Hallador appoints Todd Telesz as CFO effective June 23; Marjorie Hargrave departs

HALLADOR ENERGY CO

Todd Telesz, former Tri-State G&T CFO and Basin Electric CEO, appointed CFO effective June 23, 2025.
Outgoing CFO Marjorie Hargrave credited with reducing costs and improving reporting; leaving to pursue other opportunities.
Telesz receives $500,000 base salary, $175,000 short-term incentive target, $100,000 signing bonus, and $200,000 RSU grant (3-yr vest).
Appointment supports Hallador's transition from coal producer to integrated independent power producer.
No family relationships or reportable transactions with Telesz or immediate family.

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