Essential Utilities, Inc. · NYSE:WTRG
Essential Utilities — Merger or Acquisition (October 2025)
9 slides from Essential Utilities's merger presentation, Oct 27, 2025
Slide 1: American Water and Essential Utilities to Combine
NYSE: WTRG Confidential October 27, 2025 American Water and Essential Utilities to Combine Advancing our mission to provide safe, clean, reliable and affordable water and wastewater services Employee Town Hall Filed by Essential Utilities, Inc. pursuant to Rule 425 under the Securities Act of 1933 a
Slide 2: Combining Two Complementary Platforms to Expand Market Reach and Unlock Efficiencies
NYSE: WTRG Highly Sensitive and Confidential Proprietary Information – Not for further distribution. Subject to continuing discussion and a nalysis. Represents combined equity market capitalization as of 10/24/2025. Combining Two Complementary Platforms to Expand Market Reach and Unlock Efficiencies
Slide 3: Delivers Expansive Benefits to Key Stakeholders
NYSE: WTRG Delivers Expansive Benefits to Key Stakeholders 3 Increased career growth opportunity for employees • Strengthens position as a top employer of choice; Recognized on the Forbes America’s Best Employers for Company Culture 2025 list • Attracting top talent through reputation and expanded o
Slide 4: Combined Company Will Leverage the Capabilities and Talent of Both Essential and American Water
NYSE: WTRG Combined Company Will Leverage the Capabilities and Talent of Both Essential and American Water 4 Company HQ will Remain in Camden, NJ • Essential’s Bryn Mawr and Pittsburgh offices will each continue to maintain a strong operational presence long term John Griffith will Serve as Presiden
Slide 5: Next Steps
NYSE: WTRG Next Steps 5 Transaction is expected to close by the end of the first quarter of 2027 Essential and American Water will continue to operate as separate, independent companies and conduct business as usual until then Dedicated team with individuals from both companies will work to develop
Slide 6: Questions?
NYSE: WTRG October 27, 2025 Questions?
Slide 7: Thank You
NYSE: WTRG Confidential THANK YOU
Slide 8: Cautionary Statement Regarding Forward-Looking Statements
NYSE: WTRG Cautionary Statement Regarding Forward - Looking Statements 8 Certain statements included in this communication are forward - looking statements within the meaning of Section 27A of the Securi ties Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, an
Slide 9: Important Additional Information about the Proposed Merger and Where to Find It
NYSE: WTRG Important Additional Information about the Proposed Merger and Where to Find It 9 In connection with the proposed merger, American Water will file a registration statement on Form S - 4, which will include a docu ment that serves as a prospectus of American Water with respect to the share
Essential Utilities — Merger or Acquisition (October 2025) on 6ix