CEO Glenn Zerbe Named to Twin Cities Business TCB100 List

NEW ULM, Minn., December 4, 2024 – Nuvera Communications, Inc., a diversified communications company, announced President and CEO, Glenn Zerbe is being recognized by the Twin Cities Business (TCB) magazine and named on its list of “100 People to Know in 2025.“

Every year, the editors of Twin Cities Business make a list of 100 people in Minnesota business likely to make news and drive change in the year ahead. The TCB 100 list for 2025 includes CEOs, founders, philanthropists, educators, and innovators from across the state in many industries.

“I’m honored to part of the 2025 Twin Cities Business 100. At Nuvera, we bring connections to life for families and businesses across southern Minnesota. In 2025, we close in on the finish line for the largest infrastructure project in our 120-year company history, connecting every community we serve to fiber and expanding into new areas,” said Glenn Zerbe, President and CEO at Nuvera.
“This transformational moment isn’t just about building a strong future for our Minnesota company; it’s about connecting main streets and hometowns across the state to economic opportunity and quality of life for another generation.”

Zerbe joined Nuvera as President and CEO in 2019. He led the company through the unprecedented spike in demand for connectivity during the pandemic. In 2021, Nuvera announced the largest infrastructure project in company history, the Nuvera Gig Cities Project. The project is now in its third year building out Nuvera’s fiber network and connecting homes and businesses throughout southern Minnesota.

To learn more about Nuvera about go to Nuvera.net

About Nuvera

Nuvera Communications is a leading Minnesota broadband provider headquartered in New Ulm, Minnesota. Nuvera’s state-the-art fiber network provides reliable and affordable residential internet service through both fiber-to-the neighborhood and newly expanding Gig-speed fiber-to-the-home services. Nuvera also provides business services including fiber internet, voice, hosting and managed services.

Nuvera serves residents and businesses in New Ulm, Arlington, Dassel, Glencoe, Goodhue, Hector, Hutchinson, Litchfield, Prior Lake, Redwood Falls, Elko New Market, Savage, Sleepy Eye, Springfield and surrounding communities. Nuvera also serves customers in Aurelia, Iowa.

Nuvera’s Gig Cities project is currently expanding fiber service to new communities including Belle Plaine, Cokato, Shakopee and Olivia. For a map of all the communities Nuvera serves go to Nuvera.net.

Nuvera is a Fiber Minnesota partner which cooperatively enables connectivity for multi- location business customer locations, wireless towers and network connectivity to major internet connection transport points. Nuvera Communications, Inc., is a publicly held corporation. For more information about Nuvera or to purchase stock, visit Nuvera’s investor page on Nuvera.net.

Forward Looking Statements

From time to time, in reports filed with, or furnished to the United States Securities and Exchange Commission, in press releases, and in other communications to shareholders or the investing public, we may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans. These statements generally are identified by the words “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “may,” “will,” “would,” “seeks,” “targets,” “continues,” “should,” “will be,” “will continue,” or similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of Nuvera and its subsidiaries to be different from those expressed or implied in the forward-looking statements.

For these forward-looking statements, we claim the protection of the safe harbor for forward-looking statements contained in the federal securities laws. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties that could affect our actual results and cause actual results to differ materially from those indicated in the forward-looking statements.

These risks and uncertainties may include, but are not limited to:

• our decision to actively build and deploy the largest infrastructure project in our company history through the Nuvera Gig CitiesTM project construction that we first announced in December 2021;
• our ability to attract and retain customers in our service areas, including the areas serviced by our fiber initiative;
• our ability to finance the deployment of our ongoing infrastructure project and meet our liquidity and capital needs;
• our ability to declare cash dividends in the near-future in light of our commitment to actively build and deploy our largest infrastructure project and support;
• our current debt structure may change due to increases in interest rates or our ability to comply with lender loan covenants or any decision we may make to seek additional debt capital;
• elimination of, or changes in the structure or level of, federal or state governmental network support we receive;
• unfavorable general economic conditions that could negatively affect our operating results;
• possible customer payment defaults:
• possible future substantial regulatory change and increased competition;
• our possible pursuit of acquisitions could be expensive or unsuccessful;
• we may not accurately predict technological trends or the success of new products
• a failure in our operational systems or infrastructure could affect our operations;
• data security breaches to us or our customers; and
• possible replacement or turnover of management or key personnel.