Company: AWK
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001193125-25-332292
Chunk: 42

Company: American Water Works Company, Inc.
Filing Date: 2025-12-29
Form: S-4/A
Chunk 42
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Chair with respect to the American Water board (Karl F. Kurz, or the individual serving in such position immediately prior to the effective time) will continue to serve in such position following the effective time. The current Chief Executive
Officer of Essential (Christopher H. Franklin, or the individual serving in such position immediately prior to the effective time) will serve as Executive Vice Chair of the American Water board for a period of two years following the effective time.
For additional information regarding the terms of Mr. Franklin’s go-forward employment with American Water, see “The Merger—Interests of Directors and Executive Officers in the Merger—Interests of Essential Directors and Executive Officers in the Merger—New Management Arrangements” beginning on page 109. The President and Chief Executive Officer of American Water (John C. Griffith, or the
individual serving in such position immediately prior to the effective time) will continue to serve in such position following the effective time.

For more information, see “The Merger—Governance of American Water After the Merger” beginning on page 103.

Interests of Directors and Executive Officers in the Merger

Interests of the American Water Directors and Executive Officers in the Merger

American Water shareholders should be aware that American Water’s current directors and executive officers have interests in the merger that may be
different from, or in addition to, those of American Water shareholders generally. The American Water board was aware of these interests and considered them, among other matters, in approving the merger agreement and making its recommendation that
the American Water shareholders vote “FOR” each of the share issuance proposal and the American Water adjournment proposal. See “The Merger—Interests of Directors and Executive Officers in the Merger”
beginning on page 104.

Under the terms of the merger agreement, all of the directors of American Water immediately prior to the effective time will
continue to serve as directors of American Water after the effective time, subject to their willingness to serve. Additionally, it is expected that each of the executive officers of American Water immediately prior to the effective time will, after
the effective time, continue to serve in the same or similar positions until the earlier of such individual’s resignation or removal. See “The Merger—Governance of American Water After the Merger” beginning on
page 103.

None of American Water’s directors or executive officers are party to or participates in any plan, program, or arrangement that
provides such director or executive officer with any