Peabody clarifies IEA upwardly revised coal demand forecast 6-7% for 2030

PEABODY ENERGY CORP

CMO Malcolm Roberts clarified IEA's 2024 World Energy Outlook shows 2030 coal demand 6% higher in STEPS scenario vs prior forecast.
Announced Pledges Scenario: 325 Mtce higher (7% increase) versus 2023 outlook.
Net Zero Emissions scenario: 183 Mtce higher (6% increase) versus prior forecast.
Clarification follows Q3 2024 earnings call statement on October 31, 2024.
No change to Peabody's own production or financial guidance.

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