Black Hills (BKH) AGM 2025 summary

Opening remarks and agenda

• Meeting held virtually on April 23, 2025, to ensure secure and convenient shareholder participation, with voting and Q&A enabled through an online platform.

• The meeting was called to order, adhering to a published agenda and rules of conduct for fairness and order.

Board and executive committee updates

• Board introduced, including two retiring directors recognized for their service and two new nominees seeking election.

• Independent directors recommended nominees for election, and Deloitte & Touche representatives were present.

Shareholder proposals

• Three proposals presented: election of directors, ratification of Deloitte & Touche as auditor, and advisory vote on executive compensation.

• No additional proposals or nominations were received from shareholders by the deadline.