Warrior Met Coal — Feb 12, 2026 release

  The Company’s total liquidity as of December 31, 2025 was $483.9 million, consisting of cash and cash equivalents of $300.0 million, short-term investments of $43.4 million, which is net of $9.9 million posted as collateral and available liquidity under its ABL Facility of $140.5 million, net of outstanding letters of credit of $2.5 million.   Capital Allocation On February 10, 2026, the Board declared a regular quarterly cash dividend of $0.08 per share, which the Company plans to distribute on March 2, 2026, to stockholders of record as of the close of business on February 23, 2026.   Finalization of Federal Lease Acquisition In the fourth quarter of 2025, the Company finalized two federal coal leases with the U.S. Department of Interior and Bureau of Land Management. The mining plans for these leases, which were approved in the first quarter of 2026, authorize development and mining activities across approximately 14,050 acres in Tuscaloosa County, Alabama, which contain approximately 53 million short tons of reserves, further strengthening the resource base underpinning our strategic growth initiatives. The approval of these mining plans marks an important milestone in supporting the long-term development of the Company's high quality steelmaking coal operations, provides long-term visibility into future production and allows for incremental reserves to be mined at both Blue Creek and Mine No. 4.       Company Outlook Warrior expects 2026 to reflect a substantial step-change in production and sales volumes, driven by Blue Creek operating for the full year and continued operational excellence at Mines No. 4 and 7. While