MDU Resources Group (MDU) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 13, 2025, with virtual attendance available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 12, 2025.

Voting matters and shareholder proposals

• Election of seven directors for one-year terms is proposed, with all nominees recommended by the board.

• Advisory vote on executive compensation (say-on-pay) is included.

• Approval of an amended and restated long-term performance-based incentive plan is up for vote.

• Ratification of Deloitte & Touche LLP as independent auditor for fiscal year 2025 is recommended.

• Other business may be addressed as appropriate during the meeting.

Board of directors and corporate governance

• Seven director nominees are listed: Darrel T. Anderson, Vernon A. Dosch, Marian M. Durkin, Douglas W. Jaeger, Dennis W. Johnson, Nicole A. Kivisto, and Priti R. Patel.

• All nominees are recommended for election by the board.