Yancoal Australia Limited (YANCOAL AUS, HKEX:03668; ASX:YAL) has notified the Australian Securities Exchange of the transfer of 415,609 fully-paid ordinary shares on 17 March 2026, stemming from the conversion of short-term incentive plan (STIP) performance share rights.

Key transaction details • Source of shares: Conversion of unquoted STIP performance share rights granted in 2023 (code YALAC) and 2024 (code YALAD). • Volumes converted: 193,682 shares from YALAC and 221,927 shares from YALAD, matching the total 415,609 shares transferred. • Vesting status: On 1 March 2026, 387,358 YALAC and 443,849 YALAD rights vested. Of these, 415,609 were satisfied in equity; another 415,598 were settled in cash. • Key management participation: Executive Director Ning Yue (19,875 shares), Chief Executive Sharif Burra (28,914 shares) and executive Ning (Kevin) Su (36,821 shares) collectively accounted for 85,610 converted rights.

Capital structure after the transfer • Quoted ordinary shares on issue: 1.32 billion. • Outstanding unquoted performance share rights: – LTIP 2024 (YALAO): 1.53 million – LTIP 2023 (YALAN): 1.22 million – LTIP (YALAB): 0.10 million – LTIP 2025 (YALAE): 0.68 million – STIP 2024 (YALAD): 0.74 million – STIP 2023 (YALAC): 0.23 million

The transfer formalises equity-based remuneration for eligible employees and executives without altering the company’s class structure; all converted securities rank pari passu with existing ordinary shares.