Advanced Drainage Systems Announces Increase in Quarterly Cash Dividend

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May 18, 2023

Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a total annual cash dividend to its shareholders in the amount of $0.56 per share, a 17% increase over the prior year dividend amount.