Annual Report

Scope of Report

This Remuneration Report considers the key management personnel of the Parent Company and the

Consolidated Entity. New Hope Corporation Limited (New Hope) forms part of the Consolidated Entity

and the remuneration of certain key management personnel of New Hope is included in this Report.

New Hope is publicly listed and, accordingly, has its own Remuneration Committee and produces its own

Remuneration Report in accordance with the

Corporations Act 2001

to be voted on by its shareholders.

Abbreviations used in this report

ASX

Australian Securities Exchange

CAGR

Compound annual growth rate

EPS

Earnings per share

KMP

Key management personnel

KPI

Key performance indicator

LTI

Long-term incentive

New Hope

New Hope Corporation Limited

NHRC

New Hope Remuneration Committee

STI

Short-term incentive

TSR

Total shareholder return

VWAP

Volume weighted average price

Structure of Report

This report is structured as follows:

1. KMP included in this report

2. Remuneration policy and framework

3. Elements of remuneration

4. Performance indicators

5. Remuneration expenses for KMP

6. Contractual arrangements for executive KMP

7. Share-based compensation

8. Other statutory information