Investor Presentaiton

STRONG ESG COMMITMENT Safety, health and environmental principles are core to our strategy. Almost all of our coal production can be used to make primary steel, which is a crucial component of renewable energy assets, including the large-scale production of energy transition windmills, solar farms and modern electric vehicles. Primary steel is essential to a green future, and metallurgical coal is a necessary ingredient in the production of economic primary steel: Met Coal Is Key To Energy Transition: There are currently no large- scale economic substitutes for the use of metallurgical coal (and iron ore) in the production of primary steel, which is needed for the large- scale production of windmills and electric vehicles. Minimal Environmental Footprint: Ramaco's asset retirement obligations (AROs) are 94% below the average of our peer group. Local Social Causes: While Ramaco has been a long-term supporter of local charities and social causes, recently the Board of Directors approved the formation of the Ramaco Foundation, which invests in the regions where Ramaco employees live and work in West Virginia, Virginia and Wyoming. The Foundation has made donations to local volunteer fire/rescue squads, groups helping fight child hunger and a group supporting high school graduates with career coaching. The Foundation should ensure Ramaco's ability to give back for many years. Ramaco Coal Transaction: The 2022 Ramaco Coal transaction gives the Company a meaningful leg up versus peers on the transitional front given its focus on turning low-cost carbon feedstock into high-value advanced carbon products. Committed Board of Directors Oversight: Ramaco has an Environmental, Health and Safety Board Committee that regularly reviews its compliance with environmental, health and safety matters. RAMACO RESOURCES 35

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