Investor Presentaiton

Timely Recovery of Revenues, Expense, and Investment Mechanisms Supports Our Customers 17 New Regulatory Mechanisms Across Our Footprint Since 2010 AMERICAN WATER 3 2 7 7 7 As of 2010 As of 12/31/2019 11 12 7 6 9 6 10 لولايا Infrastructure Revenue Stability Mechanisms Utility Plant Recovery Mechanisms Future Test Years Expense Mechanisms Replacement Surcharges CA CA IL IL F 27 PA TN IA NY KY VA IL NY IN JAN CA HI KY CA NY IA NJ WV NAN NY IL PA IL NY PA TN MD TN IN PA MO VA KY TN VA NJ MO VA Consolidated Tariffs CA MD VA IA MO WV GAN IL NJ IN NY KY PA 16

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