New Jersey Resources Corporation and Nancy A. Washington have mutually agreed that Ms. Washington will separate from the company and no longer serve as Senior Vice President and General Counsel, effective May 3, 2021. In connection with her separation, and as approved by the Leadership Development and Compensation Committee of NJR’s Board of Directors, the company and Ms. Washington entered into a Separation Agreement, dated May 7, 2021, which provides Ms. Washington with certain separation payments in exchange for a comprehensive release of claims, compliance with confidentiality requirements, post-employment cooperation agreements and compliance with certain restrictive covenants.