Yancoal Australia Ltd (ASX:YAL) has issued a proxy form to securityholders ahead of an Extraordinary General Meeting scheduled for Thursday, 10 December 2026, at which shareholders will be asked to vote on the renewal of two framework agreements for coal sales, entry into proposed coal sales agreements, the election of a new non-executive director, and the provision of financial assistance by target guarantors.

Key Points

  • Extraordinary General Meeting to be held on 10 December 2026 at 11:00am AEDT at GPT Space&Co Darling Park, Ground Floor, Tower 1, 201 Sussex Street, Sydney NSW 2000
  • Proxy forms must be received by 11:00am AEDT (8:00am HKT) on Tuesday, 8 December 2026 to be effective
  • Agenda includes approval for renewal of the 2027 Yankuang Energy Framework Agreement for Coal Sales and the 2027 YIT Framework Agreement for Coal Sales
  • Ms Ping Nie has been nominated for election as a Non-executive Director
  • Shareholders will also vote on approval for the Provision of Financial Assistance by the Target Guarantors

Extraordinary General Meeting Agenda and Venue

The Extraordinary General Meeting will be held at GPT Space&Co Darling Park, Ground Floor, Tower 1, 201 Sussex Street, Sydney NSW 2000, Australia on Thursday, 10 December 2026 at 11:00am AEDT, which corresponds to 8:00am Hong Kong Time. The meeting agenda covers five items of business, including resolutions on coal sales framework agreements, proposed coal sales agreements and a memorandum of understanding, the election of a non-executive director, and approval for the provision of financial assistance by target guarantors. The filing states that any adjournment or postponement of the meeting will also be subject to the proxy appointment.

Coal Sales Framework Agreement Renewals and Proposed Agreements

Two of the five items on the agenda relate to the renewal of framework agreements for coal sales. Item 1 seeks shareholder approval for the renewal of the 2027 Yankuang Energy Framework Agreement for Coal Sales, while Item 2 seeks approval for the renewal of the 2027 YIT Framework Agreement for Coal Sales. Item 3 relates to approval for entry into the Proposed Coal Sales Agreements and the Proposed MOU. The filing does not disclose further financial terms or volumes associated with these agreements.

Election of Ms Ping Nie as Non-Executive Director

Item 4 of the meeting agenda is the election of Ms Ping Nie as a Non-executive Director of Yancoal Australia Ltd. No further biographical or background details regarding Ms Nie are disclosed in the proxy form filing. The Chairman of the Meeting intends to vote undirected proxies in favour of each item of business. The filing notes that in exceptional circumstances, the Chairman of the Meeting may change his or her voting intention on any resolution, and that in such a case a company update will be made to the ASX.