Peabody Energy Corporation announced an adjustment to the conversion rate of its 3.250% Convertible Senior Notes due 2028. The adjustment was triggered by the company's quarterly cash dividend of $0.075 per share, scheduled for payment on March 11, 2025. As a result, effective February 19, 2025, the conversion rate increased to 51.7762 shares of common stock per $1,000 principal amount of the convertible notes. The company provided this information to Wilmington Trust, the trustee, which will notify noteholders. A full copy of the notice is included as Exhibit 99.1 in the filing.