UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8966 SJW GROUP (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. ...

Eric Thornburg Chair, President and CEO Andrew Walters Chief Financial Officer and Treasurer SJW Group 2 Forward-Looking Statements Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Some of these forward-looking statements can be identified by the use of forward-looking words such as "believes," "expects," "estimates," "anticipates," "intends," "seeks," "approximately," "plans," "projects," "may," "should ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-8966 SJW GROUP (Exact name of registrant as specified in its charter) Delaware 77-0066628 (State or other jurisdiction of incorporation or orga ...

Financial Data and Key Metrics Changes - In Q4 2022, the company reported revenue of $171.4 million and net income of $33.5 million, with diluted EPS of $1.09, reflecting a 23% increase in revenue and an 86% increase in net income compared to Q4 2021 [21] - For the full year 2022, revenue was $620.7 million, net income was $73.8 million, and diluted EPS was $2.43, representing an 8% increase in revenue and a 22% increase in net income compared to 2021 [22] - The diluted EPS for 2022 increased by 20% year-over-year, primarily driven by revenue increases and better matching of production costs [23] Business Line Data and Key Metrics Changes - The company realized $25.1 million in revenue from the CPUC approved settlement agreement for the 2021 GRC, along with $18.2 million from the recovery of memorandum and balancing accounts [5] - Customer growth contributed $5.1 million in revenue across utilities, while lower customer usage resulted in a decrease of $14.3 million [25] Market Data and Key Metrics Changes - The company continues to operate under a mandatory call for water conservation, which required a 15% reduction in water consumption compared to 2019, resulting in an 11% decrease for residential customers and approximately 6% for business customers in 2022 [26] Company Strategy and Development Direction - The company is targeting a long-term EPS growth rate of 5% to 7%, anchored off the 2022 diluted EPS of $2.43 [2] - A $255 million capital expenditure budget for 2023 is planned, with a total investment of $1.4 billion through 2027, focusing on infrastructure improvements [55] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the cost of capital proceeding and its potential positive outcome [1] - Inflation has significantly impacted interest costs, labor costs, and chemical expenses, with expectations for continued increases in 2023 [34][35] Other Important Information - The company has strong ESG ratings and has secured nearly $10 million in financial assistance for customers in arrears [11] - The average borrowing rate for the line of credit advances during 2022 was approximately 3.41%, compared to 1.32% in 2021 [30] Q&A Session Summary Question: Impact of true-up in cost of debt on 2022 EPS - Management confirmed that the 2022 EPS included a negative impact associated with the true-up in the cost of debt from the pending cost of capital proceeding [83] Question: Earnings contributions from Texas acquisitions - Management indicated that earnings contributions from the Texas investment were already seen in 2022, and despite a slowdown in the housing market, growth is still expected [87] Question: Non-linear growth rate due to Connecticut rate cases - Management acknowledged that the growth rate is non-linear, primarily due to the timing of rate cases in Connecticut and Maine, which affects earnings in intervening years [89]

Investor Presentation December 2022 SJW Group Leadership Team Experienced, Record of Execution, Regional Focus and Dedication Leveraged expertise across the multistate platform with a commitment to local communities Eric W. Thornburg Chairman, President and Chief Executive Officer 40 years of water utility experience Andrew Walters Chief Financial Officer and Treasurer 20 years of utility experience Andy Gere President and Chief Operating Officer of San Jose Water 26 years of water utility experience Mauree ...

SJW Group (NYSE:SJW) Q3 2022 Results Conference Call October 28, 2022 1:00 PM ET Company Participants Eric Thornburg - Chairman, President & CEO Andrew Walters - CFO & Treasurer John Tang - Vice President of Regulatory Affairs & Government Relations Conference Call Participants Richard Sunderland - JPMorgan Angie Storozynski - Seaport Research Jonathan Reeder - Wells Fargo Operator Good day, and thank you for standing by. Welcome to the SJW Group Third Quarter 2022 Earnings Conference Call. At this time, al ...

Investor Presentation September 2022 SJW Group Leadership Team Experienced, Record of Execution, Regional Focus and Dedication Leveraged expertise across the multistate platform with a commitment to local communities Eric W. Thornburg Chairman, President and Chief Executive Officer 40 years of water utility experience Jim Lynch Chief Accounting Officer 17 years of water utility experience Andrew Walters Chief Financial Officer and Treasurer 20 years of utility experience Andy Gere President and Chief Operat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8966 SJW GROUP (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8966 SJW GROUP (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. E ...

SJW Group (NYSE:SJW) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants James Lynch - Chief Accounting Officer Eric Thornburg - Chairman, President & CEO Andrew Walters - CFO & Treasurer Conference Call Participants Richard Sunderland - JPMorgan Angie Storozynski - Seaport Research Operator Thank you for standing by, and welcome to the SJW Group Second Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' present ...