York, Pennsylvania, May 5, 2025 – The York Water Company (NASDAQ: YORW) announced today that Mr. Paul R. Bonney, Esq. was unanimously elected as Chairman of the York Water Company Board of Directors during the board’s reorganization meeting. Mr. Bonney succeeds George W. Hodges, who has served as a Director since 2000, and most recently as Chairman of the Board from 2023-2025.

Mr. Bonney has served as a Director with York Water since 2022. He is an energy-industry consultant and adjunct professor of business law and energy and sustainability at Clemson University. Mr. Bonney holds a law degree from Georgetown University Law School and a B.A. in Economics from Duke University. In addition, he is an advisory board member of the Kleinman Center for Energy Policy at the University of Pennsylvania. Mr. Bonney’s professional experience as counsel to utilities across the sector and his experience in rate and regulatory strategy, will continue to be of great benefit to The York Water Company’s Board of Directors.

“Paul has been an incredible Director for The York Water Company,” said Mr. Hodges. “As Chairman, Paul will lead the Board of Directors and the Company with a clear focus on strategic capital placement and expanding our superior value proposition for all our stakeholders. Paul understands and embraces the history and culture of York Water and will continue to build on our legacy. Today was a proud day as I passed the gavel, knowing that our Company is in Paul’s most-trusted hands.”

“York Water was honored to welcome Paul as a Director three years ago and he has fulfilled our every expectation. His leadership and expertise have been invaluable as we navigate the rapidly changing water and wastewater industry and operate in a complex regulatory environment. I am confident Paul has the insight, the aptitude, and the commitment to move York Water forward as we work together to meet the needs and expectations of our many stakeholders in everything we do,” said JT Hand, President and CEO.

President Hand continued, “Chairman Hodges’ leadership at The York Water Company has spanned an incredible 25 years. Elected to the board in 2000, we have been fortunate to have George twice serve as our Chairman, from 2011-2021, and then again from 2023-2025. His commitment to York Water is unsurpassed and he has been instrumental in supporting and guiding our Company to record operational and financial success. Chairman Hodges’ business acumen, his leadership and relationships honed across decades in our community and his commitment to serving with grace and humility, are his hallmarks. We are forever grateful for his remarkable dedication to our Company and our community.”

The York Water Company provides water and wastewater services to over 210,000 people in 57 municipalities in Adams, Franklin, Lancaster, and York counties.