Global Water Resources Reports Results of Director Election

PHOENIX, May 07, 2021 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ: GWRS), (TSX: GWR), announced that the nominees listed in the Proxy Statement, dated March 29, 2021, for the 2021 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company. As of the March 17, 2021 record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 22,587,996 shares of common stock were outstanding and eligible to vote. A total of 19,197,507 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:

 Votes For% of Total Shares
Voted
 Votes Withheld% of Total
Shares Voted
 Broker Non-
Votes
% of Total
Shares Voted
Ron L. Fleming18,292,901  95.29%  114,499  0.60%  790,107  4.12% 
Richard M. Alexander15,020,223  78.24%  3,387,177  17.64%  790,107  4.12% 
Debra G. Coy15,719,846  81.88%  2,687,554  14.00%  790,107  4.12% 
Brett Huckelbridge18,210,361  94.86%  197,039  1.03%  790,107  4.12% 
David Rousseau18,300,515  95.33%  106,885  0.56%  790,107  4.12% 
Jonathan L. Levine18,291,189  95.28%  116,211  0.61%  790,107  4.12% 
Andrew M. Cohen18,275,545  95.20%  131,855  0.69%  790,107  4.12% 

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, 2021 was ratified. The results of the vote were as follows:

Votes For% of Total
Shares Voted
 Votes Against% of Total
Shares Voted
 Abstentions% of Total
Shares Voted
 Broker Non-
Votes
% of Total
Shares Voted
19,166,09099.84%  3,6110.02%  27,8060.14%  —% 

About Global Water Resources

Global Water Resources, Inc. is a leading water resource management company that owns and operates 16 utilities which provide water, wastewater, and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually.

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 by owning and operating water, wastewater, and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. TWM includes additional 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. To learn more, visit www.gwresources.com.

Company Contact:
Michael J. Liebman
SVP and CFO
Tel (480) 999-5104
mike.liebman@gwresources.com

Investor Relations:
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
GWRS@cma.team


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