Essential Utilities Celebrates Infrastructure Week, Announces 2024 Infrastructure Upgrades - Seite 2

• Peoples will continue its Long-Term Infrastructure Improvement Plan (LTIIP) to replace more than 3,000 miles of critical pipelines, with 186 miles of new lines targeted for installation this year. With $1.5 billion allocated between 2021 and 2025, Peoples’ LTIIP is the leading mile replacement program in Pennsylvania.
• Aqua is committed to upgrading aging infrastructure, improving service and reliability for customers across its eight-state footprint. Aqua is investing $765 million for capital improvements in 2024 alone, including the replacement of 130 miles of water main.

Infrastructure Week serves as a reminder of the vital role that infrastructure plays in supporting communities and driving economic growth. Essential Utilities continues to lead by example, demonstrating a steadfast commitment to investing in the future and delivering essential resources across its service territory.

About Essential

Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across 9 states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S. Learn more at www.essential.co.

Forward-Looking Statements

This letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions and include the Company’s belief that it will invest $1.3 billion in capital in 2024, invest an annual average of approximately $1.4 billion through 2028, and invest $450 million in PFAS research and remediation. The Company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent its views only as of today and should not be relied upon as representing its views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to statements relating to the capital to be invested by the water, wastewater, and gas distribution divisions of the Company. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including the factors discussed in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which is filed with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with The Company’s business, please refer to the Company’s annual, quarterly and other SEC filings. The Company is not under any obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.