Credit Investor Presentation

Summary of UUW's AMP7 final determination A balanced settlement overall +1.5% -1.8% 13.8% real reduction in average bills £5.8bn Opportunities represented by ODIS £ totex allowance Delivering for the environment Targeting 20% reduction in pollution 15% reduction in leakage Increasing resilience through Haweswater Aqueduct Resilience Programme (HARP) 110km long I UUG dividend maintained with CPIH growth A purpose led company, recognising the needs of all of our stakeholders United Utilities • Credit Investor presentation • 25

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