ALLIANCE RESOURCE PARTNERS LP

ALLIANCE RESOURCE PARTNERS, L.P.

CONDENSED BALANCE SHEETS (PARENT)

DECEMBER 31, 2025 AND 2024

CONDENSED STATEMENTS OF OPERATIONS (PARENT)

(In thousands, except unit and per unit data)

CONDENSED STATEMENTS OF CASH FLOWS (PARENT)

NOTES TO FINANCIAL INFORMATION (PARENT)

**1.**BASIS OF PRESENTATION

In these parent-company-only financial statements, our investment in consolidated subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries and reduced by distributions received from subsidiaries since the date of acquisition. These parent-company-only financial statements should be read in conjunction with our consolidated financial statements in “Item 8. Financial Statements and Supplementary Data” of this Annual Report on Form 10-K.

**2.**GUARANTEES

As the parent of Alliance Coal and the Intermediate Partnership, ARLP is a guarantor of the Credit Facility and the 2029 Senior Notes discussed in “Item 8. Financial Statements and Supplementary Data—Note 12 – Long-Term Debt” of this Annual Report on Form 10-K. In addition to these guarantees, ARLP has provided guarantees on surety indemnity agreements and financially guaranteed certain coal supply agreements. The duration of these guarantees varies. The maximum undiscounted potential future payment obligation for our guarantees of certain coal supply agreements as of December 31, 2025 is approximately $253.2 million. These guarantees provide for compensation to customers based on additional cost to the customer to replace any contracted tons that our subsidiaries fail to deliver. We do not expect to make any payments under these guarantees.

**3.**CASH DISTRIBUTIONS RECEIVED

We received distributions of $337.2 million, $363.4 million and $364.6 million from our consolidated subsidiaries during the years ended December 31, 2025, 2024, and 2023, respectively.