Mr. Iverson has served as a director of Dakota Gold since March 2026 and is a senior legal and financial executive with more than 30 years of experience in the utility, energy and financial services sectors. He currently serves as the General Counsel, Senior Vice President Regulatory and Public Policy for TXNM Energy (NYSE: TXNM), where he oversees legal affairs, regulatory strategy, governmental and tribal relations, supply chain and internal audit, since September 2024. Previously, he served as the Senior Vice President & General Counsel (2016 2024) for Black Hills Corporation (NYSE: BKH), an electric and gas utility company headquartered in Rapid City, South Dakota. Prior to this role, Mr. Iverson held roles of increasing responsibility for Black Hills Corporation including Senior Vice President, Regulatory and Government Affairs & Assistant General Counsel (2014 2016), Vice President and Treasurer (2011 2015), Vice President, Electric Regulatory Services (2008 2011), and Senior Counsel (2004 2008). Mr. Iverson holds a Juris Doctorate, Master of Business Administration, and a Bachelor of Science in Business Administration, Accounting, all from the University of South Dakota. Mr. Iverson is a NACD Board Leadership Fellow, Certified Public Accountant, and a Chartered Global Management Accountant. Our Board of Directors believes Mr. Iverson s experience and skills developed as an executive officer, lawyer and leader of regulatory, governmental affairs and treasury functions for several publicly traded companies make him well-qualified to serve as a director of the Company.