Itron Investor Presentation

2023 GUIDANCE Revenue of $1.85 $1.95 billion » ~6% growth at the midpoint Non-GAAP diluted EPS of $0.70 - $1.10 » ~6% growth at the midpoint (normalized @ 28% tax rate for both years) Assumptions: o Euro/USD of $1.05 Effective non-GAAP tax rate of ~28% o Average diluted shares outstanding of ~45.7 million Itron ©2023 ITRON PROPRIETARY ITRI Itron Investor Presentation - February 2023 | 16

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