Badger Meter Announces Key Executive Leadership Appointments to Further Advance Innovation, Growth, Execution and Customer Experience

Badger Meter, Inc. (NYSE:BMI), a global leader in smart water management solutions, today announced a series of executive leadership changes effective January 1, 2026.

Ken Bockhorst, Chairman, President and Chief Executive Officer, stated: "I am excited to announce key executive leadership changes that align our strategic priorities with a management structure designed to expand our market leadership in cellular Advanced Metering Infrastructure (AMI), while growing our BlueEdge® suite of solutions across the entire water cycle.

Over the past five years, we have more than doubled our revenues and profits, broadened our product portfolio and scaled our organization. As part of a larger company, these leadership changes best position us for continued innovation, differentiated execution and robust growth, all while providing a best-in-class customer experience."

Effective January 1, 2026:

Robert A. Wrocklage, who has served as Senior Vice President – Chief Financial Officer for seven years, will be elevated to Executive Vice President – North America Municipal Utility, overseeing applicable sales, marketing, operations, and engineering resources.

Daniel R. Weltzien will be promoted to Vice President – Chief Financial Officer and Treasurer, following seven years as Vice President - Controller. Mr. Weltzien will oversee the Company's financial strategy and management, accounting, external reporting, investor relations and treasury functions, amongst other responsibilities. He has nearly 25 years of progressive experience in corporate finance, including deep experience at both public companies and within public accounting.

On the CFO transition, Bockhorst commented: "Bob has repeatedly demonstrated a natural talent for integrating both financial and operational leadership. His clarity of vision, financial discipline, growth enablement, and operational acumen will greatly benefit the organization. Additionally, Dan has been a key part of our success spanning financial discipline, positive operating results, and accelerating the transformation of Badger Meter into a global leader of smart water management solutions. Bob, Dan and I have more than 15 years of shared professional history, both at Badger Meter and elsewhere, and I look forward to working with both of them in their expanded capacities."

Kimberly K. Stoll will be promoted to Vice President – Customer Support and General Manager – SmartCover. In addition to overseeing North America-based customer care, sales operations and customer success resources, she will assume overall responsibility for SmartCover. Ms. Stoll joined Badger Meter in 2008 and has been instrumental in driving growth, most recently as Vice President – Sales and Marketing in North America.

Matthew L. Stuyvenberg will be promoted to Executive Vice President - SaaS, Global Commercial and International Utility. His responsibilities will include overseeing the applicable sales, marketing, operations, product and software engineering and international support functions.

Christina M. Tarantino will succeed Mr. Weltzien as Vice President - Controller. Ms. Tarantino has been with Badger Meter for the past four years and has 17 years of financial reporting and accounting experience.

Corey T. Williams will transition from General Manager of SmartCover to Senior Director – Business Development, leveraging his collection systems and industry expertise to lead the Badger Meter's business development and M&A activities.

Bockhorst concluded: "These executive leadership changes have been achieved solely through internal promotions and resources, which is a testament to our annual talent management and succession planning processes. I am confident that this enhanced leadership structure will position the Company for the future and build upon our long track record of success."

None of these leadership changes are expected to impact the Company's single-segment operating structure or external product line reporting.

Management further reaffirmed its five-year forward outlook of high-single-digit organic revenue growth, normalized gross margin range of 39-42% and stated capital allocation priorities.

About Badger Meter

With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge^® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world's most precious resource. For more information, visit www.badgermeter.com.

Forward Looking Statements

Certain statements contained in this news release, as well as other information provided from time to time by Badger Meter, Inc. or its employees, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those statements. The words "anticipate," "believe," "estimate," "expect," "think," "should," "could" and "objective" or similar expressions are intended to identify forward looking statements. All such forward-looking statements are based on the Company's then current views and assumptions and involve risks and uncertainties. The Company's results are subject to its ability to develop and manufacture technologically advanced products that are accepted by the market, supply chain risk, legal and regulatory risks, political and general economic risks, risks related to doing business in foreign countries, including foreign currency risk, competition for skilled employees, material and labor cost increases, competitive pricing and operating efficiencies, the effects of climate change, cybersecurity attacks and disruptions to our information technology and the successful integration of acquisitions. See the Company's Form 10-K filed with the SEC for further information regarding risk factors, which are incorporated herein by reference. The Company disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.

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Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com