WAAS - AquaVenture Holdings Announces Appointment of Debra Coy to the Board of Directors and Resignation of Brian O'Neill from the Board of Directors

AquaVenture Holdings Limited (NYSE: WAAS) (“AquaVenture” or the “Company”), a leader in Water-as-a-Service^TM (“WAAS^TM”) solutions, announced today that Debra G. Coy has been appointed to the Company’s Board of Directors. In addition, Brian O’Neill has resigned from his position on the Company’s Board of Directors due to his recent appointment as the Chief Operating Officer and Executive Vice President of the Inter-American Development Bank.

Doug Brown, Chairman of the Board of Directors, commented: “We are very excited to welcome Debra to AquaVenture’s Board of Directors, and believe her experience and expertise in the water and financial services industries will bring invaluable perspective to our Board. We would also like to both congratulate Brian on his recent appointment and thank him for his time, commitment and contributions to AquaVenture over the past 5 years. We wish him continued success in his future endeavors.”

Ms. Coy has served as a partner with XPV Water Partners, the largest water-focused growth equity fund in North America, since 2015 and as an advisor to the firm from 2010 to 2015. From 2010 to 2015, she served as a principal of Svanda & Coy Consulting, providing strategic capital markets advisory services for water sector investors, corporations and municipal utilities. Before 2010, she led coverage of the global water sector as managing director of the capital markets group at Janney Montgomery Scott and held senior equity research positions at the Stanford Washington Research Group, Schwab Capital Markets, HSBC Securities and National Westminster Bank. In addition, Ms. Coy has served on the board of directors of Global Water Resources, Inc. (NASDAQ: GWRS) since May 2018 and Willdan Group, Inc. (NASDAQ: WLDN) since March 2018. From 2013 until 2016, Ms. Coy served as a non-executive director for Headworks International, Inc., a wastewater treatment technology firm. Ms. Coy has also served as co-chair of the Water Environment Federation’s Global Water Strategies Council. She received a B.A. in English and Journalism from Southern Adventist University in Tennessee and an M.A. in Journalism from the University of Maryland.

About AquaVenture

AquaVenture is a multinational provider of WAASâ„¢ solutions that provide customers a reliable and cost-effective source of clean drinking and process water primarily under long-term contracts that minimize capital investment by the customer. AquaVenture is composed of two operating platforms: Quench, a leading provider of filtered water systems and related services with over 140,000 units installed at institutional and commercial customer locations across the U.S. and Canada; and Seven Seas Water, a multinational provider of desalination and wastewater treatment solutions, providing more than 8.5 billion gallons of potable, high purity industrial grade and ultra-pure water per year to governmental, municipal, industrial and hospitality customers.

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