Strategies for Sustainable Growth and Resilience

Framework for Long-Term Shareholder Value Creation E D EBITDA Margin Improvement Discipline G I Growth Excellence EDGE 2025 Expectations Strong and Balanced Revenue Growth Increasing Mix of Aggregates Attractive Cash Flow Generation CF growth in-line with Adj. EBITDA growth Significant Adj. EBITDA Margin Expansion -15% by 2025 Sustain/Improve Industry-Leading ROIC 3-Year Avg. ROIC 12.9%1 Increasing Aggregate Mix Long-term Vision 20%+ Adj. EBITDA Margin No. 1 in Markets of Operation² Note: EBITDA, Adj. EBITDA and Cash Flow are non-GAAP measures, see Appendix for reconciliation. 1 Reflects average ROIC 2020-2022; 2 Based on a proprietary assessment of volume in core market areas. KNIFE RIVER 11

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