California Updates & ESG Initiatives

2023 Diluted EPS Bridge Change in EPS ($): YTD 2023 - YTD 2022 $2.43 $0.09 $0.01 $0.11 $0.14 $0.14 $1.30 $(0.93) $(0.23) $2.68 $(0.17) $(0.11) $(0.10) YTD 2022 Revenue Increases Income Tax Reserve Release Lower Maintenance & Oll Costs Customer growth Higher usage, net Other Water Supply Costs & Mix Interest Expense Prior Year Gain on Sale Depreciation and Amortization Allowance for Customer Credit Losses YTD 2023 SJW Group 38

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