PEABODY ENERGY CORP

Peabody is a leading producer of metallurgical and thermal coal. As of December 31, 2025, the company owned interests in 16 active coal mining operations located in the United States and Australia. This count includes Peabody's 50% equity interest in Middlemount Coal Pty Ltd. During 2025, Peabody continued to develop the Centurion Mine, an underground longwall metallurgical coal mine in Queensland, Australia. Full-scale longwall production at Centurion commenced in February 2026. The company also advanced various workstreams in 2025 as part of its asset optimization program, which involves regularly reviewing its coal reserves, coal resources, and surface properties for commercial opportunities. These workstreams included evaluating the potential for rare earth elements and critical minerals, power generation from coal mine gas, and developing renewable energy projects on certain reclaimed mining lands. As of December 31, 2025, Peabody reports its financial results through the following primary segments: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and Other U.S. Thermal. The company's corporate headquarters are located in St. Louis, Missouri.