Company: AWK
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-064607
Chunk: 49

Company: American Water Works Company, Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 49
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 on the following objectives in making compensation decisions with respect to all of our NEOs in 2024:

| · |     | incentivize all of our NEOs to achieve superior financial and non-financial performance relating to safety, customers, people, environmental leadership, operational excellence and growth, all of which we believe lead to long-term financial strength and value creation without incentivizing excessive risk-taking; |

| · |     | focus pay on an appropriate mix of short- and long-term performance, with a proportionately greater emphasis on long-term compensation; |

| · |     | build long-term, sustainable value for shareholders by emphasizing long-term performance- and equity-based compensation, and de-emphasizing short-term, cash-based compensation; |

| · |     | align our 2024 core strategies with our short-term APP performance measures; |

| · |     | provide compensation to all of our NEOs that reflects their responsibilities and contributions, and that is aligned to market pay—meaning within a competitive range of the median of compensation reflected in our benchmarking data—to attract, motivate and retain high-caliber executives; and |

| · |     | align NEO and shareholder interests by requiring consistent, meaningful equity ownership. |

Base Salaries For 2024, the ED&CC approved base salaries as reflected in the table below. The ED&CC reviews base salary in the context of responsibilities, experience, relevant benchmarking data, and individual performance of each NEO. The following table sets forth the base salaries of all of our NEOs as of the end of the 2023 and 2024 calendar years, as well as the percentage change from 2023.

| Named Executive Officer |     | 2023        
 Base Salary |           |     | 2024        
 Base Salary |           |     | Percent 
 Change  |       |
|:------------------------|:----|:------------|----------:|:----|:------------|----------:|:----|:--------|:------|
| M. Susan Hardwick       |     | $           | 1,070,000 |     | $           | 1,125,000 |     |         | 5.1%  |
| John C. Griffith (1)    |     | $           |   754,000 |     | $           |   950,000 |     |         | 26.0% |
| David M. Bowler (2)     |     | $           |         — |     | $           |