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Investor Presentaiton

NMPRC Commissioners and Districts Term District Name Party Ends NMPRC Districts and PNM Service Areas District 1 Cynthia Hall 2020(1) Democrat ° District 2 Jefferson Byrd 2022(1) Republican Farmington Rio Arriba Raton Taos Colfax San Juan District 3 Union Cleyton Valerie Espinoza, District 3 2020 Democrat Vice-Chairman District 4 McKinley Los Alamos Sandoval Mora Harding Gallup District 4 Theresa Becenti-Aguilar, Chairman Santa Fe Las Vegas Santa Fe San Miguel 2022(1) Democrat Cibola District 5 Stephen Fischmann 2022(1) Democrat Rio Rancho Albuquerque District 1 Quay Bernalillo Guadalupe Valencia Torrance Curry District 2 Clovis DeBaca (1) Eligible for re-election to a second four-year term 2019 Legislative Update - Appointed vs Elected: . • A Senate Joint Resolution was passed in the New Mexico legislature to include a state constitutional amendment on the ballot in the next general election (2020) to move to a 3-member, appointed Commission If the amendment is passed by a simple majority: • The legislature defines the nominating committee and the requirements for Commissioners • The terms for Commissioners elected in Districts 1 and 3 in 2020 will be for a two-year term ending in 2022; the terms for Commissioners in Districts 2, 4 and 5 already expire in 2021 • Three appointed Commissioners would begin terms January 1, 2023 Lordsburg Catron District 5 Silver City Grant Deming Hidalgo Luna Socorro Lincoln Ruidoso Roswell Chaves Sierra Alamogordo Doña Ana Las Cruces Otero Eddy Carlsbad PRC District 1 2 3 4 PNM Service Areas Roosevelt PNMResourc MR ources 22 Lea Hobbs 3-2015
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