Peabody Energy — Feb 6, 2025 release

Peabody has identified five areas of focus in 2025: • Continuing emphasis on safe, productive, environmentally sound operations • Ramping up the Centurion Mine on time and on budget • Successfully completing the premium hard coking coal acquisition and integrating the mines into Peabody • Serving growing Asian thermal coal demand through its low-cost Australian export platform • Leveraging Peabody’s low-cost domestic U.S. thermal coal production to capitalize on emerging favorable policy and economic themes First Quarter 2025 Outlook Seaborne Thermal • Volumes are expected to be 4.0 million tons, including 2.5 million export tons. 0.2 million export tons are priced at $108 per ton, and 1.3 million tons of Newcastle product and 1.0 million tons of high ash product are unpriced. Costs are anticipated to be $45-$50 per ton. Seaborne Metallurgical • Seaborne met volumes are expected to be 2.0 million tons and are expected to achieve 70 to 75 percent of the premium hard coking coal price index. Costs are anticipated to be temporarily elevated at $125-$135 per ton reflecting a planned longwall move at Shoal Creek. U.S. Thermal • PRB volume is expected to be approximately 19 million tons at an average price of $13.80 per ton and costs of approximately $12.00-$12.75 per ton. • Other U.S. Thermal volume is expected to be approximately 3.4 million tons at an average price of $52.50 per ton and costs of approximately $43-$47 per ton. Today’s earnings call is scheduled for 10 a.m. CT and can be accessed via the company’s website at PeabodyEnergy.com. Peabody (NYSE: BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyE