Warrior Met Coal Clarifies Ex-Dividend Date for Special Cash Dividend

BROOKWOOD, Ala.–(BUSINESS WIRE)–Warrior Met Coal, Inc. (“Warrior”) (NYSE: HCC) today clarified the date
on which Warrior’s common stock, par value $0.01 per share (the
“Shares”), will trade ex-dividend of the previously announced special
cash dividend of $11.21 per Share (the “Special Dividend”). As
previously announced, the Special Dividend will be payable on November
22, 2017 to stockholders of record as of the close of business on
November 13, 2017.

Investors should note that the ex-dividend date is set by the NYSE.
Under the rules of the NYSE, when a dividend is declared in a per share
amount that exceeds 25% of a company’s stock price, the date on which
that company’s shares will begin to trade without the dividend, or
ex-dividend, is the first business day following the dividend payment
date. Accordingly, the NYSE has informed Warrior that it has set an
ex-dividend date for the Special Dividend of November 24, 2017.
Consequently, if a stockholder as of the record date sells Shares at any
time prior to the ex-dividend date of November 24, 2017, they will not
receive the Special Dividend.

Warrior is a large-scale, low-cost U.S. based producer and exporter of
premium hard coking coal (“HCC”) operating highly efficient longwall
operations in its underground mines located in Alabama. The HCC that
Warrior produces from the Blue Creek coal seam contains very low sulfur
and has strong coking properties, and is of a similar quality to coal
referred to as the premium HCC produced in Australia. The premium nature
of Warrior’s HCC makes it ideally suited as a base feed coal for steel
makers and results in price realization near the HCC industry average
index price. Warrior sells all of its met coal production to steel
producers in Europe, South America and Asia. For more information about
Warrior Met Coal, please visit www.warriormetcoal.com.

Contacts

Warrior Met Coal, Inc.
Analysts and Investors, contact:
Dale
W. Boyles, 205-554-6129
or
News Media, contact:
William
Stanhouse, 205-554-6131