American Water Works : 2022 First Quarter Earnings Call Presentation

2022 First Quarter Earnings Conference Call

Aaron Musgrave

Senior Director, Investor Relations

Forward-Looking Statements

Safe Harbor

This presentation includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. They are not guarantees or assurances of any outcomes, financial results, levels of activity, performance or achievements, and readers are cautioned not to place undue reliance upon them. The forward-looking statements are subject to a number of estimates and assumptions, and known and unknown risks, uncertainties and other factors. Actual results may differ materially from those discussed in the forward-looking statements included in this presentation. The factors that could cause actual results to differ are discussed in the Appendix to this presentation, and in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, as filed with the SEC on April 27, 2022.

Susan Hardwick

President, Chief Executive Officer and Chief Financial Officer

Executing the Plan

• • Achieved 19% EPS growth vs. Q1 2021 driven by higher revenue on increased infrastructure investment

• • Invested $437 million of capital in regulated infrastructure improvements and acquisitions

• • Executed on our regulatory, rate case, and growth strategies, including cases filed in New Jersey, Illinois

• • ESG leadership and transparency continues - 2nd annual ID&E report and ESG Data Summary to be published in May

• • Raised dividend for 14th consecutive year in April; up nearly 9%

• • Managed inflationary pressures well across the business as focus on affordability continues

Q1/YTD Highlights