Introducing SMMPA2.0For over 40 years, Southern Minnesota Municipal Power Agency (SMMPA) has fulfilled its mission of safelyproviding Mora Municipal Utilities with reliable and affordable wholesale electric service in an environmentallyresponsible manner. While holding fast to that mission, changing times call for bold action and we are layingthe groundwork for a reimagined SMMPA which includes the following initiatives: Retiring our coal generation after 2030, replacing it primarily with wind and solarPlanning to be at least 80% carbon-free and reduce carbon emissions nearly 90% compared to 2005 levels in 2030Building on successful energy efficiency programsDeploying an electric vehicle charging network connecting member communitiesSupporting economic development in member communitiesMaintaining competitive rates and striving to hold increases to at or below CPIThis is SMMPA 2.0 and Mora Municipal Utilities is a key partner in this transformation.Learn more at www.smmpa.com/smmpa2.0Southern MinnesotaMunicipal Power AgencyYour Partner for a Bright Energy FutureMMMORAMUNICIPALUTILITIES Introducing SMMPA2.0 For over 40 years, Southern Minnesota Municipal Power Agency (SMMPA) has fulfilled its mission of safely providing Mora Municipal Utilities with reliable and affordable wholesale electric service in an environmentally responsible manner. While holding fast to that mission, changing times call for bold action and we are laying the groundwork for a reimagined SMMPA which includes the following initiatives:  Retiring our coal generation after 2030, replacing it primarily with wind and solar Planning to be at least 80% carbon-free and reduce carbon emissions nearly 90% compared to 2005 levels in 2030 Building on successful energy efficiency programs Deploying an electric vehicle charging network connecting member communities Supporting economic development in member communities Maintaining competitive rates and striving to hold increases to at or below CPI This is SMMPA 2.0 and Mora Municipal Utilities is a key partner in this transformation. Learn more at www.smmpa.com/smmpa2.0 Southern Minnesota Municipal Power Agency Your Partner for a Bright Energy Future MM MORA MUNICIPAL UTILITIES

Date: March 25, 2020

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Introducing SMMPA2.0 For over 40 years, Southern Minnesota Municipal Power Agency (SMMPA) has fulfilled its mission of safely providing Mora Municipal Utilities with reliable and affordable wholesale electric service in an environmentally responsible manner. While holding fast to that mission, changing times call for bold action and we are laying the groundwork for a reimagined SMMPA which includes the following initiatives: Retiring our coal generation after 2030, replacing it primarily with wind and solar Planning to be at least 80% carbon-free and reduce carbon emissions nearly 90% compared to 2005 levels in 2030 Building on successful energy efficiency programs Deploying an electric vehicle charging network connecting member communities Supporting economic development in member communities Maintaining competitive rates and striving to hold increases to at or below CPI This is SMMPA 2.0 and Mora Municipal Utilities is a key partner in this transformation. Learn more at www.smmpa.com/smmpa2.0 Southern Minnesota Municipal Power Agency Your Partner for a Bright Energy Future MM MORA MUNICIPAL UTILITIES Introducing SMMPA2.0 For over 40 years, Southern Minnesota Municipal Power Agency (SMMPA) has fulfilled its mission of safely providing Mora Municipal Utilities with reliable and affordable wholesale electric service in an environmentally responsible manner. While holding fast to that mission, changing times call for bold action and we are laying the groundwork for a reimagined SMMPA which includes the following initiatives: Retiring our coal generation after 2030, replacing it primarily with wind and solar Planning to be at least 80% carbon-free and reduce carbon emissions nearly 90% compared to 2005 levels in 2030 Building on successful energy efficiency programs Deploying an electric vehicle charging network connecting member communities Supporting economic development in member communities Maintaining competitive rates and striving to hold increases to at or below CPI This is SMMPA 2.0 and Mora Municipal Utilities is a key partner in this transformation. Learn more at www.smmpa.com/smmpa2.0 Southern Minnesota Municipal Power Agency Your Partner for a Bright Energy Future MM MORA MUNICIPAL UTILITIES

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