Alpha Metallurgical Resources, Inc.

This report includes statements of our expectations, intentions, plans and beliefs that constitute “forward-looking statements.” These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to our future prospects, developments and business strategies. We have used the words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “should” and similar terms and phrases, including references to assumptions, in this report to identify forward-looking statements, but these terms and phrases are not the exclusive means of identifying such statements. These forward-looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those expressed in or implied by these forward-looking statements.

The following factors are among those that may cause actual results to differ materially from our forward-looking statements:

•depressed levels or declines in coal prices;

•the financial performance of the company;

•our liquidity, results of operations and financial condition;

•our ability to generate sufficient cash or obtain financing to fund our business operations;

•worldwide market demand for coal and steel, including demand for U.S. coal exports, and competition in coal markets;

•railroad, barge, truck, port and other transportation availability, performance and costs;

•steel and coke producers switching to alternative energy sources such as natural gas, renewables and coal from basins where we do not operate;

•our ability to meet collateral requirements for, and fund, employee benefit obligations;

•our ability to self-insure certain of our black lung obligations;

•our ability to obtain or renew surety bonds on acceptable terms or maintain our current bonding status;

•the imposition, continuation or modification of barriers to trade, such as tariffs, and the unpredictability of these events;

•our production capabilities and costs;

•attracting and retaining key personnel and other employee workforce factors, such as labor relations;

•our ability to consummate financing or refinancing transactions, and other services, and the form and degree of these services available to us, which may be significantly limited by the lending, investment and similar policies of financial institutions and insurance companies regarding carbon energy producers, the environmental impacts of coal combustion or other factors;

•inflationary pressures on supplies and labor and significant or rapid increases in commodity prices;

•our costs of complying with health and safety regulations, including but not limited to MSHA’s silica regulations;

•changes in domestic or international environmental laws and regulations, and court decisions, including those directly affecting our coal mining and production and those affecting our customers’ coal usage, including potential climate change initiatives;

•failures in performance, or non-performance, of services by third-party contractors, including contract mining and reclamation contractors or other counterparties;

•disruptions in delivery or changes in pricing from third-party vendors of key equipment and materials that are necessary for our operations, such as diesel fuel, steel products, explosives, tires and purchased coal;

•our indebtedness as we may incur it from time to time;

•our ability to execute our share repurchase program;

•cybersecurity attacks or failures, threats to physical security, extreme weather conditions or other natural disasters;

•increased volatility and uncertainty regarding worldwide markets, seaborne transportation and our customers as a result of developments in and around Ukraine, Iran, and the broader Middle East;

•changes in, renewal or acquisition of, terms of and performance of customers under coal supply arrangements and the refusal by our customers to receive coal under agreed-upon contract terms;

•reductions or increases in customer coal inventories and the timing of those changes;

•our ability to obtain, maintain or renew any necessary permits or rights;

•inherent risks of coal mining, including those that are beyond our control;

•changes in, interpretations of, or implementations of domestic or international tax or other laws and regulations, including U.S. federal legislation and its related regulations;

•our relationships with, and other conditions affecting, our customers, including the inability to collect payments from our customers if their creditworthiness declines;

•reclamation and mine closure obligations;

•our assumptions concerning economically recoverable coal reserve estimates; and

•other factors, including the other factors discussed in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section included elsewhere in this Quarterly Report on Form 10-Q and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections included in our Annual Report on Form 10-K for the year ended December 31, 2025.

The list of factors identified above is not exhaustive. We caution readers not to place undue reliance on any forward- looking statements, which are based on information currently available to us and speak only as of the dates on which they are made. When considering these forward-looking statements, you should keep in mind the cautionary statements in this report. We do not undertake any responsibility to publicly revise these forward-looking statements to take into account events or circumstances that occur after the date of this report. Additionally, except as expressly required by federal securities laws, we do not undertake any responsibility to update you on the occurrence of any unanticipated events, which may cause actual results to differ from those expressed or implied by the forward-looking statements contained in this report.