Updated FY24 Guidance

AGL Energy Limited (AGL) has today updated its earnings guidance for the financial year ending 30 June 2024 (FY24) as follows:

• Underlying EBITDA between $2,120 million and $2,200 million (previously between $2,025 million and $2,175 million)
• Underlying NPAT between $760 million and $810 million (previously between $680 million and $780 million)

The update to guidance reflects the continued strong operational and financial performance of the business since the half year results, due to improved plant availability, flexibility and generation, higher consumer demand over the summer period in New South Wales and Queensland, and continued strong Customer Markets performance.

All guidance is subject to any impacts arising from regulatory and government intervention, variability in trading conditions and plant availability.

Authorised for release by AGL’s Board of Directors.