Company: AWK
Filing Date: 2025-10-27
Form Type: 425
Source: 0001193125-25-250649
Chunk: 16

Company: American Water Works Company, Inc.
Filing Date: 2025-10-27
Form: 425
Chunk 16
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 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 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 cash in lieu of fractional shares of Parent Common Stock payable pursuant to and any dividends or other distributions payable pursuant to , all to
be issued or paid, without interest, in consideration therefor upon the surrender of such shares of Company Common Stock in accordance with .

(b) . Each share of Company Common Stock that is owned by Parent or Merger Sub, if any,
immediately prior to the Effective Time or owned by the Company as treasury stock, if any, immediately prior to the Effective Time (in each case, other than the Company Restricted Shares) (the “”) shall no longer be
outstanding and shall automatically be canceled and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation.

4

(c) . Each share of common stock, par value
$0.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one (1) validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the
Surviving Corporation and shall constitute the only outstanding shares of capital stock of the Surviving Corporation.

(d) .

(i) No fractional shares of Parent Common Stock shall be issued upon the conversion of Company Common Stock
pursuant to . In lieu of receiving any such fractional share interests, each holder of shares of Company Common Stock otherwise entitled to a fractional share of Parent Common Stock will be entitled to
receive, from the Exchange Agent in accordance with the provisions of this , a cash payment in lieu of such fractional share of Parent Common Stock representing such holder’s proportionate interest, if
any, in the proceeds from the sale by the Exchange Agent (reduced by any fees of the Exchange Agent attributable