Company: AWK
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001193125-25-332292
Chunk: 235

Company: American Water Works Company, Inc.
Filing Date: 2025-12-29
Form: S-4/A
Chunk 235
---
 represented by proxy at the American Water special meeting and entitled to vote on the share issuance proposal. Abstentions will be counted as a
vote “AGAINST” the share issuance proposal; broker non-votes will not be taken into account in determining the outcome of the share issuance proposal.

Recommendation

The American Water board unanimously recommends that American Water shareholders vote “FOR” the share issuance proposal.

PROPOSAL 2 — AMERICAN WATER ADJOURNMENT PROPOSAL

American Water shareholders are being asked to consider and vote on the American Water adjournment
proposal, which will give the American Water board authority to adjourn the American Water special meeting from time to time, if necessary or appropriate, to solicit additional proxies, in the event that there are not sufficient votes to approve the
share issuance proposal, or to ensure that any supplement or amendment to this joint proxy statement/prospectus is timely provided to American Water shareholders, at the time of the American Water special meeting or any adjournment or postponement
thereof. If the American Water adjournment proposal is approved, the American Water special meeting could be adjourned to any date. American Water could adjourn the American Water special meeting and any adjourned session of the American Water
special meeting and use the additional time to solicit additional proxies, including the solicitation of proxies from American Water shareholders who have previously voted.

If the American Water special meeting is adjourned, American Water shareholders who have already submitted their proxies will be able to revoke them at any
time prior to their use. If you sign and return a proxy and do not indicate how you wish to vote on either proposal, or if you indicate how you wish to vote on the share issuance proposal but do not indicate a choice on the American Water
adjournment proposal, your shares will be voted in favor of the American Water adjournment proposal.

178

Required Vote

Whether or not a quorum is present, approval of the American Water adjournment proposal requires the affirmative vote of holders of a majority of the shares of
American Water common stock present in person, by remote communication, or represented by proxy at the American Water special meeting and entitled to vote on the American Water adjournment proposal. Only holders of American Water common stock at the
close of business on the American Water record date will be entitled to vote on the American Water adjournment proposal. Abstentions will be counted as a vote “AGAINST” the American Water adjournment proposal; broker