埃克西尔能源(Xcel Energy) XEL

Mr. Frenzel brings extensive experience and perspective to the Board in the areas of energy, operations, finance, corporate development and risk management. Prior to his role as the Company's President and Chief Executive Officer, Mr. Frenzel served as the Company's President and Chief Operating Officer, leading Xcel Energy's four utility operating companies and transmission, distribution and natural gas operations. Having served as Chief Financial Officer of Xcel Energy and of Luminant, Mr. Frenzel has valuable knowledge of finance, tax, accounting and corporate development functions. He also has experience in banking and with financial transactions within the energy and power industry. Prior to starting his business career, Mr. Frenzel served in the United States Navy for six years as a nuclear engineering officer and weapons officer and was promoted to Lieutenant Commander in the Navy Reserve following active duty. He has also served as a director for various nonprofit organizations. Mr. Frenzel currently serves on the boards of a number of industry groups, including Nuclear Energy Institute, Edison Electric Institute and Institute of Nuclear Power Operations. Business Experience: Chairman of the Board, Xcel Energy Inc. (December 2021 to present); President and CEO, Xcel Energy Inc. (August 2021 to present); President and Chief Operating Officer, Xcel Energy Inc. (2020 to August 2021); Executive Vice President and Chief Financial Officer, Xcel Energy Inc. (2016 to 2020); Senior Vice President and Chief Financial Officer, Luminant, a wholly owned subsidiary of Energy Future Holdings Corporation (EFH), an electric utility company (2012 to 2016); Senior Vice President for Corporate Development, Strategy and Mergers and Acquisitions, EFH (2009 to 2012); Vice President, Investment Banking Division, Goldman Sachs (2002 to 2009). Former Public Company Boards: Patterson Companies, Inc. (2018 to 2025).

Mr. Brian J. Van Abel, Executive Vice President, Chief Financial Officer, Xcel Energy Inc. March 2020 - Present; Senior Vice President, Finance and Corporate Development, Xcel Energy Services Inc. September 2018 - March 2020.

Ms. Amanda Rome, Executive Vice President, Group President, Utilities, and Chief Customer Officer, Xcel Energy Inc. October 2023 - Present; Interim General Counsel, Xcel Energy Inc. January 2024 - May 2024; Executive Vice President, Chief Legal and Compliance Officer, Xcel Energy Inc. June 2022 - October 2023; Executive Vice President, General Counsel, Xcel Energy Inc. June 2020 - June 2022; Vice President and Deputy General Counsel, Xcel Energy Services Inc. October 2019 - June 2020.

Mr. Lamb has served in various roles since joining Xcel Energy in 1985. Most recently, he has served as Senior Vice President, Customer Delivery since September 2024. From June 2023 to August 2024 he served as Senior Vice President, Distribution and Gas, and from 2018 to May 2023 he served as Senior Vice President, Transmission. In connection with the foregoing, Xcel Energy announced that effective May 1, 2025, Michael Lamb will begin serving as Executive Vice President, Chief Delivery Officer.

Effective June 16, 2025, Ryan Long was promoted to Executive Vice President, Chief Legal and Compliance Officer at Xcel Energy. Mr. Long has been serving as President, Northern States Power Company (a Minnesota corporation) (NSPM), since January 2024 and will continue overseeing NSPM while an internal and external search for the next NSPM President is conducted. Prior to his role at NSPM, Mr. Long served in various legal roles since joining Xcel Energy in 2015, including Interim General Counsel, Vice President & Deputy General Counsel, Managing Attorney, Lead Assistant General Counsel and Principal Attorney. Before joining Xcel Energy, Mr. Long worked as a lawyer for Faegre Baker Daniels (now known as Faegre Drinker Biddle & Reath) in Minneapolis and Cravath, Swaine & Moore in New York City.

Mr. Pardee brings to our Board extensive nuclear, operational and risk management experience. He most recently served as President of Terrestrial Energy USA, a nuclear technology company, and has more than 39 years of experience in the energy industry, having held leadership roles at the Tennessee Valley Authority and Exelon Corporation. Mr. Pardee has worked with several other energy companies, including Florida Power Corporation and Carolina Power & Light, as well as the Institute of Nuclear Power Operations. Mr. Pardee served as a Lieutenant in the United States Navy for nine years. Mr. Pardee is the chair and director of the Independent Oversight Committee for the Emirates Nuclear Energy Corporation in the United Arab Emirates and is a director for Terrestrial Energy Inc. He previously served on the nuclear safety advisory board for Tokyo Electric Power. Business Experience: President, Terrestrial Energy USA, a nuclear technology company (2019 to June 2024); Executive Vice President, Chief Operating Officer, Tennessee Valley Authority, a federally owned corporation that provides navigation, flood control, electricity generation and economic development to the Tennessee Valley (2013 to 2017); Executive Vice President, Chief Generation Officer, Tennessee Valley Authority (January 2013 to April 2013); Chief Operating Officer, Exelon Generation, Exelon Corporation's energy provider (2010 to 2013); President and Chief Nuclear Officer, Exelon Nuclear, Exelon Corporation's nuclear division (2007 to 2010). Other Public Company Boards: Terrestrial Energy Inc. (Since 2025).

Ms. Burkhart brings to our Board human capital management, executive compensation, risk management, consumer-facing business and regulated industry experience. Ms. Burkhart has served as Executive Vice President for Fifth Third Bank since its merger with Comerica Incorporated in February 2026. She also serves as a member of Fifth Third's Management Committee. At Comerica, Ms. Burkhart served as Senior Executive Vice President, Chief Administrative Officer with responsibility over human resources and the company's inclusion efforts. In addition, she oversaw corporate affairs, which included corporate sustainability, communications and external affairs, and Comerica's EXCELLENCE program which focused on maturing foundational risk management practices and fostering a strong risk culture across the bank. She also served on Comerica's Management Executive Committee. Among her community affiliations, Ms. Burkhart serves on the board of Austin Street Center. Ms. Burkhart is a graduate of the Leadership Dallas Class of 2016. Business Experience: Executive Vice President, Fifth Third Bank, a financial services company (February 2026 to present); Senior Executive Vice President, Chief Administrative Officer, Comerica Incorporated, a financial services company (January 2023 until it merged with Fifth Third Bank in January 2026); Executive Vice President, Chief Human Resources Officer, Comerica Incorporated (2010 to January 2023); Senior Vice President, Director of Compensation, Comerica Incorporated (2007 to 2010); First Vice President, Human Resources Director, Credit and Corporate Staffs, Comerica Incorporated (2004 to 2007).

Mr. Stockfish is an accomplished executive who shares our deep commitment to safety and operational excellence. He serves as President and Chief Executive Officer of Weyerhaeuser Company, and our Company greatly benefits from his acumen in leading a publicly traded, capital-intensive business. Mr. Stockfish's depth of knowledge in corporate strategy and finance and experience managing complex legal and regulatory issues provide tremendous value to our Board. Mr. Stockfish's experience in sustainable business operations also provides valuable insight as we continue to make progress on our sustainability goals. Mr. Stockfish also serves on the Weyerhaeuser Company board of directors and on the National Alliance of Forest Owners board of directors. Business Experience: President and CEO, Weyerhaeuser Company, a North American forest products company (2019 to present); Senior Vice President Timberlands, Weyerhaeuser Company (2018 to 2019); Vice President, Western Timberlands, Weyerhaeuser Company (2017 to 2018); Senior Vice President, General Counsel and Corporate Secretary, Weyerhaeuser Company (2014 to 2016). Other Public Company Boards:Weyerhaeuser Company (Since 2019).

Ms. Kampling is the former Chairman and Chief Executive Officer of Alliant Energy Corporation. She has four decades of experience in the energy industry, having held leadership roles at Exelon Corporation and the former IPSCO Corporation prior to her tenure at Alliant. Ms. Kampling provides the Board with extensive utility-specific experience relating to finance, strategy, risk management and regulation. Ms. Kampling also currently serves on several nonprofit boards. Business Experience: Chairman and CEO, Alliant Energy Corporation, a public utility holding company (2012 to 2019); President and Chief Operating Officer, Alliant Energy Corporation (2011 to 2012); Executive Vice President and Chief Financial Officer, Alliant Energy Corporation (2010 to 2011). Other Public Company Boards: American Water Works Co. Inc. (Since 2019); Fidelity Equity and High Income Funds (Since 2020). Former Public Company Boards: Briggs & Stratton Corp. (2011 to 2021).

With 38 years of experience in a global public accounting firm, Mr. Kehl brings extensive knowledge of financial accounting, auditing and internal control over financial reporting, which is valuable to our highly regulated company. He was an audit partner for 25 years at KPMG LLP, serving mostly Fortune 500 companies, and was the managing partner of the Minneapolis office from 2010 until his retirement in 2019. Mr. Kehl is a Certified Public Accountant in Minnesota and Florida. His experience provides the Board with valuable strategic business, leadership and financial expertise, and the Board has determined Mr. Kehl to be an audit committee financial expert. Mr. Kehl has served as a director of several nonprofit companies in the communities we serve, providing valuable insights into our stakeholder base that is vital to our business. Business Experience: Independent Consultant (2023 to present); Office Managing Partner, KPMG LLP, a global audit, tax and advisory firm (2010 to 2019); Audit Partner, KPMG LLP (1994 to 2019).

Ms. Casey has extensive executive experience in brand strategy and investor, corporate and media relations. She is nationally recognized as an industry leader in building and protecting brands, having served as Chair and Chief Executive Officer of Padilla, a public relations and communications firm, for 17 years. Ms. Casey brings valuable skills to the Board with her experience in creating and delivering high-impact communication strategies, her expertise in crisis communications and management and her strong commitment to the local community. Ms. Casey also serves as a director of several nonprofit organizations in the communities that we serve. Business Experience: Chair, Padilla, a public relations and communications firm (August 2018 to December 2019); Chair and CEO, Padilla (2001 to August 2018).

Mr. Welsh brings to our Board decades of experience in a variety of diverse fields, including financial services, customer experience, workforce development and operations. Across several industries, Mr. Welsh's work has centered on understanding consumer behavior and creating strategies to respond to consumer preferences. He also has extensive leadership and regulated industry experience. In his role at CCC Intelligent Solutions Inc., Mr. Welsh leads all market-facing functions to help customers in insurance and collision repair industries accelerate their digital transformation journeys. During his seven years at U.S. Bancorp, Mr. Welsh drove the company's overall consumer and small business strategy across its branch network. Before joining U.S. Bancorp, Mr. Welsh spent more than 26 years at McKinsey & Co. in their Minneapolis-St. Paul offices, serving clients across a broad spectrum of industries including financial services, consumer package goods and energy. Serving as senior partner with the company, Mr. Welsh was elected by his colleagues to McKinsey's Shareholders Council, led McKinsey's global learning and development function, and co-led the firm's people strategy. Mr. Welsh has a passion for helping enhance the vitality of the community in Minnesota and opportunities for its residents. He has extensive board experience, including serving as chair of the board of Allina Health and previously as the chair of the board for GREATER MSP. In addition, Mr. Welsh is a founder of the Itasca Project to improve the quality of life in Minneapolis and St. Paul and a founding board member of UPSIDE Foods (formerly Memphis Meats). Business Experience President, CCC Intelligent Solutions Inc., a cloud platform company supporting the insurance industry (March 2025 to present); Vice Chair, Consumer and Business Banking, U.S. Bancorp, a financial services holding company (2019 to July 2024); Vice Chair, Consumer Banking Sales and Support, U.S. Bancorp (2017 to 2019); Senior Partner, McKinsey & Company, a global management consulting firm (2006 to 2017); Partner, McKinsey & Company (1999 to 2006)

Mr. Johnson's leadership experience in global operations provides the Board with valuable business and strategic insight. Through his role as Executive Vice President and Chief Operations Officer of Albemarle Corporation, a global specialty chemicals company, Mr. Johnson gained expertise in operations and the specialty chemicals industry. His experience with the industry and electrical and renewable energy solutions provides valuable insight to our business as we work toward our carbon-free future. Prior to starting his business career, Mr. Johnson was an officer in the United States Navy. Mr. Johnson has served as a director on several nonprofit boards throughout his career. Business Experience: Executive Vice President and Chief Operations Officer, Albemarle Corporation, a global specialty chemicals company (November 2024 to August 2025); President, Specialties Global Business Unit (previously the Bromine Specialties business unit), Albemarle Corporation (2018 to October 2024); Vice President and General Manager, 3M Company, a multinational industrial, worker safety, health care and consumer goods company (2015 to 2018); President, Filtration, Pentair, a global water treatment company (2010 to 2015).

Ms. Demaree brings to our Board expertise in technology delivery, information security and digital innovation. As Senior Vice President of Enterprise Business and Digital Transformation and Chief Information Officer at Lockheed Martin Corporation, Ms. Demaree has gained valuable insight leading IT strategy, including IT delivery and operations, data and analytics, cybersecurity and IT transformation, as well as regulated industry and risk management experience. Ms. Demaree's expertise in technology delivery and digital advancement will greatly benefit our company as we implement advanced systems designed to make energy work better for our customers. In addition, Ms. Demaree has held directorship positions on multiple nonprofit boards over the course of her career. Business Experience: Senior Vice President, Enterprise Business and Digital Transformation and Chief Information Officer, Lockheed Martin Corporation, a defense and aerospace manufacturing company (December 2024 to present); Vice President and General Manager, National Security Space, Lockheed Martin Corporation (September 2023 to December 2024); Vice President and General Manager, Special Programs, Lockheed Martin Corporation (January 2021 to September 2023); Vice President and General Manager, Mission Solutions, Lockheed Martin Corporation (2018 to 2021); Vice President, Ground Systems and Solutions, Lockheed Martin Corporation (2016 to 2018) and various other roles at Lockheed Martin Corporation since 1990

On July 29, 2026, the Board of Directors of Xcel Energy Inc. elected Peter Carter, to begin serving on the Board effective immediately. Carter serves as the president of Delta Air Lines, where he drives the company's enterprise strategy, global policy matters and global market position. He plays a central role in shaping and protecting Delta's ability to compete, grow and innovate. Under Peter's leadership, Delta collaborates with industry stakeholders to deliver a more sustainable future of travel; works closely with international partners to strengthen joint ventures and alliances; and ensures customers benefit from seamless global connectivity and a high-quality experience across Delta's global network. Prior to assuming the role of president, Carter served as Delta's chief external affairs officer, chief legal officer and corporate secretary. Before joining the company in 2015, Carter was a partner with the Dorsey & Whitney law firm for 23 years. Carter holds a Juris Doctor degree from the University of Minnesota Law School and a Bachelor of Arts degree from the University of Notre Dame.

Mr. Sharp has served in various roles since joining Xcel Energy in 2000. He has served most recently as Senior Vice President, Energy Supply since April 2023. From 2020 to April 2023 he served as Vice President, Energy Supply Operations, and from 2018 to 2020 he served as site vice president at the Prairie Island Nuclear Generating Plant in Minnesota. Mr. O'Connor will remain an employee of Xcel Energy and provide transition services from May 1, 2025 to August 21, 2025. In connection with the foregoing, Xcel Energy announced that effective May 1, 2025, Scott Sharp will begin serving as Executive Vice President, Chief Generation Officer.

Ms. Patricia Correa, Senior Vice President, Chief Human Resources Officer, Xcel Energy Inc. February 2022 - Present; Senior Vice President, Human Resources, Eaton Corporation, a power management company July 2019 - January 2022.

Ms. Melissa Ostrom, Senior Vice President, Controller and Principal Accounting Officer.