U.S. Coal Demand and Peabody Strategic Overview

Industry Overview Coal remains major part of global energy mix and essential ingredient in steelmaking 8 billion tonnes of coal fuels 37% of global electricity and enables continued growth in steel production • Peabody strategically positioned with seaborne production to meet best demand centers and well- placed, low-cost U.S. assets 37% Share of global electricity 30% Share of U.S. electricity 1B Billion tonne per year global met coal demand Peabody 7 Source: Industry reports and Peabody Global Analytics. Electricity generation from IEA World Energy Outlook 2017.

View entire presentation