Press Release

MDU Resources Group Recognized for Gender Diversity on Board of Directors

Company Release - 3/3/2020 11:09 AM ET

BISMARCK, N.D., March 3, 2020 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) has again been named a Winning "W" Company by 2020 Women on Boards for having at least 20% of its corporate board comprised of women.

MDU Resources logo

MDU Resources' board is made up of 10 directors. Three women, Karen B. Fagg, Patricia L. Moss and Chenxi Wang, served on the board in 2019.

Winning "W" Companies are cited in the 2020 Women of Boards annual "Gender Diversity Index," which tracks the number of corporate board seats held by women among companies listed on the Russell 3000 Index. In 2019, the campaign achieved its original 20% campaign goal, with women corporate directors making up a record 20.4% of all board seats nationally on the index.

"Diversity is critical to MDU Resources' success across all ranks of our employees and leadership," said David L. Goodin, president and CEO of MDU Resources. "We value diverse perspectives and equality in all areas of our company."

About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, see the company's website at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

About 2020 Women on Boards
2020 Women on Boards is a nonprofit education and advocacy campaign committed to raising public awareness and momentum toward the goal of achieving at least 20% of all public company board seats to be held by women by the year 2020. For more information on 2020 Women on Boards, see the website at www.2020WOB.com.

Media Contact:Laura Lueder, manager of communications and public relations, 701-530-1095
Financial Contact:Jason Vollmer, vice president, chief financial officer and treasurer, 701-530-1755

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SOURCE MDU Resources Group, Inc.