SJW Group Dividend Growth and Capital Expenditure Plan

Geographically Diverse Pure-Play Water/Wastewater Pure-Play Regulated Water/Wastewater $67.5M 93% 2021 Net Income Regulated vs. Unregulated $5.3M 7% ■ Regulated ■ Unregulated SJW Group Data as of December 31, 2021 Geographic Diversity $22.5M 32% $38.7M 55% 2021 Net Income $3.9M 6% by State $3.0M 4% ■CA CT ME TX ■ TN $1.9M 3%

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