Black Hills CorporationBlack Hills Corp. (NYSE: BKH) is a customer-focused, growth-oriented utility with a tradition of improving life with energy and being the energy partner of choice. Headquartered in Rapid City, South Dakota, it serves 1.28 million natural gas and electricity customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. For more information, see www.blackhillscorp.com. Beware of forward-looking statementsThe press release contains „forward-looking statements” within the meaning of the Securities and Exchange Commission (SEC). We make these forward-looking statements on the basis of port security under the Private Securities Litigation Reform Act of 1995. All statements, with the absence of historical facts contained in this press release, relating to activities, events or developments that we expect, believe or anticipate, or that will occur in the future, are forward-looking statements. These include our ability to obtain FERC approval for the transaction contract and the new acocity contract, the ability to successfully resolve The Nebraska Rate Statement and our 2020 earnings forecast. These forward-looking statements are based on assumptions that we consider reasonable, based on current expectations and forecasts of future events and industry conditions and trends that influence our business. However, the compliance of actual results and developments with our expectations and forecasts depends on a number of risks and uncertainties that could, among other things, to cause actual results to differ materially from the results contained in the forward-looking statements, the risk factors submitted to the SEC in Part 1A of our 2019 Annual Report on Form 10-K, and other reports that we submit to the SEC from time to time. For owners who wish to process an application to have service companies disconnected/deactivated, please complete this form and submit it: Materials produced for these meetings are available on the Black Hills Corp. website under www.blackhillscorp.com under „Investor Relations” prior to meetings.

Under the agreement, Black Hills will continue to supply Wyoming with 60 megawatts of capacity and energy from its wygen I power plant at Cheyenne Light. The new contract will begin on January 1, 2022 and replace the existing aerating contract and will be extended for an 11-year period until December 31, 2032. The prices of the revised energy aerating and capacity contract are about 10% lower than the originally proposed price.

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