Slide 1: Q3 2025 Results
Q3 2025 Results November 6, 2025 stoneridge.com stoneridge.com © 2025
Slide 2: Non-GAAP Financial Measures
Q3 2025 Results Non-GAAP Q3 2025 Reported Q3 2025 Adjusted / Non- Financial Measures GAAP Sales $210.3 million - This presentation contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”
Slide 3: Forward-Looking Statements
Q3 2025 Results Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by these statements. Import
Slide 4: Q3 2025 Overview of Achievements
Q3 2025 Results Q3 2025 Overview of Achievements Q3 2025 Highlights • Continued progress across key operating initiatives Sales • Excluding non-operating FX expense of $2.4 million, adjusted EBITDA was $11.7 million, or 5.6% of sales which improved 200 bps vs. Q2 2025* $210M • MirrorEye sales remain
Slide 5: Financial Summary
Q3 2025 Results Q2 2025 vs. Q3 2025 Financial $228.0 $210.3 Summary Sales Q2 2025 Q3 2025 Q3 2025 Key Drivers • Sales outpaced underlying weighted average end-markets by 110 basis points** $48.9 $43.7 • Sales declined by 7.8% vs. Q2 2025 primarily driven by lower customer Adjusted 21.5% 20.8% produc
Slide 6: Commercial Updates MirrorEye
Q3 2025 Results Commercial Updates MirrorEye Awarded MirrorEye program with an additional OEM customer Continued positive momentum across our key end markets MirrorEye Program Award with Additional OEM • Program awarded for a heavy-duty commercial vehicle platform with an additional OEM • Total Prog
Slide 7: Commercial Updates Control Devices
Q3 2025 Results Commercial Updates Control Devices New Control Devices programs awarded in Q3 aligned with hybrid applications - Control Devices remains well-positioned for growth Leak Detection Module – New Program Park Lock Actuator – Program Extension • Second program awarded for Leak Detection M
Slide 8: Financial Update
Financial Update stoneridge.com stoneridge.com © 2025
Slide 9: Q3 2025 Financial Highlights
Q3 2025 Results Q3 2025 Financial Highlights Q3 2025 Adj. EBITDA Performance $2.4 $11.7 Continued operating performance progression $9.3 5.6% 4.4% +200 bps Key Performance Drivers 4.4% vs. Q2 2025* • Adjusted EBITDA, excluding non-operating FX expense of $2.4 million incurred during Q3, was $11.7 mi
Slide 10: Control Devices Performance
Q3 2025 Results Control Devices Performance $’s in USD Millions Q2 2025 vs. Q3 2025 Focus on operating performance as volumes continue to stabilize $72.5 $71.2 Q3 2025 Financial Results • Q3 sales increased by 1.9% vs. Q2 2025 primarily driven by higher sales Sales in the North American passenger ve
Slide 11: Electronics Performance
Q3 2025 Results Electronics Performance $’s in USD Millions Q2 2025 vs Q3 2025 Margin expansion driven by improvement in material, quality and operating costs – customer production headwinds continue $149.6 $128.0 Q3 2025 Financial Results • Q3 sales declined by 14.4% vs. Q2 2025 Sales • Lower custo
Slide 12: Stoneridge Brazil Performance
Q3 2025 Results Stoneridge Brazil Q2 2025 vs. Q3 2025 Performance $’s in USD Millions Continued strong revenue growth and margin expansion $18.9 $15.3 Local OEM business remains strong Sales + 23.5% Q3 2025 Financial Results Q2 2025 Q3 2025 • Q3 sales of $18.9 million increased by 23.5% vs. Q2 2025
Slide 13: Full-year 2025 Guidance Update
Q3 2025 Results Full-year 2025 $’s in USD Millions Full-Year 2025 Revenue Guidance Walk Guidance Update $875 $36 $865 Updating full-year 2025 guidance to reflect Q3 $(46) performance and current market conditions 1.1% reduction to the midpoint vs. 5.3% implied IHS reduction to weighted average end-
Slide 14: Capital Structure Update
Q3 2025 Results $’s in USD Millions Ending Inventory Balances Adjusted Free Cash Flow Capital Structure $31M +$4.3M Update $176.4 improvement $145.4 improvement $16.2 $11.9 Strong focus on cash performance results in year-to-date adjusted free cash flow improvement Capital Structure Update Q3 2024 Q
Slide 15: Q3 2025 Summary
Q3 2025 Results Q3 2025 Summary ~100 bps Maximizing shareholder value Improvement in adjusted operating margin vs. Q2 Review of strategic alternatives for Control Devices is in 2025 process – focused on sale of the business $3.6M / 200 bps Improvement in adjusted EBITDA / margin vs. Q2 Updated 2025
Slide 16: Appendix Materials
Appendix Materials stoneridge.com stoneridge.com © 2025
Slide 17: Balance Sheets
September 30, December 31, (in thousands) 2025 2024 (Unaudited) ASSETS Current assets: Appendix Cash and cash equivalents $ 53,988 $ 71,832 Accounts receivable, less reserves of $583 and $1,060, respectively 153,072 137,766 Inventories, net 145,449 151,337 Prepaid expenses and other current assets 3
Slide 18: Income Statement
Appendix Three months ended Nine months ended September 30, September 30, Income (in thousands, except per share data) 2025 2024 2025 2024 Statement Net sales Costs and expenses: Cost of goods sold $ 210,267 167,498 $ 213,831 169,340 $ 656,109 518,105 $ 690,047 543,459 Selling, general and administr
Slide 19: Statements of Cash Flows
Nine months ended September 30, (in thousands) 2025 2024 OPERATING ACTIVITIES: Net loss $ (25,926) $ (10,410) Adjustments to reconcile net loss to net cash provided by (used for) operating activities: Appendix Depreciation 17,968 19,695 Amortization, including accretion of deferred financing costs 7
Slide 20: Segment Reporting
Three months ended Nine months ended September 30, September 30, 2025 2024 2025 2024 Appendix Net Sales: Control Devices $ 71,629 $ 73,129 $ 210,873 $ 230,186 Inter-segment sales 875 1,160 2,642 2,946 Control Devices net sales 72,504 74,289 213,515 233,132 Segment Electronics 121,496 127,483 398,960
Slide 21: Segment Reporting
Three months ended Nine months ended Appendix September 30, September 30, 2025 2024 2025 2024 Operating (Loss) Income: Control Devices $ 1,198 $ 2,131 $ 4,929 $ 8,020 Segment Electronics 5,871 3,514 14,115 20,434 Stoneridge Brazil 2,684 717 4,238 880 Reporting Unallocated Corporate (A) (13,032) (6,0
Slide 22: Reconciliations to US GAAP
Reconciliations to US GAAP stoneridge.com stoneridge.com © 2025
Slide 23: US GAAP Reconciliations
US GAAP Reconciliations US GAAP Reconciliations This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest G
Slide 24: Reconciliation of Adjusted Gross Profit
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Gross Profit (USD in millions) Q2 2025 Q3 2025 Gross Profit $ 48.9 $ 42.8 Add: Pre-Tax Business Realignment Costs — 0.9 Adjusted Gross Profit $ 48.9 $ 43.7 stoneridge.com stoneridge.com 24 © 2025
Slide 25: Reconciliation of Adjusted Operating Income (Loss)
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Operating Income (Loss) (USD in millions) Q2 2025 Q3 2025 Operating Loss $ (2.6) $ (3.3) Add: Pre-Tax Business Realignment Costs 1.7 2.1 Add: Pre-Tax Strategic Review Costs 1.0 3.7 Add: Pre-Tax Share-Based Compensation Accele
Slide 26: Reconciliation of Adjusted EBITDA
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted EBITDA (USD in millions) Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Income (Loss) Before Tax $ (3.7) $ (6.2) $ (5.6) $ (9.1) $ (9.7) Interest expense, net 3.6 3.4 3.2 3.1 3.8 Depreciation and amortization 8.8 8.3 7.3 7.6 9.5 EBI
Slide 27: Reconciliation of Q3 2025 Adjusted Tax Rate
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Q3 2025 Adjusted Tax Rate (USD in millions) Q3 2025 Tax Rate Loss Before Tax $ (9.7) Add: Pre-Tax Business Realignment Costs 2.1 Add: Pre-Tax Strategic Review Costs 3.7 Adjusted Loss Before Tax $ (4.0) Income Tax Benefit $ (0.3) 3.5 %
Slide 28: Reconciliation of Q3 2025 Adjusted Net Loss and EPS
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Q3 2025 Adjusted Net Loss and EPS (USD in millions, except EPS) Q3 2025 Q3 2025 EPS Net Loss $ (9.4) $ (0.34) Add: After-Tax Business Realignment Costs 1.5 0.05 Add: After-Tax Strategic Review Costs 2.8 0.10 Adjusted Net Loss $ (5.1)
Slide 29: Segment Adjusted Operating Income Reconciliations
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Control Devices Adjusted Operating Income (USD in millions) Q2 2025 Q3 2025 Control Devices Operating Income $ 2.6 $ 1.2 Add: Pre-Tax Business Realignment Costs 0.3 0.3 Control Devices Adjusted Operating Income $ 2.8 $ 1.5 Reconciliat
Slide 30: Reconciliation of Adjusted Free Cash Flow
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Free Cash Flow (USD in millions) YTD Q3 2024 YTD Q3 2025 Net Cash Provided by Operating Activities $ 28.5 $ 25.2 Capital Expenditures, including Intangibles (19.0) (15.7) Proceeds from Sale of Fixed Assets 0.3 0.3 Free Cash F
Slide 31: Reconciliation of Net Debt
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Net Debt (USD in millions) Q4 2024 Q2 2025 Q3 2025 Total Debt $ 201.6 $ 164.4 $ 171.1 Less: Cash and Cash Equivalents 71.8 49.8 54.0 Net Debt $ 129.7 $ 114.6 $ 117.2 stoneridge.com stoneridge.com 31 © 2025
Slide 32: Reconciliation of Adjusted EBITDA for Compliance Calculation
US GAAP US GAAP Reconciliations Reconciliations Reconciliation of Adjusted EBITDA for Compliance Calculation (USD in millions) Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Income (Loss) Before Tax $ 1.9 $ (3.7) $ (6.2) $ (5.6) $ (9.1) $ (9.7) Interest Expense, net 3.8 3.6 3.4 3.2 3.1 3.8 Deprecia
Slide 33: Adjusted Cash and Debt for Compliance Calculation
US GAAP Reconciliations US GAAP Reconciliations Reconciliation of Adjusted Cash for Compliance Calculation (USD in millions) Q1 2025 Q2 2025 Q3 2025 Total Cash and Cash Equivalents $ 79.1 $ 49.8 $ 54.0 Less: 35% of Cash in Foreign Locations (23.3) (13.4) (16.4) Total Adjusted Cash (Compliance) $ 55.
Slide 34: stoneridge.com Stoneridge @StoneridgeInc
stoneridge.com stoneridge.com Stoneridge @StoneridgeInc Stoneridge @StoneridgeInc StoneridgeGlobal © 2025