UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 For the transition period from to Commission File Number: 001-38061 Warrior Met Coal, Inc. 16243 Highway 216 Brookwood Alabama 35444 (Address of Principal Executive Offices) (Zip Code) (Exact name of ...

February 22, 2022 Fourth Quarter 2021 Results Warrior Met Coal Page 1 Forward looking statements These slides contain, and the officers and representatives of Warrior Met Coal, Inc. (the "Company") may from time to time make, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in these slides that address activities, event ...

Financial Data and Key Metrics Changes - The company recorded its largest quarterly net income in three years of approximately $139 million or $2.68 per diluted share compared to a net loss of $34 million or $0.66 per diluted share in the same quarter last year [14] - Non-GAAP adjusted net income for the fourth quarter was $3.17 per diluted share compared to an adjusted net loss of $0.63 per diluted share in the same quarter last year [15] - Adjusted EBITDA was $240 million in the fourth quarter, the largest in three years, compared to $9 million in the same quarter last year [15][16] - Total revenues were approximately $416 million in the fourth quarter compared to $212 million in the same quarter last year [15] Business Line Data and Key Metrics Changes - Sales volume in the fourth quarter was 1.5 million short tons, down from 2.2 million short tons in the same quarter last year, primarily due to an ongoing strike [8] - The gross price realization for the fourth quarter was 85% of the Platts Premium Low Vol FOB Australian Index price, lower than the 102% achieved in the prior-year period [9] - Production volume in the fourth quarter was 1.1 million short tons compared to 1.8 million short tons in the same quarter of last year [10] Market Data and Key Metrics Changes - The Platts Premium Low Vol FOB Australian Index price averaged $369 per metric ton for the fourth quarter, up 241% compared to the same quarter last year [16] - The CFR China prices dropped from an all-time high of $615 per metric ton to a low of $337 per metric ton at year-end, a 45% price erosion [5][6] - Global pig iron production increased by 0.6% for the full year of 2021, with Chinese production decreasing by 4.3% [7] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet and financial position while pursuing long-term shareholder value [14][25] - The company has delayed the development of the Blue Creek project and temporarily suspended its stock repurchase program while accumulating cash [25][26] - The company expects to fulfill customer commitments for 2022 of approximately 5.5 to 6.5 million short tons, assuming no new contract with the union [33] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of inflation and supply chain disruptions on operations and profitability in 2022, expecting increases in costs for steel, freight rates, and labor [29] - The company is taking a patient wait-and-see approach to capital allocation and is monitoring changing Chinese policies that may impact the coal and global steel markets [26][30] - Management expressed optimism for the business entering 2022, citing the resilience of the business model despite challenges [35] Other Important Information - The company generated $151 million of free cash flow in the fourth quarter, resulting in a free cash flow conversion of 63% [23] - Total available liquidity at the end of the fourth quarter was $479 million, representing an increase of $123 million over the third quarter [24] - The company incurred incremental non-recurring business interruption expenses of $7 million related to the ongoing UMWA strike [21] Q&A Session Summary Question: Will Warrior pay out special dividends during the ongoing strike? - Management indicated that it is a possibility but will depend on market conditions and clarity on various factors [39] Question: What is the reasonable timeline for updates on capital allocation policy? - Management suggested updates may be available in the next few months [41] Question: What is the reference price embedded in the cash cost guidance? - Management indicated that the guidance is built around a steep correction starting in the second quarter, with a reference price near $200 [44] Question: Can you provide an update on the Blue Creek project re-evaluation? - Management confirmed that the re-evaluation includes capital costs and strategic fit within the company's portfolio, with updates expected in the coming months [50] Question: What percentage of sales were to CFR China last year? - Management clarified that the dynamics of sales to China are currently uncertain and will depend on market conditions [60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38061 Warrior Met Coal, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

November 2, 2021 Third Quarter 2021 Results Warrior Met Coal Page 1 Forward looking statements These slides contain, and the officers and representatives of Warrior Met Coal, Inc. (the "Company") may from time to time make, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in these slides that address activities, events ...

Warrior Met Coal, Inc. (NYSE:HCC) Q3 2021 Earnings Conference Call November 2, 2021 4:30 PM ET Company Participants Walt Scheller - CEO Dale Boyles - CFO Conference Call Participants David Gagliano - BMO Capital Markets Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Good afternoon. My name is Chad, and I will be your conference operator today. At this time, I would like to welcome everyone to the Warrior Met Coal Third Quarter 2021 Financial Results Call. All lines have bee ...

August 4, 2021 Second Quarter 2021 Results Warrior Met Coal Page 1 Forward looking statements These slides contain, and the officers and representatives of Warrior Met Coal, Inc. (the "Company") may from time to time make, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in these slides that address activities, events o ...

Warrior Met Coal, Inc. (NYSE:HCC) Q2 2021 Earnings Conference Call August 4, 2021 4:30 PM ET Company Participants Walt Scheller - Chief Executive Officer Dale Boyles - Chief Financial Officer Conference Call Participants David Gagliano - BMO Capital Markets Nathan Martin - Benchmark Co. Matt Farwell - Roth Capital Lucas Pipes - B. Riley Securities Operator Good afternoon. My name is Kaley, and I will be your conference operator today. At this time, I would like to welcome everyone to the Warrior Met Coal Se ...

May 5, 2021 First Quarter 2021 Results Warrior Met Coal Forward looking statements These slides contain, and the officers and representatives of Warrior Met Coal, Inc. (the "Company") may from time to time make, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in these slides that address activities, events or developme ...

Warrior Met Coal, Inc. (NYSE:HCC) Q1 2021 Earnings Conference Call May 5, 2021 4:30 PM ET Company Participants Walter Scheller - CEO & Director Dale Boyles - CFO Conference Call Participants David Gagliano - BMO Capital Markets Lucas Pipes - B. Riley Securities Matthew Farwell - ROTH Capital Partners Operator Good afternoon. My name is Nick, and I'll be your conference operator today. At this time, I would like to welcome everyone to Warrior Met Coal First Quarter 2021 Financial Results Call. [Operator Inst ...