March Sales Update TRAVIS SMITH

March 2018 Sales Update TRAVIS SMITH

E-Register SRII - accustream These updated datasheets are available on WebDam and ZebraPrint. The following additional Electronic Register+ collateral is now available: SR II Datasheet: https://sensus.webdamdb.com/bp/#/folder/1680167/14375995 SR II Sensus.com Product Page: https://sensus.com/products/sr-ii-meters/ accustream Datasheet: https://sensus.webdamdb.com/bp/#/folder/1680167/14376036 accustream Sensus.com Product Page: https://sensus.com/products/accustream/ Electronic Register+ Datasheet: https://sensus.webdamdb.com/bp/#/folder/1680167/66920318 Electronic Register+ Customer Presentation: available on Distributor Portal 2

New Smart Water Alarms Alarm Register Removal Magnetic Tamper High Flow Customer Leak Reverse Flow Battery Alarms Detects Register not connected to the meter body Detects magnetic field interference that could impact performance. Broken pipes to reduce property damage from excessive flow rates Continual consumption over a period of time to detect downstream leaks Reverse flow to keep untreated water from re-entering your distribution system or deter tampering attempts Near End-of-Life: Triggered after 20.5 years after Manufacture End-of-Life: Triggered after 21.0 years after manufacture Low battery voltage alert : Measured low voltage Meters available in Smart or Normal Mode 3

Demo Mode Update interval is accelerated when the register lid is opened. During the accelerated detection period, magnetic tamper is sampled once every minute at the top of the minute. Detection takes two sample periods to trigger the alarm (61-180 seconds in accelerated mode). If the lid stays open, the accelerated detection period lasts for seven minutes after the lid is opened. If the lid closes before the seven-minute timeout, the accelerated detection period lasts for three more minutes after the lid closes. After the accelerated detection period alarm time threshold is set back to two hours and sampling goes back to happening once per hour at the top of the hour. 4

Hardware Serial Number 2 D Bar Code (Not QR Code) Laser Etched in top of Register Manufacturing Bar Code Under Glass All chamber magnets are ceramic to increase chloramine resistance. 5

Ordering-1 Solution Needs for Features FieldLogic 6.7 SmartPoint FW 1.9 RNI 4.2 Meters available in Smart or Normal Mode 1 2 3 4 5 6 7 8 9 Product Size Service Bottom Plate/ Cap Screw Register Cable Division Plate "C" Options S SR II X No Option Selected 1 5/8" - 7.5" Lay Length X Potable 1 Cast Iron/ Stainless Steel X No Register X No Cable D Rubber X No Options Requested 2 5/8 x 3/4" - 7.5" Lay Length R Reclaim 3 Bronze/ Stainless Steel 1 Removable Direct Read (DR) 1 ECRWP 3-wire 6' P Plastic 1 Less TouchPad/TRPL Housing 3 3/4" S - 7.5" Lay Length 5 Plastic/ Stainless Steel 2 Electronic (Inside-set with 3 terminal screws) 2 ECRWP 3-wire 25' 3 DR Plastic (Bonnet/Lid) 4 3/4" - 9" Lay Length A Cast Iron/ 1 Drilled Stainless Steel 3 Electronic (Pit-set) 3 ECRWP 3-wire 50' 4 DR Bronze (Bonnet/Lid) 5 1" - 10.75" Lay Length B Bronze/ 1 Drilled Stainless Steel 5 ECRWP 3-wire 100' C Plastic/ 1 Drilled Stainless Steel 6 Itron 5 D Cast Iron/ 2 Drilled Stainless Steel 7 Itron 25 E Bronze/ 2 Drilled Stainless Steel 8 TRPL 6' F Plastic/ 2 Drilled Stainless Steel A TRPL 20' B TRPL 50' C TRPL 100' F Nicor 5' G Nicor 20' H Nicor 50' 6 Meter Mode Smart Point for Alarms RNI for Alarms Third Party Normal FW 1.7 or lower* 4.1 or Lower* All Smart FW1.9 and greater 4.2 and greater Alarms Not Compatible * If smart mode is applied to these versions, ID and Read will transmit.

Ordering -2 Solution Needs for Features FieldLogic 6.7 SmartPoint FW 1.9 RNI 4.2 Meters available in Smart or Normal Mode 10 11 12 13 14 15 Consumption Units of Measure AMR Digits Spare AMR/AMI Mode Labeling Custom/Default X No Register X None selected X No Options Requested X Normal Mode (Third Party Systems) X No Options Requested C Custom G Gallons A 98765432 S Smart Mode (Sensus AMI/AMR) 0 Use MFG S/N for Register ID D Default F Cubic Feet B 9876543* 1 Use Customer S/N for Register ID M Cubic Meters C *8765432 2 Use Customer S/N on Body C Imperial Gallons D 987654** 3 Use Customer S/N on Lid E *876543* 4 Use Customer S/N for Register ID and on Body F **765432 5 Use Customer S/N for Register ID and on Lid G 98765*** 6 Use Customer S/N on Body and Lid H *87654** 7 Use Customer S/N for Register ID and on Body and Lid J **76543* 8 Special Customer text file K ***65432 9 Reg ID preceded by 00 to equal 10 digits L 9876**** M *8765*** N **7654** P ***6543* Q ****5432 R DR 0.1 m3 S DR.01 m3 (5/8 meters only) T DR,01 m3 NOM 16MM (5/8 ) U DR,1 m3 NOM 19MM (3/4 ) V DR,1 m3 NOM 25MM (1 ) 7

Ordering - Defaults 16 17 18 19 20 21 22 23 Interval Data Persistence Period Customer Leak Magnitude Customer Leak Duration High Flow Alarm High Flow Alarm Duration Reverse Flow Alarm Magnitude Reverse Flow Duration H Hourly 8 8 Days A 0.25 GPM 2 24 Hours A 20.00 GPM A 1 hour A 1.00 gallon A 1 min 2 2 Hour 3 35 Days B 0.50 GPM 4 48 hours B 25.00 GPM B 2 hours B 2.00 gallons B 2 min D Daily 4 45 Days C 0.75 GPM 7 72 hours C 30.00 GPM C 3 hours C 4.00 gallons C 4 min X None 6 65 Days D 1.00 GPM X None D 35.00 GPM D 4 hours D 6.00 gallons D 6 min 9 95 Days E 1.25 GPM E 40.00 GPM E 8 hours E 8.00 gallons E 8 min X None F 1.50 GPM F 45.00 GPM F 12 hours F 10.00 gallons F 10 min G 1.75 GPM G 16 hours G 0.10 CF G 15 min H 2.00 CF/HR H 20 hours H 0.20 CF H 30 min J 4.00 CF/HR J 160.00 CF/HR J 24 hours J 0.40 CF J 60 min K 6.00 CF/HR K 200.00 CF/HR X None K 0.60 CF X None L 8.00 CF/HR L 240.00 CF/HR L 0.80 CF M 10.00 CF/HR M 280.00 CF/HR M 1.00 CF N 12.00 CF/HR N 1.30 CF P 14.00CF/HR P 0.005 M3 Q 0.050 M3/HR Q 4.500 M3/HR Q 0.010 M3 R 0.100 M3/HR R 5.700 M3/HR R 0.015 M3 S 0.150 M3/HR S 7.900 M3/HR S 0.020 M3 T 0.200 M3/HR T 8.000 M3/HR T 0.025 M3 V 0.250 M3/HR X None V 0.030 M3 W 0.300 M3/HR W 0.035 M3 Y 0.350 M3/HR Y 0.040 M3 Z 0.400 M3/HR X None X None 8

Ally Ally Sales Kit with 1 ally meter w/ 6 TRPL cable 1 520 smart point 1 valve cutaway 1 ally user manual Packed in branded carrying case for distributors and internal use only. Dividend dollars applicable. PN 584-65-555-00001 Distributor Price: $USD List price $ 700, net price $420 Lead time 2-4 weeks 9

Ally Configuration Hardware and UOM/Digits X 1 2 3 4 5 6 Product Size Feature Service Labeling Cable V ally 1 5/8" - 7.5" Lay Length S Sensors Only X Potable X No Options Requested X No Cable X 2 3/4" S - 7.5" Lay Length V Remote Shut Off Valve and Sensors R Reclaim 1 Use Customer S/N for Register ID 1 6 TR/PL cable (2-wire) S 3 3/4" - 9" Lay Length F Fire Service 2 Use Customer S/N on Body Cover 2 25 TR/PL cable (2-wire) 4 1" - 10.75" Lay Length 3 Use Customer S/N for Register ID and on Body Cover 3 3 terminal screws 5 5/8 x 3/4" - 7.5" Lay Length 4 3-wire with 6 cable (plain end) 5 3-wire with 25 cable (plain end) 6 Itron connector with 5 cable 7 Itron connector with 25 cable 8 6 TR/PL cable (3-wire) 9 25 TR/PL cable (3-wire) A 5 Nicor cable B 20 Nicor cable C 50 Nicor cable X 7 8 9 10 11 Accessories AMR/AMI Mode Consumption Units of Measure AMR Digits Custom/Default X No Options Requested X Normal Mode (Third Party Systems) G Gallons A 98765432 8WHL 0.1G 0.01CF 0.001M3 C Custom S Smart Mode (Sensus AMI/AMR) F Cubic Feet B 9876543* 7WHL 1G 0.1CF 0.01M3 D Default M Cubic Meters C *8765432 7WHL 0.1G 0.01CF 0.001M3 C Imperial Gallon D 987654** 6WHL 10G 1.0CF 0.1M3 E *876543* 6WHL 1G 0.1CF 0.01M3 F **765432 6WHL 0.1G 0.01CF 0.001M3 G 98765*** 5WHL 100G 10CF 1M3 H *87654** 5WHL 10G 1.0CF 0.1M3 J **76543* 5WHL 1G 0.1CF 0.01M3 K ***65432 5WHL 0.1G 0.01CF 0.001M3 L 9876**** 4WHL 1000G 100CF 10M3 M *8765*** 4WHL 100G 10CF 1M3 N **7654** 4WHL 10G 1.0CF 0.1M3 P ***6543* 4WHL 1G 0.1CF 0.01M3 Q ****5432 4WHL 0.1G 0.01CF 0.001M3 10 Customer Spec Needed if Custom

Defaults Interval Data Persistence Pressure Units High Pressure Alarm Low Pressure Alarm Pressure Alarm Temperature HighTemperatur Low Temperature 5 15 min 8 8 Day P PSIG A 300 PSIG A 25 PSIG A 1 min F Farenheit A 80 F A 32 F A 1 min 3 30 min 3 35 Day B BarG B 250 PSIG B 30 PSIG B 2 min C Celsius B 75 F B 35 F B 2 min H Hourly 4 45 Day C 200 PSIG C 35 PSIG C 4 min C 70 F C 40 F C 4 min 2 2 Hour 6 65 Day D 150 PSIG D 40 PSIG D 6 min D 26 C D 0 C D 6 min D Daily 9 95 Day E 100 PSIG E 45 PSIG E 8 min E 24 C E 2 C E 8 min F 90 PSIG F 2.00 BarG F 10 min F 22 C F 4 C F 10 min G 80 PSIG G 2.25 BarG G 15 min G 20 C G 15 min H 20.00 BarG H 2.50 BarG H 30 min H 30 min J 17.00 BarG J 2.75 BarG J 60 min J 60 min K 14.00 BarG K 3.00 BarG L 10.00 BarG M 7.00 BarG N 6.00 BarG 11

Defaults -2 Customer Leak Customer Leak High Flow Alarm High Flow Alarm Reverse Flow Alarm Reverse Flow A 0.25 GPM 2 24 Hours A 20.00 GPM A 1 hour A 1.00 GPM A 1 min B 0.50 GPM 4 48 hours B 25.00 GPM B 2 hours B 2.00 GPM B 2 min C 0.75 GPM 7 72 hours C 30.00 GPM C 3 hours C 4.00 GPM C 3 min D 1.00 GPM D 35.00 GPM D 4 hours D 8.00 CF/HR D 4 min E 1.25 GPM E 40.00 GPM E 8 hours E 16.00 CF/HR E F 1.50 GPM F 45.00 GPM F 12 hours F 32.00 CF/HR F G 1.75 GPM G 50.00 GPM G 16 hours G 0.300 M3/HR G H 2.00 CF/HR H 55.00 GPM H 20 hours H 0.600 M3/HR H J 4.00 CF/HR J 160.00 CF/HR J 24 hours J 0.900 M3/HR J K 6.00 CF/HR K 200.00 CF/HR K L 8.00 CF/HR L 240.00 CF/HR L M 10.00 CF/HR M 280.00 CF/HR M N 12.00 CF/HR N 400.00 CF/HR N P 14.00CF/HR P 440.00 CF/HR P Q 0.050 M3/HR Q 4.500 M3/HR Q R 0.100 M3/HR R 5.700 M3/HR R S 0.150 M3/HR S 6.800 M3/HR S T 0.200 M3/HR T 7.900 M3/HR T V 0.250 M3/HR V 11.400 M3/HR V W 0.300 M3/HR W 12.400 M3/HR W Y 0.350 M3/HR Y Y Z 0.400 M3/HR Z Z 12

13 FlexNet SaaS Promotional Program

FlexNet SaaS set up and integration fees waived Introducing program to reduce first year start up fees For a limited time, we are waiving the following fees for new customers: RNI set up fee SA set up fee SA Integration fee Purpose: Drive new business RadioRead WB/DB conversions to fixed Base Helps with ally and Smart Gateway Reduce first year start up fees 14

Cost Savings Cost Savings $25,000 $20,000 $15,000 Savings $10,000 $5,000 $- 2,500 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Number of Services Water only- based on distributor pricing 15

Target Accounts and Eligibility requirements Eligible New business competitive accounts Accounts early in the sales process May have objected to first year starts up fees Drive by customers looking to upgrade to fixed base All w/g/e accounts Accounts with <35k services Not eligible Accounts late in the sales funnel order pending Closed accounts order in process 1.X and 2.X customers Regional Directors must approve 16

Program details (high level) Targeted for new business Accounts with < 35k services RNI/SA only customers w/g/e and/or combo accounts Eligible accounts and orders must be approved by Regional Directors Special promotion code will be required with order entry At a minimum, infrastructure, RNI and SA must be shipped and installed by December 31, 2018 PIN will be distributed next week with full details 17

SaaS Promotional Program 18