Essential Utilities, Inc.

Essential Utilities, Inc. is a Pennsylvania corporation that serves as a holding company for regulated utilities providing water, wastewater, or natural gas services. The company serves an estimated 5.5 million people across Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. Aqua Pennsylvania, Inc. is one of its largest operating subsidiaries, accounting for approximately 57% of operating revenues and approximately 72% of income for the Regulated Water segment in 2025. As of December 31, 2025, Aqua Pennsylvania provided water or wastewater services to approximately one-half of the total water and wastewater customers served by the company. Aqua Pennsylvania's service territory is located in suburban areas north and west of the City of Philadelphia and in 28 other counties in Pennsylvania. Other regulated water or wastewater utility subsidiaries provide similar services in seven additional states. The Peoples subsidiaries provide natural gas service to approximately 747,000 customers in western Pennsylvania and Kentucky, with approximately 95% of these natural gas utility customers located in western Pennsylvania. The company also conducts market-based activities through non-regulated subsidiaries, offering utility service line protection solutions, repair services to households, and gas marketing and production activities. On October 26, 2025, Essential Utilities entered into a Merger Agreement with American Water Works Company, Inc. and Alpha Merger Sub, Inc., under which Essential Utilities will merge into Merger Sub and survive as a wholly owned subsidiary of American Water.