Warrior Met Coal (HCC) Proxy Filing summary

Executive summary

• Achieved record sales and production volumes in 2025, with sales up 21% and production up 24% year-over-year, driven by the early and on-budget start of longwall operations at Blue Creek Mine.

• Blue Creek Mine, with a 40-year reserve life, is expected to underpin long-term scale, margins, and free cash flow.

• Finalized two federal coal leases in 2025, strengthening the reserve base and supporting a multi-decade growth strategy.

• Maintained a strong safety record, with a total incident rate 53% lower than the national average for underground coal mines.

• Entering 2026 with expected record volumes, continued cost discipline, and a clear path to expanded long-term value creation.

Voting matters and shareholder proposals

• Election of six director nominees to the Board.

• Approval of the 2026 Equity Incentive Plan.

• Advisory vote on executive compensation (say-on-pay).

• Ratification of Ernst & Young LLP as independent auditor for 2026.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of six directors, with five independent members and an independent chair.

• All key committees (Audit, Compensation, Nominating & Governance, Sustainability) are fully independent.

• Board diversity: 33% diverse by gender or race/ethnicity; 25% of committee leadership roles held by women.

• Annual board and committee evaluations, majority vote standard for elections, and proxy access rights.

• Recent enhancements include adoption of proxy access, stockholder rights plan policy, and a human rights assessment.