California Water Service Group (CWT) Investor presentation summary

Company overview and history

• Celebrating 100 years of service, now serving over 2 million people across five states, with a legacy of operational ingenuity and regulatory integrity.

• Largest regulated water utility in the Western U.S., with 500,000 connections in California and significant presence in Hawaii, Washington, New Mexico, and Texas.

• Extensive experience in maintaining and operating water and wastewater infrastructure, including 7,900 miles of water main and over 1,100 groundwater wells.

Financial strength and stability

• 2025 revenue projected at $1.0B, market cap at $2.7B, and $600M in credit facilities.

• Maintains an A+/stable global credit rating from S&P Global and AA- rating for First Mortgage Bonds.

• Publicly traded, files audited annual statements with the SEC, and complies with Sarbanes-Oxley.

Strategic framework and values

• Focus on affordable, excellent service, continuous improvement, and technology as an enabler.

• Emphasizes sustainability, community impact, and enhanced stockholder value through responsible growth and risk management.

• Prioritizes diversity, inclusion, employee engagement, and public health and safety.