U.S. Coal Demand and Peabody Strategic Overview slide image

U.S. Coal Demand and Peabody Strategic Overview

Peabody's Significant Scale Offers Numerous Benefits • High reserve-to-production ratio allows for optimized mine planning, solid cost structure and expansion optionality • Benefits customers by providing flexible production and sourcing, improved confidence in reliability of supply, "alternative brand name" for supplier diversification • Enables sharing of skills, knowledge, equipment, contracts and best practices • Scalable SG&A and shared trading, administrative and technical services ● Improves access to financial markets THE PEABODY WAY 192 Million tons of coal sales 5.2 Billion tons of proven and probable reserves 23 Operations in 8 states and 2 flagship countries Peabody Note: Coal sales and proven and probable reserves as of Dec. 31, 2017. 4
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