AWK Growth Outlook and Military Services Strategic Value

Strong and Sustainable Growth Outlook for Future اشا AMERICAN WATER Rate Base Growth Affirmed Target Targeting 8-9% rate base growth in our 2022-2031 plan Earnings Growth Affirmed Target Targeting 7-9% EPS growth in our 2022- 2026 plan and beyond Dividend Growth Affirmed Target Targeting high end of 7-10% dividend growth* in our 2022-2026 plan ESG Leadership and ESG Opportunities Adds to TSR Exceptional 185% Total Shareholder Return over last 5 years** * ** Future dividends are subject to approval of the American Water Board of Directors. As of 12/31/21 end date. Source: FactSet. ESG ESG™ at AWK 16

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