Slide 1: Richardson Electronics Q1 FY2027 Investor Presentation
Richardson Electronics Q1 FY2027 Investor Presentation October 8, 2026 NASDAQ: RELL
Slide 2: Vision, Mission, Values
VISION To make our world a better, more sustainable place by providing innovative technology solutions. MISSION VALUES We provide solutions that improve our world • We are a diverse family; we take care of our through innovative engineering and people. manufacturing in collaboration with our • We fo
Slide 3: Forward Looking Statement
Forward Looking Statement This overview includes certain “forward-looking” statements as defined by the Securities and Exchange Commission. Statements regarding the Company’s business which are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a di
Slide 4: About Richardson Electronics
About Richardson Electronics
Slide 5: Engineered Solutions
ENGINEERED SOLUTIONS Richardson Electronics (NASDAQ: RELL) designs and manufactures more than 55% of the products it sells for power, microwave, and imaging solutions to industries worldwide. Technical expertise and “engineered Value added solutions through design- Global infrastructure and solution
Slide 6: Key Facts & Figures
Key Facts & Figures Strong balance sheet with robust cash and cash equivalents and no debt Certified experts that are ISO 9001:2015 and ISO 13485:2016 certified 430+ employees with over half in sales, engineering and product management More than 20,000 OEM and end-user customers throughout the world
Slide 7: Our Business Units
Our Business Units Power & Microwave Technology Green Energy Solutions (GES) Canvys (PMT) o FY2026 Revenue: $160.5M (+9.1% YoY) o FY2026 Revenue: $30.8M (+7.3% YoY) o FY2026 Revenue: $37.3M (+12.4% YoY) o Power grid and microwave tubes (EDG) o Designs and manufactures key products for the o Custom d
Slide 8: Growth Strategies
a ee Richardson a ee Electronics am r ss Growth Strategies
Slide 9: Strategy Supported by Strong Core Business, New Products and New Markets
Strategy Supported by Strong Core Business, New Products and New Markets Management has created a strategic plan focused on driving growth and creating sustainable value for shareholders Growth supported by strong core Strategy focused on leveraging core Global footprint supports customers business,
Slide 10: Power Management Roadmap
Power Management Roadmap Long-standing relationships with leading components manufacturers combined with our in-house manufacturing and engineering capabilities supports a multi-year strategy aimed at providing higher value sales Modules System Technology Partners Engineered Solutions Energy Storage
Slide 11: Other Mid-Term Solutions
Other Mid-Term Solutions Four key applications across Power Management (PMT) and Green Energy Solutions (GES) Transportation Industrial Energy Storage Wind/Solar Key Products Key Products Key Products Key Products • Metra Emergency Lighting • LiFePO4 Battery Modules • C&I BESS • Pitcher Energy Modul
Slide 12: FY2026-2028 Wind Turbine Opportunity
FY2026-2028 Wind Turbine Opportunity Customer Problem: Richardson Electronics’ Solutions: Wind turbine manufacturers and operators needed Developed the first ultracapacitor-based plug-and-play an environmentally friendly solution to extend replacement for batteries within wind turbine pitch systems.
Slide 13: Key Customer Testimonial for Patented Pitch Energy Modules
Key Customer Testimonial for Patented Pitch Energy Modules “If you were to ask any wind technician who works on electric pitch systems what the weak link is in the whole system, most would likely say it’s the pitch batteries. Even without looking at the data, any technician knows this, as the task o
Slide 14: Energy Storage Solutions (ESS) Growth Strategy
Energy Storage Solutions (ESS) Growth Strategy New energy storage technologies bring disruptive technologies into niche markets. Leveraging RELL’s Go to Market and Market Opportunity Platform and Capabilities Development Strategies • $32.6 billion global market for battery • Existing technology part
Slide 15: Richardson Energy Storage System — RESS
Richardson Energy Storage System — RESS Accelerating Scale Through Technology Partnerships, Product Development, and Product Support Technology partners Richardson Energy Storage System – RESS Core Energy Storage Platform End-to-End Integration, Product Development and Project Execution Best-In-Clas
Slide 16: RESS Demonstration Site in LaFox, IL
RESS Demonstration Site in LaFox, IL A live C&I energy storage showcase located at the Richrdson Electronics headquarters 2.0 MW / 8.0 MWh Two batter energy storage system containers Customer reference site C&I prospects see RESS operating Use cases on display Peak shaving, demand-charge management,
Slide 17: Key Customers
Key Customers CNCL) |SuZLON| [Invenergy| |{@ee| | RWE € phy = is Rail nergy" “* CF es = ERG ee = 2 Xcel Energy : NexTera eee E-TeM | | transalta} | Nedéve | [iQisShecy| | Meda. Richardson Electronics
Slide 18: FY2027 Expectations
FY2027 Expectations • Semi-wafer Fab Market • Semiconductor wafer fab sales remain strong • Key customers forecasting growth for the remainder of CY2026 and CY2027 • Steady/increasing demand of wind turbine modules • Regular shipments from existing inventory • New significant orders from existing an
Slide 19: Financials
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Slide 20: Financial Highlights
Financial Highlights Quarterly Net Sales Full Year Net Sales $64.9M $228.6M $54.6M $208.9M • First quarter FY2027 net sales increased 18.9% year-over-year, marking the ninth consecutive quarterly year-over-year increase in sales, and the highest quarterly net sales since the third quarter of fiscal
Slide 21: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow • Strong balance sheet with no debt, and $36.9 million in cash August 29, May 30, ($s in 000s) 2026 2026 and cash equivalents Cash and Cash • No borrowings outstanding under $20.0 million revolving line of $36,915 $31,779 Equivalents credit • Completed multi-year inventor
Slide 22: Capital Allocation
Capital Allocation Debt free balance sheet allows for strategic deployment of capital Capital Allocation Strategies Focused on Supporting Long-Term Growth Opportunities Capital Allocation Priorities Investing in Infrastructure and IT Systems $ in thousands • Invested in facility renovations in FY202
Slide 23: Backlog
Backlog Total Company Backlog ($ in millions) $250 • Total backlog at the end of the first quarter of FY2027 was $184.4 million, an increase of $50 million or 36.9% year – over-year, and up 12.2% from the fourth quarter of FY2026. $200 • Backlog at the end of Q1 FY2027 was at its highest level since
Slide 24: Richardson Electronics
Richardson Electronics