VALLEY ELECTRIC ASSOCIATION, INC.CHIEF FINANCIAL OFFICER Valley Electric Association, Inc. (Valley) is a forward?thinking, member?owned electric cooperative headquartered in Pahrump, Nevada, serving more than 6,800 square miles across Nevada and a portion of California. Far from a traditional rural utility, Valley has distinguished itself as an industry innovator by becoming the first out?of?state utility to join the California Independent System Operator (CAISO) and a participating transmission owner since 2013. This milestone reflects the cooperative’s commitment to modern grid integration and strategic regional partnerships. Valley’s unique structure includes three wholly owned subsidiaries