YO PENNICHUCK®
March 30, 2022
ANNUAL REPORT TO THE SOLE SHAREHOLDER
Dear Shareholder:
The Annual Meeting of Pennichuck Corporation (“Pennichuck” or the “Company”) will be held
at 9:00 a.m. on Saturday, May 7, 2022, at the Compuny’s Distribution Facility, 16 Daniel
Webster Highway. Mcrrimack, New Hampshire.
COPY — FOR INFORMATION ONLY
VO PENNICHUCK:
PROXY CARD
PENNICHUCK CORPORATION
PROXY for Annual Meeting of Sole Shareholder - May 7, 2022
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
Sarah Pillsbury
(Director Since: N/A)
Ms, Pillsbury retired in 2020 from the New Hampshire Department of Environmental
Services (NHDES), where she held a number of positions, focused primarily on the
protection and enhancement of New Hampshire’s drinking water and groundwater. Prior to
her retirement, from 2006 to 2020, Ms. Pillsbury was the Administrator of the Drinking
Water and Groundwater Bureau at the NHDES. Ms. Pillsbury holds a Bachelor of Science
degree in Resource Economics from the University of New Hampshire.
Amymarie R, Corriveau
(Director Since: N/A)
of New Hampshire (for which his certification is currently in an inactive status).
Mr. Goodhue’s base annual salary beginning as of April 1, 2021 was $226,353.
Donald L. Ware, Chief Operating Officer
Mr. Ware has been the Chief Operating Officer of Pennichuck Crrporation since
benefit plans, other than those under the purview of the Board of Directors or other designated
committees; and developing a succession plan for the Chief Executive Officer and senior
management and making recommendations for succession to the Board of Directors. The
Compensation and Benefits Committee held 4 meetings in 2021, either virtually or in person.
www.pennichuck.com, under the “Board of Directors - Meetings, Minutes and Corporate
Governance” caption.
The current members of the Board Committees are as follows:
Communications Committee
Audit. Finance and Risk Committee
Jay N. Lustig, Chairman
James P. Dore
James P. Dore, Chairman
C. George Bower
H. Scott Flegal
Thomas J. Leonard
Deborah Novotny
Thomas J. Leonard
Deborah Novotny
Preston J. Stanley, Jr.
Nominating and Governance Committee
Corporate Governance Matters
Current Board of Directors. the Pennichuck Corporation Board of Directors ts divided into
three classes, each class serving for three years following their election and until their successors
have been elected and qualified.
The number of directors is currently fixed at cleven. Of the eleven dircetors, four have terms
ending in 2022 (Class A), four have terms ending in 2623 (Class B), and three have terms ending
in 2024 (Class C).
The current members of the Company's Board of Dircctors are as follows.
January 11,2011. The New Hampshire Public Utilities Commission approved the Merger
Agreement on November 23, 2011, concluding that “the transaction is in the public interest and
will not have an adverse effect on rates, terms, service, or operation of the utilities.”
ZZ PENNICHUCK*
PENNICHUCK CORPORATION
25 Walnut Street
Nashua, New Hampshire 03060
PROXY STATEMENT
20622 Annual Meeting of Sole Shareholder
To be Held on Saturday, May 7, 2022, at 9:00 a.m. at
Pennichuck’s Distribution Facility, 16 Daniel Webster Highway, Merrimack, NH
