Strategies for Sustainable Growth and Resilience

EDGE: Key Value Creation Priorities ◉ Price Alignment Price increases to align with higher costs driven by inflation, and value of products & services Increase use of technology to be highly selective and sophisticated in bidding to optimize our vertically integrated business model Operational Improvement Regional strategic reviews to transfer best practices and deploy PIT Crews to reduce costs and improve productivity in materials ☐ Optimize overhead costs and benefit from scale Balanced and Profitable Growth Through Vertical Integration Increase aggregate revenue mix within vertically integrated business model Core Values ◉ Maintain 'Life at Knife' People-First Culture KNIFE RIVER 25

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