Investor Presentaiton

Details of First Quarter 2023 EPS $0.87 0.31 AMERICAN WATER (0.11) (0.06) (0.04) $0.91 (0.04) (0.02) Q1 2022 Revenue O&M Depreciation LT Financing* ST Debt Financing Other, net Q1 2023 ~75% of inflationary costs incl. in revenue from recent rate cases Investment Growth *Reflects $(0.02) per share of share count dilution. Also reflects impact of avoided interest from equity financing of $0.02 per share. 21 Case No. 2022-00432 Bluegrass Water's Response to PSC 3-25 Exhibit PSC 3-25(b) - Part 1 of 2 Page 21 of 39

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