Yancoal Australia Ltd — Board/Management Information 2021

Dec 17, 2021

Australian Securities Exchange, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Yancoal Australia Ltd ACN 111 859 119

兗煤澳大利亞有限公司 *****

(Incorporated in Victoria, Australia with limited liability) (Hong Kong stock code: 3668) (Australian Stock Code: YAL)

VARIATION of CEO EXECUTIVE SERVICE AGREEMENT

The Company refers to the announcement published by Yancoal Australia Ltd ( Yancoal or the Company ) on 9[th] March 2020 regarding the appointment of Mr David James Moult as Yancoal’s Chief Executive Officer ( CEO ) effective 9[th] March 2020.

The board (the Board ) of directors of Yancoal, is pleased to announce a variation of Mr Moult’s position as CEO, which was for an initial period of two years from 9[th] March 2020, to an executive service agreement with no fixed term. Aside from this variation, the material terms of Mr Moult’s executive service agreement remain unchanged and consistent with the terms that were previously announced on 9[th] March 2020.

The Board is pleased to be working with Mr Moult into the future to continue growing and expanding the business.

By order of the Board Yancoal Australia Ltd Baocai ZHANG Chairman

Hong Kong, 17 December 2021

As of the date of this announcement, the executive Director is Mr. Ning Zhang, the non-executive Directors are Mr. Baocai Zhang, Mr. Cunliang Lai, Mr. Xiangqian Wu, Mr. Qingchun Zhao and Mr. Xing Feng and the independent non-executive Directors are Mr. Gregory James Fletcher, Dr. Geoffrey William Raby and Ms. Helen Jane Gillies.

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YANCOAL AUSTRALIA LTD