Affinity Water Finance PLC

(the "Company")

£10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

£60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

£250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

£85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

£60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

£190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

issued by the Company and guaranteed by Affinity Water Limited ("Affinity Water")

2 October 2023

Affinity Water submits five-year business plan to Ofwat

Affinity Water has submitted its five-year Business Plan for 2025 - 2030 to water industry regulator, Ofwat.

Affinity Water's Business Plan details the action the company will take to address the significant challenges posed by climate change, demand for water, population growth and to take care of the environment.

Affinity Water said, "It is our most ambitious plan to date and represents an investment of £2.12 billion between 2025 - 2030 to ensure we can meet the challenges we face and take care of our environment for our communities now and in the future."

For further information please visit our website: https://www.affinitywater.co.uk/corporate/plans/business-plan

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

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