Peabody Energy — Oct 30, 2025 release

The company also completed the planned longwall move at Twentymile, with operations in the new longwall panel restarted in late-October. ----------- Balance Sheet/Liquidity Peabody generated $122 million of operating cash flow in the third quarter. At Sept. 30, 2025, the company had $603.3 million of cash and total liquidity exceeded $950 million. “Peabody has maintained its balance sheet resilience and shareholder return program while completing over $680 million of investments to develop and expand Centurion, which will dramatically increase our operating leverage to the premium hard coking coal segment of the metallurgical market,” said Executive Vice President and Chief Financial Officer Mark Spurbeck. “Peabody’s substantial liquidity and cash-positive net-debt position ensures protection against short-term market volatility while allowing the full benefit of substantial free cash flow in better pricing environments to fully accrue to our shareholders.” Outlook “Looking ahead, we are strengthening our full-year 2025 targets for seaborne met, seaborne thermal and PRB segments, and we are now in our last quarter before Centurion Mine begins longwall operations – a transformative change that will improve our metallurgical coal volumes and realizations,” said Mr. Grech. “We also expect to benefit from multiple trends driving U.S. markets, including compelling growth from AI and data centers, coal’s increasing share of U.S. electricity mix and favorable Trump Administration coal policies.” 3 Fourth Quarter 2025 Sea