Warrior Met Coal — Aug 6, 2025 release

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 expenses $65 - $75 million Interest expense $10 - $15 million Interest income $15 - $20 million The Company's 2025 production and sales guidance contains approximately 1.0 million short tons of High Vol A steelmaking coal from the Blue Creek continuous miner units, which are expected to be sold primarily in the second half of 2025. Key factors that may affect the full year 2025 outlook include: • One longwall move in Q2 and three planned longwall moves before year end (two in Q3 and one in Q4), • HCC index pricing, geography of sales and freight rates, • Trade and tariff policies, • Exclusion of other non-recurring costs, • New labor contract, and • Inflationary pressures. The Company's guidance for its capital expenditures consists of sustaining capital spending of approximately $90-$100 million, including regulatory gas requirements and final 4 North bunker construction, and discretionary capital spending of $225-$250 million for the development of the Blue Creek reserves. The Company does not provide reconciliations of its outlook for cash cost of sales (free-on-board port) to cost of sales in re