Slide 1: Q3 FY2026 Financial Results Conference Call
Jennifer Slater President and CEO Matthew Pauli Senior Vice President and CFO May 8, 2026 Q3 FY2026 Financial Results Conference Call Nasdaq: STRT
Slide 2: Safe Harbor Statement
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 2 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 fo
Slide 3: Q3 FY2026 Quarter & Fiscal Year Highlights
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 3 Advancing Transformation • Realized $1.9 million in savings in the quarter – peak savings given timing of restructuring actions Strattec Strong Operational Cash Flow • Generated $11.4 million in Q3 FY26 and $36.6 million year to date Q3 FY2026 • Ended the qu
Slide 4: Transforming Strattec: Building a Better Business
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 4 ($ in millions) Transforming Strattec: Building a Better Business Cash Balance Supports Execute Plan to Deliver Value Strategic Initiatives • Additional changes in Mexico operations to provide $0.8 million in annualized savings beginning in Q4 FY26 $107.0 $9
Slide 5: Established Customers & Diverse Products
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 5 ($ in millions) Established Customers & Diverse Products Q3 & YTD FY26 Net Sales Q3 FY26 Sales by Customer Q3 FY26 Sales by Product $413.1 $427.6 2% 9% 7% $144.1 $137.6 11% 28% 8% 26% Q3 FY25 Q3 FY26 YTD FY25 YTD FY26 13% 15% Q3 FY26 net sales down $6.5 mill
Slide 6: Gross Margin Expansion
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 6 ($ in millions) Gross Margin Expansion Gross Profit & Margin (QTR) Q3 FY26 gross margin expanded 50 basis points y/y $23.1 + $0.6 million in recoveries from cancelled programs $22.7 + $1.7 million in restructuring savings – $2.5 million FX headwind 16.0% 16.
Slide 7: Managing SAE & Investing in Talent
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 7 ($ in millions) Managing SAE(1) & Investing in Talent SAE & % of Sales (Qtr) Q3 FY26 SAE expenses increased $1.6 million y/y to 12.8% of sales • $1.3 million increase in salaries and benefits $17.6 • $0.4 million increase in professional fees $16.0 • Q3FY 26
Slide 8: Enhanced Earnings Power
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 8 ($ in millions except earnings per share data) Enhanced Earnings Power NET INCOME1 ADJ. NET INCOME2 ADJ. EBITDA2 (QTR & YTD) (QTR & YTD) (QTR & YTD) $5.4 $16.7 $37.9 $12.5 $30.8 $6.1 $19.9 $10.1 $3.2 $10.4 $3.7 $13.5 $1.32 $0.78 $2.56 $4.04 $1.50 $0.90 $3.32
Slide 9: Strong Cash Generation & Capital Flexibility
Q3 FY26 FINANCIAL RESULTS MAY 8, 2026 9 ($ in millions) Strong Cash Generation & Capital Flexibility CAPITALIZATION Lower cash from operations reflects changes in March 29, 2026 June 29, 2025 working capital requirements Cash and cash equivalents $ 107.0 $ 84.6 • Cash balance continues to grow from
Slide 10: Outlook: Expect Continued Improvement in Operations Against Moderating Market Demand
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 10 Revenue • Near-term sales expected to be consistent with NA auto production OUTLOOK: volumes • Expect Q4 FY26 revenue to be down 3% to 4% y/y reflecting EV Expect Continued cancellations and lower production of key programs Improvement in Gross Margin Opera
Slide 11: Our Vision
WE ENGINEER PREMISSION, THE& HOLD MOTION ACCESS EXPERIENCE 11 Our Vision : To be the most trusted, global leader in safe and secure access solutions for the automotive and mobility industries by creating the ultimate access experience for consumers.
Slide 12: Financial Results Supplemental Slides
Q3 FY2026 Financial Results Supplemental Slides www.strattec.com
Slide 13: Reconciliation of GAAP to Non-GAAP Financial Measures
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 13 Reconciliation of GAAP to Non-GAAP Financial Measures ($ in thousands) Fiscal 2025 Fiscal 2026 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total NET SALES: Net Sales (GAAP) $ 139,052 $ 129,919 $ 144,082 $ 152,013 $ 565,066 $ 152,399 $ 137,534 $ 137,632 $ 427,565 ADJUSTED
Slide 14: Reconciliation of GAAP to Non-GAAP Financial Measures
Q3 FY2026 FINANCIAL RESULTS MAY 8, 2026 14 Reconciliation of GAAP to Non-GAAP Financial Measures ($ in thousands, except per share data) Fiscal 2025 Fiscal 2026 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total ADJUSTED NET INCOME AND EARNINGS/(LOSS) PER SHARE: Net income attributable to Strattec (GAAP) $ 3,703 $
Slide 15: Strattec: The Access Engine
Investor Relations Contact: Deborah K. Pawlowski, Alliance Advisors IR 716-843-3908 dpawlowski@allianceadvisors.com Strattec: The Access Engine