MDU Resources files pro forma financials for Knife River spin-off; retains 10% stake

MDU RESOURCES GROUP INC

Spin-off of Knife River completed May 31, 2023; MDU stockholders received 1 KNF share per 4 MDU shares.
MDU retained 10% of Knife River shares; intends to dispose via debt exchanges, distributions, or sales.
Pro forma financials reclassify Knife River as discontinued operations for all periods presented.
Pro forma data filed as Exhibit 99.1; actual numbers not provided in this summary.

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