Finance Monthly CFO Awards 2017 Winners Edition

About Dr. Lei Zhang Dr Zhang was appointed as Chief Financial Officer of Yancoal Australia since 2014. Aside from his daily role, he has also been project lead on the company’s corporate transactions and acquisitions. Dr Zhang led the US$2.69 billion acquisition of the Coal and Allied group from Rio Tinto, public rights issue of US$2.5 billion, establishment of the Hunter Valley joint venture with Glencore, and US$775 million Asset Backed Securities with off-balance sheet financing. Prior to joining Yancoal Australia, Dr Zhang has worked around the world, including CFO of Siemens North East Asia Real Estate, CFO and Managing Director at Chinalco Mining Corporation International (HKEX: 3668). He has held senior roles within ING Bank, Shell, and SK (Korea), which spanned the United States, Germany, Peru and Australia. Dr Zhang has broad experience in the manufacturing, real estate, energy and mining sectors and has been in the leadership teams of Hong Kong and Australian listed companies for almost 10 years, including CFO positions at listed companies on the HKEX and ASX, managing director at Corporate Funds, as well as M&A and IPO project leads, such as Peru Toromocho Copper IPO at HKEX in 2012, SK CO-GP PE Fund with Fosun in 2013. Dr Zhang received his PHD of Economics from China Academy of Social Science Institute and MBA from Peking University. He is a qualified accountant of USA Utah, China Inter-bank Market Dealer and China Bond Market Trader. He is a committee member of the China SOE Youth Association 3rd Committee and has been recognised on the M&A Gentlemen list by CFO Magazine. Dr Zhang has taken an active role in corporate finance analysis; he was the editor of the China Finance Company magazine from 1998 to 2006, has published many academic papers and has authored a book “Effect and Determinant Factors of FDI in the China Manufacturing Industry” and co-authored “China Finance Company”. As part of his active role in the finance, mining and Australian/Chinese relations areas, Dr Zhang presented at the Australian Coal Conference and Chinese Chamber of Commerce Australia, lectured at EMBA course at the University of Sydney and at the Chinese Academy of Governance, as well as continuously engaging with industry and the academic world. CFO of Yancoal Australia Dr. Lei Zhang Contact Details Dr. Lei Zhang - Chief Financial Officer www.yancoal.com.au Firm Profile Yancoal Australia (ASX: YAL) is Australia’s largest pure-play coal producer with 3.2 billion tonnes of resources and 942 million tonnes of coal reserves. Yancoal boasts three tier-one thermal coal mines, together with interests in three other metallurgical and thermal coal mines located across Australia. Yancoal also manages five other Australian coal mines on behalf of related parties. Yancoal has become a major Australian coal producer through both organic growth and a series of corporate acquisitions. Yancoal principally produces metallurgical and thermal coal for export use in the steel and power industries in Asian markets. Yancoal currently employs approximately 5,500 people across its operations. At Yancoal, the Company invests in its people, focusing on developing management and leadership talent throughout all operations. The Company is committed to Australia, the communities in which it operates, its employees, shareholders and the environment. In 2017, Yancoal completed the acquisition of the Coal and Allied group from Rio Tinto, with the capital and debt restructure. Alongside these main transactions, Yancoal also established a joint venture in relation to Hunter Valley Operations with Glencore Coal. As a result of this transaction, Yancoal has transformed into a company that ranks as the largest pure-play coal producer and the third largest mining company in Australia, with an increased market equity from AU$200 million to AU$6 billion. The acquisition ranks the largest in size among Chinese companies’ acquisitions in Australia since 2014 and the second largest M&A transaction in size in the Australian market in 2017. The US$2.5 billion equity issue ranks the highest in value among ASX listed issuances with Chinese shareholders, and the highest in value in ASX market’s equity issuance since 2016. Furthermore, Yancoal Australia’s earnings capacity, balance sheet and market liquidity notably improves, providing significant value for shareholders. AUSTRALIA Finance Monthly CFO Awards 2017 60 www.finance-monthly.com