Alliance Resource Partners — Apr 27, 2026 release

Recent strength and volatility in crude oil prices have increased the near-term outlook and, because our current portfolio is unhedged, changes in market prices are reflected directly in our realized pricing. If current market conditions persist, we would expect realized BOE prices to be higher than last year, contributing to stronger segment results." Page 5 ​ ARLP is updating the following guidance for the full year ending December 31, 2026: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2026 Full Year Guidance ​ ​ ​ ​ ​ ​ Coal Operations ​ ​ ​ ​ ​ Volumes (Million Short Tons) ​ ​ ​ ​ ​ Illinois Basin Sales Tons ​ ​ ​ ​ 26.00 — 27.00 Appalachia Sales Tons ​ ​ ​ ​ 7.75 — 8.25 Total Sales Tons ​ ​ ​ ​ 33.75 — 35.25 ​ ​ ​ ​ ​ ​ Committed & Priced Sales Tons ​ ​ ​ ​ ​ 2026 — Domestic / Export / Total ​ ​ ​ ​ 30.5 / 2.5 / 33.0 2027 — Domestic / Export / Total ​ ​ ​ ​ 21.1 / 1.3 / 22.4 ​ ​ ​ ​ ​ ​ Coal Sales Price Per Ton Sold (1) ​ ​ ​ ​ ​ Illinois Basin ​ ​ ​ ​ $50.00 — $52.00 Appalachia ​ ​ ​ ​ $66.00 — $71.00 Total ​ ​ ​ ​ $54.00 — $56.00 ​ ​ ​ ​ ​ ​ Segment Adjusted EBITDA Expense Per Ton Sold (2) ​ ​ ​ ​ ​ Illinois Basin ​ ​ ​ ​ $33.00 — $35.00 Appalachia ​ ​ ​ ​ $49.00 — $53.00 Total ​ ​ ​ ​ $37.00 — $39.00 ​ ​ ​ ​ ​ ​ Royalties ​ ​ ​ ​ ​ Oil & Gas Royalties ​ ​ ​ ​ ​ Oil (000 Barrels) ​ ​ ​ ​ 1,600 — 1,700 Natural gas (000 MCF) ​ ​ ​ ​ 6,600 — 7,000 Liquids (000 Barrels) ​ ​ ​ ​ 875 — 925 Segment Adjusted EBITDA Expense (% of Oil & Gas Royalties Revenue) ​ ​ ​ ​ ~ 14.0% ​ ​ ​ ​ ​ ​ Coal Royalties ​ ​ ​ ​