-family:'Arial';left:5px;top:44px;">this effective tax<div style="display:inline-block;width:5px;white-space:pre"> </div>rate to its year-to-date<div style="display:inline-block;width:5px;white-space:pre"> </div>pretax income at<div style="display:inline-block;width:5px;white-space:pre"> </div>the end of the interim<div style="display:inline-block;width:5px;white-space:pre"> </div>reporting period. The<div style="display:inline-block;width:5px;white-space:pre"> </div>tax effects </div><div id="a9111" style="position:absolute;font-family:'Arial';left:5px;top:59px;">of<div style="display:inline-block;width:6px;white-space:pre"> </div>unusual<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>infrequently<div style="display:inline-block;width:6px;white-space:pre"> </div>occurring<div style="display:inline-block;width:6px;white-space:pre"> </div>items,<div style="display:inline-block;width:6px;white-space:pre"> </div>including<div style="display:inline-block;width:6px;white-space:pre"> </div>effects<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>changes<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>tax<div style="display:inline-block;width:6px;white-space:pre"> </div>laws<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>rates<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>changes<div style="display:inline-block;width:6px;white-space:pre"> </div>in </div><div id="a9114" style="position:absolute;font-family:'Arial';left:5px;top:75px;">judgment about the realizability of deferred tax assets, are reported<div style="display:inline-block;width:5px;white-space:pre"> </div>in the interim period in which they occur.<div style="display:inline-block;width:6px;white-space:pre"> </div></div><div id="a9116" style="position:absolute;font-family:'Arial';left:5px;top:103px;">The Company’s 2026 estimated annual<div style="display:inline-block;width:5px;white-space:pre"> </div>effective tax rate is </div><div id="a9116_58_3" style="position:absolute;font-family:'Arial';left:356px;top:103px;">3.5</div><div id="a9116_61_51" style="position:absolute;font-family:'Arial';left:375px;top:103px;">%. This rate is impacted by<div style="display:inline-block;width:5px;white-space:pre"> </div>inclusion of a current </div><div id="a9121" style="position:absolute;font-family:'Arial';left:5px;top:119px;">year valuation<div style="display:inline-block;width:5px;white-space:pre"> </div>allowance relating<div style="display:inline-block;width:5px;white-space:pre"> </div>to both<div style="display:inline-block;width:5px;white-space:pre"> </div>the Australia<div style="display:inline-block;width:5px;white-space:pre"> </div>and the U.S.<div style="display:inline-block;width:6px;white-space:pre"> </div>operations. Accordingly,<div style="display:inline-block;width:7px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>had </div><div id="a9123" style="position:absolute;font-family:'Arial';left:5px;top:134px;">an income<div style="display:inline-block;width:5px;white-space:pre"> </div>tax benefit<div style="display:inline-block;width:5px;white-space:pre"> </div>of $</div><div id="a9123_26_4" style="position:absolute;font-family:'Arial';left:161px;top:134px;">11.5</div><div id="a9123_30_40" style="position:absolute;font-family:'Arial';left:187px;top:134px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million based<div style="display:inline-block;width:5px;white-space:pre"> </div>on a<div style="display:inline-block;width:5px;white-space:pre"> </div>loss before<div style="display:inline-block;width:5px;white-space:pre"> </div>tax of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9123_70_5" style="position:absolute;font-family:'Arial';left:420px;top:134px;">330.1</div><div id="a9123_75_36" style="position:absolute;font-family:'Arial';left:453px;top:134px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million for<div style="display:inline-block;width:5px;white-space:pre"> </div>the three<div style="display:inline-block;width:5px;white-space:pre"> </div>months ended </div><div id="a9134" style="position:absolute;font-family:'Arial';left:5px;top:149px;">March 31, 2026, which includes discrete expense of $</div><div id="a9134_52_3" style="position:absolute;font-family:'Arial';left:322px;top:149px;">0.4</div><div id="a9134_55_10" style="position:absolute;font-family:'Arial';left:341px;top:149px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million. </div><div id="a9141" style="position:absolute;font-family:'Arial';left:5px;top:178px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>had<div style="display:inline-block;width:5px;white-space:pre"> </div>an income<div style="display:inline-block;width:6px;white-space:pre"> </div>tax<div style="display:inline-block;width:5px;white-space:pre"> </div>benefit of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9141_42_4" style="position:absolute;font-family:'Arial';left:280px;top:178px;">37.8</div><div id="a9141_46_40" style="position:absolute;font-family:'Arial';left:306px;top:178px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million based<div style="display:inline-block;width:6px;white-space:pre"> </div>on a<div style="display:inline-block;width:6px;white-space:pre"> </div>loss<div style="display:inline-block;width:5px;white-space:pre"> </div>before tax<div style="display:inline-block;width:6px;white-space:pre"> </div>of $</div><div id="a9141_86_5" style="position:absolute;font-family:'Arial';left:543px;top:178px;">134.0</div><div id="a9141_91_17" style="position:absolute;font-family:'Arial';left:576px;top:178px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:5px;white-space:pre"> </div>for the </div><div id="a9150" style="position:absolute;font-family:'Arial';left:5px;top:193px;">three months ended March 31, 2025.<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a9156" style="position:absolute;font-family:'Arial';left:5px;top:222px;">The Company utilizes the<div style="display:inline-block;width:5px;white-space:pre"> </div>“more likely than not”<div style="display:inline-block;width:5px;white-space:pre"> </div>standard in recognizing<div style="display:inline-block;width:5px;white-space:pre"> </div>a tax benefit in<div style="display:inline-block;width:5px;white-space:pre"> </div>its financial statements. </div><div id="a9157" style="position:absolute;font-family:'Arial';left:5px;top:237px;">For the three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31, 2026, the Company<div style="display:inline-block;width:2px;white-space:pre"> </div>had </div><div id="a9157_59_2" style="position:absolute;font-family:'Arial';left:378px;top:237px;">no</div><div id="a9157_61_47" style="position:absolute;font-family:'Arial';left:393px;top:237px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>new unrecognized tax benefits included in<div style="display:inline-block;width:2px;white-space:pre"> </div>tax </div><div id="a9160" style="position:absolute;font-family:'Arial';left:5px;top:253px;">expense. If accrual<div style="display:inline-block;width:2px;white-space:pre"> </div>for interest or<div style="display:inline-block;width:2px;white-space:pre"> </div>penalties is required,<div style="display:inline-block;width:2px;white-space:pre"> </div>it is the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company’s policy to include<div style="display:inline-block;width:2px;white-space:pre"> </div>these as a<div style="display:inline-block;width:2px;white-space:pre"> </div>component </div><div id="a9161" style="position:absolute;font-family:'Arial';left:5px;top:268px;">of income tax<div style="display:inline-block;width:2px;white-space:pre"> </div>expense. The Company continues<div style="display:inline-block;width:2px;white-space:pre"> </div>to carry an unrecognized<div style="display:inline-block;width:2px;white-space:pre"> </div>tax benefit of $</div><div id="a9161_86_4" style="position:absolute;font-family:'Arial';left:524px;top:268px;">19.3</div><div id="a9161_90_21" style="position:absolute;font-family:'Arial';left:550px;top:268px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million as at March </div><div id="a9172" style="position:absolute;font-family:'Arial';left:5px;top:283px;">31, 2026 and December 31, 2025. </div><div id="a9178" style="position:absolute;font-family:'Arial';left:5px;top:312px;">The Company is<div style="display:inline-block;width:2px;white-space:pre"> </div>subject to taxation<div style="display:inline-block;width:2px;white-space:pre"> </div>in the<div style="display:inline-block;width:2px;white-space:pre"> </div>U.S. and its<div style="display:inline-block;width:2px;white-space:pre"> </div>various states, as<div style="display:inline-block;width:2px;white-space:pre"> </div>well as Australia<div style="display:inline-block;width:2px;white-space:pre"> </div>and its<div style="display:inline-block;width:2px;white-space:pre"> </div>various localities. </div><div id="a9182" style="position:absolute;font-family:'Arial';left:5px;top:327px;">In the<div style="display:inline-block;width:6px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>Australia, the<div style="display:inline-block;width:6px;white-space:pre"> </div>first tax<div style="display:inline-block;width:6px;white-space:pre"> </div>return<div style="display:inline-block;width:5px;white-space:pre"> </div>was<div style="display:inline-block;width:5px;white-space:pre"> </div>lodged for<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>year<div style="display:inline-block;width:5px;white-space:pre"> </div>ended December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2018. In<div style="display:inline-block;width:6px;white-space:pre"> </div>the U.S., </div><div id="a9188" style="position:absolute;font-family:'Arial';left:5px;top:343px;">companies are subject to<div style="display:inline-block;width:2px;white-space:pre"> </div>open tax audits for<div style="display:inline-block;width:2px;white-space:pre"> </div>a period of three years<div style="display:inline-block;width:2px;white-space:pre"> </div>at the federal level<div style="display:inline-block;width:2px;white-space:pre"> </div>and five years at<div style="display:inline-block;width:2px;white-space:pre"> </div>the state </div><div id="a9200" style="position:absolute;font-family:'Arial';left:5px;top:358px;">level.<div style="display:inline-block;width:10px;white-space:pre"> </div>In<div style="display:inline-block;width:7px;white-space:pre"> </div>Australia,<div style="display:inline-block;width:7px;white-space:pre"> </div>companies<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>subject<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>open<div style="display:inline-block;width:7px;white-space:pre"> </div>tax<div style="display:inline-block;width:7px;white-space:pre"> </div>audits<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>period<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>four<div style="display:inline-block;width:7px;white-space:pre"> </div>years<div style="display:inline-block;width:7px;white-space:pre"> </div>from<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>date<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a9207" style="position:absolute;font-family:'Arial';left:5px;top:373px;">assessment.</div></div></div>
0.035
-11500000
-330100000
-400000
-37800000
-134000000.0
0
19300000
19300000
<div id="TextBlockContainer221" style="position:relative;line-height:normal;width:680px;height:107px;"><div id="TextContainer221" style="position:relative;width:680px;z-index:1;font-size:13.28px;"><div id="a9223" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">14.<div style="display:inline-block;width:30px;white-space:pre"> </div>Loss per Share </div><div id="a9227" style="position:absolute;font-family:'Arial';left:5px;top:29px;">Basic loss per share of common stock is<div style="display:inline-block;width:2px;white-space:pre"> </div>computed by dividing net loss attributable to the Company stockholders </div><div id="a9228" style="position:absolute;font-family:'Arial';left:5px;top:44px;">for the period by the weighted-average number<div style="display:inline-block;width:5px;white-space:pre"> </div>of shares of common stock outstanding during<div style="display:inline-block;width:5px;white-space:pre"> </div>the same period.<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a9231" style="position:absolute;font-family:'Arial';left:5px;top:59px;">Diluted<div style="display:inline-block;width:5px;white-space:pre"> </div>loss<div style="display:inline-block;width:5px;white-space:pre"> </div>per<div style="display:inline-block;width:5px;white-space:pre"> </div>share<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>common<div style="display:inline-block;width:5px;white-space:pre"> </div>stock<div style="display:inline-block;width:5px;white-space:pre"> </div>is<div style="display:inline-block;width:5px;white-space:pre"> </div>computed<div style="display:inline-block;width:5px;white-space:pre"> </div>by<div style="display:inline-block;width:5px;white-space:pre"> </div>dividing<div style="display:inline-block;width:5px;white-space:pre"> </div>net<div style="display:inline-block;width:5px;white-space:pre"> </div>loss<div style="display:inline-block;width:5px;white-space:pre"> </div>attributable<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>by<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a9233" style="position:absolute;font-family:'Arial';left:5px;top:75px;">weighted-average number<div style="display:inline-block;width:6px;white-space:pre"> </div>of shares<div style="display:inline-block;width:5px;white-space:pre"> </div>of common<div style="display:inline-block;width:5px;white-space:pre"> </div>stock outstanding<div style="display:inline-block;width:5px;white-space:pre"> </div>adjusted to<div style="display:inline-block;width:5px;white-space:pre"> </div>give effect<div style="display:inline-block;width:6px;white-space:pre"> </div>to potentially<div style="display:inline-block;width:5px;white-space:pre"> </div>dilutive </div><div id="a9236" style="position:absolute;font-family:'Arial';left:5px;top:90px;">securities.</div></div></div><div id="TextBlockContainer227" style="position:relative;line-height:normal;width:666px;height:270px;"><div id="div_224_XBRL_TS_46c21a36d46b40a28d514cdcc3069c48" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer225" style="position:relative;line-height:normal;width:666px;height:270px;"><div style="position:absolute; width:480.1px; height:1px; left:5px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:491.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:503.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:64.4px; height:1px; left:503.8px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:568.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:568.8px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:574.1px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.4px; height:1px; left:574.7px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:586.1px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:65.4px; height:1px; left:586.7px; top:97.2px; background-color:#407EC9; "> </div>
<div id="TextContainer225" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a9239" style="position:absolute;font-family:'Arial';left:8px;top:0px;">Basic and diluted loss per share were calculated as<div style="display:inline-block;width:5px;white-space:pre"> </div>follows (in thousands, except per share data): </div><div id="a9250" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:58px;">Three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a9252" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:547px;top:70px;">March 31, </div><div id="a9254" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:85px;">(in US$ thousands, except per share data) </div><div id="a9257" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:518px;top:85px;">2026 </div><div id="a9260" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:601px;top:85px;">2025 </div><div id="a9262" style="position:absolute;font-family:'Arial';left:8px;top:100px;">Numerator: </div><div id="a9270" style="position:absolute;font-family:'Arial';left:8px;top:117px;">Net loss attributable to Company stockholders<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9273" style="position:absolute;font-family:'Arial';left:494px;top:117px;">$ </div><div id="a9275" style="position:absolute;font-family:'Arial';left:508px;top:117px;display:flex;">(318,590)</div><div id="a9278" style="position:absolute;font-family:'Arial';left:577px;top:117px;">$ </div><div id="a9280" style="position:absolute;font-family:'Arial';left:600px;top:117px;display:flex;">(96,198)</div><div id="a9289" style="position:absolute;font-family:'Arial';left:8px;top:151px;">Denominator (in thousands):<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9297" style="position:absolute;font-family:'Arial';left:8px;top:169px;">Weighted average shares of common stock<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9299" style="position:absolute;font-family:'Arial';left:8px;top:185px;">outstanding </div><div id="a9303" style="position:absolute;font-family:'Arial';left:513px;top:185px;">167,645</div><div id="a9307" style="position:absolute;font-family:'Arial';left:597px;top:185px;">167,645</div><div id="a9309" style="position:absolute;font-family:'Arial';left:8px;top:202px;">Weighted average diluted shares of common stock<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding </div><div id="a9313" style="position:absolute;font-family:'Arial';left:513px;top:202px;">167,645</div><div id="a9317" style="position:absolute;font-family:'Arial';left:597px;top:202px;">167,645</div><div id="a9319" style="position:absolute;font-family:'Arial';left:8px;top:219px;">Loss Per Share (US$):<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9327" style="position:absolute;font-family:'Arial';left:8px;top:236px;">Basic </div><div id="a9331" style="position:absolute;font-family:'Arial';left:531px;top:236px;display:flex;">(1.90)</div><div id="a9335" style="position:absolute;font-family:'Arial';left:614px;top:236px;display:flex;">(0.57)</div><div id="a9337" style="position:absolute;font-family:'Arial';left:8px;top:253px;">Diluted </div><div id="a9341" style="position:absolute;font-family:'Arial';left:531px;top:253px;display:flex;">(1.90)</div><div id="a9345" style="position:absolute;font-family:'Arial';left:614px;top:253px;display:flex;">(0.57)</div></div></div></div></div><div id="TextBlockContainer230" style="position:relative;line-height:normal;width:654px;height:32px;"><div id="TextContainer230" style="position:relative;width:654px;z-index:1;font-size:13.28px;"><div id="a9348" style="position:absolute;font-family:'Arial';left:5px;top:0px;">The Company’s common stock is publicly traded on<div style="display:inline-block;width:5px;white-space:pre"> </div>the ASX in the form of CDIs, convertible at the option of </div><div id="a9349" style="position:absolute;font-family:'Arial';left:5px;top:15px;">the holders into shares of the Company’s common<div style="display:inline-block;width:5px;white-space:pre"> </div>stock on a </div><div id="a9349_59_2" style="position:absolute;font-family:'Arial';left:370px;top:15px;">10</div><div id="a9349_61_13" style="position:absolute;font-family:'Arial';left:385px;top:15px;">-for-1 basis.</div></div></div>
<div id="TextBlockContainer225" style="position:relative;line-height:normal;width:666px;height:270px;"><div style="position:absolute; width:480.1px; height:1px; left:5px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:491.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:503.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:64.4px; height:1px; left:503.8px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:568.2px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:568.8px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:574.1px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.4px; height:1px; left:574.7px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:586.1px; top:97.2px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:65.4px; height:1px; left:586.7px; top:97.2px; background-color:#407EC9; "> </div>
<div id="TextContainer225" style="position:relative;width:666px;z-index:1;font-size:13.28px;"><div id="a9239" style="position:absolute;font-family:'Arial';left:8px;top:0px;">Basic and diluted loss per share were calculated as<div style="display:inline-block;width:5px;white-space:pre"> </div>follows (in thousands, except per share data): </div><div id="a9250" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:519px;top:58px;">Three months ended<div style="display:inline-block;width:2px;white-space:pre"> </div></div><div id="a9252" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:547px;top:70px;">March 31, </div><div id="a9254" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:8px;top:85px;">(in US$ thousands, except per share data) </div><div id="a9257" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:518px;top:85px;">2026 </div><div id="a9260" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:601px;top:85px;">2025 </div><div id="a9262" style="position:absolute;font-family:'Arial';left:8px;top:100px;">Numerator: </div><div id="a9270" style="position:absolute;font-family:'Arial';left:8px;top:117px;">Net loss attributable to Company stockholders<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9273" style="position:absolute;font-family:'Arial';left:494px;top:117px;">$ </div><div id="a9275" style="position:absolute;font-family:'Arial';left:508px;top:117px;display:flex;">(318,590)</div><div id="a9278" style="position:absolute;font-family:'Arial';left:577px;top:117px;">$ </div><div id="a9280" style="position:absolute;font-family:'Arial';left:600px;top:117px;display:flex;">(96,198)</div><div id="a9289" style="position:absolute;font-family:'Arial';left:8px;top:151px;">Denominator (in thousands):<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9297" style="position:absolute;font-family:'Arial';left:8px;top:169px;">Weighted average shares of common stock<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9299" style="position:absolute;font-family:'Arial';left:8px;top:185px;">outstanding </div><div id="a9303" style="position:absolute;font-family:'Arial';left:513px;top:185px;">167,645</div><div id="a9307" style="position:absolute;font-family:'Arial';left:597px;top:185px;">167,645</div><div id="a9309" style="position:absolute;font-family:'Arial';left:8px;top:202px;">Weighted average diluted shares of common stock<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding </div><div id="a9313" style="position:absolute;font-family:'Arial';left:513px;top:202px;">167,645</div><div id="a9317" style="position:absolute;font-family:'Arial';left:597px;top:202px;">167,645</div><div id="a9319" style="position:absolute;font-family:'Arial';left:8px;top:219px;">Loss Per Share (US$):<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9327" style="position:absolute;font-family:'Arial';left:8px;top:236px;">Basic </div><div id="a9331" style="position:absolute;font-family:'Arial';left:531px;top:236px;display:flex;">(1.90)</div><div id="a9335" style="position:absolute;font-family:'Arial';left:614px;top:236px;display:flex;">(0.57)</div><div id="a9337" style="position:absolute;font-family:'Arial';left:8px;top:253px;">Diluted </div><div id="a9341" style="position:absolute;font-family:'Arial';left:531px;top:253px;display:flex;">(1.90)</div><div id="a9345" style="position:absolute;font-family:'Arial';left:614px;top:253px;display:flex;">(0.57)</div></div></div>
-318590000
-96198000
167645000
167645000
167645000
167645000
-1.90
-0.57
-1.90
-0.57
10
<div id="TextBlockContainer233" style="position:relative;line-height:normal;width:676px;height:478px;"><div id="TextContainer233" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9356" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">15.<div style="display:inline-block;width:30px;white-space:pre"> </div>Derivatives and Fair Value<div style="display:inline-block;width:5px;white-space:pre"> </div>Measurement </div><div id="a9360" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:29px;">a) Derivatives </div><div id="a9362" style="position:absolute;font-family:'Arial';left:5px;top:57px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>may<div style="display:inline-block;width:5px;white-space:pre"> </div>use<div style="display:inline-block;width:5px;white-space:pre"> </div>derivative<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>instruments<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>manage<div style="display:inline-block;width:5px;white-space:pre"> </div>its<div style="display:inline-block;width:5px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>risks<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>normal<div style="display:inline-block;width:5px;white-space:pre"> </div>course<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a9363" style="position:absolute;font-family:'Arial';left:5px;top:73px;">operations, including foreign<div style="display:inline-block;width:6px;white-space:pre"> </div>currency risks, commodity<div style="display:inline-block;width:6px;white-space:pre"> </div>price risk related<div style="display:inline-block;width:5px;white-space:pre"> </div>to purchase of<div style="display:inline-block;width:5px;white-space:pre"> </div>raw materials (such<div style="display:inline-block;width:6px;white-space:pre"> </div>as </div><div id="a9364" style="position:absolute;font-family:'Arial';left:5px;top:88px;">gas or<div style="display:inline-block;width:2px;white-space:pre"> </div>diesel) and interest<div style="display:inline-block;width:2px;white-space:pre"> </div>rate risk. Derivatives<div style="display:inline-block;width:2px;white-space:pre"> </div>for speculative purposes<div style="display:inline-block;width:2px;white-space:pre"> </div>are strictly prohibited<div style="display:inline-block;width:2px;white-space:pre"> </div>under the Treasury </div><div id="a9366" style="position:absolute;font-family:'Arial';left:5px;top:103px;">Risk Management Policy approved by the Board of Directors.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9368" style="position:absolute;font-family:'Arial';left:5px;top:132px;">The financing<div style="display:inline-block;width:6px;white-space:pre"> </div>counterparties<div style="display:inline-block;width:5px;white-space:pre"> </div>to the<div style="display:inline-block;width:6px;white-space:pre"> </div>derivative<div style="display:inline-block;width:5px;white-space:pre"> </div>contracts<div style="display:inline-block;width:5px;white-space:pre"> </div>potentially expose<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>to credit-related<div style="display:inline-block;width:7px;white-space:pre"> </div>risk. </div><div id="a9371" style="position:absolute;font-family:'Arial';left:5px;top:147px;">Credit risk is the risk that a<div style="display:inline-block;width:2px;white-space:pre"> </div>third party might fail to fulfill its obligations under the<div style="display:inline-block;width:2px;white-space:pre"> </div>terms of the financial instrument. </div><div id="a9373" style="position:absolute;font-family:'Arial';left:5px;top:163px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>mitigates<div style="display:inline-block;width:5px;white-space:pre"> </div>credit risk<div style="display:inline-block;width:6px;white-space:pre"> </div>by entering<div style="display:inline-block;width:6px;white-space:pre"> </div>into derivative<div style="display:inline-block;width:6px;white-space:pre"> </div>contracts with<div style="display:inline-block;width:6px;white-space:pre"> </div>high credit<div style="display:inline-block;width:6px;white-space:pre"> </div>quality counterparties, </div><div id="a9374" style="position:absolute;font-family:'Arial';left:5px;top:178px;">limiting the amount of exposure to each counterparty and<div style="display:inline-block;width:5px;white-space:pre"> </div>frequently monitoring their financial condition.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9377" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:207px;">Forward foreign currency contracts </div><div id="a9379" style="position:absolute;font-family:'Arial';left:5px;top:235px;">The Company’s Australian Operations utilize the cash<div style="display:inline-block;width:5px;white-space:pre"> </div>generated from US$ denominated coal sales revenues to </div><div id="a9384" style="position:absolute;font-family:'Arial';left:5px;top:251px;">fund<div style="display:inline-block;width:6px;white-space:pre"> </div>operating<div style="display:inline-block;width:6px;white-space:pre"> </div>costs,<div style="display:inline-block;width:6px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>predominantly<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>A$.<div style="display:inline-block;width:6px;white-space:pre"> </div>During<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>three<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a9387" style="position:absolute;font-family:'Arial';left:5px;top:266px;">Company entered into forward foreign currency contracts to hedge its<div style="display:inline-block;width:2px;white-space:pre"> </div>foreign exchange exposure on a portion of </div><div id="a9389" style="position:absolute;font-family:'Arial';left:5px;top:281px;">the US$ denominated coal sales revenue at its Australian Operations,<div style="display:inline-block;width:5px;white-space:pre"> </div>whose functional currency is A$.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9392" style="position:absolute;font-family:'Arial';left:5px;top:310px;">The aggregate<div style="display:inline-block;width:5px;white-space:pre"> </div>notional amount<div style="display:inline-block;width:5px;white-space:pre"> </div>of the<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding forward<div style="display:inline-block;width:6px;white-space:pre"> </div>foreign currency<div style="display:inline-block;width:6px;white-space:pre"> </div>derivative contracts<div style="display:inline-block;width:6px;white-space:pre"> </div>designated as </div><div id="a9393" style="position:absolute;font-family:'Arial';left:5px;top:325px;">cash flow<div style="display:inline-block;width:5px;white-space:pre"> </div>hedges was<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9393_22_4" style="position:absolute;font-family:'Arial';left:149px;top:325px;">30.0</div><div id="a9393_26_83" style="position:absolute;font-family:'Arial';left:175px;top:325px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million as<div style="display:inline-block;width:5px;white-space:pre"> </div>at March<div style="display:inline-block;width:5px;white-space:pre"> </div>31, 2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>with maturity<div style="display:inline-block;width:5px;white-space:pre"> </div>dates varying<div style="display:inline-block;width:5px;white-space:pre"> </div>from April<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 to<div style="display:inline-block;width:5px;white-space:pre"> </div>June </div><div id="a9404" style="position:absolute;font-family:'Arial';left:5px;top:341px;">2026. Given the forward foreign currency contracts were designated as cash flow hedges, the unrealized<div style="display:inline-block;width:5px;white-space:pre"> </div>loss of </div><div id="a9408" style="position:absolute;font-family:'Arial';left:5px;top:356px;">$</div><div id="a9408_1_3" style="position:absolute;font-family:'Arial';left:12px;top:356px;">0.1</div><div id="a9408_4_101" style="position:absolute;font-family:'Arial';left:31px;top:356px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:5px;white-space:pre"> </div>was<div style="display:inline-block;width:6px;white-space:pre"> </div>recognized<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>“Accumulated<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:5px;white-space:pre"> </div>comprehensive<div style="display:inline-block;width:6px;white-space:pre"> </div>loss”<div style="display:inline-block;width:6px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>unaudited </div><div id="a9420" style="position:absolute;font-family:'Arial';left:5px;top:371px;">Condensed<div style="display:inline-block;width:7px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>Balance<div style="display:inline-block;width:7px;white-space:pre"> </div>Sheet,<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>will<div style="display:inline-block;width:7px;white-space:pre"> </div>be<div style="display:inline-block;width:7px;white-space:pre"> </div>reclassified<div style="display:inline-block;width:7px;white-space:pre"> </div>into<div style="display:inline-block;width:7px;white-space:pre"> </div>“Coal<div style="display:inline-block;width:7px;white-space:pre"> </div>revenues”<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Condensed </div><div id="a9424" style="position:absolute;font-family:'Arial';left:5px;top:387px;">Consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>Statements<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Operations<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>Comprehensive<div style="display:inline-block;width:8px;white-space:pre"> </div>Income<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>period<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>which<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>hedged </div><div id="a9425" style="position:absolute;font-family:'Arial';left:5px;top:402px;">transaction<div style="display:inline-block;width:5px;white-space:pre"> </div>impacts<div style="display:inline-block;width:5px;white-space:pre"> </div>income,<div style="display:inline-block;width:5px;white-space:pre"> </div>expected<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>be<div style="display:inline-block;width:5px;white-space:pre"> </div>within<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>next<div style="display:inline-block;width:5px;white-space:pre"> </div>3<div style="display:inline-block;width:5px;white-space:pre"> </div>months.<div style="display:inline-block;width:5px;white-space:pre"> </div>Refer<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>Note<div style="display:inline-block;width:5px;white-space:pre"> </div>16.<div style="display:inline-block;width:5px;white-space:pre"> </div>“Accumulated<div style="display:inline-block;width:5px;white-space:pre"> </div>Other </div><div id="a9428" style="position:absolute;font-family:'Arial';left:5px;top:417px;">Comprehensive Losses.”<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9432" style="position:absolute;font-family:'Arial';left:5px;top:446px;">As of March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the Company recognized<div style="display:inline-block;width:5px;white-space:pre"> </div>a derivative liability<div style="display:inline-block;width:5px;white-space:pre"> </div>of $</div><div id="a9432_72_3" style="position:absolute;font-family:'Arial';left:432px;top:446px;">0.1</div><div id="a9432_75_39" style="position:absolute;font-family:'Arial';left:450px;top:446px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million in respect of<div style="display:inline-block;width:5px;white-space:pre"> </div>forward foreign </div><div id="a9440" style="position:absolute;font-family:'Arial';left:5px;top:461px;">currency contracts<div style="display:inline-block;width:5px;white-space:pre"> </div>unrealized loss,<div style="display:inline-block;width:6px;white-space:pre"> </div>classified within<div style="display:inline-block;width:6px;white-space:pre"> </div>“</div><div id="a9440_55_27" style="position:absolute;font-family:'Arial';left:319px;top:461px;-sec-ix-hidden:ID_687;">Other Financial Liabilities</div><div id="a9440_82_32" style="position:absolute;font-family:'Arial';left:469px;top:461px;">”. As<div style="display:inline-block;width:5px;white-space:pre"> </div>of December<div style="display:inline-block;width:5px;white-space:pre"> </div>31, 2025,<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div></div></div><div id="TextBlockContainer236" style="position:relative;line-height:normal;width:676px;height:61px;"><div style="position:absolute; width:105.3px; height:1px; left:5px; top:-40.4px; background-color:#0563C1; "> </div>
<div id="TextContainer236" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9460" style="position:absolute;font-family:'Arial';left:5px;top:0px;">Company recognized a derivative<div style="display:inline-block;width:2px;white-space:pre"> </div>asset of $</div><div id="a9460_42_3" style="position:absolute;font-family:'Arial';left:261px;top:0px;">2.5</div><div id="a9460_45_69" style="position:absolute;font-family:'Arial';left:279px;top:0px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million in respect of<div style="display:inline-block;width:2px;white-space:pre"> </div>forward foreign currency contracts<div style="display:inline-block;width:2px;white-space:pre"> </div>unrealized </div><div id="a9461" style="position:absolute;font-family:'Arial';left:5px;top:15px;">gain, classified within “</div><div id="a9461_25_12" style="position:absolute;font-family:'Arial';left:138px;top:15px;-sec-ix-hidden:ID_686;">Other assets</div><div id="a9461_37_3" style="position:absolute;font-family:'Arial';left:214px;top:15px;">”. </div><div id="a9463" style="position:absolute;font-family:'Arial';left:5px;top:44px;">The following table presents the details of outstanding<div style="display:inline-block;width:5px;white-space:pre"> </div>foreign currency contracts:</div></div></div><div id="TextBlockContainer242" style="position:relative;line-height:normal;width:653px;height:133px;"><div id="div_239_XBRL_TS_1f0953bf6b97400198709b713d0c5b01" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer240" style="position:relative;line-height:normal;width:653px;height:133px;"><div style="position:absolute; width:68px; height:1px; left:221.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:289.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:290.1px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:295.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:60.3px; height:1px; left:296.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:356.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:357.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:362.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:70.2px; height:1px; left:363.3px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:68px; height:1px; left:439.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:507.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:508.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:513.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:61.4px; height:1px; left:514.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:575.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:576.3px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:582.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:211.1px; height:1px; left:4.4px; top:69.9px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:68px; height:1px; left:221.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:61px; height:1px; left:295.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:70.9px; height:1px; left:362.6px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:68px; height:1px; left:439.6px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:62.1px; height:1px; left:513.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:70.1px; height:1px; left:581.5px; top:69.9px; background-color:#407EC9; "> </div>
<div id="TextContainer240" style="position:relative;width:653px;z-index:1;font-size:13.28px;"><div id="a9480" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407ECC;left:289px;top:0px;">March 31, 2026 </div><div id="a9483" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407ECC;left:497px;top:0px;">December 31, 2025 </div><div id="a9487" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:233px;top:33px;">Notional </div><div id="a9488" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:236px;top:45px;">amount </div><div id="a9489" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:224px;top:58px;">(thousands) </div><div id="a9492" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:309px;top:45px;">Unit of </div><div id="a9493" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:304px;top:58px;">measure </div><div id="a9496" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:378px;top:33px;">Varying </div><div id="a9497" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:376px;top:45px;">maturity </div><div id="a9498" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:384px;top:58px;">dates </div><div id="a9501" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:452px;top:33px;">Notional </div><div id="a9502" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:454px;top:45px;">amount </div><div id="a9503" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:442px;top:58px;">(thousands) </div><div id="a9506" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:527px;top:45px;">Unit of </div><div id="a9507" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:522px;top:58px;">measure </div><div id="a9510" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:596px;top:33px;">Varying </div><div id="a9511" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:595px;top:45px;">maturity </div><div id="a9512" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:602px;top:58px;">dates </div><div id="a9514" style="position:absolute;font-family:'Arial';left:7px;top:86px;">Designated forward foreign </div><div id="a9515" style="position:absolute;font-family:'Arial';left:7px;top:101px;">currency contracts </div><div id="a9518_1_6" style="position:absolute;font-family:'Arial';left:236px;top:94px;">30,000</div><div id="a9518_7_2" style="position:absolute;font-family:'Arial';left:277px;top:94px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9522" style="position:absolute;font-family:'Arial';left:313px;top:94px;">US$ </div><div id="a9525" style="position:absolute;font-family:'Arial';left:368px;top:78px;">April 2026 </div><div id="a9526" style="position:absolute;font-family:'Arial';left:395px;top:94px;">-<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9529" style="position:absolute;font-family:'Arial';left:366px;top:109px;">June 2026 </div><div id="a9532_1_6" style="position:absolute;font-family:'Arial';left:454px;top:94px;">80,000</div><div id="a9532_7_2" style="position:absolute;font-family:'Arial';left:495px;top:94px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9536" style="position:absolute;font-family:'Arial';left:531px;top:94px;">US$ </div><div id="a9539" style="position:absolute;font-family:'Arial';left:590px;top:71px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>January </div><div id="a9541" style="position:absolute;font-family:'Arial';left:599px;top:86px;">2026- </div><div id="a9544" style="position:absolute;font-family:'Arial';left:597px;top:101px;">March </div><div id="a9545" style="position:absolute;font-family:'Arial';left:601px;top:117px;">2026</div></div></div></div></div><div id="TextBlockContainer245" style="position:relative;line-height:normal;width:676px;height:505px;"><div id="TextContainer245" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9561" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:0px;">b) Fair Value Measurement </div><div id="a9563" style="position:absolute;font-family:'Arial';left:5px;top:29px;">The fair<div style="display:inline-block;width:5px;white-space:pre"> </div>value of<div style="display:inline-block;width:5px;white-space:pre"> </div>a financial<div style="display:inline-block;width:5px;white-space:pre"> </div>instrument is<div style="display:inline-block;width:5px;white-space:pre"> </div>the amount<div style="display:inline-block;width:5px;white-space:pre"> </div>that will<div style="display:inline-block;width:5px;white-space:pre"> </div>be received<div style="display:inline-block;width:5px;white-space:pre"> </div>to sell<div style="display:inline-block;width:5px;white-space:pre"> </div>an asset<div style="display:inline-block;width:5px;white-space:pre"> </div>or paid<div style="display:inline-block;width:5px;white-space:pre"> </div>to transfer<div style="display:inline-block;width:5px;white-space:pre"> </div>a </div><div id="a9564" style="position:absolute;font-family:'Arial';left:5px;top:44px;">liability in<div style="display:inline-block;width:2px;white-space:pre"> </div>an orderly transaction<div style="display:inline-block;width:2px;white-space:pre"> </div>between market participants<div style="display:inline-block;width:2px;white-space:pre"> </div>at the<div style="display:inline-block;width:2px;white-space:pre"> </div>measurement date. The<div style="display:inline-block;width:2px;white-space:pre"> </div>fair values<div style="display:inline-block;width:2px;white-space:pre"> </div>of financial </div><div id="a9565" style="position:absolute;font-family:'Arial';left:5px;top:59px;">instruments involve uncertainty and cannot be determined with<div style="display:inline-block;width:5px;white-space:pre"> </div>precision. </div><div id="a9568" style="position:absolute;font-family:'Arial';left:5px;top:88px;">The Company utilizes valuation<div style="display:inline-block;width:5px;white-space:pre"> </div>techniques that maximize<div style="display:inline-block;width:5px;white-space:pre"> </div>the use of observable inputs<div style="display:inline-block;width:5px;white-space:pre"> </div>and minimize the use of </div><div id="a9569" style="position:absolute;font-family:'Arial';left:5px;top:103px;">unobservable<div style="display:inline-block;width:6px;white-space:pre"> </div>inputs<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>extent<div style="display:inline-block;width:6px;white-space:pre"> </div>possible.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>determines<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>based<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>assumptions<div style="display:inline-block;width:6px;white-space:pre"> </div>that </div><div id="a9570" style="position:absolute;font-family:'Arial';left:5px;top:119px;">market participants would use in pricing<div style="display:inline-block;width:5px;white-space:pre"> </div>an asset or liability in the<div style="display:inline-block;width:5px;white-space:pre"> </div>market.<div style="display:inline-block;width:8px;white-space:pre"> </div>When considering market participant </div><div id="a9573" style="position:absolute;font-family:'Arial';left:5px;top:134px;">assumptions in fair<div style="display:inline-block;width:2px;white-space:pre"> </div>value measurements, the<div style="display:inline-block;width:2px;white-space:pre"> </div>following fair value<div style="display:inline-block;width:2px;white-space:pre"> </div>hierarchy distinguishes between observable<div style="display:inline-block;width:2px;white-space:pre"> </div>and </div><div id="a9574" style="position:absolute;font-family:'Arial';left:5px;top:149px;">unobservable inputs, which are categorized in one of the following<div style="display:inline-block;width:5px;white-space:pre"> </div>levels: </div><div id="a9577" style="position:absolute;font-family:'Arial';left:5px;top:178px;">Level<div style="display:inline-block;width:5px;white-space:pre"> </div>1 Inputs:<div style="display:inline-block;width:11px;white-space:pre"> </div>Unadjusted<div style="display:inline-block;width:5px;white-space:pre"> </div>quoted<div style="display:inline-block;width:5px;white-space:pre"> </div>prices<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>active<div style="display:inline-block;width:5px;white-space:pre"> </div>markets<div style="display:inline-block;width:5px;white-space:pre"> </div>for identical<div style="display:inline-block;width:6px;white-space:pre"> </div>assets<div style="display:inline-block;width:5px;white-space:pre"> </div>or liabilities<div style="display:inline-block;width:6px;white-space:pre"> </div>accessible<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a9578" style="position:absolute;font-family:'Arial';left:5px;top:193px;">reporting entity at the measurement date. </div><div id="a9580" style="position:absolute;font-family:'Arial';left:5px;top:222px;">Level 2 Inputs:<div style="display:inline-block;width:8px;white-space:pre"> </div>Other than quoted prices that are observable for the<div style="display:inline-block;width:5px;white-space:pre"> </div>asset or liability,<div style="display:inline-block;width:5px;white-space:pre"> </div>either directly or indirectly, </div><div id="a9581" style="position:absolute;font-family:'Arial';left:5px;top:237px;">for substantially the full term of the asset or liability. </div><div id="a9583" style="position:absolute;font-family:'Arial';left:5px;top:266px;">Level<div style="display:inline-block;width:6px;white-space:pre"> </div>3<div style="display:inline-block;width:6px;white-space:pre"> </div>Inputs:<div style="display:inline-block;width:12px;white-space:pre"> </div>Unobservable<div style="display:inline-block;width:6px;white-space:pre"> </div>inputs<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>asset<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>liability<div style="display:inline-block;width:6px;white-space:pre"> </div>used<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>measure<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>extent<div style="display:inline-block;width:6px;white-space:pre"> </div>that </div><div id="a9584" style="position:absolute;font-family:'Arial';left:5px;top:281px;">observable inputs<div style="display:inline-block;width:5px;white-space:pre"> </div>are not<div style="display:inline-block;width:5px;white-space:pre"> </div>available, thereby<div style="display:inline-block;width:5px;white-space:pre"> </div>allowing for<div style="display:inline-block;width:5px;white-space:pre"> </div>situations in<div style="display:inline-block;width:5px;white-space:pre"> </div>which there<div style="display:inline-block;width:5px;white-space:pre"> </div>is little, if<div style="display:inline-block;width:6px;white-space:pre"> </div>any,<div style="display:inline-block;width:5px;white-space:pre"> </div>market activity </div><div id="a9585" style="position:absolute;font-family:'Arial';left:5px;top:297px;">for the asset or liability at measurement date. </div><div id="a9588" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:325px;">Financial Instruments Measured on a Recurring Basis </div><div id="a9590" style="position:absolute;font-family:'Arial';left:5px;top:354px;">As of<div style="display:inline-block;width:2px;white-space:pre"> </div>March 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:2px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:2px;white-space:pre"> </div>2025, the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company’s forward foreign<div style="display:inline-block;width:2px;white-space:pre"> </div>currency contracts, a<div style="display:inline-block;width:2px;white-space:pre"> </div>net derivative </div><div id="a9592" style="position:absolute;font-family:'Arial';left:5px;top:369px;">liability<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9592_14_3" style="position:absolute;font-family:'Arial';left:74px;top:369px;">0.1</div><div id="a9592_17_34" style="position:absolute;font-family:'Arial';left:92px;top:369px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>derivative<div style="display:inline-block;width:5px;white-space:pre"> </div>asset<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9592_51_3" style="position:absolute;font-family:'Arial';left:290px;top:369px;">2.5</div><div id="a9592_54_61" style="position:absolute;font-family:'Arial';left:309px;top:369px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million,<div style="display:inline-block;width:5px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:5px;white-space:pre"> </div>required<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>be<div style="display:inline-block;width:5px;white-space:pre"> </div>measured<div style="display:inline-block;width:5px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>fair </div><div id="a9600" style="position:absolute;font-family:'Arial';left:5px;top:385px;">value on a<div style="display:inline-block;width:6px;white-space:pre"> </div>recurring basis<div style="display:inline-block;width:5px;white-space:pre"> </div>based on<div style="display:inline-block;width:5px;white-space:pre"> </div>a valuation<div style="display:inline-block;width:5px;white-space:pre"> </div>that is<div style="display:inline-block;width:5px;white-space:pre"> </div>corroborated by<div style="display:inline-block;width:5px;white-space:pre"> </div>the use<div style="display:inline-block;width:5px;white-space:pre"> </div>of market-based<div style="display:inline-block;width:5px;white-space:pre"> </div>pricing (Level </div><div id="a9603" style="position:absolute;font-family:'Arial';left:5px;top:400px;">2). </div><div id="a9605" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:429px;">Financial Instruments Measured on a Nonrecurring<div style="display:inline-block;width:5px;white-space:pre"> </div>Basis </div><div id="a9607" style="position:absolute;font-family:'Arial';left:5px;top:457px;">Other than the estimated<div style="display:inline-block;width:5px;white-space:pre"> </div>fair value of the assets<div style="display:inline-block;width:5px;white-space:pre"> </div>described in Note 4. “Impairment<div style="display:inline-block;width:6px;white-space:pre"> </div>of assets”, which are<div style="display:inline-block;width:5px;white-space:pre"> </div>Level 3 </div><div id="a9610" style="position:absolute;font-family:'Arial';left:5px;top:473px;">fair value, there were </div><div id="a9610_23_2" style="position:absolute;font-family:'Arial';left:134px;top:473px;">no</div><div id="a9610_25_90" style="position:absolute;font-family:'Arial';left:148px;top:473px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>other assets and liabilities that<div style="display:inline-block;width:5px;white-space:pre"> </div>were measured at fair value<div style="display:inline-block;width:5px;white-space:pre"> </div>on a nonrecurring basis<div style="display:inline-block;width:5px;white-space:pre"> </div>as </div><div id="a9611" style="position:absolute;font-family:'Arial';left:5px;top:488px;">of March 31, 2026, and December 31, 2025.</div></div></div><div id="TextBlockContainer248" style="position:relative;line-height:normal;width:676px;height:176px;"><div id="TextContainer248" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9615" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:0px;">Other Financial Instruments </div><div id="a9617" style="position:absolute;font-family:'Arial';left:5px;top:29px;">The following methods and assumptions were used to estimate the fair value of other financial instruments<div style="display:inline-block;width:5px;white-space:pre"> </div>as of </div><div id="a9618" style="position:absolute;font-family:'Arial';left:5px;top:44px;">March 31, 2026 and December 31, 2025: </div><div id="a9620" style="position:absolute;font-family:'Times New Roman';left:29px;top:71px;">●</div><div id="a9621" style="position:absolute;font-family:'Arial';left:35px;top:71px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>Cash and cash equivalents,<div style="display:inline-block;width:6px;white-space:pre"> </div>accounts receivable, accounts<div style="display:inline-block;width:5px;white-space:pre"> </div>payable, accrued expenses,<div style="display:inline-block;width:6px;white-space:pre"> </div>lease liabilities </div><div id="a9625" style="position:absolute;font-family:'Arial';left:53px;top:86px;">and<div style="display:inline-block;width:7px;white-space:pre"> </div>other<div style="display:inline-block;width:7px;white-space:pre"> </div>current<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>liabilities:<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>carrying<div style="display:inline-block;width:7px;white-space:pre"> </div>amounts<div style="display:inline-block;width:7px;white-space:pre"> </div>reported<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:7px;white-space:pre"> </div>Condensed </div><div id="a9630" style="position:absolute;font-family:'Arial';left:53px;top:102px;">Consolidated Balance Sheets approximated<div style="display:inline-block;width:5px;white-space:pre"> </div>fair value due to the short maturity of these instruments. </div><div id="a9636" style="position:absolute;font-family:'Times New Roman';left:29px;top:129px;">●</div><div id="a9637" style="position:absolute;font-family:'Arial';left:35px;top:128px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>Restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>deposits,<div style="display:inline-block;width:7px;white-space:pre"> </div>lease<div style="display:inline-block;width:6px;white-space:pre"> </div>liabilities,<div style="display:inline-block;width:6px;white-space:pre"> </div>interest<div style="display:inline-block;width:6px;white-space:pre"> </div>bearing<div style="display:inline-block;width:7px;white-space:pre"> </div>liabilities<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>liabilities:<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>fair </div><div id="a9641" style="position:absolute;font-family:'Arial';left:53px;top:144px;">values approximate<div style="display:inline-block;width:2px;white-space:pre"> </div>d<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>carrying<div style="display:inline-block;width:5px;white-space:pre"> </div>values<div style="display:inline-block;width:5px;white-space:pre"> </div>reported<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:5px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:5px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:5px;white-space:pre"> </div>Balance </div><div id="a9645" style="position:absolute;font-family:'Arial';left:53px;top:159px;">Sheets. </div></div></div><div id="TextBlockContainer251" style="position:relative;line-height:normal;width:651px;height:93px;"><div style="position:absolute; width:105.3px; height:1px; left:-19px; top:-41.5px; background-color:#0563C1; "> </div>
<div id="TextContainer251" style="position:relative;width:651px;z-index:1;font-size:13.28px;"><div id="a9660" style="position:absolute;font-family:'Times New Roman';left:4px;top:0px;">●</div><div id="a9661" style="position:absolute;font-family:'Arial';left:11px;top:0px;"><div style="display:inline-block;width:18px;white-space:pre"> </div>Interest bearing liabilities: The<div style="display:inline-block;width:2px;white-space:pre"> </div>Company’s outstanding interest-bearing liabilities are carried at<div style="display:inline-block;width:2px;white-space:pre"> </div>amortized </div><div id="a9665" style="position:absolute;font-family:'Arial';left:29px;top:15px;">cost. As of March 31, 2026, the<div style="display:inline-block;width:2px;white-space:pre"> </div>fair value of the amounts drawn under the ABL<div style="display:inline-block;width:2px;white-space:pre"> </div>Facility approximated<div style="display:inline-block;width:4px;white-space:pre"> </div>the </div><div id="a9671" style="position:absolute;font-family:'Arial';left:29px;top:30px;">carrying value reported<div style="display:inline-block;width:5px;white-space:pre"> </div>in the consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance sheets. The<div style="display:inline-block;width:5px;white-space:pre"> </div>estimated fair value<div style="display:inline-block;width:6px;white-space:pre"> </div>of the Notes<div style="display:inline-block;width:5px;white-space:pre"> </div>as of </div><div id="a9676" style="position:absolute;font-family:'Arial';left:29px;top:46px;">March 31, 2026<div style="display:inline-block;width:5px;white-space:pre"> </div>was approximately<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9676_34_5" style="position:absolute;font-family:'Arial';left:248px;top:46px;">362.6</div><div id="a9676_39_61" style="position:absolute;font-family:'Arial';left:282px;top:46px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million based upon<div style="display:inline-block;width:5px;white-space:pre"> </div>quoted market prices<div style="display:inline-block;width:5px;white-space:pre"> </div>in a market<div style="display:inline-block;width:5px;white-space:pre"> </div>that is </div><div id="a9683" style="position:absolute;font-family:'Arial';left:29px;top:61px;">not considered active (Level 2). The<div style="display:inline-block;width:5px;white-space:pre"> </div>estimated fair value of the<div style="display:inline-block;width:5px;white-space:pre"> </div>Curragh Housing loan was $</div><div id="a9683_91_4" style="position:absolute;font-family:'Arial';left:571px;top:61px;">25.6</div><div id="a9683_95_9" style="position:absolute;font-family:'Arial';left:597px;top:61px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million </div><div id="a9692" style="position:absolute;font-family:'Arial';left:29px;top:77px;">based upon unobservable inputs (Level 3).</div></div></div>
30000000.0
-100000
100000
2500000
<div id="TextBlockContainer240" style="position:relative;line-height:normal;width:653px;height:133px;"><div style="position:absolute; width:68px; height:1px; left:221.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:289.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:290.1px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:295.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:60.3px; height:1px; left:296.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:356.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.4px; height:1px; left:357.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:362.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:70.2px; height:1px; left:363.3px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:68px; height:1px; left:439.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:507.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:508.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:513.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:61.4px; height:1px; left:514.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:575.6px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:5.3px; height:1px; left:576.3px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:1px; height:1px; left:581.5px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:69.4px; height:1px; left:582.2px; top:12.1px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:211.1px; height:1px; left:4.4px; top:69.9px; background-color:#407ECC; "> </div>
<div style="position:absolute; width:68px; height:1px; left:221.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:61px; height:1px; left:295.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:70.9px; height:1px; left:362.6px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:68px; height:1px; left:439.6px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:62.1px; height:1px; left:513.5px; top:69.9px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:70.1px; height:1px; left:581.5px; top:69.9px; background-color:#407EC9; "> </div>
<div id="TextContainer240" style="position:relative;width:653px;z-index:1;font-size:13.28px;"><div id="a9480" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407ECC;left:289px;top:0px;">March 31, 2026 </div><div id="a9483" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407ECC;left:497px;top:0px;">December 31, 2025 </div><div id="a9487" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:233px;top:33px;">Notional </div><div id="a9488" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:236px;top:45px;">amount </div><div id="a9489" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:224px;top:58px;">(thousands) </div><div id="a9492" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:309px;top:45px;">Unit of </div><div id="a9493" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:304px;top:58px;">measure </div><div id="a9496" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:378px;top:33px;">Varying </div><div id="a9497" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:376px;top:45px;">maturity </div><div id="a9498" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:384px;top:58px;">dates </div><div id="a9501" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:452px;top:33px;">Notional </div><div id="a9502" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:454px;top:45px;">amount </div><div id="a9503" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:442px;top:58px;">(thousands) </div><div id="a9506" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:527px;top:45px;">Unit of </div><div id="a9507" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:522px;top:58px;">measure </div><div id="a9510" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:596px;top:33px;">Varying </div><div id="a9511" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:595px;top:45px;">maturity </div><div id="a9512" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:602px;top:58px;">dates </div><div id="a9514" style="position:absolute;font-family:'Arial';left:7px;top:86px;">Designated forward foreign </div><div id="a9515" style="position:absolute;font-family:'Arial';left:7px;top:101px;">currency contracts </div><div id="a9518_1_6" style="position:absolute;font-family:'Arial';left:236px;top:94px;">30,000</div><div id="a9518_7_2" style="position:absolute;font-family:'Arial';left:277px;top:94px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9522" style="position:absolute;font-family:'Arial';left:313px;top:94px;">US$ </div><div id="a9525" style="position:absolute;font-family:'Arial';left:368px;top:78px;">April 2026 </div><div id="a9526" style="position:absolute;font-family:'Arial';left:395px;top:94px;">-<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9529" style="position:absolute;font-family:'Arial';left:366px;top:109px;">June 2026 </div><div id="a9532_1_6" style="position:absolute;font-family:'Arial';left:454px;top:94px;">80,000</div><div id="a9532_7_2" style="position:absolute;font-family:'Arial';left:495px;top:94px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9536" style="position:absolute;font-family:'Arial';left:531px;top:94px;">US$ </div><div id="a9539" style="position:absolute;font-family:'Arial';left:590px;top:71px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>January </div><div id="a9541" style="position:absolute;font-family:'Arial';left:599px;top:86px;">2026- </div><div id="a9544" style="position:absolute;font-family:'Arial';left:597px;top:101px;">March </div><div id="a9545" style="position:absolute;font-family:'Arial';left:601px;top:117px;">2026</div></div></div>
30000000
30000000
80000000
100000
2500000
0
0
0
0
362600000
25600000
<div id="TextBlockContainer254" style="position:relative;line-height:normal;width:676px;height:89px;"><div id="TextContainer254" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9698" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">16.<div style="display:inline-block;width:8px;white-space:pre"> </div>Accumulated Other Comprehensive Losses </div><div id="a9702" style="position:absolute;font-family:'Arial';left:5px;top:26px;">The Company’s Accumulated Other Comprehensive Losses consisted<div style="display:inline-block;width:2px;white-space:pre"> </div>of foreign currency translation adjustment </div><div id="a9703" style="position:absolute;font-family:'Arial';left:5px;top:41px;">for subsidiaries for<div style="display:inline-block;width:2px;white-space:pre"> </div>which the functional currency<div style="display:inline-block;width:2px;white-space:pre"> </div>is different than<div style="display:inline-block;width:2px;white-space:pre"> </div>the Company’s functional currency in<div style="display:inline-block;width:2px;white-space:pre"> </div>U.S. dollar </div><div id="a9704" style="position:absolute;font-family:'Arial';left:5px;top:57px;">and net<div style="display:inline-block;width:5px;white-space:pre"> </div>unrealized gains<div style="display:inline-block;width:6px;white-space:pre"> </div>(losses) on<div style="display:inline-block;width:6px;white-space:pre"> </div>forward foreign<div style="display:inline-block;width:6px;white-space:pre"> </div>currency contracts<div style="display:inline-block;width:6px;white-space:pre"> </div>designated as<div style="display:inline-block;width:5px;white-space:pre"> </div>cash flow<div style="display:inline-block;width:5px;white-space:pre"> </div>hedges as<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a9706" style="position:absolute;font-family:'Arial';left:5px;top:72px;">March 31, 2026, as follow:</div></div></div><div id="TextBlockContainer260" style="position:relative;line-height:normal;width:656px;height:228px;"><div id="div_257_XBRL_TS_421a7bcbb2ca4b1c8e8506e0a1ef9f7d" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer258" style="position:relative;line-height:normal;width:656px;height:228px;"><div style="position:absolute; width:364.1px; height:1px; left:1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:370.2px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:382.2px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:385.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:92px; height:1px; left:468.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:565.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:577.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:580px; top:226.3px; background-color:#000000; "> </div>
<div id="TextContainer258" style="position:relative;width:656px;z-index:1;font-size:13.28px;"><div id="a9708" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:61px;">(in US$ thousands) </div><div id="a9712" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:404px;top:25px;">Foreign </div><div id="a9713" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:401px;top:37px;">currency </div><div id="a9714" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:396px;top:49px;">translation </div><div id="a9715" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:392px;top:61px;">adjustments </div><div id="a9718" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:478px;top:0px;">Net unrealized </div><div id="a9719" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:482px;top:12px;">gain on cash </div><div id="a9720" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:484px;top:25px;">flow hedge - </div><div id="a9723" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:476px;top:37px;">forward foreign </div><div id="a9724" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:492px;top:49px;">currency </div><div id="a9725" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:61px;">contracts </div><div id="a9729" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:600px;top:61px;">Total </div><div id="a9731" style="position:absolute;font-family:'Arial';left:4px;top:76px;">Balance at December 31, 2025 </div><div id="a9734" style="position:absolute;font-family:'Arial';left:374px;top:76px;">$ </div><div id="a9736" style="position:absolute;font-family:'Arial';left:404px;top:76px;display:flex;">(122,923)</div><div id="a9739" style="position:absolute;font-family:'Arial';left:520px;top:76px;">2,479</div><div id="a9742" style="position:absolute;font-family:'Arial';left:569px;top:76px;">$ </div><div id="a9744" style="position:absolute;font-family:'Arial';left:588px;top:76px;display:flex;">(120,444)</div><div id="a9746" style="position:absolute;font-family:'Arial';left:4px;top:93px;">Net current-period other comprehensive losses: </div><div id="a9758" style="position:absolute;font-family:'Arial';left:4px;top:112px;">(Loss) gain in other comprehensive income before </div><div id="a9759" style="position:absolute;font-family:'Arial';left:4px;top:127px;">reclassifications<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9763" style="position:absolute;font-family:'Arial';left:419px;top:127px;display:flex;">(6,765)</div><div id="a9766" style="position:absolute;font-family:'Arial';left:520px;top:127px;">2,711</div><div id="a9770" style="position:absolute;font-family:'Arial';left:603px;top:127px;display:flex;">(4,054)</div><div id="a9772" style="position:absolute;font-family:'Arial';left:4px;top:144px;">Gain on long-term intra-entity foreign currency transactions </div><div id="a9780" style="position:absolute;font-family:'Arial';left:423px;top:144px;">8,676</div><div id="a9783" style="position:absolute;font-family:'Arial';left:540px;top:144px;">—</div><div id="a9787" style="position:absolute;font-family:'Arial';left:607px;top:144px;">8,676</div><div id="a9789" style="position:absolute;font-family:'Arial';left:4px;top:159px;">Gain reclassified from accumulated other comprehensive </div><div id="a9790" style="position:absolute;font-family:'Arial';left:4px;top:175px;">losses<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9794" style="position:absolute;font-family:'Arial';left:444px;top:175px;">—</div><div id="a9797" style="position:absolute;font-family:'Arial';left:515px;top:175px;display:flex;">(5,250)</div><div id="a9801" style="position:absolute;font-family:'Arial';left:603px;top:175px;display:flex;">(5,250)</div><div id="a9803" style="position:absolute;font-family:'Arial';left:4px;top:192px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>net current-period other comprehensive losses </div><div id="a9809" style="position:absolute;font-family:'Arial';left:423px;top:192px;">1,911</div><div id="a9812" style="position:absolute;font-family:'Arial';left:515px;top:192px;display:flex;">(2,539)</div><div id="a9816" style="position:absolute;font-family:'Arial';left:614px;top:192px;display:flex;">(628)</div><div id="a9818" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:211px;">Balance at March 31, 2026 </div><div id="a9821" style="position:absolute;font-family:'Arial';left:374px;top:211px;">$ </div><div id="a9823" style="position:absolute;font-family:'Arial';left:404px;top:211px;display:flex;">(121,012)</div><div id="a9826" style="position:absolute;font-family:'Arial';left:534px;top:211px;display:flex;">(60)</div><div id="a9829" style="position:absolute;font-family:'Arial';left:569px;top:211px;">$ </div><div id="a9831" style="position:absolute;font-family:'Arial';left:588px;top:211px;display:flex;">(121,072)</div></div></div></div></div>
<div id="TextBlockContainer258" style="position:relative;line-height:normal;width:656px;height:228px;"><div style="position:absolute; width:364.1px; height:1px; left:1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:73.5px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:189.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:371.2px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:383.2px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:79.4px; height:1px; left:383.8px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:91.1px; height:1px; left:469.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:566.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:578.1px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:68.5px; height:1px; left:578.7px; top:207.6px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:370.2px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:382.2px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.1px; height:1px; left:385.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:92px; height:1px; left:468.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:13px; height:1px; left:565.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:577.1px; top:226.3px; background-color:#000000; "> </div>
<div style="position:absolute; width:67.2px; height:1px; left:580px; top:226.3px; background-color:#000000; "> </div>
<div id="TextContainer258" style="position:relative;width:656px;z-index:1;font-size:13.28px;"><div id="a9708" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:4px;top:61px;">(in US$ thousands) </div><div id="a9712" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:404px;top:25px;">Foreign </div><div id="a9713" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:401px;top:37px;">currency </div><div id="a9714" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:396px;top:49px;">translation </div><div id="a9715" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:392px;top:61px;">adjustments </div><div id="a9718" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:478px;top:0px;">Net unrealized </div><div id="a9719" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:482px;top:12px;">gain on cash </div><div id="a9720" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:484px;top:25px;">flow hedge - </div><div id="a9723" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:476px;top:37px;">forward foreign </div><div id="a9724" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:492px;top:49px;">currency </div><div id="a9725" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:491px;top:61px;">contracts </div><div id="a9729" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:600px;top:61px;">Total </div><div id="a9731" style="position:absolute;font-family:'Arial';left:4px;top:76px;">Balance at December 31, 2025 </div><div id="a9734" style="position:absolute;font-family:'Arial';left:374px;top:76px;">$ </div><div id="a9736" style="position:absolute;font-family:'Arial';left:404px;top:76px;display:flex;">(122,923)</div><div id="a9739" style="position:absolute;font-family:'Arial';left:520px;top:76px;">2,479</div><div id="a9742" style="position:absolute;font-family:'Arial';left:569px;top:76px;">$ </div><div id="a9744" style="position:absolute;font-family:'Arial';left:588px;top:76px;display:flex;">(120,444)</div><div id="a9746" style="position:absolute;font-family:'Arial';left:4px;top:93px;">Net current-period other comprehensive losses: </div><div id="a9758" style="position:absolute;font-family:'Arial';left:4px;top:112px;">(Loss) gain in other comprehensive income before </div><div id="a9759" style="position:absolute;font-family:'Arial';left:4px;top:127px;">reclassifications<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9763" style="position:absolute;font-family:'Arial';left:419px;top:127px;display:flex;">(6,765)</div><div id="a9766" style="position:absolute;font-family:'Arial';left:520px;top:127px;">2,711</div><div id="a9770" style="position:absolute;font-family:'Arial';left:603px;top:127px;display:flex;">(4,054)</div><div id="a9772" style="position:absolute;font-family:'Arial';left:4px;top:144px;">Gain on long-term intra-entity foreign currency transactions </div><div id="a9780" style="position:absolute;font-family:'Arial';left:423px;top:144px;">8,676</div><div id="a9783" style="position:absolute;font-family:'Arial';left:540px;top:144px;">—</div><div id="a9787" style="position:absolute;font-family:'Arial';left:607px;top:144px;">8,676</div><div id="a9789" style="position:absolute;font-family:'Arial';left:4px;top:159px;">Gain reclassified from accumulated other comprehensive </div><div id="a9790" style="position:absolute;font-family:'Arial';left:4px;top:175px;">losses<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9794" style="position:absolute;font-family:'Arial';left:444px;top:175px;">—</div><div id="a9797" style="position:absolute;font-family:'Arial';left:515px;top:175px;display:flex;">(5,250)</div><div id="a9801" style="position:absolute;font-family:'Arial';left:603px;top:175px;display:flex;">(5,250)</div><div id="a9803" style="position:absolute;font-family:'Arial';left:4px;top:192px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>net current-period other comprehensive losses </div><div id="a9809" style="position:absolute;font-family:'Arial';left:423px;top:192px;">1,911</div><div id="a9812" style="position:absolute;font-family:'Arial';left:515px;top:192px;display:flex;">(2,539)</div><div id="a9816" style="position:absolute;font-family:'Arial';left:614px;top:192px;display:flex;">(628)</div><div id="a9818" style="position:absolute;font-family:'Arial';font-weight:bold;left:4px;top:211px;">Balance at March 31, 2026 </div><div id="a9821" style="position:absolute;font-family:'Arial';left:374px;top:211px;">$ </div><div id="a9823" style="position:absolute;font-family:'Arial';left:404px;top:211px;display:flex;">(121,012)</div><div id="a9826" style="position:absolute;font-family:'Arial';left:534px;top:211px;display:flex;">(60)</div><div id="a9829" style="position:absolute;font-family:'Arial';left:569px;top:211px;">$ </div><div id="a9831" style="position:absolute;font-family:'Arial';left:588px;top:211px;display:flex;">(121,072)</div></div></div>
-122923000
2479000
-120444000
-6765000
2711000
-4054000
8676000
0
8676000
0
5250000
5250000
1911000
-2539000
-628000
-121012000
-60000
-121072000
<div id="TextBlockContainer263" style="position:relative;line-height:normal;width:676px;height:99px;"><div id="TextContainer263" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a9834" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">17.<div style="display:inline-block;width:30px;white-space:pre"> </div>Commitments </div><div id="a9838" style="position:absolute;font-family:'Arial';font-weight:bold;left:9px;top:26px;">(a)<div style="display:inline-block;width:8px;white-space:pre"> </div>Mineral Leases </div><div id="a9842" style="position:absolute;font-family:'Arial';left:5px;top:52px;">The<div style="display:inline-block;width:5px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>leases<div style="display:inline-block;width:5px;white-space:pre"> </div>mineral<div style="display:inline-block;width:5px;white-space:pre"> </div>interests<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>surface<div style="display:inline-block;width:6px;white-space:pre"> </div>rights<div style="display:inline-block;width:5px;white-space:pre"> </div>from<div style="display:inline-block;width:5px;white-space:pre"> </div>land<div style="display:inline-block;width:5px;white-space:pre"> </div>owners<div style="display:inline-block;width:5px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>various<div style="display:inline-block;width:5px;white-space:pre"> </div>terms<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>royalty </div><div id="a9845" style="position:absolute;font-family:'Arial';left:5px;top:67px;">rates. The future<div style="display:inline-block;width:6px;white-space:pre"> </div>minimum royalties<div style="display:inline-block;width:5px;white-space:pre"> </div>and lease<div style="display:inline-block;width:5px;white-space:pre"> </div>rental payments<div style="display:inline-block;width:5px;white-space:pre"> </div>under these<div style="display:inline-block;width:5px;white-space:pre"> </div>leases as<div style="display:inline-block;width:5px;white-space:pre"> </div>of March<div style="display:inline-block;width:5px;white-space:pre"> </div>31, 2026<div style="display:inline-block;width:5px;white-space:pre"> </div>were </div><div id="a9849" style="position:absolute;font-family:'Arial';left:5px;top:83px;">as follows:</div></div></div><div id="TextBlockContainer269" style="position:relative;line-height:normal;width:674px;height:206px;"><div id="div_266_XBRL_TS_8d50ee4328b449f6a499340d50ea9f03" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer267" style="position:relative;line-height:normal;width:674px;height:206px;"><div style="position:absolute; width:484.7px; height:1px; left:4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:488.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.4px; height:1px; left:489.4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:500.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:59.1px; height:1px; left:501.4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:78.9px; height:1px; left:583.3px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.7px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.9px; height:1px; left:583.3px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:154.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:582.7px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:582.7px; top:154.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.6px; height:1px; left:585.6px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.6px; height:1px; left:585.6px; top:154.7px; background-color:#000000; "> </div>
<div id="TextContainer267" style="position:relative;width:674px;z-index:1;font-size:13.28px;"><div id="a9851" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:0px;">(in US$ thousands) </div><div id="a9857" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:602px;top:0px;">Amount </div><div id="a9859" style="position:absolute;font-family:'Arial';left:7px;top:15px;">Year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, </div><div id="a9866" style="position:absolute;font-family:'Arial';left:16px;top:32px;">2026 </div><div id="a9871" style="position:absolute;font-family:'Arial';left:573px;top:32px;">$ </div><div id="a9873" style="position:absolute;font-family:'Arial';left:622px;top:32px;">3,492</div><div id="a9875" style="position:absolute;font-family:'Arial';left:16px;top:50px;">2027 </div><div id="a9881" style="position:absolute;font-family:'Arial';left:622px;top:50px;">3,893</div><div id="a9883" style="position:absolute;font-family:'Arial';left:16px;top:67px;">2028 </div><div id="a9889" style="position:absolute;font-family:'Arial';left:622px;top:67px;">3,861</div><div id="a9891" style="position:absolute;font-family:'Arial';left:16px;top:84px;">2029 </div><div id="a9897" style="position:absolute;font-family:'Arial';left:622px;top:84px;">3,854</div><div id="a9899" style="position:absolute;font-family:'Arial';left:16px;top:102px;">2030 </div><div id="a9905" style="position:absolute;font-family:'Arial';left:622px;top:102px;">7,371</div><div id="a9907" style="position:absolute;font-family:'Arial';left:16px;top:119px;">Thereafter </div><div id="a9913" style="position:absolute;font-family:'Arial';left:615px;top:119px;">19,526</div><div id="a9915" style="position:absolute;font-family:'Arial';left:25px;top:138px;">Total </div><div id="a9920" style="position:absolute;font-family:'Arial';left:573px;top:138px;">$ </div><div id="a9922" style="position:absolute;font-family:'Arial';left:615px;top:138px;">41,997</div><div id="a9930" style="position:absolute;font-family:'Arial';left:7px;top:174px;">Mineral leases are not<div style="display:inline-block;width:5px;white-space:pre"> </div>in scope of ASC<div style="display:inline-block;width:5px;white-space:pre"> </div>842 and continue to<div style="display:inline-block;width:5px;white-space:pre"> </div>be accounted for<div style="display:inline-block;width:5px;white-space:pre"> </div>under the guidance in<div style="display:inline-block;width:5px;white-space:pre"> </div>ASC 932, </div><div id="a9931" style="position:absolute;font-family:'Arial';left:7px;top:189px;">Extractive Activities – Mining.</div></div></div></div></div><div id="TextBlockContainer272" style="position:relative;line-height:normal;width:680px;height:145px;"><div id="TextContainer272" style="position:relative;width:680px;z-index:1;font-size:13.28px;"><div id="a9942_1_22" style="position:absolute;font-family:'Arial';font-weight:bold;left:9px;top:0px;">(b)<div style="display:inline-block;width:27px;white-space:pre"> </div>Other commitments </div><div id="a9947" style="position:absolute;font-family:'Arial';left:5px;top:26px;">As of March 31, 2026, purchase commitments for capital expenditures were $</div><div id="a9947_74_3" style="position:absolute;font-family:'Arial';left:459px;top:26px;">5.8</div><div id="a9947_77_36" style="position:absolute;font-family:'Arial';left:478px;top:26px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million, all of which is obligated </div><div id="a9955" style="position:absolute;font-family:'Arial';left:5px;top:41px;">within the next twelve months. </div><div id="a9957" style="position:absolute;font-family:'Arial';left:5px;top:67px;">In Australia, the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company has generally<div style="display:inline-block;width:2px;white-space:pre"> </div>secured the ability<div style="display:inline-block;width:2px;white-space:pre"> </div>to transport coal<div style="display:inline-block;width:2px;white-space:pre"> </div>through rail contracts<div style="display:inline-block;width:2px;white-space:pre"> </div>and coal export </div><div id="a9958" style="position:absolute;font-family:'Arial';left:5px;top:83px;">terminal contracts that are primarily funded<div style="display:inline-block;width:2px;white-space:pre"> </div>through take-or-pay arrangements with terms ranging up to </div><div id="a9958_103_8" style="position:absolute;font-family:'Arial';left:608px;top:83px;">12 years</div><div id="a9958_111_3" style="position:absolute;font-family:'Arial';left:659px;top:83px;">.<div style="display:inline-block;width:7px;white-space:pre"> </div></div><div id="a9966" style="position:absolute;font-family:'Arial';left:5px;top:98px;">In the U.S., the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>typically negotiates its rail<div style="display:inline-block;width:5px;white-space:pre"> </div>and coal terminal access<div style="display:inline-block;width:5px;white-space:pre"> </div>on an annual basis.<div style="display:inline-block;width:9px;white-space:pre"> </div>As of March </div><div id="a9967" style="position:absolute;font-family:'Arial';left:5px;top:113px;">31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>these<div style="display:inline-block;width:6px;white-space:pre"> </div>Australian<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:6px;white-space:pre"> </div>commitments<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>take-or-pay<div style="display:inline-block;width:6px;white-space:pre"> </div>arrangements<div style="display:inline-block;width:6px;white-space:pre"> </div>totaled<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9967_88_5" style="position:absolute;font-family:'Arial';left:567px;top:113px;">595.0</div><div id="a9967_93_13" style="position:absolute;font-family:'Arial';left:601px;top:113px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million,<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a9976" style="position:absolute;font-family:'Arial';left:5px;top:129px;">which<div style="display:inline-block;width:8px;white-space:pre"> </div>the Company is obliged to pay approximately $</div><div id="a9976_52_5" style="position:absolute;font-family:'Arial';left:324px;top:129px;">101.8</div><div id="a9976_57_39" style="position:absolute;font-family:'Arial';left:357px;top:129px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million within the next twelve months.</div></div></div>
<div id="TextBlockContainer267" style="position:relative;line-height:normal;width:674px;height:206px;"><div style="position:absolute; width:484.7px; height:1px; left:4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:488.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:11.4px; height:1px; left:489.4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:500.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:59.1px; height:1px; left:501.4px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.7px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:78.9px; height:1px; left:583.3px; top:12.1px; background-color:#407EC9; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:1px; height:1px; left:582.7px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:78.9px; height:1px; left:583.3px; top:134px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:12px; height:1px; left:570.7px; top:154.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:582.7px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:2.9px; height:1px; left:582.7px; top:154.7px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.6px; height:1px; left:585.6px; top:152.8px; background-color:#000000; "> </div>
<div style="position:absolute; width:76.6px; height:1px; left:585.6px; top:154.7px; background-color:#000000; "> </div>
<div id="TextContainer267" style="position:relative;width:674px;z-index:1;font-size:13.28px;"><div id="a9851" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:7px;top:0px;">(in US$ thousands) </div><div id="a9857" style="position:absolute;font-family:'Arial';font-size:10.72px;font-weight:bold;color:#407EC9;left:602px;top:0px;">Amount </div><div id="a9859" style="position:absolute;font-family:'Arial';left:7px;top:15px;">Year ending<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, </div><div id="a9866" style="position:absolute;font-family:'Arial';left:16px;top:32px;">2026 </div><div id="a9871" style="position:absolute;font-family:'Arial';left:573px;top:32px;">$ </div><div id="a9873" style="position:absolute;font-family:'Arial';left:622px;top:32px;">3,492</div><div id="a9875" style="position:absolute;font-family:'Arial';left:16px;top:50px;">2027 </div><div id="a9881" style="position:absolute;font-family:'Arial';left:622px;top:50px;">3,893</div><div id="a9883" style="position:absolute;font-family:'Arial';left:16px;top:67px;">2028 </div><div id="a9889" style="position:absolute;font-family:'Arial';left:622px;top:67px;">3,861</div><div id="a9891" style="position:absolute;font-family:'Arial';left:16px;top:84px;">2029 </div><div id="a9897" style="position:absolute;font-family:'Arial';left:622px;top:84px;">3,854</div><div id="a9899" style="position:absolute;font-family:'Arial';left:16px;top:102px;">2030 </div><div id="a9905" style="position:absolute;font-family:'Arial';left:622px;top:102px;">7,371</div><div id="a9907" style="position:absolute;font-family:'Arial';left:16px;top:119px;">Thereafter </div><div id="a9913" style="position:absolute;font-family:'Arial';left:615px;top:119px;">19,526</div><div id="a9915" style="position:absolute;font-family:'Arial';left:25px;top:138px;">Total </div><div id="a9920" style="position:absolute;font-family:'Arial';left:573px;top:138px;">$ </div><div id="a9922" style="position:absolute;font-family:'Arial';left:615px;top:138px;">41,997</div><div id="a9930" style="position:absolute;font-family:'Arial';left:7px;top:174px;">Mineral leases are not<div style="display:inline-block;width:5px;white-space:pre"> </div>in scope of ASC<div style="display:inline-block;width:5px;white-space:pre"> </div>842 and continue to<div style="display:inline-block;width:5px;white-space:pre"> </div>be accounted for<div style="display:inline-block;width:5px;white-space:pre"> </div>under the guidance in<div style="display:inline-block;width:5px;white-space:pre"> </div>ASC 932, </div><div id="a9931" style="position:absolute;font-family:'Arial';left:7px;top:189px;">Extractive Activities – Mining.</div></div></div>
3492000
3893000
3861000
3854000
7371000
19526000
41997000
5800000
P12Y
595000000.0
101800000
<div id="TextBlockContainer275" style="position:relative;line-height:normal;width:155px;height:17px;"><div id="TextContainer275" style="position:relative;width:155px;z-index:1;font-size:13.28px;"><div id="a9996" style="position:absolute;font-family:'Arial';font-weight:bold;color:#407EC9;left:5px;top:0px;">18.<div style="display:inline-block;width:30px;white-space:pre"> </div>Contingencies</div></div></div><div id="TextBlockContainer278" style="position:relative;line-height:normal;width:676px;height:597px;"><div id="TextContainer278" style="position:relative;width:676px;z-index:1;font-size:13.28px;"><div id="a10000" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:0px;">Surety bond, letters of credit and bank guarantees </div><div id="a10002" style="position:absolute;font-family:'Arial';left:5px;top:29px;">In the<div style="display:inline-block;width:5px;white-space:pre"> </div>normal course<div style="display:inline-block;width:6px;white-space:pre"> </div>of business,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>is a<div style="display:inline-block;width:5px;white-space:pre"> </div>party to<div style="display:inline-block;width:5px;white-space:pre"> </div>certain guarantees<div style="display:inline-block;width:6px;white-space:pre"> </div>and financial<div style="display:inline-block;width:5px;white-space:pre"> </div>instruments with </div><div id="a10003" style="position:absolute;font-family:'Arial';left:5px;top:44px;">off-balance sheet risk, such as bank<div style="display:inline-block;width:5px;white-space:pre"> </div>guarantees, letters of credit and performance<div style="display:inline-block;width:5px;white-space:pre"> </div>or surety bonds. </div><div id="a10003_100_2" style="position:absolute;font-family:'Arial';left:591px;top:44px;">No</div><div id="a10003_102_13" style="position:absolute;font-family:'Arial';left:608px;top:44px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>liabilities </div><div id="a10009" style="position:absolute;font-family:'Arial';left:5px;top:59px;">related<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>these<div style="display:inline-block;width:6px;white-space:pre"> </div>arrangements<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>reflected<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>Condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>Consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>Balance </div><div id="a10012" style="position:absolute;font-family:'Arial';left:5px;top:75px;">Sheets. Management does<div style="display:inline-block;width:5px;white-space:pre"> </div>not expect any<div style="display:inline-block;width:5px;white-space:pre"> </div>material losses to<div style="display:inline-block;width:5px;white-space:pre"> </div>result from these<div style="display:inline-block;width:5px;white-space:pre"> </div>guarantees or off-balance<div style="display:inline-block;width:6px;white-space:pre"> </div>sheet </div><div id="a10015" style="position:absolute;font-family:'Arial';left:5px;top:90px;">financial instruments. </div><div id="a10018" style="position:absolute;font-family:'Arial';left:5px;top:119px;">For<div style="display:inline-block;width:5px;white-space:pre"> </div>the U.S.<div style="display:inline-block;width:6px;white-space:pre"> </div>Operations,<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>order to<div style="display:inline-block;width:6px;white-space:pre"> </div>provide<div style="display:inline-block;width:5px;white-space:pre"> </div>the required<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:5px;white-space:pre"> </div>assurance<div style="display:inline-block;width:5px;white-space:pre"> </div>for post<div style="display:inline-block;width:6px;white-space:pre"> </div>mining<div style="display:inline-block;width:5px;white-space:pre"> </div>reclamation,<div style="display:inline-block;width:5px;white-space:pre"> </div>the </div><div id="a10023" style="position:absolute;font-family:'Arial';left:5px;top:134px;">Company generally uses<div style="display:inline-block;width:2px;white-space:pre"> </div>surety bonds. The<div style="display:inline-block;width:2px;white-space:pre"> </div>Company uses surety<div style="display:inline-block;width:2px;white-space:pre"> </div>bonds and bank<div style="display:inline-block;width:2px;white-space:pre"> </div>letters of credit<div style="display:inline-block;width:2px;white-space:pre"> </div>to collateralize </div><div id="a10024" style="position:absolute;font-family:'Arial';left:5px;top:149px;">certain other obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>including contractual obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>under workers’ compensation<div style="display:inline-block;width:6px;white-space:pre"> </div>insurance. As of<div style="display:inline-block;width:5px;white-space:pre"> </div>March </div><div id="a10026" style="position:absolute;font-family:'Arial';left:5px;top:165px;">31, 2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company had<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding surety<div style="display:inline-block;width:5px;white-space:pre"> </div>bonds and<div style="display:inline-block;width:5px;white-space:pre"> </div>bank guarantees<div style="display:inline-block;width:5px;white-space:pre"> </div>of $</div><div id="a10026_75_4" style="position:absolute;font-family:'Arial';left:484px;top:165px;">20.0</div><div id="a10026_79_14" style="position:absolute;font-family:'Arial';left:510px;top:165px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million and<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a10026_93_4" style="position:absolute;font-family:'Arial';left:591px;top:165px;">10.0</div><div id="a10026_97_10" style="position:absolute;font-family:'Arial';left:617px;top:165px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million, </div><div id="a10036" style="position:absolute;font-family:'Arial';left:5px;top:180px;">respectively.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10039" style="position:absolute;font-family:'Arial';left:5px;top:209px;">For the<div style="display:inline-block;width:5px;white-space:pre"> </div>Australian Operations,<div style="display:inline-block;width:6px;white-space:pre"> </div>as at<div style="display:inline-block;width:5px;white-space:pre"> </div>March 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:5px;white-space:pre"> </div>Company had<div style="display:inline-block;width:5px;white-space:pre"> </div>bank guarantees<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a10039_101_4" style="position:absolute;font-family:'Arial';left:637px;top:209px;">36.6</div><div id="a10043" style="position:absolute;font-family:'Arial';left:5px;top:224px;">million, primarily in respect of certain rail and port take-or-pay<div style="display:inline-block;width:5px;white-space:pre"> </div>arrangements of the Company.<div style="display:inline-block;width:6px;white-space:pre"> </div></div><div id="a10051" style="position:absolute;font-family:'Arial';left:5px;top:253px;">As<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>aggregate<div style="display:inline-block;width:5px;white-space:pre"> </div>had<div style="display:inline-block;width:6px;white-space:pre"> </div>total<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>bank<div style="display:inline-block;width:5px;white-space:pre"> </div>guarantees<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a10051_89_4" style="position:absolute;font-family:'Arial';left:577px;top:253px;">46.6</div><div id="a10051_93_12" style="position:absolute;font-family:'Arial';left:603px;top:253px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>million<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a10054" style="position:absolute;font-family:'Arial';left:5px;top:268px;">secure its obligations and commitments.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10056" style="position:absolute;font-family:'Arial';left:5px;top:297px;">Future regulatory changes relating to<div style="display:inline-block;width:5px;white-space:pre"> </div>these obligations or deterioration of<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company’s credit risk<div style="display:inline-block;width:5px;white-space:pre"> </div>rating could </div><div id="a10059" style="position:absolute;font-family:'Arial';left:5px;top:312px;">result in increased obligations, additional costs or additional<div style="display:inline-block;width:5px;white-space:pre"> </div>collateral requirements. </div><div id="a10061" style="position:absolute;font-family:'Arial';font-style:italic;left:5px;top:341px;">Restricted deposits – cash collateral </div><div id="a10066" style="position:absolute;font-family:'Arial';left:5px;top:369px;">As required by<div style="display:inline-block;width:2px;white-space:pre"> </div>certain agreements, the<div style="display:inline-block;width:2px;white-space:pre"> </div>Company had total<div style="display:inline-block;width:2px;white-space:pre"> </div>cash collateral in<div style="display:inline-block;width:2px;white-space:pre"> </div>the form of<div style="display:inline-block;width:2px;white-space:pre"> </div>deposits of $</div><div id="a10066_101_5" style="position:absolute;font-family:'Arial';left:588px;top:369px;">144.4</div><div id="a10066_106_9" style="position:absolute;font-family:'Arial';left:622px;top:369px;"><div style="display:inline-block;width:3px;white-space:pre"> </div>million </div><div id="a10074" style="position:absolute;font-family:'Arial';left:5px;top:385px;">and $</div><div id="a10074_5_5" style="position:absolute;font-family:'Arial';left:38px;top:385px;">141.7</div><div id="a10074_10_99" style="position:absolute;font-family:'Arial';left:72px;top:385px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million as of March 31, 2026 and<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31, 2025, respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>to provide back-to-back support </div><div id="a10088" style="position:absolute;font-family:'Arial';left:5px;top:400px;">for<div style="display:inline-block;width:8px;white-space:pre"> </div>bank<div style="display:inline-block;width:8px;white-space:pre"> </div>guarantees,<div style="display:inline-block;width:8px;white-space:pre"> </div>other<div style="display:inline-block;width:8px;white-space:pre"> </div>performance<div style="display:inline-block;width:8px;white-space:pre"> </div>obligations,<div style="display:inline-block;width:8px;white-space:pre"> </div>various<div style="display:inline-block;width:8px;white-space:pre"> </div>other<div style="display:inline-block;width:8px;white-space:pre"> </div>operating<div style="display:inline-block;width:8px;white-space:pre"> </div>agreements<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>contractual </div><div id="a10090" style="position:absolute;font-family:'Arial';left:5px;top:415px;">obligations under workers compensation insurance.<div style="display:inline-block;width:4px;white-space:pre"> </div>These deposits are restricted and classified as “Non-current </div><div id="a10098" style="position:absolute;font-family:'Arial';left:5px;top:431px;">assets” in the unaudited Condensed Consolidated Balance<div style="display:inline-block;width:5px;white-space:pre"> </div>Sheets. </div><div id="a10103" style="position:absolute;font-family:'Arial';left:5px;top:459px;">Future<div style="display:inline-block;width:5px;white-space:pre"> </div>regulatory<div style="display:inline-block;width:6px;white-space:pre"> </div>changes<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:5px;white-space:pre"> </div>relation<div style="display:inline-block;width:5px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>these<div style="display:inline-block;width:5px;white-space:pre"> </div>obligations<div style="display:inline-block;width:5px;white-space:pre"> </div>or<div style="display:inline-block;width:5px;white-space:pre"> </div>deterioration<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>credit<div style="display:inline-block;width:5px;white-space:pre"> </div>risk<div style="display:inline-block;width:5px;white-space:pre"> </div>rating </div><div id="a10104" style="position:absolute;font-family:'Arial';left:5px;top:475px;">could result in increased obligations, additional costs or<div style="display:inline-block;width:5px;white-space:pre"> </div>additional collateral requirements.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10106" style="position:absolute;font-family:'Arial';left:5px;top:503px;">From time<div style="display:inline-block;width:5px;white-space:pre"> </div>to time,<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>is a<div style="display:inline-block;width:5px;white-space:pre"> </div>party to<div style="display:inline-block;width:5px;white-space:pre"> </div>legal proceedings<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:5px;white-space:pre"> </div>ordinary course<div style="display:inline-block;width:5px;white-space:pre"> </div>of business<div style="display:inline-block;width:5px;white-space:pre"> </div>in Australia </div><div id="a10109" style="position:absolute;font-family:'Arial';left:5px;top:519px;">and the<div style="display:inline-block;width:5px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:9px;white-space:pre"> </div>Based on<div style="display:inline-block;width:5px;white-space:pre"> </div>current information,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>believes that<div style="display:inline-block;width:5px;white-space:pre"> </div>all pending<div style="display:inline-block;width:6px;white-space:pre"> </div>or threatened<div style="display:inline-block;width:6px;white-space:pre"> </div>proceedings </div><div id="a10114" style="position:absolute;font-family:'Arial';left:5px;top:534px;">are likely to be resolved without a material<div style="display:inline-block;width:5px;white-space:pre"> </div>adverse effect on its financial condition,<div style="display:inline-block;width:6px;white-space:pre"> </div>results of operations or cash </div><div id="a10115" style="position:absolute;font-family:'Arial';left:5px;top:549px;">flows.<div style="display:inline-block;width:7px;white-space:pre"> </div>In<div style="display:inline-block;width:7px;white-space:pre"> </div>management’s<div style="display:inline-block;width:8px;white-space:pre"> </div>opinion,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:8px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>currently<div style="display:inline-block;width:8px;white-space:pre"> </div>involved<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>any<div style="display:inline-block;width:8px;white-space:pre"> </div>legal<div style="display:inline-block;width:7px;white-space:pre"> </div>proceedings<div style="display:inline-block;width:8px;white-space:pre"> </div>which, </div><div id="a10116" style="position:absolute;font-family:'Arial';left:5px;top:565px;">individually or in<div style="display:inline-block;width:2px;white-space:pre"> </div>the aggregate,<div style="display:inline-block;width:2px;white-space:pre"> </div>could have a<div style="display:inline-block;width:2px;white-space:pre"> </div>material effect on<div style="display:inline-block;width:2px;white-space:pre"> </div>the financial condition,<div style="display:inline-block;width:2px;white-space:pre"> </div>results of operations<div style="display:inline-block;width:2px;white-space:pre"> </div>and/or </div><div id="a10119" style="position:absolute;font-family:'Arial';left:5px;top:580px;">liquidity of the Company.</div></div></div>
0
20000000.0
10000000.0
36600000
46600000
144400000
141700000
false
false
false
false