Dividend Growth and Regulatory Update slide image

Dividend Growth and Regulatory Update

SJW Group The Infrastructure Replacement Era Opportunity for well-managed, customer-centric, investor-owned water and wastewater American Society of Civil Engineers 2021 Report Card for America's Infrastructure Water . 50,000 water systems • 2.2 million miles of underground pipe • 27% increase in water main breaks between 2012 and 2018 (250,000 to 300,000 estimated breaks per year or a break every two minutes) • 85% of population served by municipalities • EPA Drinking Water State Revolving Fund Appropriations level in 2019 and declined in 2020 Wastewater • 16,000 publicly owned sewer systems · ⚫ EPA Clean Water State Revolving Fund Appropriations level in 2019 and declined in 2020 and 2021 • ⚫ EPA estimates 850 billion gallons of treated sewage discharged into our waterways annually Source: American Society of Civil Engineers, 2021 Infrastructure Report Card 4 Drinking Water Wastewater C- D+ 29
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