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Investor Presentaiton

Financial Results: First Quarter 2023 (Amounts are in millions, except for EPS) Q1 2022 Q1 2023 Variance Operating Revenue $173.0 $131.1 (24.2%) Operating Expenses $163.9 $148.6 (9.3%) Net Interest Expense $10.9 $12.0 10.1% Net Income (Loss) Attributable $1.1 ($22.2) to CWT Diluted EPS (LPS) $0.02 ($0.40) Capital Investments $68.5 $82.0 19.7% CALIFORNIA WATER SERVICE GROUP INVESTING FOR LIFE INVESTOR 5 RELATIONS
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