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ALLETE recognized for commitment to women in leadership roles

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ALLETE (NYSE:ALE) has achieved notable recognition in the 2024 Minnesota Census of Women in Corporate Leadership, being named an Honor Roll Company of Special Distinction for the sixth consecutive year. The company demonstrates exceptional gender parity with women comprising 50% of both its Board of Directors and executive team.

The annual research by St. Catherine University's School of Business shows ALLETE significantly outperforming the census average, where women represent 30.4% of board directors and 23.1% of executive officers across 73 Minnesota companies. ALLETE was among only six companies qualifying for Special Distinction status, marking its eighth consecutive year on the Honor Roll.

Bethany Owen, ALLETE chair, president and CEO, emphasized the company's long-standing commitment to diverse leadership and inclusive decision-making, highlighting how this approach strengthens their Sustainability-in-Action strategy. The recognition was celebrated at an April 15 event at the Saint Paul RiverCentre, hosted by Twin Cities Business.

ALLETE (NYSE:ALE) ha ottenuto un importante riconoscimento nel Censimento 2024 delle Donne nella Leadership Aziendale del Minnesota, venendo nominata Azienda di Rilievo Speciale per il sesto anno consecutivo. L'azienda dimostra un'eccellente parità di genere, con le donne che rappresentano il 50% sia del Consiglio di Amministrazione che del team esecutivo.

La ricerca annuale della School of Business della St. Catherine University mostra come ALLETE superi significativamente la media del censimento, dove le donne costituiscono il 30,4% dei membri del consiglio e il 23,1% degli dirigenti esecutivi in 73 aziende del Minnesota. ALLETE è stata una delle sole sei aziende a ottenere lo status di Rilievo Speciale, segnando l’ottavo anno consecutivo nella lista d'onore.

Bethany Owen, presidente, CEO e chair di ALLETE, ha sottolineato l’impegno duraturo dell’azienda verso una leadership diversificata e decisioni inclusive, evidenziando come questo approccio rafforzi la loro strategia Sustainability-in-Action. Il riconoscimento è stato celebrato durante un evento il 15 aprile al Saint Paul RiverCentre, organizzato da Twin Cities Business.

ALLETE (NYSE:ALE) ha recibido un reconocimiento destacado en el Censo 2024 de Mujeres en Liderazgo Corporativo de Minnesota, siendo nombrada Empresa de Distinción Especial en la Lista de Honor por sexto año consecutivo. La compañía demuestra una paridad de género excepcional, con mujeres que constituyen el 50% tanto del Consejo de Administración como del equipo ejecutivo.

La investigación anual de la Escuela de Negocios de la Universidad de St. Catherine muestra que ALLETE supera significativamente el promedio del censo, donde las mujeres representan el 30.4% de los directores y el 23.1% de los ejecutivos en 73 empresas de Minnesota. ALLETE fue una de solo seis empresas que calificaron para el estatus de Distinción Especial, marcando su octavo año consecutivo en la Lista de Honor.

Bethany Owen, presidenta, CEO y chair de ALLETE, enfatizó el compromiso duradero de la empresa con un liderazgo diverso y la toma de decisiones inclusiva, destacando cómo este enfoque fortalece su estrategia Sustainability-in-Action. El reconocimiento se celebró en un evento el 15 de abril en el Saint Paul RiverCentre, organizado por Twin Cities Business.

ALLETE (NYSE:ALE)는 2024 미네소타 여성 기업 리더십 인구조사에서 6년 연속 특별 우수 기업 명단에 이름을 올리며 주목받았습니다. 이 회사는 이사회와 경영진 팀 모두에서 여성 비율이 50%로 뛰어난 성별 균형을 보여주고 있습니다.

세인트 캐서린 대학교 경영대학원의 연례 연구에 따르면, ALLETE는 미네소타 73개 기업의 평균 여성 비율인 이사회 30.4%, 경영진 23.1%를 크게 상회합니다. ALLETE는 특별 우수 기업 자격을 갖춘 6개 기업 중 하나로, 8년 연속 명단에 이름을 올렸습니다.

베서니 오웬 ALLETE 회장 겸 CEO는 다양성을 중시하는 리더십과 포용적 의사결정에 대한 회사의 오랜 헌신을 강조하며, 이러한 접근이 Sustainability-in-Action 전략을 강화한다고 밝혔습니다. 이 수상은 4월 15일 세인트 폴 리버센터에서 Twin Cities Business 주최 행사에서 축하되었습니다.

ALLETE (NYSE:ALE) a reçu une reconnaissance notable dans le Recensement 2024 des Femmes en Leadership d’Entreprise du Minnesota, étant nommée Entreprise d’Honneur de Distinction Spéciale pour la sixième année consécutive. L’entreprise démontre une parité exceptionnelle avec 50 % de femmes tant au sein du Conseil d’Administration que de l’équipe de direction.

L’étude annuelle de la School of Business de l’Université St. Catherine montre qu’ALLETE dépasse largement la moyenne du recensement, où les femmes représentent 30,4 % des administrateurs et 23,1 % des cadres dirigeants dans 73 entreprises du Minnesota. ALLETE est l’une des six seules entreprises à obtenir le statut de Distinction Spéciale, marquant sa huitième année consécutive sur la Liste d’Honneur.

Bethany Owen, présidente, CEO et chair d’ALLETE, a souligné l’engagement de longue date de l’entreprise envers un leadership diversifié et une prise de décision inclusive, mettant en avant comment cette approche renforce leur stratégie Sustainability-in-Action. La reconnaissance a été célébrée lors d’un événement le 15 avril au Saint Paul RiverCentre, organisé par Twin Cities Business.

ALLETE (NYSE:ALE) wurde im 2024 Minnesota Census of Women in Corporate Leadership für das sechste Jahr in Folge als Unternehmen mit besonderer Auszeichnung auf der Ehrenliste genannt. Das Unternehmen zeigt eine außergewöhnliche Geschlechterparität, da Frauen 50 % sowohl im Vorstand als auch im Führungsteam ausmachen.

Die jährliche Studie der School of Business der St. Catherine University zeigt, dass ALLETE den Durchschnitt des Censuses deutlich übertrifft, bei dem Frauen 30,4 % der Vorstandsmitglieder und 23,1 % der Führungskräfte in 73 Unternehmen Minnesotas ausmachen. ALLETE war eines von nur sechs Unternehmen, die den Status der besonderen Auszeichnung erhielten, und steht zum achten Mal in Folge auf der Ehrenliste.

Bethany Owen, Vorsitzende, Präsidentin und CEO von ALLETE, betonte das langjährige Engagement des Unternehmens für vielfältige Führung und inklusive Entscheidungsfindung und hob hervor, wie dieser Ansatz ihre Sustainability-in-Action-Strategie stärkt. Die Auszeichnung wurde bei einer Veranstaltung am 15. April im Saint Paul RiverCentre gefeiert, die von Twin Cities Business ausgerichtet wurde.

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DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) has been named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership.

ALLETE was named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership. From left are Katie Sieben, chair of the Minnesota Public Utilities Commission; Nicole Johnson, ALLETE vice president and president ALLETE Clean Energy; Julie Padilla, ALLETE vice president, chief legal officer and corporate secretary; Jennifer Cady, vice president Minnesota Power regulatory legislative affairs; Bethany Owen, ALLETE chair and CEO; Kristin Renskers, assistant business manager, IBEW Local 31; Audrey Partridge, MPUC commissioner; and Tina Koecher, director customer experience operations at Minnesota Power.

ALLETE was named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership. From left are Katie Sieben, chair of the Minnesota Public Utilities Commission; Nicole Johnson, ALLETE vice president and president ALLETE Clean Energy; Julie Padilla, ALLETE vice president, chief legal officer and corporate secretary; Jennifer Cady, vice president Minnesota Power regulatory legislative affairs; Bethany Owen, ALLETE chair and CEO; Kristin Renskers, assistant business manager, IBEW Local 31; Audrey Partridge, MPUC commissioner; and Tina Koecher, director customer experience operations at Minnesota Power.

The annual research report produced by St. Catherine University’s School of Business examines the representation of women on boards of directors and as executive officers in Minnesota’s largest publicly held companies. It is the sixth consecutive year ALLETE has been recognized as a Company of Special Distinction and the eighth consecutive year the company has been on the Honor Roll.

Bethany Owen, ALLETE chair, president and CEO, said the company is honored by the recognition and noted that women have served in senior leadership positions and on ALLETE’s board of directors for decades.

“ALLETE’s talented people are the reason for our success and that’s as true today as it was more than 100 years ago. There’s no doubt that our commitment to including diverse voices and experiences in the decision-making process at all levels makes us stronger,” Owen said. “I am proud that ALLETE has gender parity on our Board of Directors and our executive team, but it’s not just about numbers and percentages. It’s about living our values, creating and strengthening a culture that is equitable and inclusive, lifting up others, and reflecting the communities we serve as we advance our Sustainability-in-Action strategy.”

For 2024, ALLETE was among six companies to qualify for Special Distinction status. Special Distinction is awarded to companies with gender parity on their boards, among executive officers, or both. Five of 10 ALLETE board members are women. Women make up 50% of ALLETE’s executive team.

For the 73 companies included in the 2024 census, the average percentage of women on boards of directors was 30.4% and the average percentage of women executive officers was 23.1%. Honor Roll status is awarded to companies that exceed those averages in either or both categories. Nineteen companies, including ALLETE, qualified for Honor Roll status.

ALLETE and other Honor Roll companies were recognized April 15 at an event at the Saint Paul RiverCentre hosted by Twin Cities Business, which published St. Catherine’s research report in its April/May 2025 issue. Jennifer Cady, vice president Minnesota Power regulatory legislative affairs, accepted the award on behalf of ALLETE.

ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity, headquartered in Annapolis, Maryland; and has an 8% equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com.

ALE-CORP

ALLETE calculates and reports carbon emissions based on the GHG Protocol. Details in ALLETE’s Corporate Sustainability Report.

The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties and investors are directed to the risks discussed in documents filed by ALLETE with the Securities and Exchange Commission.

Amy Rutledge

Director – Corporate Communications

218-723-7400

arutledge@allete.com

Source: ALLETE, Inc.

FAQ

What percentage of women are on ALLETE's (ALE) board and executive team in 2024?

ALLETE has achieved 50% women representation on both its Board of Directors (5 out of 10 members) and executive team.

How does ALLETE's (ALE) women leadership compare to other Minnesota companies in 2024?

ALLETE significantly exceeds the Minnesota average of 30.4% women on boards and 23.1% women executive officers among 73 companies surveyed.

How many consecutive years has ALLETE (ALE) been recognized as a Company of Special Distinction?

ALLETE has been recognized as a Company of Special Distinction for six consecutive years and has been on the Honor Roll for eight consecutive years.

What criteria earned ALLETE (ALE) the Special Distinction status in 2024?

ALLETE earned Special Distinction status by achieving gender parity (50%) on both their board of directors and executive team, being one of only six companies to qualify.

When and where was ALLETE (ALE) recognized for its women leadership achievements in 2024?

ALLETE was recognized on April 15 at an event at the Saint Paul RiverCentre, hosted by Twin Cities Business.
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