Itron Investor Presentation

BOOKINGS AND BACKLOG >> Q1'23 bookings of $428M » Book to bill of 0.9 $4.6 $4.6 $4.2 $4.1 $3.9 » Ending backlog of $4.6B $2.1 $1.9 $1.6 $1.7 $1.6 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 12-Month Backlog ■Total Backlog Note: Chart in US$ billions, the revenue from Q1'23 12-month backlog may vary based on actual currency rates at time of shipment, supply constraints, and adjusted project schedules timing. Itron ©2023 ITRON PROPRIETARY ITRI Itron Investor Presentation - May 2023 | 12

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