WHITEHAVEN COAL LIMITED — AGM Information 2018

Aug 9, 2018

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ASX
ANNOUNCEMENT
10 August 2018
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Resolutions under section 249N of the Corporations Act

In accordance with ASX Listing Rule 3.17A, the Company gives notice that the following resolutions for the Annual General Meeting on 25 October 2018 have been received under section 249N of the Corporations Act from 106 shareholders holding approximately 15,000 shares representing 0.0016% of the Company’s shares on issue.

Resolution 1 – Amendment to the Constitution

To insert into our company’s constitution beneath clause 10.1 ‘Business of general meetings’ the following new clause 10.1A ‘Advisory resolutions’: “The company in general meeting may by ordinary resolution express an opinion or request information about the way in which a power of the company partially or exclusively vested in the directors has been or should be exercised. However, such a resolution must relate to an issue of material financial relevance and cannot either advocate action which would violate any law or relate to any personal claim or grievance. Such a resolution is advisory only and does not bind the directors or the company.”

Resolution 2 – Climate Risk Disclosure

That in order to address our interest in the longer-term success of the company, given the recognised risks and opportunities associated with climate change, we as shareholders request information about the company’s exposure to climate change-related risks.

Such information should comply with recommendations of the Financial Stability Board’s Task Force on Climaterelated Financial Disclosure (TCFD), and follow the TCFD’s Supplemental Guidance for the Energy Sector.

Information satisfying all relevant recommendations of the TCFD should be disclosed as part of the company’s routine annual reporting from 2019 onwards.

Resolution 3 – Strategy Alignment

That in order to address our interest in the longer-term success of the company, given the recognised risks and opportunities associated with climate change, we as shareholders express our opinion that the board must ensure our company’s strategy and capital expenditure decisions are consistent with the climate goals of the Paris Agreement.

The Company understands the resolutions have been promoted by Market Forces as part of its anti-fossil fuels campaign. Whitehaven’s Board will recommend shareholders not support these resolutions.

Ian McAleese, GM Investor Relations P 02 8222 1155 Michael Van Maanen, EGM Corporate Affairs P 0412 500 351

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