Warrior Met Coal — Aug 6, 2025 release

The Company’s total liquidity as of June 30, 2025 was $545.0 million, consisting of cash and cash equivalents of $383.3 million, short-term investments of $38.1 million, which is net of $9.7 million posted as collateral, long-term investments of $10.1 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 July 29, 2025, our Board declared a regular quarterly cash dividend of $0.08 per share, which the Company plans to distribute on August 15, 2025, to stockholders of record as of the close of business on August 8, 2025. Company Outlook In order to better reflect the expected market conditions for the year and Warrior's disciplined approach to managing costs, the Company is updating its guidance for the full year 2025. This guidance 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. Warrior will continue to evaluate the impact of trade and tariff uncertainties on its business for the remainder of the fiscal year. Coal sales 8.8 - 9.5 million short tons Coal production 8.3 - 9.1 million short tons Cash cost of sales (free-on-board port) $110 - $120 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 $85 - $100 million Depreciation and depletion $185 - $210 million Selling, general and administrative exp