H2O America

Filing receipts

“2025 (In thousands) Water Utility Services: Consumption changes $ 2,003 1 % Increase in customers 321 — % Rate increases for: Pass-through water costs 1 4,005 2 % All other increases 2 7,839 5 % Regulatory mechanisms 3 427 — % Service and other revenue — — % Other Services 1,099 1 % Total change in operating revenue $ 15,694 9 % ____________________ (1) Consists of rate increases specifically associated with changes in the water supply costs that are passed through to customers. (2) Primarily associated with general rate cases and related annual escalation adjustments, infrastructure surcharges, and cost of capital adjustments. (3) Excludes portion attributable to rate increases, which are...”

“Net cash provided by financing activities for the three months ended March 31, 2026 increased by $127.4 million from the same period in the prior year, primarily as a result of (1) an increase in net proceeds from common stock equity offerings of $262.1 million, (2) an increase in cash receipts of advances and contributions in aid of construction of $2.5 million, offset by (3) an increase in net repayments on the lines of credit of $120.3 million, (4) an increase in net repayments on long-term borrowings of $15.2 million and (5) an increase in payments of dividends of $1.8 million.”

“Other (Expense) Income For the three months ended March 31, 2026, compared to the same period in 2025, the change in other (expense) income of $0.9 million was primarily due to higher income from the equity portion of the Allowance for Funds Used During Construction (AFUDC), an increase in interest expense, and an increase in pension non-service credit.”