NorthWestern Energy Group (NWE) EGM 2026 summary

Opening remarks and agenda

• Meeting opened by CEO and Board Chair, welcoming shareholders to the virtual special meeting.

• Agenda included a presentation on the merger's strategic rationale, formal business, electronic voting, and announcement of preliminary results.

Specific resolutions to be voted on

• Proposal to adopt the merger agreement with Black Hills Energy.

• Advisory vote on merger-related compensation for named executive officers.

• Proposal to approve adjournment of the meeting if necessary.

Board and executive committee updates

• Leadership team for the combined company partially named, including CEO, COO, CFO, and Chief Integration Officer.

• Combined board to have 11 members: 6 from Black Hills, 5 from NorthWestern.

• Board chair and committee leadership roles assigned for the new entity.