Company: MWA
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001350593-25-000069
Chunk: 18

Company: Mueller Water Products, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 18
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's risk management processes. As a result, our internal control environment has been specifically designed to identify and manage risks and to facilitate communication with the Board. Our internal audit department, which reports to the Audit Committee, administers our enterprise risk assessment and, in coordination with our legal and compliance functions, is responsible for ongoing enterprise risk management assessments. It also regularly reports to the Board and its committees on risk-related issues as a complement to our strategic planning process. Additionally, the Audit Committee oversees the risk associated with the Company’s cybersecurity, artificial intelligence (“AI”) and data privacy programs and practices and consults with management regarding various related initiatives. The Audit Committee is also responsible for reviewing cyber, AI and data security matters, including cybersecurity and AI threat and risk mitigation initiatives. The Audit Committee requests that management report to the Audit Committee and/or the full Board regularly on its assessment not only of cybersecurity, but also of the operational, financial and accounting, competitive, reputational and legal risks to the Company. The Board also considers specific risk topics and receives regular reports from the heads of our principal businesses and corporate functions that include discussion of the risks and exposures inherent in their respective areas of responsibility.

The Board executes its risk oversight function both as a whole and through delegation to its committees (1) , specifically:

| Audit Committee                                                                                                                                                              
 •Oversees risk management related to accounting and financial reporting, the audit process, internal control over financial reporting and disclosure controls and procedures 
 •Oversees the internal audit function                                                                                                                                        
 •Monitors legal and compliance issues and matters                                                                                                                            
 •Reviews risks and risk mitigation initiatives associated with cybersecurity, AI, and data security matters                                                                  |     | Compensation and Human Resources Committee                                                                                 
 •Oversees risk management related to the risks and rewards associated with our compensation policies and practices         
 •Oversees management development and succession planning across senior positions                                           |
| Environment, Health and Safety Committee                                                                                                                                     
 •Oversees risk management related to risks directly related to the environment, health and safety areas                                                                      |     | Nominating and Corporate Governance Committee                                                                              
 •Oversees risk management related to governance structure and processes and risks arising from related person transactions |

(1) The Board dissolved t he Capital Allocation and Operations Committee as of October 1, 2025, and the subject matter addressed by this committee has been and will continue to be overseen by the Board.

#### 30MUELLER WATER PRODUCTS, INC.
ELECTION OF DIRECTORS ENVIRONMENTAL, SOCIAL AND GOVERNANCE We embrace our ESG