Q4 FY2026 Quarterly Report and Summons for a Written Resolution

Futura Resources Reports Improved Q4 FY2026 Operational Performance and Announces Summons for Bondholder Written Resolution

Brisbane 18 August, 2026

Futura Resources Limited ("Futura" or the "Company"), issuer of the Futura Resources Limited 13.125% senior secured USD 95,000,000 bonds 2026/2031 (ISIN NO0013698746), today announces its Q4 FY2026 results and the issue of a summons for a written resolution to bondholders.

The Company delivered significantly improved operational performance during Q4 FY2026, reflecting the continued ramp-up of the Fairhill operation, improved mining performance, stronger coal price realisations and ongoing execution of operational improvement initiatives. The quarter represented a meaningful step forward in operational stability and provides a stronger platform for FY2027.

Futura is executing a strategy focused on maximising value from the Fairhill operation and its surrounding growth opportunities. Building on the strong operational performance achieved at Fairhill, the Company is progressing plans aimed at expanding production through the development of adjacent Fairhill resource areas and further optimisation of mining, processing and product marketing initiatives. The Company also continues to progress planning for the eventual reactivation of Wilton. However, near-term development priorities have been adjusted to focus on Fairhill growth opportunities, which the Company believes offer the most attractive returns and value creation potential across the portfolio.

While Q4 FY2026 reflected a significant improvement in operating performance, the effects of adverse weather conditions and elevated operating costs experienced earlier in the year continue to impact the Company's covenant position. As described in the attached summons, the Company is seeking bondholder approval for temporary covenant waivers and related amendments while a longer-term covenant solution is developed.

The Bond Trustee has engaged Behre Dolbear Australia to undertake an independent technical review of the Group. The review is intended to support bondholders' assessment of the Company's operations, development plans and long-term covenant framework.

The Company continues to actively manage liquidity and working capital while the written resolution process and independent technical review are progressed.

The Company considers that the requested amendments provide an appropriate framework to support continued operational execution while preserving flexibility during the review process and the development of a long-term covenant solution. The Company has been informed that bondholders representing approximately [58]% of the Voting Bonds have indicated support for the proposal.

Benjamin Dunlop, Chief Executive Officer of Futura Resources, commented:

“Q4 FY2026 was an important step forward for Futura. Fairhill delivered a materially stronger operating performance and we are now focused on converting that momentum into a more stable operating platform for FY2027.

At the same time, we are taking a disciplined approach to capital allocation, with near-term priorities focused on the Fairhill growth opportunities that we believe offer the best risk-adjusted returns.

The proposed covenant waivers and amendments are intended to provide the Company with the flexibility required to continue execution while the independent technical review is completed and a longer-term covenant framework is developed.”

Further details are available in the attached Q4 FY2026 report and the summons for written resolution.

The Company will host a management presentation of its Q4 FY2026 results and outlook on Monday 24 August 10:00 CET / 18:00 AEST. Access details will be made available through the customary channels.

For further information, please contact:

Benjamin Dunlop

Chief Executive Officer

ben.dunlop@futuraresources.com.au

Important notice

This announcement contains forward-looking statements, including statements regarding operational performance, production plans, pricing, liquidity, covenant compliance, technical review processes and longer-term strategy. Forward-looking statements are subject to risks and uncertainties, and actual outcomes may differ materially. Nothing in this announcement constitutes an offer to sell or a solicitation of an offer to buy securities.