Company: AWK
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-064607
Chunk: 75

Company: American Water Works Company, Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 75
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 determined by the following formula for our NEOs hired or rehired on or after

January 1, 2006, namely Mses. Hardwick, and Mitchell, and Messrs. Bowler and Griffith:

| · |     | the sum of: |

| § |     | 100 percent of a participant’s voluntary deferrals for the year, up to a maximum of three percent of the sum of the participant’s base salary and APP payout; and |

| 54 |     | AMERICAN WATER | 2025 PROXY STATEMENT |

| § |     | 50 percent of a participant’s voluntary deferrals for the year, up to a maximum of the next two percent of the sum of the participant’s base salary and APP payout, less |

| · |     | the maximum amount of matching contributions that the participant is eligible to receive under the Savings Plan for the year. |

In addition, we make annual contributions for our NEOs hired or rehired on or after January 1, 2006, equal to the sum of:

| · |     | 5.25 percent of the NEO’s base salary in excess of the dollar limitation in effect under Section 401(a)(17) of the Code with respect to the year; and |

| · |     | 5.25 percent of the NEO’s APP payout. |

For our NEOs hired before January 1, 2006, namely, Ms. Norton, the matching contribution formula is:

| · |     | 50 percent of a participant’s base salary deferrals for the year, up to a maximum of five percent of the participant’s base salary, less |

| · |     | the maximum amount of matching contributions that the participant is eligible to receive under the Savings Plan for the year. |

NEOs hired before January 1, 2006, are not eligible to receive the 5.25 percent annual contributions described above. A participant’s deferred compensation accounts are credited with returns in accordance with the deemed investment options, consistent with those offered under the Savings Plan, as elected by the participant from time to time at the participant’s discretion. For 2024, these deemed investment options experienced annual rates of returns of between 1.26 percent and 31.08 percent. Participants are immediately vested in all contributions to the Employee Deferred Compensation Plan, except for our 5.25 percent annual contributions, which vest, unless otherwise determined by the ED&CC, at the earliest of:

| · |     |