On July 16, 2021, the Boards of Directors of both MGE Energy, Inc. and Madison Gas and Electric Company elected Noble L. Wray as a member of both boards of directors, effective September 1, 2021. Mr. Wray will be a Class III director whose term will expire at the annual meeting of shareholders in 2022. Mr. Wray was also elected to serve on the Audit Committee and the Corporate Governance Committee of the Board of Directors of MGE Energy, effective as of September 1, 2021. Mr. Wray has been determined by MGE Energy’s Board of Directors to be an independent director under the independence guidelines adopted by the NASDAQ Stock Market, Inc. Mr. Wray retired from the Madison Police Department after 30 years. He was promoted through the ranks and was appointed Chief of Police of the City of Madison in 2004.