IMPORTANT ANNOUNCEMENTS

2018 Third Quarter Results Announcement

10/25/2018 1:00 PM (ET) or 10:00 AM (PT)

Eric W. Thornburg – President and Chief Executive Officer

James P. Lynch – Chief Financial Officer and Treasurer

San Jose Water Company’s Conservation Efforts in Response to the Governor’s Drought Declaration

Some statements contained in these presentations constitute "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1934. These forward looking statements are based on current expectations and rely on a number of assumptions concerning future events, and are subject to a number of uncertainties and other factors, many of which are outside our control, that could cause actual results to differ materially from such statements. Important factors that could cause or contribute to such differences include, but are not limited to, those described in our most recent reports on Form 10-K, Form 10-Q, and Form 8-K filed with the SEC. SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.