Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 162

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 162
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 in any plan, program, or arrangement that provides such director or executive officer with any compensation that is based on or otherwise related to the completion of the merger. The information set forth above in this section is intended to comply with Item 402(t) of Regulation S-Kunder the Securities Act, as it relates to the disclosure of certain information about compensation for American Water’s named executive officers that is based on or otherwise relates to the completion of the merger. Interests of Essential Directors and Executive Officers in the Merger In considering the recommendation of the Essential board to vote to approve the merger agreement proposal, holders of Essential common stock should be aware that the directors and executive officers of Essential may have interests in the merger that are different from, or in addition to, the interests of holders of Essential common stock generally and that may create potential conflicts of interest. The Essential board was aware of these interests and considered them, among other matters, in evaluating and negotiating the merger agreement and approving the merger agreement, and in recommending to holders of Essential common stock that they vote to approve the merger agreement proposal. These interests are described in more detail below, and certain of them are quantified in the narrative below, including compensation that may become payable in connection with the merger to Essential’s named executive officers (which is the subject of a non-bindingadvisory vote of Essential shareholders in the merger-related compensation proposal). For more information, please see“ Essential Proposals—Proposal 2: The Merger-Related Compensation Proposal.” The merger will constitute a “change in control” for purposes of the Essential executive compensation plans and agreements described below. For purposes of this disclosure, Essential’s named executive officers who have interests in the merger are:

| • |     | Christopher H. Franklin—Chairman, President and Chief Executive Officer |

| • |     | Daniel J. Schuller—Executive Vice President and Chief Financial Officer |

| • |     | Matthew R. Rhodes—Former Executive Vice President, Strategy and Corporate Development |

| • |     | Christopher P. Luning—Executive Vice President and General Counsel |

| • |     | Colleen M. Arnold—President, Aqua |

| • |     | Michael A. Huwar—President, Peoples |

In accordance with SEC rules, this disclosure also covers individuals who are not named executive officers, who served as executive officers of Essential at any time since January 1, 2025 and who have interests in the merger. Accordingly, for purposes of this disclosure, Essential’s executive officers who are not named executive