CALIFORNIA WATER SERVICE GROUP

California Water Service (Cal Water) partnered with Selma Unified School District and Self-Help Enterprises to provide safe drinking water to Indianola Elementary School. The project addresses unsafe levels of 1,2,3-trichloropropane (TCP) in the school's groundwater, ensuring nearly 400 students and faculty have clean water for the new academic year. Selma Unified secured a $3.2 million grant to connect the school to Cal Water's system, which already treats for TCP.

California Water Service (Cal Water), in partnership with the County of Tulare, the State of California’s Department of Water Resources (DWR), and Self-Help Enterprises, has successfully completed a project to provide safe, clean, and reliable drinking water to 27 customers in an underserved community along Harrison Road. The project, funded by over $1.3 million from the County’s American Recovery Plan Act (ARPA) and DWR’s Small Community Drought Relief Program, involved extending Cal Water’s water main and installing 2,600 feet of new pipe. Additionally, five fire hydrants were installed to enhance fire protection in the area, addressing a critical need for residents whose wells had previously gone dry.

California Water Service Group reported strong second-quarter 2026 results, with net income rising to $56.5 million, or $0.93 per diluted share, compared to $42.2 million, or $0.71 per diluted share, in Q2 2025. This performance reflects the final decision on the 2024 California General Rate Case (CA GRC), which was recognized retroactively to January 1, 2026, and is expected to increase company-wide revenue by $90.5 million in 2026. The company also achieved record infrastructure investments of $147 million in the quarter and made significant progress on its acquisition of Nexus Water Group's systems in Nevada and Oregon, while declaring its 326th consecutive quarterly dividend.

California Water Service Group's Board of Directors declared its 326th consecutive quarterly dividend of $0.3350 per common share. The dividend is payable on August 21, 2026, to stockholders of record as of the close of business on August 10, 2026. The company is the largest regulated water utility in the western United States, serving over 2.2 million people across multiple states.

California Water Service Group was recognized by Newsweek as one of "America's Greatest Workplaces" for 2026, one of only two water utilities on the list. This recognition highlights the utility's commitment to employee support and workplace engagement, based on an evaluation of 10 categories of worker satisfaction and over 120 key performance indicators. CEO Marty Kropelnicki expressed pride in the company's ongoing track record as a top workplace.

California Water Service Group announced that its second-quarter 2026 earnings results will be released on Thursday, July 30, 2026, at 9:00 a.m. ET. A conference call for stockholders and investors will follow at 11:00 a.m. ET on the same day. Details for accessing the call via phone or live audio webcast, as well as replay information, were provided.

California Water Service (Cal Water) has completed the acquisition of Palm Mutual Water Company, following an agreement in May 2025 and approval by the California Public Utilities Commission. The Palm Mutual system serves approximately 250 residents through 63 connections and will now be integrated into Cal Water's Bakersfield District. Cal Water plans to upgrade the system's infrastructure to enhance water quality and reliability for its new customers.

California Water Service (Cal Water) has achieved Platinum Certification with the G480 standard from the Alliance for Water Efficiency (AWE), marking the highest status a water utility can attain for water conservation and efficiency program operation. Cal Water is the first utility to earn this top-tier certification under the newly updated G480-25 standard. Chairman and CEO Marty Kropelnicki highlighted the company's century-long commitment to responsible planning, high-quality service, and natural resource stewardship.

California Water Service Group announced the promotions of Tamara S. Johnson to Vice President, California Operations, and Gregory D. Shimansky to Vice President, Rates and Regulatory Affairs, effective July 1, 2026. Johnson, with 40 years of experience, will lead the newly created California Operations role. Shimansky, who joined in 2024, succeeds the retiring Greg A. Milleman. These changes aim to support the company's growth and operational complexity.

California Water Service Group announced the promotions of Tamara S. Johnson to Vice President, California Operations, and Gregory D. Shimansky to Vice President, Rates and Regulatory Affairs, effective July 1, 2026. Johnson brings 40 years of experience to her newly created role, reflecting the company's growth. Shimansky, who joined in 2024, succeeds Greg A. Milleman, who is retiring after a decade with the company.