FIRST AMENDMENT TO THE SAN JOSE WATER COMPANY SPECIAL DEFERRAL ELECTION PLAN (October 23, 2012 Amendment and Restatement, Effective as of January 1, 2013)

WHEREAS, San Jose Water Company (the “Company”) maintains the San Jose Water Company Special Deferral Election Plan (the “Plan”);

WHEREAS, SJW Corp., the corporate parent of the Company, will be merged with and into SJW Group, Inc., a Delaware corporation, which thereafter will change its name to SJW Group, for the purpose of changing the state of incorporation of SJW Corp. from California to Delaware (collectively, the “Merger”); and

WHEREAS, the Company wishes to amend the Plan to reflect the Merger.

NOW, THEREFORE, the Plan is hereby amended as follows to be effective upon consummation of the Merger:

3.04    “Change in Control” shall mean a change in ownership or control of the Corporation or a change in ownership or control of SJW Group, a Delaware corporation (“SJW Group”) which occurs while SJW Group is the beneficial owner (as determined pursuant to Rule 13d-3 of the 1934 Act) of securities that possess more than fifty percent (50%) of the total combined voting power of the Corporation’s outstanding voting securities.

2.Except as expressly modified by this First Amendment, all the terms and provisions of the Plan shall continue to remain in full force and effect.

IN WITNESS WHEREOF, the Company has caused this First Amendment to be executed on this 26th day of October, 2016.