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Investor Presentaiton

METALLURGICAL QUALITY BREAKDOWN RAMACO RESOURCES Production growth is focused to create a long-term, high value portfolio. Almost 80% of production at our anticipated 6.5 million ton¹ level is expected to be higher quality Low Vol, Mid Vol, and High Vol A coal, with the flexibility to pivot production based on market conditions. 2023 Production Outlook (1) 5% • Semi-Soft 21% High-Vol B+ 10% Mid-Vol Medium-Term Production Outlook (2) 8% 2% Thermal 2% Thermal 23% Low-Vol 39% High-Vol A 14% High-Vol B+ 5% • Semi-Soft 0 Mid-Vol • 28% Low-Vol 43% High-Vol A (1) Anticipated production is based on internal forecasting. Actual production is subject to change. (2): Totals may not add due to rounding. 29
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