CORONADO GLOBAL RESOURCES INC. — Major Shareholding Notification 2021

May 13, 2021

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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO U.S. PERSONS

ASX Announcement

14 May 2021

Substantial Securityholder Notice

Coronado Global Resources Inc. (ASX: CRN) ( Coronado ) is aware of the following security holders who, together with their associates, have a relevant interest (within the meaning of section 608 of the Corporations Act 2001 (Cth) ( Corporations Act )) in securities representing 5% or more of the total number of votes attached to voting shares in Coronado.

The change is due to allotment of CHESS Depository Interests each representing beneficial interest in one tenth of a share of common stock in Coronado ( CDIs ) under the institutional component of its 1 for 4.73 pro-rata accelerated non-renounceable entitlement offer as announced to the market on 4 May 2021.

Name	Date ofbecoming asubstantialsecurityholder	Last notice – date, numberand class of equitysecurities in which theholder, together with theirassociates, had a relevantinterest and percentage oftotal voting power	Current notice –number and class ofequity securities inwhich the holder,together with theirassociates, has arelevant interest	Percentageof totalvoting power
Coronado GroupLLC1	13 August 2018	27 August 2020 –77,308,103.6 shares ofcommon stock (representing773,081,036 CDIs), beingapproximately 56.6% of totalvoting power	84,506,139.9 shares ofcommon stock(representing845,061,399 CDIs)	51.62%
EMG Entities2	13 August 2018	27 August 2020 –77,308,103.6 shares ofcommon stock (representing773,081,036 CDIs), beingapproximately 56.6% of totalvoting power	84,506,139.9 shares ofcommon stock(representing845,061,399 CDIs)	51.62%
AustralianSuperPty Limited3	27 August 2020	31 August 2020 –11,064,875.8 shares ofcommon stock (representing110,648,758 CDIs), beingapproximately 8.1% of totalvoting power	14,842,967.9 shares ofcommon stock(representing148,429,679 CDIs)	9.07%

1 Coronado Group LLC is the holder of these shares of common stock.

2 The EMG Entities hold a relevant interest in the shares of common stock in Coronado held by Coronado Group LLC, under section 608(3) of the Corporations Act. The EMG Entities include EMG CC HC, LLC, EMG Coronado II HC, LLC, EMG Coronado IV Holdings LLC and EMG Coronado Strategic LP.

3 AustralianSuper Pty Limited is the holder of these CDIs.

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Name	Date ofbecoming asubstantialsecurityholder	Last notice – date, numberand class of equitysecurities in which theholder, together with theirassociates, had a relevantinterest and percentage oftotal voting power	Current notice –number and class ofequity securities inwhich the holder,together with theirassociates, has arelevant interest	Percentageof totalvoting power
L1 Capital PtyLtd4	13 November2020	31 December 2020 –9,168,974.7 shares ofcommon stock (representing91,689,747 CDIs), beingapproximately 6.63% of totalvoting power	11,025,156.5 shares ofcommon stock(representing110,251,565 CDIs)	6.74%

– Ends –

Approved for release by the Disclosure Committee of Coronado Global Resources Inc.

For further information please contact:

Corporate Media Matthew Sullivan Brett Clegg P: + 61 412 157 276 Citadel Magnus E: msullivan@coronadoglobal.com.au P: +61 487 436 985

Important notice

This notice does not constitute an offer to sell, or a solicitation of any offer to buy, any securities in the United States or to any person whom it would be not be lawful outside of Australia and New Zealand. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (“U.S. Securities Act”) or under the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, in the United States, or to, or for the account or benefit of, a U.S. person or person in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any other applicable securities laws of any state or other jurisdiction of the United States. United States and U.S. person are as defined in Regulation S under the U.S. Securities Act. This notice must not be distributed or released in the United States, or in any jurisdiction outside of Australia and New Zealand where distribution may be restricted by law.

4 L1 Capital Pty Ltd is the holder of these CDIs.

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