Company: AWK
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001193125-25-332292
Chunk: 23

Company: American Water Works Company, Inc.
Filing Date: 2025-12-29
Form: S-4/A
Chunk 23
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 the merger agreement proposal, the merger-related compensation proposal, and the Essential adjournment proposal be submitted to the Essential shareholders for approval at the Essential special meeting. The Essential board 
 unanimously recommends that Essential shareholders vote “FOR” the merger agreement proposal, “FOR” the merger-related compensation proposal, and “FOR” the Essential adjournment proposal. For a                                                  
 discussion of the factors considered by the Essential board in reaching its decision, see “The Merger—Essential Board’s Recommendations and Its Reasons for the Merger” beginning on page 70.                                                     |

11

| Q: | Do the Essential directors and executive officers have any interests in the merger? |

| A: | Yes. In connection with the completion of the merger, Essential’s directors and executive officers may                                                                                                                                                    
 have interests in the merger that are different from, or in addition to, those of the shareholders of Essential generally. The Essential board was aware of these interests and considered them, among other things, in reaching its decision to approve, 
 adopt, and declare advisable the merger agreement. These interests are described in more detail in “The Merger—Interests of Directors and Executive Officers in the Merger—Interests of Essential Directors and Executive                                 
 Officers in the Merger” beginning on page 105.                                                                                                                                                                                                            |

| Q: | What constitutes a quorum at the Essential special meeting? |

| A: | The Essential bylaws provide that a quorum at the Essential special meeting is the presence, in person or                                                                                                                                                
 represented by proxy, of shareholders entitled to cast a majority of the votes which all shareholders are entitled to cast at the Essential special meeting. The Essential special meeting will be held virtually, so shareholders of Essential will not 
 be able to attend the Essential special meeting in person. Abstentions and broker non-votes are counted as present and entitled to vote for purposes of determining a quorum at the Essential special meeting.                                           |

| Q: | What vote is required for Essential shareholders to approve the merger agreement proposal? |

| A: | Assuming a quorum is present at the Essential special meeting, approval of the merger agreement proposal                                                                                                                                               
 requires the affirmative vote of a majority of the votes cast by all shareholders entitled to vote on the merger agreement proposal at the Essential special meeting. Only holders of record of Essential common stock at the close of business on the 
 Essential record date will be entitled to vote on the merger agreement proposal. Abstentions and broker non-votes will have no effect in determining the outcome of