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California Water Service Group Offering $80,000 to Students through 12th Annual College Scholarship Program

1. CWT opens $80,000 College Scholarship Program for eligible customers. 2. Four $10,000 scholarships, plus smaller amounts, available for students. 3. The program is part of CWT's philanthropic efforts, funded by shareholders. 4. CWT has awarded $755,000 in scholarships since the program's inception. 5. The initiative aims to support educational aspirations without affecting customer rates.

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Why Bullish?

The scholarship program enhances CWT's community engagement, potentially improving customer relations and loyalty.

How important is it?

Elevating community welfare can positively impact CWT's market positioning and brand loyalty.

Why Long Term?

Investment in community education may lead to better brand perception and long-term customer retention.

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CWT
SAN JOSE, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- To help improve the quality of life in the communities it serves, California Water Service Group (Group) (NYSE: CWT) has opened its 11th annual College Scholarship Program cycle for customers served by its California, Hawaii, New Mexico, and Washington subsidiaries. Eligible customers in any of these service areas or their dependents can apply for part of the $80,000 available this year to offset educational expenses. Applicants must plan to enroll in a full-time undergraduate study program at an accredited college, university, or vocational-technical school for the 2025-2026 academic year. Four $10,000 grand-prize scholarships will be awarded, along with additional scholarships ranging from $2,500 to $5,000. Scholarships will be awarded based on academic achievement, community service, and financial need. “With the costs of higher education becoming burdensome and potentially even out of reach for some of the best and brightest students in our communities, providing scholarships to some of these exceptional future leaders is one of my favorite ways to support our customers,” said Martin A. Kropelnicki, Chairman and Chief Executive Officer. To learn more about the scholarship program or to apply, students should visit learnmore.scholarsapply.org/calwaterscholarships. The application period will close on Thursday, March 27, 2025. Winners will be announced by the end of May. Group’s College Scholarship Program is part of the company’s stockholder-funded philanthropic giving program and does not affect customers’ rates. The program is administered by Scholarship America, a 501(c)(3) non-profit organization. To date, Group has provided $755,000 in scholarships to students through the program. About California Water Service GroupCalifornia Water Service Group (NYSE: CWT) is the largest regulated water utility 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 1,200+ 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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