Warrior Met Coal urges vote to extend NOL protections; ISS and Glass Lewis back proposals

WARRIOR MET COAL, INC.

Proposal 3 would extend 382 transfer restrictions to protect ~$722.3M federal NOLs and ~$992.6M state NOLs.
Deferred tax asset of ~$180.5M (net of valuation allowance) also safeguarded under the extension.
Proposal 4 ratifies amendment to Rights Agreement, extending to April 19, 2026 and raising exercise price to $56.00.
Both ISS and Glass Lewis recommend voting FOR Proposal 3 and Proposal 4.
Board of Directors unanimously recommends voting FOR both proposals.

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