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Itron Expands Production of Aquadis+ Volumetric Water Meters to Indonesia

Streamlines Delivery Processes, Reduces Environmental Impact and Better Serves East Asian Markets

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, is expanding production of Itron’s Aquadis+ volumetric water meter to Southeast Asia. The meter, which is also manufactured in France, is now being manufactured in Itron’s manufacturing facility in Cikarang, Indonesia. Expanding the manufacture of the Aquadis+ water meters to Asia will better serve Itron customers and meet the growing Aquadis+ water meter demand in Asia Pacific countries, including Vietnam, Singapore, Indonesia and Malaysia.

The Aquadis+ volumetric water meter has proven to be a long-term performance meter that is highly efficient and maximizes accuracy in measuring water volumes. Aquadis+ is smart metering ready, which allows utilities to seamlessly mount Cyble communication modules at their convenience. The meter is designed to maintain accuracy, and allows for easy cleaning, ensuring reliability in its operations. Among its many benefits, the Aquadis+ protects utilities revenue due to its high accuracy, even at low flow rates, over its lifespan.

Itron is enhancing customer service and sustainability with the Aquadis+ by beginning to manufacture the meter in Itron’s Indonesia facility. This facility already manufactures 2 million other Itron water meters a year and can further increase production to 3.5 million Itron water meters a year. Producing Aquadis+ closer to Itron’s Asia Pacific customers increases pricing adaptability and reduces the environmental impact associated with delivering the water meters.

“Manufacturing the Aquadis+ water meter in Southeast Asia reinforces Itron’s commitment to our customers in the region,” said Paul Nelsen, vice president of sales, APAC at Itron. “This is an important step to achieve faster turnaround time for delivery and service of the water meters and allows us to reduce freight costs, adapt quickly to local requirements and fully utilize the ASEAN Free Trade Area.”

“With more than 20 million units of Aquadis+ volumetric water meters installed globally, local production significantly reduces the shipping journey, improving time to delivery for our customers and minimizing the environmental impact associated with transportation,” said Justin Patrick, senior vice president of Device Solutions at Itron. “This volumetric water meter ensures accuracy, reliability and adaptability to various installation scenarios. The meter also enables digitization at the time of installation or as customers transition to smart metering. We are thrilled to expand our Aquadis+ water meter manufacturing locations to include Asia.”

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

Additional Resources

Contacts

Itron, Inc.

Alison Mallahan

Senior Manager, Corporate Communications

509-891-3802

PR@Itron.com

David Means

Director, Investor Relations

737-242-8448

Investors@itron.com

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