Business Summary

Peabody Energy Corporation is a producer of metallurgical and thermal coal. The Company’s segments include Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining and Other United States (U.S.) Thermal Mining. The Company’s Seaborne Thermal Mining segment consists of mines in New South Wales, Australia. Its Seaborne Metallurgical Mining segment consists of mines in Queensland, Australia, one in New South Wales, Australia and one in Alabama, the United States. The Company’s Powder River Basin Mining segment consists of its mines in Wyoming. Its Other U.S. Thermal Mining segment includes operations that reflect the aggregation of its Illinois, Indiana, New Mexico and Colorado mining operations. The Company owns interests in over 17 coal mining operations located in the United States and Australia. It markets and brokers coal from other coal producers, both as principal and agent, and trades coal and freight-related contracts.