D.A. DAVIDSON'S 18TH ANNUAL INDUSTRIALS AND SERVICES CONFERENCE - PowerPoint PPT Presentation

D.A. DAVIDSON'S 18TH ANNUAL INDUSTRIALS AND SERVICES CONFERENCE September 18, 2019

This presentation contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements are subject to the safe harbor protection provided under the securities laws. Methode undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Methode's expectations on a quarterly basis or otherwise. The forward-looking statements in this press release involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in Methode's filings with the Securities and Exchange Commission, such as our annual and quarterly reports. Such factors may include, without limitation, the following: dependence on a small number of large customers, including two large automotive customers; dependence on the automotive, appliance, commercial vehicle, computer and communications industries; international trade disputes resulting in tariffs: investment in programs prior to the recognition of revenue; timing, quality and cost of new program launches; changes in U.S. trade policy; ability to withstand price pressure, including pricing reductions; ability to successfully market and sell Dabir Surfaces; currency fluctuations; customary risks related to conducting global operations; recognition of goodwill impairment charges; dependence on the availability and price of raw materials; fluctuations in our gross margins; ability to withstand business interruptions; ability to successfully benefit from acquisitions and divestitures; dependence on our supply chain; income tax rate fluctuations; ability to keep pace with rapid technological changes; breach of our information technology systems; ability to avoid design or manufacturing defects; ability to compete effectively; ability to protect our intellectual property; success of Pacific Insight, Procoplast and Grakon and/or our ability to implement and profit from new applications of the acquired technology; significant adjustments to expense based on the probability of meeting certain performance levels in our long-term incentive plan; and costs and expenses due to regulations regarding conflict minerals. 2

Methode Is… 10-year 788 patents revenue Leading developer of custom- growth CAGR 450+ global engineers engineered solutions and of 8.8% + application-specific products 7,500+ employees utilizing the latest technologies for the Automotive, Industrial $1B Sales * 10-year and Medical markets. EBITDA Automotive Europe 73% 24% growth CAGR Asia 12% North of 22.7% + Interface America 6% 64% Industrial 21% *FY 2019 3 + Through FY 2019

Sensing Technology Organic Product Growth FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 4 *Booked business as of 9/2019

Growing Content Per Vehicle Rivian Electric SUV Ford Explorer $75 $228 • Door Accent Lamps • Ambient Lighting • Front Door Map Pocket Lamps • Overhead Console • Rear Door Map Pocket Lamps • Integrated Center Panel • Driver Accent Lamp • Ignition Switch • Center Accent Lamp • Brake Switch • Passenger Accent Lamp • IP Switches • Console Tray Lamp • Console Bin Lamp • Reading/Courtesy Lamps • Footwell Lamps Booked business as of 9/2019 5

Growing Content Per Vehicle Tesla Model X Tesla Model S $325 $300 • • Grakon - $142 Grakon - $235 • • Pacific Insight - $117 Power Solutions - $65 • Power Solutions - $66 Tesla Model 3 Tesla Model Y $160 $160 • • Grakon - $134 Grakon parts: $134 • • Power Solutions - $26 Power Solutions - $26 Booked business as of 9/2019 6

Leading, Patented Automotive Technology Solutions AUTOMOTIVE INTERIOR AUTOMOTIVE EXTERIOR LIGHTING COMPLEX INSERT ELECTRIC VEHICLE MOLDED Headlamp Switches Gesture/Touch Tailgate Sill Plates Intelligent Battery Connection Emblem Steering Wheel Switches Flood Lighting Transmission/HEV Controller Battery Bus Bar Connections Integrated Tailgate Module (Lead Frame) Window Switches Ambient Lighting Battery Disconnect Unit Engine Control Units Advanced Illumination Touchpads Material Illumination Powerbud Connectors Smart Towing Ignition Switch Rear Seat Controls Dome Lamps Complex Insert Molded Bus- In-glass Messaging Anti-Lock Braking Assemblies Overhead Consoles Seat Illumination bar/Carriers Keyless Entry Pedal Assemblies Powder Coated Bus Bar Touchscreens Full Color Spectrum Handle-free Door Solution Door Latch Actuator Flexible Bus Bar Centerstacks Holographic Lighting Horn Contact Unit Side Mirror Projection Laminated Bus Bar Value Added Switches Transmission Solenoid Smart Knobs Connector Terrain Management Master Controllers Ambient Lighting Assembly Decorating Electronics Metal Plastic Testing

Leading, Patented Industrial Technology Solutions FLUID LEVEL SENSING Forward Lighting Wireless Control And Feedback Bus Bar Solutions Electronic Pump Switches, Sensors, And Alarm Products Fog Lighting Wireless Video Feedback Power Connectors Offer Superior Reliability, RGB Ambient Lighting Rf Proximity Detection Power Assembly Durability, And Performance Interior Task Lighting Integrated Controller and Remote Control For Locomotives Power Cable Solutions Home, Commercial, Municipal, Storage Lighting Rf E-stop Thermal Solutions Marine, And RV Applications Safety Lighting Weight Sensor (Magneto-elastic) Powerbud Motor Connection Marker Lighting Electromechanical and Remote Control Retrofit Kits Open Compute Connector Work Lighting Batteries And Chargers Electronic Modules Accessories (Straps, Belts, Vests, Etc.) Assembly Decorating Electronics Metal Plastic Testing

Leading, Patented Medical Technology Solution • Innovative technology for pressure injury prevention Dabir Surgical System Dabir Compact System • Clinically shown to reduce pressure injuries in surgical cases Controller • Converts standard hospital or home bed to specialty bed Interconnect • Suitable for use across the continuum of care • Improves patient comfort and is well accepted by clinical staff • New Dabir compact system delivers greater flexibility outside surgical environment 9

An Enviable Customer List 10

Global Manufacturing Footprint LONTZEN, BELGIUM MRIEHEL, SHANGHAI, MALTA ONTARIO, CHINA 28,000 Sq Mt CANADA 166,000 Sq Ft 1,330 Employees 35,000 Sq Ft 566 Employees 110 Employees CHICAGO, IL DONGGUAN, MONTERREY, CHINA MEXICO NASR, EGYPT 197,000 Sq Ft FRESNILLO, 208,000 Sq Ft 11,600 Sq Mt 950 Employees MEXICO 1,180 Employees 530 Employees 95,000 Sq Ft and 860 Employees 295,000 Sq Ft 830 Employees 11

Global Sales and Engineering Centers NELSON, CANADA BURNLEY, U.K. DETROIT, MICHIGAN SEATTLE, GAU-ALGESHEIM & WASHINGTON MUNICH, GERMANY *CHICAGO, IL* SAN JOSE, TOKYO, JAPAN OKLAHOMA CITY, OK BEIRUT, LEBANON CALIFORNIA MRIEHEL SHANGHAI, CHINA MALTA SHENZEN, CHINA BANGALORE, INDIA 12

Strong Product Development Heritage ICS With Touch Controls ICS With Touchscreen Multimedia Controller Seat Sensor Integrated Pressure Injury Tailgate Prevention Overhead Module Overlay Console 13

Growth Drivers By Segment AUTOMOTIVE INDUSTRIAL MEDICAL INTERFACE LED lighting LED lighting Never events (pressure Flexible/ configurable > > > > injuries falls, infections, touch screens EV / HEV – Power Instrumentation > > etc.) management Kiosks > Power distribution / > Patient quality – rating > Infotainment Renewables IOT – bandwidth > > systems ADAS / Autonomous Commercial vehicle driver Product design – brand > > > Wellness > shortage differentiation Affordable care act – pay > Driver and worker safety > for outcomes vs. (video feedback) Treatment Tele-medicine / homecare > 14

Capital Deployment Focused on Value Creation $978 Million Allocated Fiscal Years 2016-2019* Fund the Business Acquisitions Acquisitions $556M $556M 57% 57% Cap Ex Cap Ex $152M $152M 17% 17% Product Development Product Development $130M $130M 13% 13% Return to Shareholders Share Repurchase Share Repurchase $ 72M $ 72M 7% 7% Dividends Dividends $ 57M $ 57M 6% 6% *FY 2019 product development, debt management, dividend and capex data are projections. No share buyback, dividend adjustment or additional acquisitions are included in FY 2019 15 calculations. As of 11/8/2018.

Strong Cash Flow and Balance Sheet Free Cash Flow *± $150 $100 $130 $123 $50 $100 $88 $84 $85 $43 $0 FY 2014 FY 2015 FY 2016 FY 2017 FY2018 FY 2019 FY 2020** * Millions ± Adjusted, see Non-GAAP reconciliation on Website ** Estimate 16