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California Water Service Group Named a Top Workplace in the USA

1. CWT recognized as 2025 Top Workplaces USA, enhancing its brand image. 2. Award reflects strong employee commitment and culture at CWT. 3. Recognition could attract talent and improve service quality for 2.1 million customers. 4. CWT's focus on workplace culture aligns with business sustainability goals.

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Why Bullish?

CWT's recognition enhances its reputation, potentially leading to higher investor confidence and increased customer loyalty. Historical precedence shows that awards for corporate culture can influence stock prices positively, as seen with companies like Google and Salesforce.

How important is it?

The award impacts CWT’s ability to attract talent, which can improve operational efficiency and service delivery. In turn, this may positively affect future financial results and stock performance.

Why Long Term?

The benefits from a strong workplace culture manifest over time, leading to sustained performance improvements. An improved work environment can enhance service delivery, which is vital in the utilities sector.

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SAN JOSE, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Following its recognition as a Top Workplace in the Bay Area last summer, California Water Service Group (Group) (NYSE: CWT) has earned the 2025 Top Workplaces USA designation by USA Today and Energage, a leading workforce culture research company. This is the first time Group has received this national honor. Top Workplaces USA celebrates organizations with at least 150 employees and that have built exceptional, people-first cultures, according to Energage. Winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance. For this year’s award, Energage invited 42,000 organizations to participate. “We believe that our team members are our best ambassadors, and when we take care of our employees, they can focus on taking care of the more than 2.1 million people we serve every day,” said Martin A. Kropelnicki, Group Chairman and CEO. “I’m pleased that our efforts to help our employees develop, work, and live well are meaningful to them, and we will continue to strive each day to support our team members as best we can.” “Earning a USA TODAY Top Workplaces award is a testament to an organization’s credibility and commitment to a people-first culture,” said Eric Rubino, Energage CEO. “This award, driven by real employee feedback, is more than just a recognition—it’s proof that your employees believe in the organization and its leadership. Job seekers and customers look for this trusted badge of credibility and excellence. It signals a company that values its people, and that kind of culture resonates in today’s competitive market.” The full list of U.S. Top Workplaces is available at USA Today online. About California Water Service GroupCalifornia Water Service Group (NYSE: CWT) is the largest regulated water utility operating exclusively in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, Texas Water Service.  Group’s purpose is to enhance the quality of life for customers, communities, employees, and stockholders. To do so, it invests responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company’s almost 1,300 employees live by a set of strong core values and share a commitment to protecting the planet, caring for people, and operating with the utmost integrity. The company has been named one of “America’s Most Responsible Companies” and the “World’s Most Trustworthy Companies” by Newsweek, a Top Workplace, and a Great Place to Work®.  More information is available at www.calwatergroup.com. Media ContactYvonne Kingmanykingman@calwater.com310-257-1434

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