RGC Resources (RGCO) Investor presentation summary

Safety and operational excellence

• Achieved industry leader accident prevention award for maintaining a DART incident rate below the industry average for local distribution companies in 2025.

• Ongoing investment in operational training and safety awareness, including public campaigns for safe excavation.

Natural gas market environment

• Inflation-adjusted residential natural gas heating costs have declined over time, while electric heating costs have remained flat.

• Fossil fuels are projected to account for 82% of U.S. energy consumption in 2025, with natural gas as a major component.

• U.S. dry natural gas production is expected to grow, driven by both domestic and international demand.

Midstream and infrastructure projects

• RGC Midstream contributed $3.3M in cash distributions for fiscal 2026 and is expected to enhance consolidated net income.

• Mountain Valley Pipeline (MVP) mainline entered service in June 2024, providing over 2B DTH/day capacity and two interconnects.

• MVP Boost project will add 600k DTH/day capacity, with a total cost of approximately $453M and is in the permitting phase.

• MVP Southgate pipeline, with 550M DTH/day capacity and $404M cost, is expected to be completed in early 2027.