Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 70

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 70
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 to be wrong. Such projections and forecasts can be adversely affected by inaccurate assumptions or by known or unknown risks and uncertainties, many of which are beyond American Water’s and
Essential’s control. Many factors discussed in, or in documents incorporated by reference into, this joint proxy statement/prospectus, including the risks outlined in this “Risk Factors” section beginning on page 35 and
the events or circumstances described under “Cautionary Note Regarding Forward-Looking Statements” beginning on page 33, will be important in determining American Water’s, Essential’s and the combined
company’s future results. As a result of these contingencies, actual future results may vary materially from American Water’s and Essential’s projections and forecasts.

In view of these uncertainties, the inclusion of American Water’s and Essential’s projections and financial forecasts in this joint proxy
statement/prospectus is not and should not be viewed as a representation that the projected or forecast results will be achieved. Further, any forward-looking statement speaks only as of the date on which it is made, and American Water and Essential
undertake no obligation, other than as required by applicable law, to update the financial projections and forecasts herein to reflect events or circumstances after the date those financial projections and forecasts were prepared or to reflect the
occurrence of anticipated or unanticipated events or circumstances. The unaudited prospective financial information included in this joint proxy statement/prospectus has been prepared by, and is the responsibility of, American Water’s
management. PricewaterhouseCoopers LLP has not audited, reviewed, examined, compiled, or applied agreed-upon procedures with respect to such unaudited prospective financial information, and, accordingly, PricewaterhouseCoopers LLP does not express
an opinion or any other form of assurance with respect thereto. The PricewaterhouseCoopers LLP reports incorporated by reference in this joint proxy statement/prospectus relate to American Water’s and Essential’s previously issued
financial statements. Such reports do not extend to the unaudited prospective financial information and should not be read to do so.

In addition, the
unaudited pro forma condensed combined financial information was prepared using the acquisition method of accounting in accordance with GAAP with the expectation, as of the date of this joint proxy statement/prospectus, that American Water will be
identified as the acquirer. The unaudited pro forma condensed combined financial information was prepared on the basis that such preliminary estimated adjustments will be incurred to achieve the merger, are pending finalization