Gentex Corporation · NASDAQ:GNTX
Gentex — Shareholder Meeting (May 2026)
26 slides from Gentex's shareholder meeting presentation, May 21, 2026
Slide 1: Gentex Annual Shareholder Meeting
GEN TE X A NNUA L SHA REH OLD ER M EE TIN G 1 M AY 2 1 , 2 02 6
Slide 2: Safe Harbor for Forward Looking Statements
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements contained in this communication that are not purely historical are forward-looking
Slide 3: Consolidated Performance
$2.53B 2025 Revenue CONSOLIDATED 34.2% Gross Margin PERFORMANCE $392.8M Operating Expenses (E, R&D and S, G&A) 16.6% Annual Tax Rate $120.6M Capital Expenditures $104M Depreciation & Amortization GEN TE X A NNUA L SHA REH OLD ER M EE TIN G M AY 2 1 , 2 02 6 *2025 performance includes VOXX and approx
Slide 4: Return of Capital to Shareholders
RETURN TO SHAREHOLDERS In Q1, we bought back 3.3 million shares at an average price of $22.01 per share, totaling $71.6 million. RETURN OF CAPITAL We have 32.6 million shares $800.0 remaining available for repurchase $708.2M pursuant to our previously $700.0 announced share repurchase plan. $116.6 $
Slide 5: Consolidated Guidance
$2.65 – 2.75B (Prev 2.6 - 2.7B) 2026 Revenue CONSOLIDATED 34 – 35% GUIDANCE* Gross Margin $410 – 420M Operating Expenses (E, R&D and S, G&A) (Excluding Severance and Impairments) 16 – 18% Annual Tax Rate $125 – 140M 2027 REVENUE GUIDE* Capital Expenditures $2.8 – 2.9B (Prev. 2.75 - 2.85B) $100 – 110
Slide 6: Light Vehicle Production
LIGHT VEHICLE PRODUCTION • Q2 2026 tracking -2% vs Q2 2025, and -3% in our primary markets • Full year 2026 volumes are forecast -2% compared to 2025 • We cannot rely on light vehicle volumes to drive revenue Global Light Vehicle Production 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,0
Slide 7: Growth Through Features and Content
GROWTH THROUGH FEATURES AND CONTENT 2017 95.1M Vehicles Globally 2025 93.1M Vehicles Globally 2026 91.4M Vehicles Globally* 28M China (29.4%) 33.1M China (35.6%) 32.3M China (35.3%)* $1.79B Revenue $2.53B Revenue $2.65-2.75B Revenue** Global LVP Revenue vs. Light Vehicle Production Revenues 100,000,
Slide 8: Full Display Mirror
FULL DISPLAY MIRROR • Combines digital and traditional mirrors to enhance driver visibility and FDM Volume OEM profitability 3500000 3000000 • Industry-leading visibility solution 2500000 －3.19M units in 2025 (+7% from 2024) 2000000 －17 new model launches in 2025 1500000 1000000 －On 22 brands and 14
Slide 9: Next-Generation FDM
NEXT-GENERATION FDM • Gentex is bringing digital rear vision to the next level • Consolidation of cameras • Improvement of performance and aesthetics SPEED-ADJUSTED BLIND SPOT ASSIST REVERSE ASSIST BED CAM VIEW FIELD-OF-VIEW Shows vehicles in your Pans downward Shows pickup bed and Adjusts FOV accor
Slide 10: Driver and In-Cabin Monitoring
DRIVER AND IN-CABIN MONITORING • Provides a scalable multi-function driver and cabin monitoring system to enable autonomous driving and enhance safety • Camera located in the mirror either behind the glass or below the glass – depending on other content • Launched with Rivian, Volvo, and Polestar •
Slide 11: Dimming Technology
DIMMING TECHNOLOGY • Expanding our dimming products into new use-cases that leverage our core competencies • Currently in development with OEMs for visors and sunroofs • Announced first visor customer shipping in 2027, with additional OEM interest • Evaluating additional automotive use-cases like si
Slide 12: HomeLink Vehicle Integration
HOMELINK VEHICLE INTEGRATION • Provides unrivaled multi-format car-to-home access and control • Buttons can be located in the mirror, overhead, visor, touch screen, app, or accessory module • Multiple transmission modes for maximum compatibility: －Radio frequency (RF) －Bluetooth wireless transmissio
Slide 13: HomeLink Smart Home Solutions
HOMELINK SMART HOME SOLUTIONS • Provides complete system components, functionality, installation, management, and control for INTR USION single and multi-family properties • Seamless experience for residents EV CHA RGING WA TER M A N A G E M EN T and property managers • Increasing the ecosystem for
Slide 14: Other Product Lines – Q1 Results
OTHER PRODUCT LINES – Q1 RESULTS • Net sales from Gentex’s Other product lines, which include dimmable aircraft windows, fire protection products, medical devices, and biometrics, were $20.6 million in the first quarter of 2026, compared to $12.9 million in the first quarter of 2025, which represent
Slide 15: Fire Protection and PLACE
FIRE PROTECTION AND PLACE • PLACE – a high-performance low-frequency hard-wired consumer smoke and CO2 detection product with room-specific functions －Any space – smoke and CO2, temp and humidity, motion detection, low-frequency sounder, localized voice alerts, smart nightlight －Kitchen – Any Space
Slide 16: Aerospace
AEROSPACE • Dimmable windows and controllers improve cabin lighting, visibility, and temperature, while enabling simplified crew control in aerospace applications • Shipping on Boeing 787 and Airbus A350 • Shipping on Boeing 777X after 7-year delay • New Gen3 chemistry further improves performance a
Slide 17: eSight
ESIGHT • Wearable technology to assist individuals with macular degeneration and other low vision diseases • Fourth-generation product • Built on years of learning • Supported by personalized coaching • Developing new comfort strap to reduce weight • Focus on future features to integrate AI assistan
Slide 18: Biometrics security acquisition
• Acquired in July, 2025 for approx. $13m • A leader in the security/access control industry • Security platform integrates easily with existing identity and access control systems • Enables high-confidence controls for data centers, financial institutions, higher learning, healthcare, stadiums, and
Slide 19: VOXX International Acquisition
• In April of 2025, Gentex completed the acquisition of VOXX International for a total of approx. $196M • VOXX International is a storied house of brands with deep roots in consumer electronics • Primarily composed of their Premium Audio business (2/3 of revenue) and Automotive and Aftermarket produ
Slide 20: VOXX Performance Since Acquisition
VOXX Performance Since Acquisition $120,000,000 35.0% 30.0% $100,000,000 • Progress since acquisition: 25.0% $80,000,000 －Business has achieved profitability Gross Margin －Improved gross margins and ASPs 20.0% Revenue －Substantial progress on planned cost $60,000,000 improvement initiatives to help
Slide 21: VOXX audio brands and opportunities
• Industry-leading audio brands －Consumer, Cinema, Autos, Adventure －Speakers, receivers and amplifiers • Opportunities: －Utilize consumer marketing expertise for Gentex non-automotive product lines －Manufacturing/electronics opportunities －New partnerships and markets －Improving business fundamenta
Slide 22: Gentex Annual Shareholder Meeting
GEN TE X A NNUA L SHA REH OLD ER M EE TIN G 22 M AY 2 1 , 2 02 6
Slide 23: VOXX aftermarket and automotive opportunities
• Aftermarket and accessory sales －Automotive, Adventure, and Marine －Interior, Lighting, and Control Switches －Driver Safety and Convenience －Remote Start, Security, Telematics －Entertainment • Existing automotive opportunities • OEM and consumer facing brands • Manufacturing/electronics opportunit
Slide 24: Advanced Electronic Manufacturing
ADVANCED ELECTRONIC MANUFACTURING • Increased interest from existing customers on US-focused electronics manufacturing and assembly • Vertically integrated to manufacture our own cameras and sensors, populate circuit boards • Gentex currently populates 40+ million PCBs annually • Macro-led but not d
Slide 25: Ongoing Initiatives
ONGOING INITIATIVES • Investing in technology • Content per vehicle expansion through new features • Additional nameplate wins • VAVE initiatives and product redesigns • Component pricing reductions • Acquisitions and partnerships • Strong capital allocation philosophy Creating consistent shareholde
Slide 26: Thank You
THANK YOU • For more information, visit: －http://ir.gentex.com －http://www.gentex.com －http://www.fulldisplaymirror.com GEN TE X A NNUA L SHA REH OLD ER M EE TIN G 26 M AY 2 1 , 2 02 6