Warrior Met Coal — Apr 30, 2025 release

The Company’s total liquidity as of March 31, 2025 was $616.6 million, consisting of cash and cash equivalents of $454.9 million, short-term investments of $23.5 million, net of $9.6 million posted as collateral, long-term investments of $24.6 million and available liquidity under its ABL Facility of $113.5 million, net of outstanding letters of credit of $2.5 million. Capital Allocation On April 23, 2025, our Board declared a regular quarterly cash dividend of $0.08 per share, which the Company plans to distribute on May 12, 2025, to stockholders of record as of the close of business on May 5, 2025. Company Outlook The Company's guidance for the full year 2025 remains unchanged at this time and does not reflect any potential impact from the recent tariff announcements. This guidance is subject to many risks that may impact performance, such as recent tariff announcements, 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. Warrior will continue to evaluate the impact of the tariff announcements on its business for the remainder of the fiscal year, with the goal of providing further updates to its financial outlook in connection with its second quarter earnings call to be held in early August 2025. Coal sales 8.2 - 9.0 million short tons Coal production 7.8 - 8.6 million short tons Cash cost of sales (free-on-board port) $117 - $127 per short ton Capital expenditures for sustaining existing mines $90 - $100 million Capital expenditures for Blue Creek project $225 - $250 million Mine development costs for Blue Creek project $95