Centuri appoints Icahn's Dustin DeMaria to board under cooperation agreement

Centuri Holdings, Inc.

Board expanded to 8 directors; Dustin DeMaria appointed effective Nov 10, 2025.
DeMaria is a Senior Analyst at Icahn Enterprises; will stand for election at 2026 annual meeting.
Icahn Group must maintain net long position of at least 5,423,836 shares to retain board seat.
Agreement includes customary standstill, voting commitments, and non-disparagement provisions.
Company will not adopt poison pill with threshold below 20% without exempting Icahn Group up to 20%.

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