Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 24

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 24
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 considered by the Essential board in reaching its decision, see “The Merger—Essential Board’s Recommendations and Its Reasons for the Merger” beginning on page 70.                                                     |

11

| Q: | Do the Essential directors and executive officers have any interests in the merger? |

| A: | Yes. In connection with the completion of the merger, Essential’s directors and executive officers may                                                                                                                                                    
 have interests in the merger that are different from, or in addition to, those of the shareholders of Essential generally. The Essential board was aware of these interests and considered them, among other things, in reaching its decision to approve, 
 adopt, and declare advisable the merger agreement. These interests are described in more detail in “The Merger—Interests of Directors and Executive Officers in the Merger—Interests of Essential Directors and Executive                                 
 Officers in the Merger” beginning on page 105.                                                                                                                                                                                                            |

| Q: | What constitutes a quorum at the Essential special meeting? |

| A: | The Essential bylaws provide that a quorum at the Essential special meeting is the presence, in person or                                                                                                                                                
 represented by proxy, of shareholders entitled to cast a majority of the votes which all shareholders are entitled to cast at the Essential special meeting. The Essential special meeting will be held virtually, so shareholders of Essential will not 
 be able to attend the Essential special meeting in person. Abstentions and broker non-votes are counted as present and entitled to vote for purposes of determining a quorum at the Essential special meeting.                                           |

| Q: | What vote is required for Essential shareholders to approve the merger agreement proposal? |

| A: | Assuming a quorum is present at the Essential special meeting, approval of the merger agreement proposal                                                                                                                                               
 requires the affirmative vote of a majority of the votes cast by all shareholders entitled to vote on the merger agreement proposal at the Essential special meeting. Only holders of record of Essential common stock at the close of business on the 
 Essential record date will be entitled to vote on the merger agreement proposal. Abstentions and broker non-votes will have no effect in determining the outcome of the merger agreement proposal.                                                     |

| Q: | What vote is required for Essential shareholders to approve the merger-related compensation proposal? |

| A: | Assuming a quorum is present at the Essential special meeting, approval of the merger-related compensation                                                                                                                                      
 proposal, which is a non-binding advisory vote, requires the approval of shareholders present, in person or by proxy, entitled to cast at