SJW Group Dividend Growth and Capital Expenditure Plan slide image

SJW Group Dividend Growth and Capital Expenditure Plan

SJW Group SJW Group at a Glance: Pure-Play Water Regulated Water/Wastewater San Jose Water • 231,000 service connections • Growth supported infrastructure replacement • Connecticut Water 105,000 water and 3,000 wastewater service connections Timely recovery of pipeline replacement through WICA,* WRAM** • Maine Water 35,000 service connections "Best in Class" infrastructure replacement mechanism through WISC* . . SJWTX ⚫ 25,000 service connections in Texas Infrastructure replacement mechanism, Fair Market Value and filed rate doctrine for acquisitions Historic test year • Forward test year Historic test year Historic test year Nonregulated SJW Land: Tax-advantaged, income-producing properties for future disposition as capital needs warrant; currently unlevered *WICA is the Water Infrastructure and Conservation Adjustment and WISC is the Water Infrastructure Charge **WRAM is the Water Revenue Adjustment Mechanism 29
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