2026-ISS-662_SS_316_Att_A.pdf

March 4, 2026

Mr. Andy Ward Sarasota County Public Utilities 1001 Sarasota Center Blvd Sarasota, FL 34240

RE: Sole Source Letter

Dear Mr. Ward:

This letter will confirm that Badger Meter is the sole source provider of E-Series® Ultrasonic Meters, Recordall® Disc Meters, Recordall Compound Series/Combo Meters, Recordall Turbo Series Meters, HR-E® Encoders, HR-E LCD Encoders, BEACON® SaaS, BEACON Mobile Reading Solutions, ORION® Endpoints, Syrinix PIPEMINDER Solutions, Syrinix RADAR® Software, Badger Meter Analytical Product Lines and Mag Meters for the Sarasota County Public Utilities.

For additional information, please see attached Exhibit A.

In the event you have any questions regarding this correspondence, we can be reached by telephone at 800-876-3837 or by email at proposals@badgermeter.com.

Sincerely, BADGER METER, INC.

Matthew B. Gieseke Assistant Secretary and Proposal Lead

E-Series® Ultrasonic Meters, Recordall® Disc Meters, Recordall Compound Series/Combo Meters, Recordall Turbo Series Meters, HR-E® Encoders, HR-E LCD Encoders, BEACON® SaaS, BEACON Mobile Reading Solutions, ORION® Endpoints, Syrinix PIPEMINDER Solutions, Syrinix RADAR® Software, Badger Meter Analytical Product Lines and Mag Meters

EXHIBIT A

1. LONGEST CUSTOMER RELATIONSHIPS

Thames Water, serving the London metropolitan area and Thames Valley region in England, initiated its collaborative research with Syrinix in 2004. Thames Water became Syrinix's inaugural commercial customer in 2009. Over the years, Thames Water continues to consistently demonstrate its commitment to leveraging our technology by maintaining an ongoing partnership that includes the deployment of over 900 sensors.

Vitens, the largest water utility in the Netherlands, began its partnership with Syrinix in 2013 and remains a valued customer to this day, benefitting from a network of 15 sensors strategically placed to enhance its operations.

Anglian Water, serving Eastern England, started working with us in 2016, swiftly adopting our technology to the extent of deploying more than 1,500 sensors.

Cobb County Marietta Water Authority, a steadfast Syrinix customer since 2016, currently manages a network of 37 devices.

WaterOne, situated in Kansas City, Kansas, initiated its collaboration with Syrinix in 2017, bolstering its operations with a network of 27 sensors that continue to support its mission.

East Bay Municipal Water District, headquartered in Oakland, California, also began its partnership with Syrinix in 2017, and today, benefit from the strategic placement of 168 sensors.

2. PIPEMINDER-ONE and RADAR DIFFERENTIATORS

Global statistics reveal a staggering daily loss of 91 billion gallons of drinking water due to leaks, underscoring the urgency of the matter. Various factors, such as pressure surges and transients, contribute to pipeline stress. Our leak and pressure sensing systems play a pivotal role in the proactive maintenance of critical assets by detecting and responding to these events. These proactive measures hold the promise of substantially reducing water loss, mitigating pipeline bursts, and extending the lifespan of invaluable assets.

PIPEMINDER-ONE solutions integrate pressure and acoustic sensors with edge computing cellular endpoints, enhancing operational response management. This intelligence empowers utilities to swiftly identify and localize events like sudden breaks, water theft, or malfunctioning assets such as pumps and valves. Moreover, it fosters a proactive approach to predictive asset management within drinking water and wastewater networks. PIPEMINDER-ONE products seamlessly integrate into various network locations, complementing the pressure data collected through our E-Series® Ultrasonic meters.

PIPEMINDER-ONE Acoustic represents a significant advancement in leak and burst detection on supply pipelines. By combining precise leak correlation with high-resolution pressure monitoring in a single unit, users gain access to data-driven insights that expedite event response, ultimately saving time and resources. This innovative solution equips network operators with the tools to swiftly identify, rectify, and prevent leaks and bursts. Furthermore, these sensors can seamlessly integrate with third-party sensors, including our water quality sensors, demonstrating the versatility and compatibility of our solutions, thereby facilitating comprehensive water system monitoring and management.

RADAR, our cloud-based sensor software, collects, analyzes, and alerts on water network data from pressure and flow loggers, water quality sensors, SCADA systems, and third-party data loggers and data platforms. By combining multiple data types and sources from across yournetwork, our RADAR-based analysis tools provide a new level of detailed insights into network operation and behavior. The web platform also sends immediate notifications of potentially damaging events, with high-resolution pressure data immediately uploaded for the user viewing from the period before, during, and after the event are sent.

The PIPEMINDER-ONE and RADAR products have a number of benefits that differentiate this solution from those offered by competitors. These benefits include the following:

• Access to larger research and development budgets to support the ongoing development of cutting-edge technology that meets the evolving needs of SCPU

• A wider range of products and services can be offered, enabling utilities to address all their water management needs in one place

• Greater scalability of PIPEMINDER-ONE technology, enabling deployment across larger networks and providing more comprehensive coverage

• A larger and more experienced team of experts to provide support and assistance to clients, ensuring that their needs are met, and their water management challenges are addressed

3. BADGER METER COMPANY OVERVIEW

Please see the next few pages for an overview of Badger Meter.

Badger Meter: Driven By More Than a Century of Innovation in the Water Industry Over the past 120 years, Badger Meter has been delivering solutions that enable water utilities to capture revenue, reduce costs, mitigate risk, improve customer satisfaction, enhance sustainability and optimize asset management.

Our innovative measurement, communication and software solutions deliver data and insights that empower utilities to optimize the efficiency of their entire operations—because every drop counts. We are proud to offer BlueEdgeTM. BlueEdge is a revolutionary suite of solutions designed to enhance operational visibility and optimization of system assets. Leveraging our meters, sensors, monitors, communication devices, software and services, BlueEdge brings a comprehensive measurement system spanning the entire water cycle that delivers operations clarity and insights enabling water utilities to take action and increase customer satisfaction. The comprehensive BlueEdge suite covers applications including Drinking Water Treatment, Environmental Monitoring, Customer Water Usage, Wastewater Treatment, Distribution and Collection System Monitoring and more. As we move forward into a new era of water management challenges and opportunities, Badger Meter remains dedicated to driving progress through advanced technology and sustainable practices that ensure a better future for communities around the globe.

Beyond our product and services offerings, our company is deeply committed to fostering strong, long-term relationships with our utility customers. We take pride in the positive impact that our partnerships have on our customers, as we work collaboratively to meet their needs. Our products are rigorously tested and adhere to global standards, ensuring their effectiveness and reliability. In addition, as a founding member and active participant in the American Water Works Association (AWWA), we contribute to setting the industry standards for water measurement in the United States.

Meet BlueEdge BlueEdge unifies our comprehensive suite of offerings. Rather than being a single product, BlueEdge serves as an umbrella that covers a broad and growing set of solutions, combining advanced technology with actionable data to optimize water management.

BlueEdge is a revolutionary suite of solutions designed to enhance visibility and optimization of water assets leveraging our meters, communication devices and sensors, software and services to create a comprehensive offering for water utilities, enhancing operations across the entire water cycle.

Every utility has unique needs when choosing a smart water solution. With BlueEdge, utilities can customize and scale their selections to match specific requirements. Each implementation of BlueEdge is unique, allowing customers to build tailored solutions as they grow. Whether serving hundreds or millions, the BlueEdge suite provides the right solution for every utility.

Our BlueEdge Portfolio1

Badger Meter offers future-proof technologies for water utilities to manage their systems effectively. Our advanced flow measurement and control solutions meet both commercial and residential needs. We provide an expanded product portfolio addressing billing, meter data collection, conservation, distribution efficiency, asset management, revenue protection and customer engagement.

Badger Meter is a trusted partner dedicated to sustainability and customer-focused solutions. We shape water management’s future with advanced measurement systems and analytics, ensuring efficient utility operations and reduced risk. Our unwavering commitment to quality, sustainability, and continuous improvement underpins our advanced metering, analytics, tailored software, and service support. Backed by a strong financial foundation and industry leadership, we deliver long-term resilience for communities worldwide. Every drop counts, and we’re committed to making a positive impact. Join Badger Meter in driving sustainable water solutions for generations to come.

1 Badger Meter offers many more products through our BlueEdge platform than what is depicted in this image. To explore the complete range of Badger Meter products, please visit https://www.badgermeter.com/blueedge/.

Company Background and Financial Strength Badger Meter has been a leader in water technology for over a century. Founded in 1905 with our headquarters in Milwaukee, Wisconsin, USA, we employ more than 2,500 people across our global network of manufacturing facilities, innovation centers, sales offices and distribution warehouses.

As an NYSE-listed, publicly traded company, Badger Meter (“BMI”) has a consistent track record of financial strength and ample capacity to support the needs of our clients. Our annual reports disclose our historical financials and demonstrate a history of stable growth. Due to the comprehensive nature of our annual reports, we kindly request that <<clientshort>> download our most recent annual report here.

Our strong performance in 2025 positions us for a bright future of continued robust financial performance and growth in 2026 and beyond. As demand for innovative water management solutions grows, Badger Meter leads the way in addressing critical challenges through advanced digital technology and actionable insights. Our President, CEO, and Chairman of the Board, Kenneth Bockhorst, best articulates this vision:

“Customers are increasingly looking to Badger Meter for solutions to their varied water challenges such as conservation, resiliency and aging workforces. Badger Meter is focused on solving these challenges by building out our digital solutions – providing usable information and actionable insights through software solutions that make sense of the vast amounts of data our instruments (e.g. meters) and sensors (e.g. water quality, pressure) provide on a near real time basis.”

Our Vision Statement Deliver comprehensive and scalable water management solutions that measure and protect the world’s most precious resource.

This vision centers on our valued customers and provides them with innovative, sustainable and reliable products, software and services. As Badger Meter has evolved, we have built our strategy upon the ideals of intentional growth while actively investing in R&D and acquisitions that enhance our solutions and expand our geographic presence. We will continue to make investments in innovation, software, production capacity and acquisitions to build on the differentiated value we deliver to customers in addressing the many challenges faced by the water industry.

Our Core Values

Responsibility: Ensure safety and care for employees, communities, and the environment.

Excellence: Drive excellence by meeting commitments and continuously improving.

Collaboration: Leverage diverse perspectives, treating everyone with dignity.

Customer Focus: Demonstrate passion for customer priorities.

Trust: Act honestly, ethically and with integrity.

These core values reflect our commitment to doing what is right for people, customers and the environment. Responsibility means creating a safe workplace, caring for local communities and protecting natural resources. Excellence is shown by honoring commitments and always looking for ways https://investors.badgermeter.com/financials/annual-reports-and-proxy-statements/default.aspx https://investors.badgermeter.com/financials/annual-reports-and-proxy-statements/default.aspx to improve. Collaboration is built on respect for others and the belief that diverse viewpoints lead to better outcomes. Customer focus means understanding what matters most to customers and working hard to meet their needs. Trust is earned through honesty, strong ethics and integrity. Together, these values shape a positive culture focused on quality and accountability.

Qualifications and Experience Smart Measurement Badger Meter has been a trusted provider of water meters for over 120 years, consistently delivering reliable design, manufacturing, and supply solutions.

As a leading manufacturer of nutating disc and ultrasonic meters, we have provided millions of water meters for thousands of customers in the US, including utilities, authorities, water districts, and privatized water entities.

Although “Meter” has always been a part of our company name and will continue to be so, we have expanded beyond the meter to address the myriad of challenges faced by the water industry.

With our “Choice Matters” philosophy, utilities have access to the industry’s broadest range of smart measurement hardware, allowing solutions to be tailored to best meet the utility’s needs. In addition to a variety of metering, flow and level monitoring technologies, we provide water quality monitoring solutions that feature both optical sensing and electrochemical instruments that deliver near real-time monitoring of up to 40 critical water quality parameters. The valuable data generated from these devices is seamlessly available in our BEACON® Software as a Service (SaaS) platform enabling users to view critical information to aid in taking action from anywhere in the field.

Furthermore, our pressure, acoustic leak detection, and network monitoring hardware empower utilities with valuable real-time monitoring capabilities. These state-of-the-art sensors transmit high-frequency data to our proprietary network management software ensuring utilities receive alerts regarding pressure fluctuations, potential leaks, and various network-related issues. By harnessing this technology, utilities can engage in proactive asset management, significantly enhancing their ability to maintain infrastructure integrity and prevent costly disruptions.

Finally, sewer and lift station sensors provide collection network data used to identify changes in patterns, alerting utilities to potential issues, including predicting, detecting and preventing sewer overflows or spills. In addition, it reduces the need for high-frequency cleaning, locates areas of inflow and infiltration, detects intrusion and assists with managing toxic sewer gases.

Badger Meter is A leader in water technology innovation. Since

1905, we have pioneered solutions to the toughest water challenges.

Communication Modules Since the introduction of our first AMR system in June 1986, Badger Meter has consistently delivered reliable communication solutions, deploying millions of our flagship ORION® endpoints for thousands of customers. Our commitment to advancing utility operations has empowered utilities, authorities, water districts, industrial users, commercial entities, and privatized water organizations to enhance their services through innovative technology.

Badger Meter recognized the challenge utilities were facing in implementing complex AMI systems and developed a solution to enhance operations while simplifying this process. In 2014, Badger Meter was the first to introduce a cellular-based AMI solution for North American water utilities, solidifying our status as an industry leader. Three years later, in 2017, Badger Meter released its first LTE-M endpoint, which has since been integrated into 5G standards.

ORION Cellular endpoints offer a robust and secure solution designed to adapt to customer needs.

ORION Cellular Network as a Service (NaaS) leverages direct endpoint communication with existing cellular infrastructure, without the need for utility-owned or -managed data collectors, gateways or repeaters. In this “greener” approach to AMI, ORION Cellular NaaS eliminates operating expenses associated with designing, permitting, installing, repairing, and troubleshooting a separate proprietary fixed network and infrastructure. In fact, with ORION Cellular NaaS, the only components needed for communication—the meter and endpoint—can be held in your hands. Flexible implementation strategies and scalability ensure that ORION Cellular endpoints can effectively support your requirements both now and as they evolve in the future. The cellular network enhances data communication to be more efficient, scalable and secure.

Badger Meter is at the forefront of security in smart water technology, as evidenced by our ORION Cellular endpoints being the first certified device under the IoT Network Certified for Smart Connected Infrastructure™ program by Ericsson and CTIA. This certification positions the ORION Cellular endpoint as a benchmark for quality and security in connected infrastructure applications, ensuring a robust and secure smart metering foundation for utilities and smart water customers by addressing both the device and data transmission across wireless networks into our cloud software.

Software and Analytics We provide a suite of comprehensive and tailorable software solutions designed to enhance the management of water systems through essential data, insights and analytics. Our journey began in 2014 with the launch of BEACON SaaS and EyeOnWater®, to efficiently manage “meter-to-cash” and customer service operations. Since its release, we have further developed and successfully deployed thousands of systems throughout North America, empowering our customers with actionable, transformative data that goes beyond billing.

Badger Meter is:

The leading supplier of cellular-based endpoints and leading supplier of NaaS installations

Badger Meter is ISO 27001-certified, and our Information

Security Management System undergoes a

SOC 2 Type 2 examination annually.

Our cloud-based software, RADAR®, complements this offering by delivering actionable analytics that help utilities extend network lifespan and enhance reliability. It offers utilities targeted leak evaluations and high-resolution pressure monitoring, promoting a deeper understanding of potential failure risks. Our network calming tool enables quick mitigation of future failures with a single solution.

In addition, the data collected via our Remote Telemetry Units (RTUs) hardware is seamlessly streamed into our Remote Monitoring platform. This provides utilities with enhanced visibility and situational awareness, facilitating a better understanding of the operational and engineering impacts within their distribution and wastewater networks. As a result, our software supports informed decision-making for capital improvements and operational planning, driving efficiency and effectiveness in water management.

At Badger Meter, we recognize the critical importance of securing utility data and take our responsibility to protect it very seriously.

To uphold this commitment, we undergo an annual ISO 27001 certification and a SOC 2 (Service Organization Control) Type 2 examination of our Information Security Management System (ISMS). These rigorous assessments reflect our dedication to minimizing information security risks and building trust with our customers.

Collaboration and Support At Badger Meter, we understand that seamless operations are crucial for success. That's why we provide comprehensive service and support designed to ensure your new system functions smoothly and efficiently. With a rich history spanning over a century in the water industry, our dedicated team brings unparalleled expertise to the table. We offer tailored training and deliver solutions specifically crafted to meet the utility's unique requirements.

As a reliable partner, we are deeply committed to fostering success with all our solutions.

Our professional services provide utilities with essential support, ensuring a smooth transition from AMI deployment to operational readiness. Our tiered program offers strategic guidance, expert monitoring, and personalized assistance, enhancing system performance and optimizing water management. We empower teams through training opportunities, fostering continuous learning to drive long-term success.

Rest assured, we will be with you at every stage of your smart water journey, ready to assist whenever needed.

Training

Badger Meter is dedicated to comprehensive training for utility personnel throughout the project. We cover various departments, including customer service, field personnel and leadership, with training delivered in-person and virtually. Our programs are designed to deliver measurable outcomes, including a reduction in truck rolls, customer complaints, and water loss, while simultaneously improving billing accuracy. Our training modules equip personnel to effectively address utility-specific challenges with our tailored solutions, ensuring that team members are better prepared to enhance overall utility operations. Additionally, Badger Meter

Badger Meter is A dependable partner, wholeheartedly dedicated to ensuring the success of our customers in every endeavor.

Academy, our online training tool, offers pre-recorded video modules for ongoing learning, assisting in onboarding and reinforcing employee knowledge for greater value from our solutions.

Customer Community

Badger Meter ENGAGE is an informative and interactive customer community tailored specifically for water utilities. Not only does ENGAGE foster innovation and shape the future of smart water solutions, it also empowers utilities to do the same. ENGAGE is the perfect platform to connect with a vibrant network of like-minded water professionals, engage in meaningful discussions, share valuable insights and lessons learned, and stay updated on the latest product and solution advancements from Badger Meter.

Badger Meter is committed to enhancing the user experience by improving the intuitiveness, accessibility, and functionality of our growing offerings based on user feedback from ENGAGE and usability studies.

Members can attend three meeting types through an annual in-person ENGAGE Live Conference covering product info, training, and testimonials; in-person events at AWWA ACE and WEFTEC conferences; and virtual member webinars. All sessions are open to active members with advanced registration.

Our Advisory Board, composed of engaged utility representatives, plays a crucial role in guiding our initiatives and ensuring we meet the needs of our members. If <<clientshort>> would like to know more about these customers and their experience with Badger Meter, we would be happy to facilitate introductions through your selection process.

Turnkey Installations

Badger Meter offers extensive experience in deploying AMI systems with comprehensive project management support. Our Turnkey Operations team streamlines implementation while ongoing technical assistance ensures that any arising issues are promptly addressed.

The Badger Meter Turnkey Operations team (TK-Ops) has successfully managed turnkey deployments as small as 100 services and as large as 400,000+ services, with implementation project durations ranging from a few weeks to five years. As a trusted partner, our TK-Ops team members work alongside utility teams to ensure proper installation and implementation and provide support for troubleshooting.

Industry Involvement Badger Meter and our employees are active participants and contributors to the following industry-related organizations:

Organizational Involvement

• AWWA Water Loss Conference

• AWWA Water Infrastructure Conference

• SWAN Smart Water Conference

• Smart Water Summit

• National Rural Water Conference

• United States Conference of Mayors

• AWWA/WEF Utility Management Conference

• WEFTEC (Water Environment Federation's Technical Exhibition and Conference)

• AWWA Water Quality Technology Conference https://www.badgermeter.com/engage-customer-community/

Key Certifications Meters: NSF Part 61/NSF 372, as applicable Fire Service Meters: UL, FM as applicable Endpoints: FCC Part 15, Industry Canada RSS-102

ORION Cellular is the first smart water device to be certified under the IoT Network Certified for Smart Connected Infrastructure™ program.

ISO Certifications: ISO 9001/ISO_IEC 17025/ISO 27001/ISO 14001 Security: BEACON is SOC 2 examined against the trust service principles:

security, availability, and confidentiality.

National Recognition

Badger Meter projects have been recognized by Smart Cities Connect for innovation in smart technology solutions. The Smart20 Awards annually recognize the top 20 transformative smart infrastructure projects globally. We invite <<clientshort>> to explore the following links, which contain case studies along with embedded video presentations that provide detailed insights into the project.

• 2025 Smart20 Award – Limestone County Water and Sewer Authority Smart Utility Project

• 2024 Smart20 Award – City of Galveston Sustainable Interactive Customer Connections Project

• 2020 Smart50 Award, Urban Operations – Columbia, S.C. Meter Upgrade Project “From hundreds of applicants and over one dozen countries, the Smart 50 Award review committee selected the project laid out by Columbia, South Carolina and Badger Meter because it innovatively tackles water infrastructure challenges,” said Laura Benold, managing editor for Smart Cities Connect Media & Research. “Not only does their smart approach solve operational challenges for the municipality, it also empowers residents.”

In conclusion, the recognition received by Badger Meter projects from esteemed platforms like Smart Cities Connect underscores our dedication to pioneering smart technology solutions that address pressing challenges that utilities face. These achievements not only validate our efforts but also highlight our ongoing commitment to delivering reliable, scalable, and future-ready solutions that empower communities and enhance urban living. As we look ahead, we remain focused on driving transformative change through innovative technology, ensuring a sustainable future for all.

Top 100 Sustainable Companies The Badger Meter organization is a leader in both promoting and enabling sustainability, making a significant and measurable impact by helping customers worldwide conserve precious resources with our solutions while driving sustainable operational practices with our engaged and dedicated workforce. We are proud that Badger Meter has repeatedly been recognized by Barron's as being one of the top 100 sustainable companies in the U.S. To earn this recognition, Badger Meter was compared to 1,000 other publicly traded companies and ranked across 230 environmental, social, and governance https://ctiacertification.org/program/iot-network-certified-program/ https://www.badgermeter.com/case-studies/limestone-transforms-water-management-with-blueedge/ https://www.badgermeter.com/case-studies/limestone-transforms-water-management-with-blueedge/ https://www.badgermeter.com/blog/galveston-texas-ami-upgrade/ https://www.badgermeter.com/blog/galveston-texas-ami-upgrade/ https://www.badgermeter.com/case-studies/columbia-water-leverages-ami/ https://www.badgermeter.com/case-studies/columbia-water-leverages-ami/

(ESG) performance indicators, such as board structure, business ethics, workplace diversity, greenhouse-gas emissions and water stewardship.

As another example of our commitment to sustainability, in February 2025 the Badger Meter facility in Nogales, Sonora, Mexico was the first manufacturing site to receive the Environmental Compliance Certificate from the Environmental Prosecutor's Office (PROAES). This certification requires an environmental audit evaluating environmental management, water conservation and control and waste reduction and minimization, among other topics. We are now pursuing the highest certification level— Environmental Excellence—demonstrating our ongoing commitment to continuous improvement in environmental matters.

We were also included in USA TODAY’s 2025 America’s Climate Leaders ranking, which uses public data to rank companies making a significant effort to reduce their carbon footprint. We are proud to receive this recognition and will continue to support our customers with solutions that protect the world’s most precious resource

More than 40 years ago, Badger Meter published “Our Corporate Conscience,” outlining how we translated our vision, values and products into a company culture that focuses on the triple bottom line of people, planet and profits. We have long recognized our responsibility as a company to reduce our own impact on the environment and contribute to solutions that preserve and protect the world’s most precious resource. We actively promote sustainability across three key pillars:

• With our industry-leading smart water solutions, we enable customers to be more efficient, effective and sustainable throughout the water cycle.

• Within our own operations we aim to reduce our overall environmental impact and engage our suppliers and other partners to do the same.

• With our people we are attracting, retaining, and engaging a collaborative and diverse team aligned with our vision to make every drop—and every employee—count.

For further details on Badger Meter sustainability efforts, <<clientshort>> is invited to read our latest sustainability report by clicking here.

Badger Meter is proud to be a trusted leader in smart water technology, backed by more than a century of innovation and customer-focused solutions. Our commitment to quality, sustainability, and continuous improvement drives everything we do—from advanced metering and analytics to tailored software and service support. We remain focused on helping utilities across the globe manage water more efficiently, reduce risk, and ensure long-term resilience. With a strong financial foundation, a legacy of industry leadership, and a forward-thinking approach, Badger Meter is well-positioned to support communities now and in the future. We understand that every drop counts, and we are committed to making a positive impact.

https://www.badgermeter.com/sustainability-and-ethics/