On January 29, 2024, RGC Resources, Inc. ("Resources" or the "Company") appointed Timothy J. Mulvaney, the current Interim Chief Financial Officer and Treasurer, as Vice President, Treasurer and Chief Financial Officer of Resources, effective February 1, 2024. Mr. Mulvaney has served as interim Chief Financial Officer and Treasurer of Resources since September 6, 2023. There is no arrangement or understanding between Mr. Mulvaney and any other person pursuant to which he was selected as an officer of the Company, and there is no family relationship between Mr. Mulvaney and any of the Company?s other directors or executive officers.

Mr. Mulvaney, 55 years old, previously served for more than five years as Senior Vice President, Chief Accounting Officer for LL Flooring Holdings, Inc. (?LL Flooring?), where he was responsible for the Company?s accounting records, external financial reporting and treasury functions. Mr. Mulvaney also served as the Interim Chief Financial Officer for LL Flooring in 2019. Prior to LL Flooring, Mr. Mulvaney was the Chief Accounting Officer and Controller at Media General, Inc. He was with Media General for more than 20 years.

He began his career in public accounting with Ernst and Young. Mr. Mulvaney is a licensed CPA in the Commonwealth of Virginia.