ARTESIAN RESOURCES CORP

Artesian Resources is a holding company that provides water and wastewater services. Its principal subsidiary, Artesian Water Company, Inc., is the oldest and largest investor-owned public water utility on the Delmarva Peninsula, operating since 1905. The company distributes and sells water for residential, commercial, industrial, municipal, and utility customers, including water for public and private fire protection, in Delaware, Maryland, and Pennsylvania. It also provides wastewater services to customers in Delaware. Additionally, Artesian Resources offers contract water and wastewater operations, along with water, sewer, and internal Service Line Protection Plans. The company's regulated public utility subsidiaries include Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Maryland, Inc., and Artesian Wastewater Management, Inc., which includes its wholly-owned subsidiary Tidewater Environmental Services, Inc. dba Artesian Wastewater. Its non-utility subsidiaries are Artesian Utility Development, Inc., and Artesian Development Corporation. The company's primary market area is the Delmarva Peninsula, with its largest service area located in Delaware.