Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 45

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 45
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/prospectus. Under Pennsylvania law, Essential shareholders will not be entitled to any appraisal or dissenters’ rights in connection with the merger or any other transactions described in this joint proxy statement/prospectus. Regulatory Matters Relating to the Merger To complete the merger, American Water and Essential must make filings with and obtain authorizations, approvals or consents from a number of federal and state public utility, antitrust, and other regulatory entities, including filings pursuant to the HSR Act, and the rules and regulations promulgated thereunder, and, to the extent required, obtain all required state regulatory approvals. The parties also agreed to use their reasonable best efforts to make any necessary filings with the FCC. For more information regarding regulatory matters relating to the merger, see the sections entitled “ Regulatory Matters Relating to the Merger,” “ The Merger Agreement—Efforts Related to Consents and Approvals of Governmental Entities,” and “ The Merger Agreement—Conditions to the Completion of the Merger.” Overview of the Merger Agreement Conditions to the Completion of the Merger As more fully described in this joint proxy statement/prospectus and in the merger agreement, each party’s obligation to complete the merger is subject to the satisfaction or waiver (to the extent permitted by law) at or prior to the effective time of the following conditions:

| • |     | the approval by Essential shareholders of the merger agreement proposal; |

| • |     | the approval by American Water shareholders of the share issuance proposal; |

| • |     | the absence of (i) any order issued by any court or government entity and (ii) any law enacted,                                                                                               
 entered, promulgated, or enforced by any governmental entity after the date of the merger agreement that, in either case, prevents, makes illegal, or prohibits the completion of the merger; |

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| • |     | the effectiveness of the registration statement of which this joint proxy statement/prospectus forms a part and 
 the absence of a stop order or proceedings seeking a stop order by the SEC; and                                 |

| • |     | the NYSE listing of the American Water common stock to be issued as merger consideration in the merger, subject 
 to official notice of issuance.                                                                                 |

In addition, the obligations of each party to complete the merger are subject to the satisfaction or waiver by the other party at or prior to the effective time of the following conditions:

| • |     | the accuracy of representations and warranties made in the merger agreement by the other party, subject