Littelfuse, Inc. · NASDAQ:LFUS

Littelfuse — Q3 2021 Earnings Presentation

20 slides from Littelfuse's earnings presentation, Oct 27, 2021

1. Slide 1: Q3 2021 Earnings Release

   Q3 2021 EARNINGS RELEASE October 26, 2021 1

2. Slide 2: Disclaimers

   DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided he

3. Slide 3: Business Update

   BUSINESS UPDATE Dave Heinzmann, President & CEO

4. Slide 4: Q3-21 Key Themes

   Q3-21 KEY THEMES  Record revenue & earnings for the quarter  Outstanding performance within challenging supply chain environment  Ongoing, effective operational execution  Continuous improvements to support customers  Reflects global teams' commitment & hard work  Broad-based strength across e

5. Slide 5: Announcement to Acquire Carling Technologies

   ANNOUNCEMENT TO ACQUIRE CARLING TECHNOLOGIES Switches Circuit Breakers Consistent with strategic M&A priorities Power Distribution Units Littelfuse, Inc. © 2021 5

6. Slide 6: Industrial End Markets Positioned for Continued Growth

   INDUSTRIAL END MARKETS POSITIONED FOR CONTINUED GROWTH Q3-21 Highlights Q3-21 Key Design Wins  Alternative energy, smart industry & safety continues to expand opportunities  Strength across core markets  Leveraging Hartland Controls product portfolio to capture design wins  New business across A

7. Slide 7: Transportation End Markets Extending Our Leadership Position

   TRANSPORTATION END MARKETS EXTENDING OUR LEADERSHIP POSITION Q3-21 Highlights Q3-21 Key Design Wins  Sustainability & safety increasing product content opportunities  Electric vehicle ramp driving robust design activity & several strategic gains  Content outgrowth with wide range of passenger car

8. Slide 8: Electronics End Markets Leveraging Our Leadership

   ELECTRONICS END MARKETS LEVERAGING OUR LEADERSHIP Q3-21 Highlights Q3-21 Key Design Wins  Ongoing trend towards a more connected & electrified world expands new business pipeline  Rapid technical support driving design wins  Speed of service is differentiator, especially in current landscape  In

9. Slide 9: Financial Update

   FINANCIAL UPDATE Meenal Sethna, EVP & CFO

10. Slide 10: Q3-21 Financial Performance

    Q3-21 FINANCIAL PERFORMANCE (in millions) Revenue & EPS Highlights  Revenue +38% vs. prior year, +3% sequentially  +29% organic vs. prior year  GAAP operating margin 22.3%; adjusted operating $523 $540 margin 22.8%, +330 bps sequential $392  Strength in sales / margins led by Electronics segment

11. Slide 11: Q3-21 Segment Performance

    Q3-21 SEGMENT PERFORMANCE (in millions) Electronics Segment Automotive Segment Industrial Segment Revenue Revenue Revenue $325 $347 $255 $133 $124 $65 $68 $105 $31 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 Q3-20 Q2-21 Q3-21 Op Op Op Margin 18.0% 22.8% 28.9% Margin 14.7% 14.4% 12.7% Margin 15.6% 12.9% 9.7%

12. Slide 12: Q4-21 Guidance

    Q4-21 GUIDANCE (in millions) Revenue & EPS Highlights  Key assumptions  Incorporates currently known manufacturing/supply chain impacts  No new material COVID disruptions  Revenue +27% vs. prior year, (-5)% sequentially at midpoint $503  Closer to typical seasonality $540 - $401 $517  Adjusted

13. Slide 13: 2020 Sustainability Report

    2020 SUSTAINABILITY REPORT  Highlights commitment to environmental, social, and governance (ESG) initiatives  Focused on creating a solid foundation for sustainability program to ensure future success  Communicates progress towards goals on sustainability journey  To learn more, read the 2020 Su

14. Slide 14: Key Takeaways

    KEY TAKEAWAYS  Year-to-date, exceptional performance within ongoing challenging environment  Continue to closely monitor supply chain challenges across suppliers & customers  Proven sound business fundamentals  Poised to achieve significant sales and earnings growth this year  Remain well-posit

15. Slide 15: Q&A

    Q&A Littelfuse, Inc. © 2021 15

16. Slide 16: Appendix

    APPENDIX Littelfuse, Inc. © 2021 16

17. Slide 17: Supplemental Financial Information

    SUPPLEMENTAL FINANCIAL INFORMATION Littelfuse, Inc. © 2021 17

18. Slide 18: Supplemental Financial Information Cont'd

    SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2021 18

19. Slide 19: Supplemental Financial Information Cont'd

    SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2021 19

20. Slide 20: Supplemental Financial Information Cont'd

    SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2021 20

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