Third Quarter 2024 Results Presentation November 4, 2024 Forward Looking Statements 2 The information in this presentation highlights the key growth strategies, projections and certain assumptions for the company and its subsidiaries. Many of these highlighted statements and other statements not historical in nature are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations are based on reasonable assumptions ...

La Confluence, Namur, Belgium built with Elevate RubberGardTM EPDM roofing membrane HALF-YEAR 2024 RESULTS RECORD PROFITABLE GROWTH MILJAN GUTOVIC – CEO | STEFFEN KINDLER – CFO JULY 26, 2024 01. HIGHLIGHTS AND KEY DEVELOPMENTS MILJAN GUTOVIC | CEO Wood Wharf, London, UK built with ECOPact with construction demolition materials inside 3 H1 2024 HIGHLIGHTS RECORD PROFITABLE GROWTH | --- | --- | |------------------------------------------------------------------------------------------------|------------------ ...

Financial Data and Key Metrics Changes - EBITDA grew by 32%, reflecting strong commercial and growth strategies, with a leverage ratio now at 2.16 times, a reduction of almost one-third of a turn [3][4][30] - Year-to-date free cash flow after maintenance CapEx reached almost $700 million, significantly higher than the previous year [68] Business Line Data and Key Metrics Changes - Mexican operations reported a 10% increase in cement volumes, with EBITDA growing by more than 30% [19][20] - US operations saw EBITDA grow by 36%, driven by pricing strategy and decelerating costs, despite a decline in cement and ready-mix volumes [21][39] - EMEA region's EBITDA rose by 17%, with margins increasing to a record high of 17.3% despite double-digit volume declines [23][24] - South Central America and Caribbean region saw net sales and EBITDA rise by 11% and 18%, respectively, driven by prices and slowing energy inflation [28][29] Market Data and Key Metrics Changes - Cement prices across all regions maintained strong momentum, rising between 9% and 14%, although consolidated prices declined by 1% sequentially due to competitive pressures in the Philippines [7][12][128] - In Europe, cement prices increased by 21% year-over-year, while ready-mix and aggregate prices also showed significant growth [45][128] Company Strategy and Development Direction - The company is focused on a growth investment strategy, with a commitment to sustainability and reducing carbon emissions, achieving a 12% reduction in Scope 1 emissions [10][17][125] - The company plans to allocate capital towards dividends and growth investments once it achieves investment grade status [118][130] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the pricing strategy to cope with input cost inflation, expecting a more refined cost backdrop moving forward [54][116] - Despite softer volume outlooks in several markets, management remains optimistic about medium-term prospects due to fiscal stimulus and infrastructure projects [26][78] Other Important Information - The company has executed transactions to streamline its debt maturity profile, including a $1 billion term loan and a $2 billion committed revolving credit facility [33][35] - The company is involved in seven CO2 capture and storage projects, with four at an industrial level, aiming for significant reductions in CO2 emissions by 2030 [112][125] Q&A Session All Questions and Answers Question: Outlook for US volumes in residential, commercial, and infrastructure for next year - Management noted that while there are challenges in commercial and housing sectors, fiscal stimulus and low inventory levels could support volume recovery in 2024 [78][79] Question: Will the company continue to match debt with operating currencies? - The company plans to continue accessing local markets for funding, leveraging favorable conditions to reduce exposure under its bank facility [90][106] Question: How many CCUS projects is CEMEX involved in? - The company is involved in four industrial-level CO2 capture projects in the US and Europe, with plans to achieve a 47% reduction in CO2 generation per ton of cement by 2030 [111][112][125] Question: What level of margins would trigger a halt in sequential price increases? - Management clarified that pricing strategy is focused on recovering input cost inflation rather than being strictly defined by margin levels [62][116] Question: What are the main strategies for capital allocation for 2024? - The company plans to allocate capital towards dividends and growth investments, with a focus on maintaining a disciplined leverage ratio [118][130]

As filed with the Securities and Exchange Commission on September 26, 2023. Registration No. 333- (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Knife River Corporation (Exact name of Registrant as specified in its charter) (State or other Jurisdiction of Incorporation or Organization) Delaware 1400 92- ...