American States Water — May 6, 2026 release

nings per share at all operating business segments • AWR’s regulated utilities authorized to spend approximately $650 million in capital investments as approved in the utilities’ general rate cases ◦ On target to invest $185 to $225 million in 2026 • AWR’s contracted services business is expected to contribute $0.63 to $0.67 per share for the full 2026 year • AWR Named One of America's Most Trustworthy Companies by Newsweek ◦ Ranked #1 in the Energy & Utilities Industry San Dimas, California, May 6, 2026…. American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.76 for the quarter ended March 31, 2026, as compared to basic and fully diluted earnings per share of $0.70 for the quarter ended March 31, 2025, an increase of $0.06 per share or 8.6%, primarily generated from higher earnings at the water and electric utility segments resulting from the implementation of new customer rate increases approved by the California Public Utilities Commission (CPUC), and higher construction activities that resulted in higher earnings at the contracted services segment. First Quarter 2026 Results The table below sets forth a comparison of the first quarter of 2026 diluted earnings per share contribution reported by business segment and for the parent company compared with amounts reported during the same period in 2025.   Diluted Earnings per Share   Three Months Ended     3/31/2026 3/