Commitment to ESG

SJWC Rate Cases/Regulatory 2022 2024 Rate Case - Pending before the CPUC SJJJ SAN JOSE WATER SJW Group • Requesting $88 million increase in revenues over 3 years • Requesting authorization of $435 million 3-year capital budget • Requesting $18.5 million from balancing and memorandum accounts • • Settlement agreement between SJW and PAO filed in January Interim rates in place on January 1, 2022 New rates, if approved, expected to be effective 2Q 2022 and retroactive to January 1 Cost of Capital Filing Pending before the CPUC • Requesting increases in revenue and ROE to 10.3% . Requesting adjustment to capital structure of 55% equity and 45% debt • Proposed decrease in average cost of debt to 5.48% • Decision expected in 3Q 2022 Constructive rate case settlement agreement benefiting customers and SJW Recognizes need for continued investment via $350 million 3-year capital program Further aligns authorized and actual consumption Greater revenue recovery in the fixed charge 16

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