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Capitalized terms used but not otherwise defined herein have the meanings set forth in the Company’s Form 10-K.
−Removed: Middlesex Water Company and Lonsk et al.
−Removed: Middlesex Water Company and 3M Company – In 2021, the Company was served with two PFOA-related class action lawsuits seeking restitution for medical, water filter replacement and other claimed related costs.
−Removed: On August 30, 2024, the parties to the Vera et al.
−Removed: Middlesex Water Company (Vera) and Lonsk et al v.
−Removed: Middlesex Water Company ( Lonsk ) litigations entered into a signed Settlement Term Sheet in a step towards resolution of both matters.
−Removed: On March 24, 2025, the parties to Vera and Lonsk entered into a signed Class Action Settlement Agreement.
−Removed: On October 3, 2025, the Court issued an Order Granting Final Approval of the Class Action Settlement Agreement, formally ending these matters, The settlement agreement did not have any material financial or operational impact to Middlesex.
+Added: The Company is a defendant in lawsuits in the normal course of business.
+Added: We believe the resolution of pending claims and legal proceedings will not have a material adverse effect on the Company’s consolidated financial statements.
The information about risk factors does not differ materially from those set forth in Part I, Item 1A.
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.