X0306 4 2017-02-08 0 0001687187 Ramaco Resources, Inc. METC 0001687163 Yorktown XI Associates LLC 410 PARK AVENUE, 19TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock, $0.01 par value 2017-02-08 4 S 0 85950 13.50 D 5587127 I See Footnotes These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). Yorktown XI Associates LLC ("Yorktown XI Associates") is the sole general partner of Yorktown XI Company LP, the sole general partner of Yorktown XI. Yorktown XI Associates disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that Yorktown XI Associates is the beneficial owner of the securities for Section 16 or any other purpose. Yorktown XI Associates LLC, /s/ W. Howard Keenan, Jr., Manager 2017-02-10