Gentex Corporation · NASDAQ:GNTX
Gentex — Shareholder Meeting (May 2015)
13 slides from Gentex's shareholder meeting presentation, May 21, 2015
Slide 1: 2015 Annual Meeting of Shareholders
Confidential | ©2015 Gentex Corporation 2015 Annual Meeting Of Shareholders 21 May 2015 Exhibit 99.1
Slide 2: Safe Harbor for Forward-Looking Statements
Safe Harbor Safe Harbor for Forward-Looking Statements This annual report contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements contained in this communication that are not purely historical are fo
Slide 3: Gentex Corporation - Overview
Gentex Corporation - Overview Established: 1974 Ownership: GNTX – NASDQ Global Select Market Operations: – Headquarters & Manufacturing - Zeeland, MI – Sales & Logistics – England, France, Sweden, Germany, Japan, Korea, China Products: – Automotive Auto-Dimming Rearview Mirrors – Automotive Electron
Slide 4: Corporate Milestones
Corporate Milestones 1980 1990 2000 2010 2020 1998: Acquisition: CMOS Camera Technology from Photobit 1982: Inside Electro-Mechanical Rearview Mirror 1987: Inside Electro-Chromic Rearview Mirror 1991: Outside Electro-Chromic Rearview Mirror 1997: Outside Convex and Aspheric Electro-Chromic Rearview
Slide 5: Global Auto-Dimming Application Rates
IEC IEC OEC OEC 2001 2014 Global Auto-Dimming Application Rates IEC – Interior Electrochromic (Auto-Dimming) Mirrors OEC – Exterior Electrochromic (Auto-Dimming) Mirrors Confidential | ©2015 Gentex Corporation $310MM Sales 39.3% Gross Margin 26.4% Operating Margin 21% Net Income $1,376MM Sales 39.2%
Slide 6: Performance Awards
Performance Awards Confidential | ©2015 Gentex Corporation BMW 2011 Innovation Award - SmartBeam Fiat Chrysler 2011 Outstanding Performance Award Chrysler Platinum Pentastar Award Chrysler Gold Pentastar Award Global Supplier Award 2003 + 2005 Ford 2013 Technology Award – ADAS Total Quality Excellen
Slide 7: 2015 Growth Driver – Inside Frameless Mirrors
2015 Growth Driver – Inside Frameless Mirrors Mirrors as sophisticated as the technology they deploy All-new frameless designs
Slide 8: 2015 Growth Driver – Outside Mirrors
©2015 Gentex Corporation Curved Glass – Convex – Aspheric – Flat-to-Curve Turn Signals Blind Spot Warning Lights Approach Lighting 2015 Growth Driver – Outside Mirrors
Slide 9: 2015 Growth Driver – HomeLink Vehicle-to-Home Automation
2015 Growth Driver - HomeLink® Vehicle-to-Home Automation – Garage door openers – Security gates – Home lighting – Appliances and more Wide Variety of Integration Options Accessory Module (Wired) Accessory Module (Battery) Knock-Out Module
Slide 10: 2015 Growth Driver – SmartBeam
2015 Growth Driver – SmartBeam® Gentex-designed CMOS imagers, cameras, and software algorithms allow for customized ADAS Mirror-integrated for optimal performance and packaging New Gen 4 imager provides ADAS functionality: – Auto High Beam – Dynamic Forward Lighting – LED Matrix Beam – Fog Detection
Slide 11: Future Growth Driver – New Markets
Future Growth Driver – New Markets Applying Gentex new products into new markets – Motorcycles – Agricultural vehicles – Powersports (ATVs, snowmobiles, etc.) – Lawn tractors Products/Technologies: – HomeLink® – SmartBeam® – Video Display and Camera Systems – Electronics and Electro-Chromics
Slide 12: Future Growth Driver – Full Display Mirror
Future Growth Driver - Full Display Mirror Dual modes: – Mirror Mode – operates as a standard auto-dimming mirror; fails safe – Display Mode – rear video display for optimal rear vision New Gentex-designed Gen 4 high dynamic range imager – Each pixel determines its own exposure – Ensures brightest a
Slide 13: Thank You
Thank You