Warrior Met Coal — Feb 12, 2026 release

The Company's outlook for 2026 is subject to many risks that may impact performance, such as global trade and tariff uncertainties, market conditions in the steel and steelmaking coal industries and overall global economic and competitive conditions, all as more fully described under Forward-Looking Statements. The Company's guidance for the full year 2026 is outlined below.     Coal sales 12.5 - 13.5 million short tons Coal production 12.0 - 13.0 million short tons Cash cost of sales (free-on-board port) $95 - $110 per short ton Capital expenditures for sustaining existing mines $105 - $115 million Capital expenditures for Blue Creek project $50 - $75 million Depreciation and depletion $225 - $250 million Selling, general and administrative expenses $75 - $85 million Interest expense $20 - $25 million Interest income $3 - $8 million   The Company's guidance for its capital expenditures consists of sustaining capital spending of approximately $105-$115 million, including regulatory gas requirements and discretionary capital spending of $50-$75 million for the final construction of the Blue Creek mine. 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