Tri-State Generation and Transmission Association Inc.

05/07/2024 | Press release | Distributed by Public on 05/07/2024 08:08

Management Change/Compensation - Form 8-K

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 1, 2024, we received notification from our member, Northwest Rural Public Power District ("NRPPD"), that NRPPD has elected to withdraw its membership representation on our Board of Directors. NRPPD voluntarily waived or declined its representation on our Board of Directors, as provided in our Bylaws, through its communication to "resign" from our Board of Directors. Accordingly, effective as of May 1, 2024, NRPPD withdrew its representative, Lucas Bear, from our Board of Directors. To our knowledge, this is not due to any disagreement that Mr. Bear has with us. However, NRPPD is disputing our position that their wholesale electric service contract with us remains in effect and NRPPD remains a Class A member of us.