Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 117

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 117
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 financial information also does not take into account the merger, including any costs incurred in connection with the merger, or any changes to the combined company’s operations or strategy
that may be implemented after the effective time.

As a result, none of American Water, Essential, or their respective affiliates, directors, officers,
employees, or other representatives can provide any assurance or has made or is making any representation to anyone that the results reflected in the unaudited prospective financial information will be achieved or that actual results will not differ
materially, and none of them undertake any obligation to update or otherwise revise or reconcile the unaudited prospective financial information to reflect circumstances existing after the applicable date the unaudited prospective financial
information was prepared or to reflect the occurrence of future events, even to the extent any or all of the underlying estimates, variables, and assumptions prove to be different. The unaudited prospective financial information covers multiple
years, and such information by its nature becomes less predictive with each successive year. As a result of the foregoing, and because the American Water special meeting and the Essential special meeting will be held months after the unaudited
prospective financial information was prepared, shareholders are cautioned not to place undue reliance on the unaudited prospective financial information.

This unaudited prospective financial information was not prepared with a view toward public disclosure, or compliance with published guidelines of the SEC,
the guidelines established by the American Institute of Certified Public Accountants for preparation or presentation of prospective financial information, or GAAP. The unaudited prospective financial information is included in this joint proxy
statement/prospectus solely to give shareholders access to summaries of the information provided to each company’s financial advisor and board of directors for purposes of considering and evaluating the merger and the merger agreement. This
unaudited prospective financial information is not included to influence shareholders with respect to any voting or investment decision regarding the merger, and it is not, and should not be viewed as, public guidance or targets.

The unaudited prospective financial information of American Water and Essential included in the registration statement on Form S-4, of which this joint proxy
statement/prospectus forms a part, has been prepared by, and is the responsibility of, American Water management and Essential management, respectively.

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PricewaterhouseCoopers LLP has not audited, reviewed, examined, compiled, or applied agreed-upon procedures with respect to, any of the accompanying unaudited prospective financial information and, accordingly, PricewaterhouseCoopers LLP does not