Warrior Met Coal — Feb 12, 2026 release

While the longwall operations have recently commenced, there remains a significant amount of surface infrastructure to be completed to finish the overall project. Warrior remains on budget and expects total Blue Creek project capital expenditures of $995 million to $1.075 billion. The remaining amounts are expected to be primarily spent by the end of the first quarter of 2026.   Key factors that may affect the full year 2026 outlook include: • four planned longwall moves (two in Q2, one in Q3, one in Q4); • HCC index pricing, geography of sales and freight rates; • global trade and tariff policies; • exclusion of other non-recurring costs; • new labor contract; and • inflationary pressures.   The Company does not provide reconciliations of its outlook for cash cost of sales (free-on-board port) to cost of sales in reliance on the unreasonable efforts exception provided for under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable, without unreasonable efforts, to forecast certain items required to develop the meaningful comparable Generally Accepted Accounting Principles ("GAAP") cost of sales.     These items typically include non-cash asset retirement obligation accretion expenses and other non-recurring indirect mining expenses that are difficult to predict in advance in order to include in a GAAP estimate. The unavailable information could have a significant impact on the Company's reported financial results.   Use of Non-GAAP Financia