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Investor Presentaiton

INVESTMENT HIGHLIGHTS CONTINUED 05 06 07 RAMACO RESOURCES Ramaco has built a low-cost met coal platform, with one of the strongest growth pipelines, a clean balance sheet, record 2022 Adjusted EBITDA and net income, with further upside anticipated in 2023. We hope to take Ramaco into its next phase with our recent exciting Rare Earth Element announcement. Rare earth element ("REE") potential Experienced senior management team Attractive valuation, with meaningful and growing dividend We recently announced independent findings from Weir International, Inc. and the National Energy Technology Laboratory ("NETL") that our Brook Mine in WY possesses a significant unconventional deposit of REEs, with high relative concentrations of Neodymium, Praseodymium, Terbium and Dysprosium. We are continuing to assess our REE potential with minimal capital outlay. Highly experienced management team and Board of Directors with a long history of developing, financing, constructing, and operating coal assets. Current trading levels offer a compelling opportunity to invest in a premier met coal producer and future potential critical mineral producer with a long-term runway for production and earnings growth in both commodities. In late 2021, we both initiated and then doubled our quarterly base dividend. We further increased by 10% in December 2022,. Our stock trades at a ~6% yield as of June 6. We hope to continue to return increasing amounts of shareholders going forward. 7
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