Company: MSEX
Filing Date: 2025-07-29
Form Type: 424B5
Source: 0001104659-25-071727
Chunk: 25

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-29
Form: 424B5
Chunk 25
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 Plan participant who holds Common Stock certificates may also, at any time, deposit those certificates
for safekeeping with the Plan Agent, and the shares represented by the deposited certificates will be included in the book-entry form
in the participant’s account.

| 36. | How do I deposit my Common Stock  
 certificates with the Plan Agent? |

To deposit certificates into
the Plan and benefit from the safekeeping feature of the Plan, participants should mail their certificates, via registered and insured
mail, to Broadridge Corporate Issuer Solutions, Inc., 1155 Long Island Avenue, Edgewood, NY 11717. Certificates should be accompanied
by a completed Authorization Form, specifying that 1) the shares are furnished for safekeeping, and that 2) dividends on all or a portion
of such shares are to be either reinvested pursuant to the Plan or paid in cash.

Note: The certificates should not be endorsed, and the assignment section should not be completed.

| 37. | Are there any charges associated 
 with this custodial service?     |

No. There is no cost
to you either for having the Plan Agent hold the shares purchased for you through the Plan or for depositing with the Plan Agent the
stock certificates you hold for the purpose of adding the shares to your book-entry share position. However, you may incur certain charges
for certain other transactions or requests under the Plan (See Questions 32, 34 and 40).

<div align='center'>S-20</div>

ISSUANCE OF STOCK CERTIFICATES

| 38. | Will stock certificates be issued     
 for shares acquired through the Plan? |

No. Stock certificates
will not be issued for shares in a Plan account unless a specific request is made to the Plan Agent. The Plan’s book-entry custodial
service eliminates the risk and cost of certificate loss, theft or destruction.

| 39. | How do I request a stock certificate? |

Certificates for full shares
held in the plan may be obtained by writing the Plan Agent and requesting the issuance of shares in certificate form (See
and access the “Buy Stock Direct Plan Wizard” by clicking on the “Purchases and Dividend Reinvestment” tab on
the left-hand side for the fee associated with such requests). Certificates for fractional shares will not be issued under any circumstances.

SERVICE FEES

| 40. | What are the fees associated    
 with participation in the Plan? |

There are fees associated
with certain transactions,