Press Release: Global Water Resources Reports Results of Director Election

Dow Jones
昨天

PHOENIX, May 18, 2026 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ: GWRS), a pure-play water resource management company, announced that the nominees listed in the Proxy Statement, dated March 31, 2026, for the 2026 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company.

As of the March 17, 2026 record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 28,763,634 shares of common stock were outstanding and eligible to vote. A total of 24,858,154 shares were voted in person or by proxy at the meeting.

The results of the vote for the election of the Directors at the Meeting were as follows:

 
                           % of Total                 % of Total 
                             Shares        Votes        Shares       Broker 
               Votes For    Voted(1)      Withheld     Voted(1)     Non-Votes 
Ron L. 
 Fleming       18,859,704       94.97%       998,259        5.03%    5,000,191 
Richard M. 
 Alexander     19,014,243       95.75%       843,720        4.25%    5,000,191 
Andrew M. 
 Cohn          18,912,938       95.24%       945,025        4.76%    5,000,191 
Brett 
 Huckelbridge  18,816,674       94.76%     1,041,289        5.24%    5,000,191 
Jonathan L. 
 Levine        18,909,892       95.23%       948,071        4.77%    5,000,191 
David 
 Rousseau      19,073,276       96.05%       784,687        3.95%    5,000,191 
Christa 
 Steele        18,951,969       95.44%       905,994        4.56%    5,000,191 
 

In addition, at the Meeting, the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified.

The results of the vote were as follows:

 
            % of                  % of                    % of 
            Total                 Total                   Total 
            Shares     Votes      Shares                  Shares     Broker 
Votes For   Voted      Against    Voted      Abstentions  Voted      Non-Votes 
24,784,691   99.70%     48,943      0.19%      24,520       0.09%       -- 
 

In addition, at the Meeting, approval on an advisory basis, of the compensation of the Company's named executive officers was approved.

The results of the vote were as follows:

 
            % of                  % of                    % of 
            Total                 Total                   Total 
            Shares     Votes      Shares                  Shares     Broker 
Votes For   Voted(1)   Against    Voted(1)   Abstentions  Voted(1)   Non-Votes 
19,038,451   95.87%     777,639     3.91%      41,873       0.21%    5,000,191 
 

(1) Percentages of total shares voted are calculated based on the number of shares entitled to vote on the applicable proposal and exclude broker non-votes, which are not considered votes cast for Proposals 1 and 3.

About Global Water Resources

Global Water Resources, Inc. is a leading water resource management company that owns and operates 39 systems which provide water, wastewater, and recycled water utility service. The company's service areas are located primarily in growth corridors around metropolitan Phoenix and Tucson. Global Water recycles over 1 billion gallons of water annually with 19.8 billion gallons recycled since 2004.

The company has been recognized for its highly effective implementation of Total Water Management $(TWM)$. TWM is an integrated approach to managing the entire water cycle that involves owning and operating water, wastewater and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. It enables smart water management programs such as remote metering infrastructure and other advanced technologies, rate designs, and incentives that result in real conservation. TWM helps protect water supplies in water-scarce areas experiencing population growth.

Global Water has received numerous industry awards, including national recognition as a 'Utility of the Future Today' for its superior water reuse practices by a national consortium of water and conservation organizations led by the Water Environment Federation. The company also received Cityworks' Excellence in Departmental Practice Award for demonstrating leadership and creativity in applying public asset management strategies to daily operations and long-term planning.

To learn more, visit www.gwresources.com.

Company Contact:

Michael J. Liebman

CFO and SVP

Tel (480) 999-5104

mike.liebman@gwresources.com

Investor Relations:

Ron Both or Grant Stude

Encore Investor Relations

Tel (949) 432-7450

GWRS@encore-ir.com

(END) Dow Jones Newswires

May 18, 2026 17:45 ET (21:45 GMT)

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