2019 Investor Day

- - AMERICAN WATER Wastewater Services For Our Customers Our Investments Ensure Safe, Reliable, Affordable Water & 2020 - 2024 Average Regulated Capital Expenditures by Purpose Regulated Capital Investment by year $ in billions 4% 6% $1-$2 $0.6-$1.2 8% $0.1 - $0.2 8% 66% $0.1 — $0.2 $0.1 - $0.2 $0.1 - $0.2 $0.1 - $0.2 $10 - $11 $8.2 8% $1.8 $1.7 $1.6 $1.6 $1.5 Infrastructure Renewal Resiliency Water Quality System Expansion Other Operational Efficiency, Technology & Innovation 2020 2021 Base Capital Investment 2022 2023 2024 Acquisition Capital Investment 2020-2024 2025 - 2029 25

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