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MEDIUM-TERM POTENTIAL TO MORE THAN DOUBLE PRODUCTION Ramaco annual production (in millions of tons) 0.5 3.35 2.7 2.2 1.9 1.8 1.7 RAMACO RESOURCES 4.6 6.5 The Company anticipates reaching its original goal of achieving 4 million tons of annualized sales and production in 2H23. We have the ability to increase production to over 5 million tons by 2024, should we choose to accelerate some growth projects. 2017A 2018A 2019A 2020A 2021A 2022A 2023E* 2024E Medium Term** (*) Based on the midpoint of guidance. (**) Anticipated rate of production during 2026. Furthermore, the Company anticipates growing production to 6.5 million tons by 2026. 25

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