On April 27, 2022, Southwest Gas Holdings, Inc. provided an update on the progress of the Company's previously announced strategic alternatives process. The Company stated that its Board of Directors has formed a Strategic Transactions Committee composed of independent directors, Anne Mariucci, Carlos Ruisanchez, and Jane Lewis-Raymond, to lead an expeditious process to review all strategic alternatives available to maximize value for all the Company stockholders. The Company's Board also recommends that stockholders vote for all its director nominees on the Company's proxy card promptly upon receipt.

The Company added that its proxy materials and other information regarding the Board's recommendation for the 2022 annual meeting can be found at www.SWXBuildingValue.com.