Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 53

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 53
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 stock and Essential common stock. For more information, please see “Where You Can Find More Information” beginning on page 182.

Dividend Information

American Water currently pays a quarterly dividend on shares of American Water common stock. American Water last paid a quarterly dividend of $0.8275 per share
of American Water common stock on December 2, 2025. The terms of the merger agreement limit American Water’s ability to declare or pay dividends prior to the completion of the merger, subject to certain exceptions, including the
declaration and payment of quarterly dividends on shares of American Water common stock on a schedule consistent with American Water’s past practices in amounts not in excess of the amounts set forth in the confidential disclosure schedule
delivered by American Water.

Essential currently pays a quarterly dividend on shares of Essential common stock. Essential last paid a quarterly dividend
of $0.3426 per share of Essential common stock on December 1, 2025. The terms of the merger agreement limit Essential’s ability to declare or pay dividends prior to the completion of the merger, subject to certain exceptions, including
the declaration and payment of quarterly dividends on shares of Essential common stock on a schedule consistent with Essential’s past practices in amounts not in excess of the amounts set forth in the confidential disclosure schedule delivered
by Essential.

There is no assurance that American Water shareholders or Essential shareholders will continue to receive payments of dividends while the
merger is pending, or that shareholders of the combined company will receive payments of dividends following completion of the merger. See “Risk Factors” beginning on page 35.

32

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This joint proxy statement/prospectus and any amendment or supplement hereto, the documents incorporated by reference herein, or any other written or oral statements made by or on behalf of American Water or Essential may include statements that reflect current views with respect to future events. These statements are “forward-looking statements” within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words with prospective meanings such as “intend,” “plan,” “estimate,” “believe,” “anticipate,” “expect,” “predict,” “project,” “propose,” “assume,” “forecast,” “outlook,” “future,” “likely,” “pending,” “goal,” “objective,” “potential,” “continue,” “