SJW Group enters $200M at-the-market equity distribution agreement

H2O AMERICA

Equity distribution agreement with BofA, JPMorgan, RBC, Wells Fargo for sale of common stock up to $200M aggregate gross sales price.
Sales agents entitled to up to 2.0% commission on gross proceeds from sales.
Proceeds to finance potential acquisitions, infrastructure improvements, debt repayment, working capital.
Shares sold from time to time on NYSE or at negotiated prices; no obligation to sell.
Prospectus supplement filed Oct 29, 2024 in connection with the offering.

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