Fortescue Ltd

hello everyone and thanks for joining us joining me today is gus pichot fortescue energy and growth chief executive and apple pageant cfo we also have a special guest today through our ceo for a day program which gives aspiring leaders the chance to work alongside the leadership team and learn about the business i'm thrilled to welcome to the call a true fortescue legend sitting here right next to me cam lloyd our heritage superintendent cam is a proud Waduri Yamaji, man who joined Fortescue back in 2011 as a heritage field officer. Over the years, he's taken on a range of roles and today he leads a talented team delivering positive heritage outcomes across the business. Cam, we're very proud to have you here, mate. Welcome.

Thanks, Dino, and good morning, everyone online. I'm very proud to be here. Excited to be a part of this initiative and being involved in the amazing opportunity of joining today's call. Very much looking forward to hearing everyone online's insights into our four-year results. Thanks, Cam.

I want to kick things off with what I think is the real headline this year, our operations have never been stronger. As we announced at our quarterly update a few weeks ago, we shipped a record 198.4 million tonnes for the year while cementing our position as the industry's lowest cost producer. Four-year performance records were also achieved for mining or processing and rail, demonstrating reliability across the supply chain and the team's ongoing focus on productivity. Just as importantly, safety continued to underpin everything we do. In FY25, we achieved a TRIF of 1.3 and a critical injury frequency rate of 0.02, both outstanding industry-leading results. But we know safety is more than just injury and incident rates. This year, we introduced our own leading safety index, a balanced forward-looking measure that harnesses data science to help teams focus their effort where it matters most. These results are a credit to our teams across every part of the business. And with strong operational and safety foundation, we are well positioned for FY26 with shipment guidance, of 195 to 205 million tonnes, including 10 to 12 million tonnes from Ironbridge. On the financials, which Apple will run through in more detail shortly, we delivered an underlying EBITDA of $7.9 billion, NPAT of $3.4 billion, and free cash flow of $2.6 billion, a strong result that underscores the resilience of our business. Other milestones for the year included the acquisition of Redhawk Mining, which will incorporate the backsmith iron ore project into our life of mine plan. This is a quality asset that strengthens our long-term production profile and adds optionality for the future. Decarbonisation remained a priority. We commissioned a 100 megawatt solar farm at North Star Junction and began construction on a further 190 megawatt of solar capacity. We rolled out additional electric excavators, deployed our first electric drill, and shipped the first battery electric power system from Fortescue Zero. At the same time, we continued to ramp up Ironbridge, advanced our work at Flying Fish and progressed our Green Metals project. Our success depends not just on what we produce, but the relationships we build. Earlier this year, I joined the Australian Prime Minister's visit to China, an invaluable opportunity to connect iron ore suppliers and steel mills with heads of state of both countries. Fortescue is a core supplier of iron ore to China and our products are competitive and highly valued in the market today. The conversations reinforce the growing interest in green iron and Fortescue is well placed to work alongside our partners to bring it to life. The depth of our relationships in China was reflected in our recent RMB loan, a landmark first for an Australian corporate, enhancing our capital strategy by tapping into competitive Asian markets. With that, I'll hand over to Gus for an update on energy and growth. Over to you, Gus.