Alliance Resource Partners — Oct 28, 2024 release

Looking longer-term, the underlying coal demand fundamentals of non-traditional demand growth is accelerating, particularly in the markets we serve in the Midwest, Mid-Atlantic, and Southeast." ​ ​ Page 5 ​ ARLP is maintaining the following guidance for the full year ended December 31, 2024 (the "2024 Full Year") and updating our committed and priced sales tons: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2024 Full Year Guidance ​ ​ ​ ​ ​ ​ Coal Operations ​ ​ ​ ​ ​ Volumes (Million Short Tons) ​ ​ ​ ​ ​ Illinois Basin Sales Tons ​ ​ ​ ​ 24.25 — 25.0 Appalachia Sales Tons ​ ​ ​ ​ 9.25 — 9.50 Total Sales Tons ​ ​ ​ ​ 33.50 — 34.50 ​ ​ ​ ​ ​ ​ Committed & Priced Sales Tons ​ ​ ​ ​ ​ 2024 — Domestic / Export / Total ​ ​ ​ ​ 28.2 / 5.2 / 33.4 2025 — Domestic / Export / Total ​ ​ ​ ​ 21.0 / 1.5 / 22.5 ​ ​ ​ ​ ​ ​ Coal Sales Price Per Ton Sold (1) ​ ​ ​ ​ ​ Illinois Basin ​ ​ ​ ​ $56.25 — $57.00 Appalachia ​ ​ ​ ​ $83.00 — $84.00 Total ​ ​ ​ ​ $63.75 — $64.50 ​ ​ ​ ​ ​ ​ Segment Adjusted EBITDA Expense Per Ton Sold (2) ​ ​ ​ ​ ​ Illinois Basin ​ ​ ​ ​ $36.00 — $38.00 Appalachia ​ ​ ​ ​ $57.00 — $60.00 Total ​ ​ ​ ​ $43.00 — $45.00 ​ ​ ​ ​ ​ ​ Royalties ​ ​ ​ ​ ​ Oil & Gas Royalties ​ ​ ​ ​ ​ Oil (000 Barrels) ​ ​ ​ ​ 1,500 — 1,600 Natural gas (000 MCF) ​ ​ ​ ​ 5,800 — 6,200 Liquids (000 Barrels) ​ ​ ​ ​ 750 — 800 Segment Adjusted EBITDA Expense (% of Oil & Gas Royalties Revenue) ​ ​ ​ ​ ~ 13.0% ​ ​ ​ ​ ​ ​ Coal Royalties ​ ​ ​ ​ ​ Royalty tons sold (Million Short Tons) ​ ​ ​ ​ 20.4 — 21.5 Revenue per royalty ton sold ​ ​ ​ ​ $3.15 — $3.35 Segment Adjusted EBITDA Expense per royalty ton sold ​ ​ ​ ​ $1.15 — $1.25 ​ ​ ​ ​ ​ ​ Consolidated (Millions) ​ ​ ​ ​ ​ Depreciation, depletion and amortization ​ ​ ​ ​ $280 — $300 General and administrative ​ ​ ​ ​ $80 — $85 Net interest expense ​ ​ ​ ​ $34 — $36 Income tax expense ​ ​ ​ ​ $17 — $19 Total capital expenditures ​ ​ ​ ​ $420 — $460 Growth capital expenditures ​ ​ ​ ​ $25 — $30 Maintenance capital expenditures ​ ​ ​ ​ $395 — $430 (1) Sales price per ton is defined as total coal sales revenue divided by total tons sold. (2)