Slide 1: Methode Electronics Earnings Presentation
Methode Electronics Earnings Presentation Fourth Quarter & Fiscal Year 2026 June 25, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities • Risks related to our exposure to technological change, customer concentration, and cyclical demand Litigation Reform Act of 1995 that reflect, when made, our current views
Slide 3: FY26 Overview
FY26 Overview FY26 TRANSFORMATION HIGHLIGHTS FY26 FINANCIAL HIGHLIGHTS STRENGTHENED THE FOUNDATION Harmonized operating practices, improved discipline and installed a strong FY26 NET SALES FY26 FREE leadership team $1,019M CASH FLOW* $16M IMPROVED EXECUTION Down 3% ~$31M improvement Drove operationa
Slide 4: Transformation Journey
Transformation Journey Transformation Journey Where We Are 0-6 Months 6-12 Months 12-18 Months+ Stabilize the Base - Drive Launch Execution Install New Team - Revamp Mexico and - Diagnose Operations and Supply Remediate Practices Egypt Plants Chain - Build Executive Team - Address Inventory Manageme
Slide 5: FY26: Meaningful Transformation Progress Across Key Priorities
FY26: Meaningful Transformation Progress Across Key Priorities FY26: Meaningful Transformation Progress Across Key Priorities TEAM STRATEGIC ACTIONS OPERATIONS Leadership and capabilities strengthened across key growth areas Portfolio repositioned around higher-growth, core power solutions Execution
Slide 6: Transformation Progress is Enhancing Customer Relationships
Transformation Progress is Enhancing Customer Relationships Transformation Progress is Enhancing Customer Relationships IMPROVED CUSTOMER RESPONSIVENESS REBUILDING CREDIBILITY WITH CUSTOMERS Our internal transformation is delivering better experiences and stronger results for our customers Earning T
Slide 7: Power Solutions
Power Solutions Power Solutions HIGHLIGHTS Net Sales ($ Millions) OUTLOOK BY MARKET EXPERIENCE ~30% CAGR DATA CENTER Leveraging 60+ years of power $400 • Accelerating USMCA capability expansion distribution engineering expertise • Rotating resources from other segments to support growth while applyi
Slide 8: Financial Overview
Financial Overview NET SALES PERFORMANCE NET SALES BRIDGE (FY25 to FY26) Q4’26 NET SALES Q4’26 YOY CHANGE 1,048.1 36.3 (63.0) 22.5 (24.6) 1,019.2 $298.1M +15.9% FY26 NET SALES FY26 YOY CHANGE $1,019.2M -2.8% FY25 Net Sales Currency Volume/Mix Customer Recoveries Portfolio Refinements FY26 Net Sales
Slide 9: Results By Segment
Results By Segment AUTOMOTIVE INDUSTRIAL INTERFACE NET SALES OPERATING INCOME NET SALES OPERATING INCOME NET SALES OPERATING INCOME Q4’26 $144.9M $6.0M Q4’26 $151.4M $33.6M Q4’26 $1.8M $(0.4)M vs. PY +28% +118% vs. PY +14% +28% vs. PY -84% -127% FY26 $467.7M $(30.1)M FY26 $524.3M $114.6M FY26 $27.2M
Slide 10: Effectively Allocating Capital
Effectively Allocating Capital Free Cash Flow ($M)* Cash & Cash +$31 million $15.6 $140M Equivalents ($15.2) FY 25 FY 26 $22M FY26 Capex NET DEBT ($M)*(1) 13% Reduction YoY $214.0 FY26 Returned $185.4 $8M to Shareholders FY 25 FY 26 Focused on robust free cash flow generation to support further net
Slide 11: Capital Allocation Framework
Capital Allocation Framework 1 2 3 4 STRENGTHEN FUND CORE REINVEST RETURN BALANCE SHEET OPERATIONS SELECTIVELY CAPITAL Strengthen our financial Ensure safe, reliable and Invest in high-ROI opportunities Return capital to shareholders foundation and maintain efficient operations that that drive growt
Slide 12: FY27 Priorities & Guidance
FY27 Priorities & Guidance FY27 GUIDANCE RANGE ($ Millions) OPERATIONS • Continue improving manufacturing performance Drive Consistent • Further optimize manufacturing and supply chain Net Sales $1,025 to $1,075 Execution • Continue reducing costs and driving inventory efficiency Adjusted EBITDA $72
Slide 13: FY 2027 Guidance
FY 2027 Guidance FY27 SALES GUIDANCE NET SALES BRIDGE (FY26 → FY27) | +3% vs. FY26 • Sales growth +8% Y/Y, excluding FY26 actions of FY26 Actions ($45M) $1,050 • Data center growth +$50M $1,019 • Commercial vehicle market growth • Other reflects the net of other volume and mix FY26 Portfolio Refinem
Slide 14: Thank You
AETHODE ELECTRONICS Thank You
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement the company's financial statements presented in accordance with generally accepted accounting principles in the United States (“GAAP”), Methode uses Adjusted Net Income (Loss), Adjusted Earnings (Loss) Per Diluted Share, Adjusted Pre-Tax Income (Loss), Adjus
Slide 16: Appendix
METHODE ELECTRONICS, INC. AND SUBSIDIARIES Appendix RECONCILIATION OF NON-GAAP MEASURES (unaudited) (in millions) Three Months Ended Fiscal Year Ended May 2, 2026 May 3, 2025 May 2, 2026 May 3, 2025 (13 Weeks) (13 Weeks) (52 Weeks) (53 Weeks) EBITDA: Net income (loss) $ 0.4 $ (28.3) $ (35.7) $ (62.6
Slide 17: Appendix
Appendix METHODE ELECTRONICS, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES (unaudited) (in millions, except per share data) Three Months Ended May 2, 2026 (13 Weeks) May 3, 2025 (13 Weeks) Diluted Diluted Income Pre-tax Income Pre-tax Net income income Net income income (loss) from inco