Company: AWK
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-064607
Chunk: 16

Company: American Water Works Company, Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 16
---
executive sessions. The Audit, Finance and Risk Committee meets regularly in separate executive sessions with, among others:

| · |     | our Senior Vice President of Internal Audit; |

| · |     | our General Counsel and/or our Compliance Officer; and |

| · |     | representatives of our independent registered public accounting firm. |

Also, each standing committee has the authority to retain outside advisors, including legal counsel or other experts, as it deems appropriate in its sole discretion and to approve the fees and expenses associated with such advisors.

The membership of each of the standing Board committees as of the date of this proxy statement, including the number of committee meetings held during 2024, are set forth in the table below: Due to Kimberly J. Harris’s resignation from the Board effective March 24, 2025, a vacancy has been created in the role of Chair of the Nominating Committee. The Board intends to fill this vacancy in due course.

| AMERICAN WATER | 2025 PROXY STATEMENT |     | 7 |

A description of each of our standing committees as of the date of this proxy statement, together with its primary responsibilities, is provided below.

| ·   Coordinates oversight of financial planning and reporting   ·   Discusses policies with respect to risk assessment and enterprise risk management, major financial risk exposures and the monitoring and control thereof   ·   Coordinates oversight of operational risk management with the other committees and the Board   ·   Represents and assists the Board in fulfilling its responsibility to oversee:   §  the quality and integrity of our financial statements; §  the adequacy and effectiveness of our system of internal controls; §  our compliance with legal and regulatory requirements; §  our independent auditor’s qualifications and independence; §  the performance of our internal audit function and that of our independent auditor; §  issues regarding accounting principles, including changes in accounting and auditing principles and practices; §  our risk assessment and risk management strategy; and §  our financial policies and significant financial decisions   ·   Has sole authority and responsibility to appoint, compensate, retain, terminate and oversee our independent auditor   ·   Monitors, reviews and evaluates our:   §  financial forecasts, financial condition and anticipated financing requirements; § �