On March 26, 2024, Mr. Patrick Apodaca announced his intention to retire as Senior Vice President and General Counsel of PNM Resources, Inc., effective as of a date that is mutually agreeable between Mr. Apodaca and PNMR after a suitable successor is identified, currently anticipated to be no sooner than July 2, 2024 (the Effective Date). Mr. Apodaca will continue to serve in his role through the Effective Date.