Peabody Energy — Feb 6, 2025 release

“The Peabody team also drove an exceptional year in safety and environmental performance, leading to record low accident and severity rates and the reduction of more than $100 million of reclamation bonding obligations.” Fourth Quarter and Full Year Highlights • Agreed to purchase four world-class premium hard coking coal operations in Australia’s Bowen Basin, which will transform the company to a predominately steelmaking-coal supplier. • Advanced the development of the premium hard coking coal Centurion Mine in Australia and shipped the first coal cargo, with longwall production expected to start March 2026. • Reported full-year Adjusted EBITDA of $872 million, operating cash flow from continuing operations of $613 million, and $700 million of Cash and Cash Equivalents at December 31, 2024. • Returned $221 million to shareholders in share repurchases and dividends. • Achieved a record low total reportable injury frequency rates (TRIFR) in U.S. and Australia operations, generating a combined global rate of 0.81 per 200,000 hours worked and also achieved the lowest recorded annual injury severity rate in company history. 1 Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA margin is equal to segment Adjusted EBITDA (excluding insurance recoveries) divided by segment revenue. Revenue per Ton and Adjusted EBITDA Margin per Ton are equal to revenue by segment and Adjusted EBITDA by segment (excluding insurance recoveries), respectively, divided by segment tons sold. Costs per Ton is equal to Revenue per Ton less Adjusted EBITDA Margin per Ton. Management believes Costs per Ton and Adjusted EBITDA Margin per Ton best reflect controllable costs and operating results at the reporting segment level. We consider all measures reported on a per ton basis, as well as Adjusted EBITDA