Growing Opportunities and Financial Overview

Investment in Rate Base is the Foundation of Our Growth ($ in billions) ≈7-8%* Rate base CAGR Estimated Rate Base** AMERICAN WATER As of 12/31/2020 $20.1 Net Utility Plant $15.0 Less $13.7 Advances for Construction $0.3 $12.5 $11.7 $10.7 CIAC Contributions in Aid of Construction $1.4 $10.0 Net Deferred income taxes $3.4 $5.1 2015 2016 2017 2018 2019 2020 2025 Total Estimated Rate Base $15.0 *Anchored off 2020 **An approximation of rate base, which includes Net Utility Plant not yet included in rate base pending rate case filings/out comes. Amounts may not sum due to rounding 34

View entire presentation