Peabody Energy — May 5, 2026 release

Contact: Kala Finklang Email: ir@peabodyenergy.com 4 Guidance Targets Segment Performance 2026 Full Year Total Volume (millions of short tons) Priced Volume (millions of short tons) Priced Volume Pricing per Short Ton Average Cost per Short Ton Seaborne Thermal 12.0 - 13.0 6.7 $48.93 $49.50 - $54.50 Seaborne Thermal (Export) 7.5 - 8.5 2.2 $82.94 N/A Seaborne Thermal (Domestic) 4.5 4.5 $32.31 N/A Seaborne Metallurgical 9.3 - 10.3 3.0 $138.84 $123.00 - $133.00 PRB U.S. Thermal 82.0 - 88.0 80.5 $13.50 $11.75 - $12.25 Other U.S. Thermal 13.2 - 14.2 13.4 $55.25 $45.00 - $49.00 Other Annual Financial Metrics ($ in millions) 2026 Full Year SG&A $115 Total Capital Expenditures $340 ARO Cash Spend $65 Supplemental Information Seaborne Thermal 50% of unpriced export volumes are expected to price on average at Globalcoal “NEWC” levels and 50% are expected to have a higher ash content and price at 85-95% of API 5 price levels. Seaborne Metallurgical On average, Peabody's metallurgical sales are anticipated to price at ~80% of the premium hard-coking coal index price (FOB Australia). PRB and Other U.S. Thermal PRB and Other U.S. Thermal volumes reflect volumes priced at March 31, 2026. Weighted average quality for the PRB segment 2026 volume is approximately 8,725 BTU. Certain forward-looking measures and metrics presented are non-GAAP financial and operating/statistical measures. Due to the volatility and variability of certain items needed to reconcile these measures to their nearest GAAP measure, no reconciliation can be provided without unreasonable cost or effort. 5 Condensed Consolidated Statements of Operations (Unaudited) For the Quarters Ended Mar. 31, 2026, Dec. 31,