Peabody adjusts conversion rate on 2028 notes due to Q1 dividend

PEABODY ENERGY CORP

Conversion rate on 3.250% Convertible Senior Notes due 2028 increased from 51.0440 to 51.7762 shares/$1,000.
Adjustment effective February 19, 2025, ex-dividend date for $0.075/share Q1 2025 dividend payable March 11.
Increase exceeds 1% threshold; if Q1 dividend not paid, rate will revert.
Dividend declared by board; prior three quarters also $0.075/share.

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