Entity

State of Formation

Ramaco Development, LLC

Delaware

Ram Mining, LLC

Delaware

Ramaco Coal Sales, LLC

Delaware

Ramaco Resources, LLC

Delaware

Ramaco Resources Land Holdings, LLC

Delaware

Ramaco Coal, Inc.

Delaware

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Maben Coal, LLC

Delaware

Carbon Resources Development, Inc.

West Virginia

Ramaco Coal, LLC

Delaware

Ramaco Royalty, LLC

Wyoming

Ramaco Royalty Company, LLC

Delaware

Ramaco Royalty GP, LLC

Delaware

Ramaco Royalty Development, LLC

Delaware

Ramaco Royalty, LP

Delaware

Ramaco Wyoming Coal Co., LLC

Wyoming

Ram Farms, LLC

Delaware

Brook Mining, LLC

Wyoming

Ramaco Northern Appalachia, LLC

Delaware

Ramaco Power, LLC

Wyoming

Ramaco iCam, LLC

Wyoming

Sheridan IPARK, LLC

Wyoming

Wyoming IPARK, LLC

Wyoming

Ramaco Carbon, LLC

Wyoming

Camp Life Sciences, Inc.

Delaware

Carbon Advanced Chemicals, Inc.

Delaware

Carbon Advanced Materials, LLC

Wyoming

Ramaco 3D, LLC

Wyoming

Carbon Holdings Intellectual Properties, LLC

Wyoming

Carbon Advanced Building, Inc.

Delaware

Carbon Advanced Materials, Inc.

Delaware

Carbon Advanced Pitch, Inc.

Delaware

Ramaco Realty, LLC

Wyoming

Carbon Advanced Materials & Products, Inc.

Delaware

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