Investor Presentaiton

Agenda Section Welcome and Introductions Knife River's EDGE Long-Term Value Creation Plan Speakers Dave Goodin President and Chief Executive Officer of MDU Resources Brian Gray President and Chief Executive Officer Life at Knife: Our Core Values Environment, Social, and Governance Sarah Stevens Director of Human Resources Break Financial Results and Outlook Nathan Ring Chief Financial Officer Closing Remarks Q&A KNIFE RIVER Brian Gray President and Chief Executive Officer Glenn Pladsen VP of Support Services 3

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