BRIEF-Wbi Energy Reaches Positive Final Investment Decision To Build Bakken East Pipeline

MDU Resources Group, Inc. MDU.N:

• WBI ENERGY REACHES POSITIVE FINAL INVESTMENT DECISION TO BUILD BAKKEN EAST PIPELINE

• MDU RESOURCES GROUP, - CONSTRUCTION EXPECTED FROM 2028 TO 2030 IN TWO PHASES

• MDU RESOURCES GROUP, - FIRST PHASE EXPECTED TO COMPLETE IN LATE 2029

• MDU RESOURCES GROUP, - SECOND PHASE TARGETED FOR COMPLETION IN LATE 2030

• MDU RESOURCES GROUP, - PROJECT ESTIMATED TO COST BETWEEN $2.70 BILLION AND $3.20 BILLION

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