Alliance Resource Partners, L.P. Increases Quarterly Cash Distribution 40% to $0.35 Per Unit; Provides Preliminary View of Results for the Quarter Ended March 31, 2023; and Increases Guidance

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended March 31, 2023 (the “2023 Quarter”).

ARLP unitholders will receive a cash distribution for the 2023 Quarter of $0.35 per unit (an annualized rate of $1.40 per unit), payable on May 13, 2023, to all unitholders of record as of the close of trading on May 6, 2023. The announced distribution represents a 250.