MDU Resources Welcomes New Board Members for Enhanced Growth

MDU Resources Enhances Board of Directors

MDU Resources Group, Inc. (NYSE: MDU) is excited to announce the election of two experienced professionals, Charles M. Kelley and Tammy J. Miller, to its board of directors. This strategic move is aimed at strengthening the company's leadership and enhancing its capabilities, particularly in the natural gas sector.

Charles M. Kelley Joins the Board

Charles M. Kelley brings over 40 years of extensive experience in the natural gas industry to MDU Resources. He has a noteworthy background, having spent 25 years at ONEOK, Inc., where he played a pivotal role in driving growth and overseeing strategic initiatives. During his tenure, Kelley was instrumental in managing more than $600 million in capital projects, significantly enhancing the company's earnings before interest, taxes, depreciation, and amortization (EBITDA).

Kelley's unique expertise in pipeline development and regulatory strategy positions him as a tremendous asset for MDU Resources. As the company’s pipeline subsidiary, WBI Energy, seeks to expand its influence in natural gas transmission and storage, Kelley’s insights will be invaluable.

Expressing his sentiments, Kelley stated, "I’m honored to join MDU Resources’ board and contribute to the projected growth of its natural gas infrastructure. I look forward to supporting the company’s efforts to deliver safe, reliable energy to its customers.”

Tammy J. Miller's Vision for the Future

Tammy J. Miller, the former lieutenant governor, brings a wealth of experience that merges executive leadership with a strong foundation in public service. As the former CEO and board chair of Border States, she successfully guided the company from $485 million to nearly $2.5 billion in annual sales. Her extensive experience working with both utilities and policymakers positions her perfectly with MDU Resources' mission and geographic strategy.

Miller has emphasized her excitement about joining the board, saying, "It’s a privilege to serve on the board of a company rooted in community values. I’m eager to support MDU Resources in achieving its mission through my expertise in business and public service.”

Collaboration for a Stronger Future

Both Kelley and Miller will not only fulfill their roles on the board but will also contribute their expertise as members of the Audit Committee. Darrel Anderson, chair of the board, expressed enthusiasm about their appointments, highlighting the potential benefits of their rich backgrounds. Anderson believes Kelley’s deep understanding of pipelines and Miller’s balanced approach to business and government will enhance MDU Resources' growth trajectory.

With the addition of Kelley and Miller, MDU Resources aims to not only strengthen its operational framework but also reinforce its commitment to serving communities effectively and responsibly. Their insights are expected to pave the way for innovative solutions and sustainable practices in the energy sector.

About MDU Resources Group, Inc.

MDU Resources Group Inc. stands as a proud member of the S&P SmallCap 600 index, dedicated to providing safe, reliable, and environmentally responsible electric utility and natural gas distribution services to over 1.2 million customers across the Pacific Northwest and Midwest. The company operates a robust natural gas pipeline network exceeding 3,800 miles, ensuring dependable energy supply across the Northern Plains. MDU Resources has a century-long legacy focused on energizing lives for a better tomorrow.

For inquiries, individuals can connect with the investor relations department, or reach out to Brent Miller (treasurer) at 701-530-1730 for investor-related issues, and Byron Pfordte (director of integrated communications) at 208-377-6050 for media inquiries.

Frequently Asked Questions

What recent changes have occurred in MDU Resources' board?

MDU Resources has appointed Charles M. Kelley and Tammy J. Miller to its board of directors, enhancing its leadership team.

How will Charles M. Kelley's experience benefit MDU Resources?

His extensive background in the natural gas industry and pipeline development will provide valuable insights as MDU Resources aims for growth.

What contributions can Tammy J. Miller bring to MDU Resources?

Miller’s executive leadership experience and public service background will enhance the company’s strategic initiatives and community engagement.

Why is MDU Resources focusing on expanding its board?

To strengthen leadership, enhance operational strategies, and leverage diverse perspectives for improved decision-making.

How can I learn more about MDU Resources Group, Inc.?

For more information, visit the company's official website or contact their investor relations department.

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