Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 250

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 250
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(b) . The bylaws of Parent in effect immediately prior to the Effective Time shall remain in effect and not be amended, restated,
supplemented or otherwise modified as a result of the Merger or the other Transactions, until thereafter amended as provided therein or by applicable Law.

Section 1.8 .

(a) . Prior to the Effective Time, Parent shall take all necessary action to implement the Parent Board, Parent Board
committee and other related matters set forth in , in each case, in accordance with the provisions of .

(b) . Unless otherwise mutually agreed in writing by Parent and the Company after the date of this Agreement:

(i) the chief executive officer of Parent as of immediately prior to the Effective Time (the “”);
and

(ii) the individuals serving in executive vice president and senior executive positions of Parent who report to the
Parent CEO as of immediately prior to the Effective Time,

in the case of (i) and (ii), shall continue in such positions as of the Effective Time
until the earlier of such individual’s resignation or removal or until their respective successors are duly elected or qualified or appointed, as the case may be. Parent shall take all necessary action such that, as of the Effective Time, the
individuals set forth on shall hold senior executive-level positions of Parent as of the Effective Time, in accordance with the provisions of .

ARTICLE II

CONVERSION OF SHARES; EXCHANGE OF CERTIFICATES AND BOOK-ENTRY SHARES

Section 2.1 . At the Effective Time, by virtue of the Merger and without any action on the part of any
Party or any other Person:

(a) . Subject to ,
and , each share of common stock, par value $0.50 per share, of the Company issued and outstanding immediately prior to the Effective Time (such shares, collectively, “”), other than any
Canceled Shares, shall thereupon be converted automatically into and shall thereafter represent the right to receive 0.305 (the “”) validly issued, fully paid and nonassessable shares of common stock, par value $0.01
per share, of Parent (“,” and such per-share amount, the “”). As a result of the Merger, at

A-3

the Effective Time, each holder of shares of Company Common Stock shall cease to have any rights with respect thereto, except the right to receive the Merger Consideration payable in respect of
such shares of Company Common Stock which are issued and outstanding immediately prior to the Effective Time, any