FRONTIER ENERGY LIMITED — Earnings Release 2023

Aug 27, 2023

Appendix 4D

Name of entity: Frontier Energy Limited

ABN: 64 139 522 553 Reporting period: Half year ended 30 June 2023 Previous period: Half year ended 30 June 2022

1. Results for announcement to the market

1. Results for announcement to the market
			CurrentPeriod$
Revenue from ordinary activities	-	-	-
Profit before tax	Up	124% to	3,906,783
Net profit after tax from ordinary activities	Up	124% to	3,906,783
Result for the periodThe profit of the Group for the half year ended 30 June 2023 was $3,906,783, which included a gainon deconsolidation of Waroona Energy Inc. of $7,052,175.Further commentary on the Group’s activities and results or the period are set out in the attachedhalf year report.

2. Dividend information

There were no dividends paid, recommended or declared during the current financial period or the previous financial period.

There is no dividend reinvestment plan.

3. Net tangible assets per ordinary share

3. Net tangible assets per ordinary share
	Currentperiodcents	Previousperiodcents
Net tangible assets per ordinary share	6.73	8.96

4. Control gained or lost over entities

Loss of control of Waroona Energy Inc. (TSXV.WHE), formerly Metallum Resources Inc. on 15 May 2023.

5. Details of associates and joint ventures

Not applicable.

Additional information supporting the Appendix 4D disclosure requirements can be found in the Directors’ Report and the consolidated financial statements for the half-year ended 30 June 2023.

This report is based on the consolidated financial statements for the half-year ended 30 June 2023 which have been reviewed by Ernst & Young.

Authorised for release by Frontier Energy’s Board of Directors.