California Updates & ESG Initiatives
Acquisition Growth and Opportunities
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2010-2023 customer growth
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25+ acquisitions by SJW Group and subsidiaries
72% customer growth: ~170,000 connections
Transformational growth with CTWS acquisition in 2019
Recent acquisitions
⚫ KT Water Development: 570 service connections in Comal County, TX
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KT Water Resources: water wholesaler with significant water supply in
Comal County, TX
Connection growth in Texas quadrupled between
2006 and 2023 to more than 28,000 water and 950
wastewater connections
Opportunities
More than 52,000 community water systems nationwide
More than 16,000 publicly owned wastewater systems nationwide
Very Small, Small and Medium-Sized
Community Water Systems
in CA, CT, ME and TX
4,388
Very Small Systems
Population Served
Very Small = 25 - 300
Small 301 3,300
Medium = 3,301 -10,000
2,196
Small Systems
982
Medium
Systems
SJW Group
9
Sources: Company filings, EPA Drinking Water Dashboard, Cybersecurity and Infrastructure Security Agency's Water and Wastewater Systems SectorView entire presentation