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Chesapeake Utilities Corporation Named Best in the United States for Corporate Governance for the Third Time

1. Chesapeake Utilities received Best for Corporate Governance award in the U.S. 2. This is the third award won for corporate governance excellence. 3. Recognition emphasizes commitment to safety, operational excellence, and stakeholder value. 4. Outstanding governance fosters trust and collaboration within the organization. 5. Award aligns CPK with internationally recognized companies demonstrating strong governance.

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FAQ

Why Bullish?

Strong corporate governance is positively perceived by investors, enhancing stock attractiveness. Historical trends show companies with similar recognitions typically see stock price appreciation.

How important is it?

Awards in governance reflect positively on management efficacy and corporate health, likely impacting market perception of CPK.

Why Long Term?

Sustained recognition can improve investor confidence and company reputation, leading to long-term growth of CPK's stock.

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, /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) is proud to announce that it has been named Best for Corporate Governance in the United States by World News Media Ltd.'s World Finance, an international publication. This recognition celebrates Chesapeake Utilities Corporation's steadfast commitment to fostering a values-driven culture, upholding accountability at all levels and embracing a strategic approach that promotes safety, operational excellence and affordability while enhancing long-term stakeholder value. This year's recognition marks the third time Chesapeake Utilities Corporation has been named Best for Corporate Governance, and the second consecutive year receiving the accolade. Excellence in corporate governance is central to Chesapeake Utilities' mission to deliver energy that makes life better for the people and communities served. At its core, governance is about trust – earning it, fortifying it and building systems that empower individuals to ensure it lasts. It is embedded in how the Company listens, leads and makes decisions that affect Chesapeake Utilities stakeholders. Other companies earning accolades include Adidas in Germany, TotalEnergies in France, ASML Holding in the Netherlands and additional distinguished companies across the globe. "This recognition reflects the care, discipline and values of our leaders – from our Board of Directors and employees across every function and region," said Jeff Householder, chair of the board, president and chief executive officer of Chesapeake Utilities Corporation. "This framework for action shows up in the decisions we make, the standards to which we hold ourselves, the way we treat one another and our commitment to our stakeholders." "In an environment where trust is at the core of who we are and what we do, Chesapeake Utilities Corporation has shown how governance can foster unity across the organization," shared Jim Moriarty, Executive Vice President, General Counsel, Corporate Secretary and Chief Policy and Risk Officer. "Our team works every day to ensure our actions reflect our values. We make decisions that are rooted in our strong governance principles. Congratulations to the corporate governance team in receiving this recognition alongside leading companies worldwide." About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. For more information, visit www.chpk.com. Media Alexander NyeDirector, Strategic Communications727.754.0136[email protected] Investors Lucia M. DempseyHead of Investor Relations347.804.9067[email protected]  SOURCE Chesapeake Utilities Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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