Itron authorizes new $250M share repurchase program, prior $100M program fully utilized

ITRON, INC.

Board authorized $250M repurchase over 18 months, effective Nov 10, 2025.
From Nov 3-6, 2025, Itron repurchased 942,577 shares for $100M under prior program.
Repurchases will be in open market and may follow Rule 10b5-1 plans.
Program may be suspended or commenced without notice based on market conditions.

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