Hallador signs exclusive data center commitment agreement; up to $5M milestone payments

HALLADOR ENERGY CO

Entered exclusive 105-business-day commitment agreement with leading global data center developer for potential Indiana project.
Cumulative payments up to $5M to Hallador: $1M in Jan, $2M in Mar, $2M in Jun if conditions not met.
If definitive agreements signed, expects to contract majority of energy at prices above forward curve for >10 years.
Agreement follows non-binding term sheet from Q3 2024; CEO highlights legitimacy and progress.
Completion subject to finalizing definitive agreements; no assurance of consummation.

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