Commitment to ESG
SJW Group
Key Investment Highlights
Growth Capital and
Customers
Geographic and
Regulatory Diversity
Commitment to ESG
Strong Dividend
Track Record
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Robust 5-year capital investment plan of $1.3B in water/wastewater infrastructure, subject to regulatory
approval
Texas operation more than tripled in size between 2006 and 2021
Closed on Kendall West and Bandera East utilities in 4Q 2021, and Texas Country Water in 1Q 2022
Regulatory lag is minimized by forward test year in CA and infrastructure replacement surcharge
mechanisms in CT, ME and TX
Going forward, will attempt to stagger rate filings for SJW's large utilities and target filings every 3-4
years
Weather diversity
Reducing carbon emissions - Science-based target to reduce Scope 1 and 2 carbon emissions 50% by
2030
Fostering environmental stewardship - 100% environmental compliance and 15% non-revenue water target
Leading ISS ESG ratings — ISS Environmental (5), Social (3), Governance (1)
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• Supporting supplier responsibility - Adopted vendor code of conduct, recognized excellence in supplier
diversity, and committed to Diversity, Equity and Inclusion
Industry-leading dividend growth, exceeding 10% over the past 5 years
78 consecutive years paying a dividend
Increased 54 consecutive years
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