Slide 1: Q4 and Year End FY2025 Financial Results Conference Call
Q4 and Year End FY2025 Financial Results Conference Call August 15, 2025 Nasdaq: STRT Jennifer Slater President and CEO Matthew Pauli Senior Vice President and CFO www.strattec.com
Slide 2: Safe Harbor Statement
Safe Harbor Statement Safe Harbor Statement Certain statements contained in this presentation contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as “an
Slide 3: Strattec Q4 FY2025 Quarter and Fiscal Year Highlights
OPERATIONAL CASH FLOW: Generated $30.2 million in Q4 • FY2025 cash from operations of $71.7 million Strattec REVENUE GROWTH: Primarily driven by strategic pricing and higher demand Q4 FY2025 • Q4 FY25 revenue up $9.0 million, or 6.3%, to $152.0 million • FY 2025 5% revenue growth reflects net new pr
Slide 4: Transformation: Creating Shareholder Value
Transformation: Creating Shareholder Value EXECUTE PLAN TO DELIVER VALUE CASH SUPPORTS TRANSFORMATION EFFORT • Simplify organization including 15% headcount reduction ($ in millions) • Modernize infrastructure and systems $84.6 • Implement best-in-class processes • Strengthen operational discipline
Slide 5: Strong Customer Relationships & Diverse Products
Strong Customer Relationships & Diverse Products ($ in millions) NET SALES GROWTH Q4 FY25 SALES BY CUSTOMER 10% $565.1 $537.8 28% $152.0 GM 13% $143.1 Ford Stellantis Tier 1 13% Com'l & Other Hyundai/Kia 13% 23% Q4 FY24 Q4 FY25 FY 2024 FY 2025 Q4 FY25 SALES BY PRODUCT Q4 FY25 net sales up $9.0 milli
Slide 6: Higher Gross Profit and Margin Expansion
Higher Gross Profit and Margin Expansion ($ in millions; narrative compared with prior-year period unless otherwise noted) GROSS PROFIT & MARGIN (QTR) Gross margin expanded 370 basis points in Q4 + Stronger US dollar $25.4 • $3.0 million, or 210 bps, FX benefit $18.6 • Current rate of ~20 MXN peso a
Slide 7: Strengthening Operations for Efficiency
Strengthening Operations for Efficiency ($ in millions; narrative compared with prior-year period unless otherwise noted) SAE(1) | % OF SALES (QTR) Increase in SAE(1) exaggerated with PY $4.7 million benefit of one- time engineering (ED&D) recovery $16.9 • Holds steady at 11.1% of sales • $2.2 milli
Slide 8: Enhanced Earnings Power
Enhanced Earnings Power ($ in millions except earnings per share data; narrative compared with prior-year period unless otherwise noted) NET INCOME(1) (QTR) ADJ. NET INCOME(2) (QTR) ADJ. EBITDA(2) & MARGIN (QTR) FY2025 Net Income(1) up 14.5% $13.8 $13.0 FY2025 Adj. EPS(2) grew 75% to $9.6 $9.8 $8.5
Slide 9: Strong Cash Generation
Strong Cash Generation ($ in millions; narrative compared with prior-year period unless otherwise noted) CAPITALIZATION Q4 FY2025 cash flow from operations increased June 30, June 29, $10.7 million 2024 2025 • Higher cash earnings and improved working capital including Cash and cash equivalents $ 25
Slide 10: Strattec FY 2026 Expectations
REVENUE: Modestly down to flat • Reflects lapping recent product launches, primarily in 2H 2025 • Customers in between launch cycles • Weak market forecasts reflect continued uncertainty MARGINS: Modest improvement Strattec • Captured low hanging fruit FY 2026 • Volume impacts, material and labor co
Slide 11: Q4 and Year End FY2025 Financial Results Supplemental Slides
Q4 and Year End FY2025 Financial Results Supplemental Slides www.strattec.com
Slide 12: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures Fi scal 2024 Fi scal 2025 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total ADJUSTE D NE T SALE S: Net Sales (GAAP) 135,406 118,532 140,773 143,055 $537,766 139,052 129,919 144,082 152,013 $ 565,066 Adjustments: - Retroactive FY23 one-time pricing recovery (7,
Slide 13: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures ADJUSTE D NE T INCOME AND E ARNINGS/ (LOSS) PE R SHARE : Net income attributable to Strattec (GAAP) $ 4,165 $ 1,022 $ 1,506 $ 9,620 $ 16,313 $ 3,703 $ 1,319 $ 5,396 $ 8,267 $ 18,685 Adjustments: Restructuring and similar charges 265 3 - 63 331 -
Slide 14: Q4 and Year End FY2025 Financial Results
Q4 and Year End FY2025 Financial Results August 15, 2025 Nasdaq: STRT Investor Relations Contact: Deborah K. Pawlowski, Alliance Advisors IR 716-843-3908 dpawlowski@Allianceadvisors.com www.strattec.com