California Water Service Group (CWT) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 20, 2026, with voting on director elections, executive compensation, and auditor ratification.

• Record $517 million invested in infrastructure in 2025, driving an 11.5% CAGR in rate base since 2018.

• 2025 financial results aligned with expectations despite inflation and regulatory delays; long-term value driven by infrastructure investment and regulatory frameworks.

• Company recognized for climate leadership, workplace excellence, and community engagement.

Voting matters and shareholder proposals

• Shareholders to vote on election of eleven directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as independent auditor for 2026.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 11 nominees, 10 of whom are independent; all committees are fully independent.

• Board diversity includes gender, race, and tenure; average tenure is 8.8 years.

• Lead Independent Director role with defined responsibilities; regular executive sessions and annual board self-evaluations.

• No dual-class stock, annual director elections, majority voting, and 10% threshold for special meetings.

• Stock ownership guidelines for directors and executives; anti-hedging and anti-pledging policies in place.