RGC Resources (RGCO) Investor presentation summary

Company overview and structure

• Publicly traded utility holding company with operations through Roanoke Gas and RGC Midstream.

• Roanoke Gas serves over 64,500 customers in Southwest Virginia, established in 1883.

• RGC Midstream holds a 0.73% interest in the Mountain Valley Pipeline (MVP) and is involved in Southgate and Boost projects.

Recent milestones and operational highlights

• Achieved record annual send out of 11.5 DTHs in fiscal 2025.

• Expedited rate case resulted in $4.3M new revenue and 9.9% ROE.

• All Midstream debt refinanced with maturities extended 5 to 7 years.

• Implemented new technology infrastructure, including ERP and revenue systems.

Regulatory and rate environment

• Authorized 9.9% ROE and 59% equity by VA State Corporation Commission.

• Predictable and stable revenues supported by alternative cost recovery mechanisms and weather normalization.

• Most recent final rate order in April 2025; 2026 rate case pending with expected resolution in Q1 fiscal 2027.