Essential Utilities increases non-employee director annual equity award to $120,000

Essential Utilities, Inc.

Board approved a $10,000 increase in annual equity award for all non-employee directors to $120,000, effective Jan 1, 2023.
Annual cash retainer unchanged at $105,000; additional retainers for committee chairs ($15,000-$30,000) and Lead Independent Director ($30,000).
Change based on advice from compensation consultant Pay Governance and Board deliberation on December 7, 2022.

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