Slides
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Company Overview Deutsche Bank Global Auto Industry Conference June 12, 2025
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Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the ability of our suppliers to supply us parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output; fluctuations in the cost and availability of key materials and components (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and our ability to offset cost increases through negotiated price increases with our customers or other cost actions, as necessary; global economic trends, competition and geopolitical risks, including impacts from ongoing or potential conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries; our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions; the reduced purchases, loss or bankruptcy of a major customer or supplier; the costs and timing of business realignment, facility closures or similar actions; a significant change in automotive, commercial, off-highway or agricultural vehicle production; competitive market conditions and resulting effects on sales and pricing; foreign currency fluctuations and our ability to manage those impacts; customer acceptance of new products; our ability to successfully launch/produce products for awarded business; adverse changes in laws, government regulations or market conditions, affecting our products, our suppliers, or our customers’ products; labor disruptions at Stoneridge’s facilities or at any of Stoneridge significant customers or suppliers; the amount of Stoneridge’s indebtedness and the restrictive covenants contained in the agreements governing its indebtedness, including its revolving Credit Facility; capital availability or costs, including changes in interest rates; the occurrence or non-occurrence of circumstances beyond Stoneridge’s control; and the items described in “Risk Factors” and other uncertainties or risks discussed in Stoneridge’s periodic and current reports filed with the Securities and Exchange Commission. Important factors that could cause the performance of the commercial vehicle and automotive industry to differ materially from those in the forward-looking statements include factors such as (1) continued economic instability or poor economic conditions in the United States and global markets, (2) changes in economic conditions, housing prices, foreign currency exchange rates, commodity prices, including shortages of and increases or volatility in the price of oil, (3) changes in laws and regulations, (4) the state of the credit markets, (5) political stability, (6) international conflicts and (7) the occurrence of force majeure events. These factors should not be construed as exhaustive and should be considered with the other cautionary statements in Stoneridge’s filings with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance; Stoneridge’s actual results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates may differ materially from those described in or suggested by the forward-looking statements contained in this presentation. In addition, even if Stoneridge’s results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. This presentation contains time-sensitive information that reflects management’s best analysis only as of the date of this presentation. Any forward-looking statements in this presentation speak only as of the date of this presentation, and Stoneridge undertakes no obligation to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data Stoneridge does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Rounding Disclosure: There may be slight immaterial differences between figures represented in our public filings compared to what is shown in this presentation. The differences are the result of rounding due to the representation of values in millions rather than thousands in public filings. 2
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About Stoneridge Stoneridge is a global supplier of safe and efficient electronics systems and technologies. Its solutions power vehicle intelligence, while enabling safety and security for on-and off-highway transportation sectors around the world. The Company operates in three segments – Control Devices, Electronics, and Stoneridge Brazil – each positioned for long-term success in the transportation industry. Founded 1965 Manufacturing Facilities Globally NYSE: SRI 7 Control Devices Electronics Stoneridge Brazil Actuators & Valves • Transmission • Driveline • Axle • Emissions Switches & Connectors • Trailer Tow • Access & Release • Keyless Entry Sensors • Temperature • Position Driver Information Systems • Instrument Clusters • Secondary Displays Connectivity • Tachographs • Telematics • Connected Trailer Vision & Driver Assistance • MirrorEye® CMS • Orlaco Vision Systems Controls • Electronic Controllers Driver Information Systems • Instrument Clusters • Secondary Displays Aftermarket Audio & Alarms • Multimedia • Security Alarms Connectivity • Tachographs • Track & Trace • Telematics 32% of Total 2024 Revenue 62% of Total 2024 Revenue 6% of Total 2024 Revenue 3
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Control Devices Highlights of Stoneridge 2024 sales related to drivetrain agnostic technologies90 %> From Utility Vehicles To Supercars Ford F-150 Lightning Ford Mustang Mach-E Corvette E-Ray Trailer Tow Connector Integrated Park Module Temperature Sensors Front Axle Disconnect Actuator Drive Unit Control Actuator Leak Detection Module 4
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Electronics & Stoneridge Brazil Product Portfolio Driver Information Systems Our driver information systems are the primary interface between a driver and the vehicle and will enable additional driver features and vehicle / driver interaction Connectivity & Controls Our telematics and tachograph units provide a gateway for vehicles to connect to other vehicles, fleet management tools and the environment around them. Vision & Driver Assistance Our vision products create safer vehicles and enable advanced active safety applications when combined with other sensors and powertrain applications 5 Our end-to-end tracking solutions offer complete telematics solutions for Logistics, Cargo Security and Fleet Management Track & Trace
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MirrorEye was the first CMS to receive exemption from the Federal Motor Carrier Safety Administration (FMCSA), enabling trucks equipped with MirrorEye operate on the road as an alternative to conventional mirrors. MirrorEye ® Features & Benefits Enables improved driver visibility through blind-spot reduction and expanded field-of-view Improvement in fuel efficiency 2-3% Reduction in CO2 annually per vehicle *1,000 truck fleet, avg. 5,000 lbs Reduction of Blind Spots Infrared Night Vision Automatic Trailer Panning Greater Field of View Inclement Weather Driving Digital Video Recording & Retrieval Improved Fuel Economy & Aerodynamics Telematics Diagnostics & Support 6
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MirrorEye ® Market Adoption DAF Launched (EU) Q4 2022 PACCAR Launched (NA) Kenworth - Q2 2023 Peterbilt - Q3 2024 Volvo Launched (EU) Q1 2024 Launched (NA) Q1 2025 DTNA Launching (NA) Mid-2025 4 Global 8 Brands OEM Programs SuperTruck II Program features MirrorEye on all 4 trucks; Funded by the Department of Energy 40+ North American Fleet Partners 7 ~$120M+ Expected Revenue in 2025 OEM & Aftermarket Applications ~$300M+ Expected OEM Revenue by 2029 5-Year Target Revenue
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Connected Trailer Suite of Products Launching in 2025 Connected Trailer Opportunities • Enabled by our proprietary technology enabling the industry first hard-wired connection between the tractor and the trailer through secondary display • Utilizing the traditional tractor / trailer wiring harness, we have developed a suite of trailer products enabling a safer and more connected trailer • Commercial launch of connected trailer suite of products in 2025 • Backup camera with integrated lighting • Providing data within the cab on the trailer’s braking system, lights and tires • Additional capabilities in development with key fleet partners • Side view camera applications • Interior trailer view cargo-monitoring cameras • Cargo volume and object detection • Cargo temperature and humidity sensing • Door ajar sensing and door lock actuation 8
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stoneridge.com © 2025 Q1 2025 Results Q1 2025 Summary Strong Performance Driven by Improved Material Costs, Reduced Quality Related Costs & Continued Focus on Structural Cost Reduction $4.9M Free Cash Flow in Q1 2025; Improvement of $1.5M vs. Q1 2024 210 bps Adj. Gross Margin Improvement vs. Q4 2024 ~24% MirrorEye Revenue Growth vs. Q4 2024 Maintaining Full-Year 2025 Guidance Ranges Expecting Continued Macroeconomic Volatility – Will Respond Accordingly $2.5M Quality-Related Cost Improvement vs. Q4 2024 220 bps Material Cost Improvement vs. Q4 2024 $28M Year-Over-Year Reduction in Inventory 9
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stoneridge.com Stoneridge StoneridgeInc StoneridgeGlobal StoneridgeGlobal
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Reconciliations to US GAAP
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12 This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures in the appendix of this document. The provision of these non-GAAP financial measures is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non- GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this document and the adjustments that management can reasonably predict. US GAAP Reconciliations
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13 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit (USD in millions) Q4 2024 Q1 2025 Gross Profit $ 42.7 $ 46.3 Add: Pre-Tax Business Realignment Costs 0.4 1.4 Adjusted Gross Profit $ 43.1 $ 47.7
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14 US GAAP Reconciliations Reconciliation of Free Cash Flow (USD in millions) Q1 2024 Q1 2025 Cash Flow from Operating Activities $ 9.1 $ 10.9 Capital Expenditures, including Intangibles (5.8) (6.1) Proceeds from Sale of Fixed Assets 0.1 0.1 Free Cash Flow $ 3.4 $ 4.9