Standex International Corporation · NYSE:SXI
Standex International — D.A. Davidson Industrials Conference 2026
32 slides from Standex International's conference presentation, Sep 24, 2026
Slide 1: D.A. Davidson Industrials Conference
D.A. Davidson Industrials Conference September 24, 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements contained in this presentation that are not based on historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology s
Slide 3: Standex International (SXI) - At a Glance
Standex International (SXI) - At a Glance HISTORY HEADQUARTERS EMPLOYEES LOCATIONS Founded 1955; IPO in 1964 Salem, NH ~3,995 16 Countries FY26 REVENUE FY26 ADJ. OPERATING FY26 ADJ. OPERATING MARKET CAP2 DIVIDEND YIELD NET DEBT TO EBITDA3 INCOME1 INCOME MARGIN1 $892M $173M 19.4% $3.3B 0.5% 1.8x FY26
Slide 4: We are an Engineered Components Business
We are an Engineered Components Business ~70% of Sales Total Addressable Total Available from Engineered Market Market (TAM) Components ~$3B ~$10B Sensors 25% ~$3B ~$11B Instrument Transformer % of TTM 17% Other Sales ~$2B ~$10B Hi- Reliability Magnetics Aerospace 11% & Defense 15% ~$1.5B ~$20B Curr
Slide 5: Consistent Margin Expansion in Challenging Macro Environment
Consistent Margin Expansion in Challenging Macro Environment $1,200.0 26% $1,100.0 24% $1,000.0 22% $900.0 19.1% 19.4% 20% $800.0 17.0% 18% 16.3% $700.0 16% 14.9% 13.8% $600.0 14% $500.0 12% $400.0 10% FY21 FY22 FY23 FY24 FY25 FY26 Revenue ($ in millions) Adjusted Operating Margin 3/31/21 (Q3/21): d
Slide 6: Positioned to Deliver Sustainable Organic Growth
Positioned to Deliver Sustainable Organic Growth Sources of Growth - Fast Growth Markets and New Products 2%-3% 8%-13% High Range Low Range 5%-7% 1%-3% Global Industrial Fast Growth Markets New Products Total • Global Industrial includes 1% growth from pricing initiatives • >30% sales in FY27 expect
Slide 7: Growth Engines of Standex – New Products & Fast Growth Markets
Growth Engines of Standex – New Products & Fast Growth Markets New Product Sales will continue to drive Fast Growth Market Sales to grow to >30% ~3% organic growth of total sales 400 100 350 +44% CAGR 300 +41% CAGR 250 50 200 150 100 50 0 0 FY23 FY24 FY25 FY26 FY27E FY23 FY24 FY25 FY26 FY27E 2023 20
Slide 8: Recent New Products Open >$500M of Addressable Market
Recent New Products Open >$500M of Addressable Market New Current Transformer Rocket Engine Components New Voltage Transformer • Business – Electronics GRID • Business – Aerospace & Defense • Business – Electronics GRID • Bushing type current transformer • Company has penetrated space • Voltage tran
Slide 9: Increasing Exposure to Markets with Strong Tailwinds
Increasing Exposure to Markets with Strong Tailwinds Power Grid Space Defense • Total addressable market - • Total addressable market - • Total addressable >$3B (Global) >$700M (Global) market - >$500M (NA) • Expected market growth • Expected market growth • Expected market growth rate – low double
Slide 10: Instrument Transformer Market Long Term Growth ~13%-22%
Instrument Transformer Market Long Term Growth ~13%-22% Instrument Transformers Growth Drivers (%) 4%-7% 13%-22% High Range Low Range 3%-5% 4%-7% 2%-3% GDP Replacement Rising Data Center Total capex Electrification • Increased stress of grid shortening equipment lifespan, driving higher replacement
Slide 11: Significant Expansion Opportunities for Instrument Transformers
Significant Expansion Opportunities for Instrument Transformers Instrument Transformers by Region & Type [USD Mn] 11,500 2,700 3,700 Croatia facility to expand in EU Current core market served by Amran 3,100 800 1,200 LV/MV Indoor LV/MV LV/MV MV Outdoor HV Outdoor Total - US+IND Indoor EU Indoor RoW
Slide 12: Grid Capacity Expansion Fuels Significant Opportunity
GRID CAPACITY EXPANSION FUELS SIGNIFICANT OPPORTUNITY Planned capacity increase by source ($M) 50 ~440 2.5x - 3x 45 60 100 Upside 25 75 40 148 340 100 CY2024 FY26 Productivity Croatia Mexico Texas India India FY30 & Expansion Additonal Footprint Automation Shifts At the time of acquisition • FY26 fo
Slide 13: Significant Upside in Defense and Space Market
Significant Upside in Defense and Space Market Defense: Locking in next orders of Space Economy driving all-time high missile nose cones customer opportunity funnel Factors accelerating urgency to reach orbit and scale presence: ▪ Satellite Constellations: Telecommunications, AI – Orbital Data Cente
Slide 14: Solid M&A Track Record of Accretive Acquisitions
Solid M&A Track Record of Accretive Acquisitions Q4 16 Q4 19 Q4 23 Q2 25 Q4 26 Net Leverage (0.3x) 2.5x (0.2x) 2.9x 1.8x 2022 2024 CY 2016 2023 Amran/Narayan Group 2018 Sensor Horizon Scientific 2020 Solutions Minntronix 2019 Divested 2026 2017 GS Refrigerated Solutions Divested Federal Piazza Rosa
Slide 15: Transaction Generation
Examples of past transactions and their performance Horizon Scientific Oki Sensor Device Transaction ▪ Acquisition Year – 2016 ▪ Acquisition Year – 2017 Details ▪ Purchase Price - $32M ▪ Purchase Price - $142M ▪ Multiple - ~6.5x ▪ Multiple - ~7.6x +103% +50% Sales Perf. 71 90 ($M) 60 35 2016 Current
Slide 16: Standex Capital Allocation Framework
Standex Capital Allocation Framework FY22 – FY26 Capital Allocation Maintenance Capital ~ 1% of sales 15% CapEx Growth / Expansion ~ 4% of sales 8% Capital Dividends Pay down debt if highly levered 65% Acquisitions Acquisitions delivering 12% Acquisitions IRR ≥ 15% ahead of projections Buyback Retur
Slide 17: Key Takeaways
Key Takeaways Well-positioned to deliver sustainable, profitable growth • Continued portfolio simplification has created a stronger mix of high-quality businesses with attractive growth rates and higher margin profile • Standex’s operating model, “The Value Creation System,” continues to gain tracti
Slide 18: APPENDIX
APPENDIX | | HA Standex
Slide 19: Instrument Transformers are Critical Link Between Power Lines & Measurement Devices
Instrument Transformers are Critical Link Between Power Lines & Measurement Devices Function of instrument transformer Example: Switchgear Application • NOT like a power transformer that is Panel inside a used for transmitting actual power switchgear • Serves as link between power lines and measurem
Slide 20: Instrument Transformers are Used Across the Grid to Enable Monitoring Power Quality and Output
Instrument Transformers are Used Across the Grid to Enable Monitoring Power Quality and Output Bus Duct CTs Bushing CT in and Generator circuit breaker CT in meters and CTs monitoring systems Bushing CT in CT, VT and PT in CT & VT in circuit breaker Switchgear and reclosers, switches Bushing CT in &
Slide 21: Instrument Transformer Data Center Content ~$50K-$300K
Instrument Transformer Data Center Content ~$50K-$300K 1 3 2-3 Instrument 1 1 Transformers in the 3 2-5 Instrument 2 2 step-down power Transformers in the transformer in the sub- 3 back up generators 4 4 station 3 4 2 5-20 Instrument Transformers in MV and LV switchgears 6 to 18 Instrument for isola
Slide 22: Defense Solutions Aligned Targeting Critical Applications
Defense Solutions Aligned Targeting Critical Applications $1B TAM with 10%+ 5-year CAGR tied to Advanced Forming Missiles Nose Cones Golden Dome ▪ Sole-sourced provider of leading ▪ Supporting access to space via edges on tactical and interceptor multiple launch vehicle solutions programs undergoing
Slide 23: Electronics Sample Solutions
Electronics Sample Solutions Switching & Sensors Magnetics Grid Low-voltage instrument Reed switches Custom magnetics transformer Relays Medium-voltage instrument Power conversion subsystem transformer Reed/hall sensors Planar transformers Bushing current transformer 23
Slide 24: Aerospace & Defense Sample Solutions
Aerospace & Defense Sample Solutions Space Aviation Defense Fuel tank domes Missile leading edges & structural components Single-piece and segmented lipskins Rocket engine components Particle separators Structural elements Engine and exhaust components Armored vehicle components 24
Slide 25: Q4 and FY26 Results
Q4 AND FY26 RESULTS SALES PROFILE • In Q4 FY26, Sales of $228.3 million increased 7.7% organically; Electronics increased 12.9% organically • New product sales grew ~43% to ~$23.0 million; Fast growth markets contributed 31% of total sales • Record order intake of ~$270 million; Book to Bill of 1.18
Slide 26: Q4 FY26 Summary
Q4 FY26 SUMMARY Standex International Corporation Fourth Quarter Ended June 30 ($ in millions) Q4 FY26 Q4 FY25 Y/Y △% Comments Net sales 228.3 222.0 2.8% Organic growth: 7.7% Acquisitions/Divestitures: (4.5%) F/X: (0.4%) Adjusted operating income 45.4 45.8 (0.8%) Interest expense 6.6 9.0 (27.3%) Non
Slide 27: Q4 FY26 Segment Snapshot
Q4 FY26 SEGMENT SNAPSHOT Segment Breakdown (In millions, except percentages) Q4 FY26 Q4 FY25 Y/Y △% Comments Net Sales by Segment Electronics 129.1 115.2 12.1% Organic growth of 12.9%; F/X: (0.8%) Aerospace & Defense 37.9 32.0 18.3% Organic growth of 18.4% Scientific 18.8 17.9 5.0% Organic growth of
Slide 28: Q4 FY26 Revenue Drivers
Q4 FY26 REVENUE DRIVERS Q4 FY26 Electronics Aerospace Scientific Engraving Other Total YOY Change % & & Defense Hydraulics Organic 12.9% 18.4% 5.0% (9.6%) 0.0% 7.7% Divestiture 0.0% 0.0% 0.0% 0.0% (100.0%) (4.5%) Acquisitions 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Currency (0.8%) 0.0% 0.0% (0.1%) 0.0% (0.4%)
Slide 29: FY26 Segment Snapshot
FY26 SEGMENT SNAPSHOT Segment Breakdown ($ in millions) FY26 FY25 Y/Y △% Comments Net Sales by Segment Electronics 475.0 400.1 18.7% Organic growth of 7.5%; Acquisitions: 11.1%; F/X: (0.1%) Aerospace & Defense 135.0 102.6 31.6% Organic growth of 14.1%; Acquisitions: 17.1%; F/X: 0.4% Scientific 75.7
Slide 30: Total FY26 Revenue Drivers
TOTAL FY26 REVENUE DRIVERS FY26 Electronics Aerospace Scientific Engraving Other Total YOY Change % & & Defense Hydraulics Organic 7.5% 14.1% (2.0%) (0.2%) 1.6% 5.5% Divestiture 0.0% 0.0% 0.0% 0.0% (35.9%) (1.6%) Acquisitions 11.1% 17.1% 6.6% 0.0% 0.0% 8.5% Currency (0.1%) 0.4% 0.0% 1.9% 0.0% 0.5% T
Slide 31: Q4 FY26 GAAP to Non-GAAP Income Bridge
Q4 FY26 GAAP TO NON-GAAP INCOME BRIDGE Q4 FY26 Q4 FY25 % Change Pre-tax Noncontrolling Net Pre-tax Noncontrolling Net Pre-tax Net Income Tax Interest (3) Income (1) EPS (2) Income Tax Interest (3) Income (1) EPS Income Income EPS Reported - GAAP $ 32.1 $ (8.5) $ (3.1) $ 20.5 $ 1.69 $ 26.1 $ (10.6) $
Slide 32: Q4 FY26 Capitalization
Q4 FY26 CAPITALIZATION Standex International Corporation CAPITAL SPENDING AND D&A ($ in millions) 6/30/2026 3/31/2026 • $5.5M of CAPEX in Q4 FY26 compared to $8.6M in Q4 FY25 Debt including issuance costs 518.0 472.8 • CAPEX expected to be between $45M to $55M Cash 178.7 103.7 in FY27, primarily due
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