Itron Investor Presentation

Q1'23 OUTLOOK Revenue of $460 - $475 million Non-GAAP diluted EPS of $0.05 - $0.15 o Includes one-time $2M tax adjustment which drives the effective non-GAAP tax rate to a range of ~40 - 60% Itron ©2023 ITRON PROPRIETARY ITRI Itron Investor Presentation - February 2023 | 17

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