Xcel Energy elects Maria Demaree to board of directors

XCEL ENERGY INC

Maria Demaree, 57, elected to Xcel Energy board effective Dec. 17, 2025; board expands from 11 to 12 members.
Demaree is SVP, Enterprise Business & Digital Transformation and CIO at Lockheed Martin; over 30 years at the company.
She will serve on Audit Committee and Operations, Nuclear, Environmental and Safety Committee.
Compensation prorated from start date to 2026 annual meeting; consistent with other non-employee directors.
No related-party transactions or familial relationships with other directors/officers.

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