Investor Presentaiton

m. JJJ Badger Meter Enjoys a Strong Market Position in NA with Significant Customer Diversity Across Utilities Due to Our Differentiated Advantages Brass and polymer Mechanical and static (ultrasonic) Broadest Range of Offerings - Choice Matters . • Drive by, fixed and cellular radio technology Technology Leadership . ORION Cellular - leverages existing infrastructure, flexible, coverage >50K Water Utilities in US Utility Size and their Share of Meter connections Innovation . SaaS with BEACON/EyeOnWater - actionable data for utility and homeowner Ultrasonic expertise • Remote actuating flow restriction valve Real-time water quality sensing - optical and electrochemical Network monitoring - high frequency pressure / acoustics Large 400 45% High Service Levels and Customer Support • - Strong brand preference – long term relationships / loyalty . Channel coverage - regional service center and local distribution to cover smaller utilities Mid 4,000 35% ● Highly trained Solution Architect, customer care and field technology support Low Lifecycle Costs . Highly accurate and quality products / low warranty • Exceptional battery life . Leverage existing cellular technology network Small 45,000+ 20% © 2023 Badger Meter, Inc. 15

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