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California Updates & ESG Initiatives

Texas Updates Strong developer interest in our service area Outstanding development units (potential connections) increased 47% in 2023 to 22,000 units¹ Serves three of the five fastest-growing counties in the United States² ● >28,000 water connections and 950 wastewater connections Connections quadrupled since 2006 System improvement charge Proposed Order issued February 13 authorizes $1.6 million in annualized revenue, final order expected in 1Q24 Drought conditions improving in portions of service area Management Plan in effect due to drought HIT TEXAS WATER COMPANY Texas had the highest population growth of any U.S. state in the 2020 Census. Texas Water serves the rapidly growing area in the Austin-San Antonio corridor Bandera Medina Travis Gillespie Blanco Austin Kendall Comal Bexar San Antonio Hays Guadalupe Caldwell Gonzales Bas . Service area in state 2, 3 and 4 drought conditions 1 Assumes a build-out of 10 years or longer 2 Source: U.S. Census Bureau population growth in counties with a population of at least 10,000, 2010 - 2019 SJW Group 17
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