Financial Data and Key Metrics Changes - Sales in Q2 2022 were $145 million, up approximately 12% compared to Q2 2021 [2][5] - Adjusted gross margin was 36.1%, down 70 basis points from 36.8% in the same period last year [3][36] - Adjusted EBITDA margin was 22.4%, up 90 basis points from 21.5% in Q2 2021 [3][8] - Adjusted earnings per diluted share were $0.62, up almost 20% from $0.52 in Q2 2021 [3][38] - Operating cash flow for Q2 2022 was $16.1 million [39] Business Line Data and Key Metrics Changes - Organic sales increased approximately 9% for the quarter [5] - Sales to non-transportation end markets increased 21.1% year-over-year, with double-digit growth in industrial and medical markets [35] - Sales to transportation customers increased 4.4% compared to Q2 2021, but decreased 5.6% sequentially due to supply constraints [35][36] Market Data and Key Metrics Changes - Demand was solid across medical and industrial markets, while defense was softer [6][29] - Transportation products were impacted by COVID-19 lockdowns in Asia and OEM production cuts [6] - The cumulative loss of vehicle builds due to COVID-19 and semiconductor shortages is expected to exceed 3 million units for the year [31] Company Strategy and Development Direction - The company finalized the acquisition of Ferroperm Piezoceramics, enhancing diversification strategy and expanding market opportunities [2][20] - Long-term strategic plan focuses on diversifying end market profile and expanding technologies, products, and geographic reach [21][22] - The goal is to have over 25% of light vehicle revenue coming from EV platforms by 2025 [25][26] Management's Comments on Operating Environment and Future Outlook - Management expects some softness in the second half of the year due to macroeconomic factors [46] - The company is adapting its cost structure quickly in response to market conditions, similar to actions taken during the COVID-19 pandemic [46] - Confidence remains in the long-term prospects of the business despite current challenges [32][34] Other Important Information - The company repurchased approximately $7.7 million of its stock during the quarter [40] - The updated guidance for full year 2022 sales is now in the range of $570 million to $600 million, with adjusted EPS expected between $2.40 to $2.55 [34] Q&A Session Summary Question: Impact of acquisition on updated guidance - The acquisition is expected to deliver in the low to mid $20 million range for the second half of the year [42] Question: Key drivers for EPS upside - Improved confidence in revenue expectations and efforts to offset cost pressures contributed to EPS upside [43] Question: Supply chain issues update - Supply chain issues have improved, particularly in non-transportation markets, but concerns remain regarding consumer demand due to inflation [49] Question: Details on Ferroperm acquisition - The technology is similar to existing products but allows for scaling with new products and customers, particularly in therapeutics and industrial applications [50][51] Question: Inventory levels and customer base - Inventory levels are returning to normal, and there are no significant issues flagged at this time [54] Question: EV revenue tracking and future expectations - Current EV wins are from legacy products, with expectations for growth in new products beyond 2025 [60][61]

PART I. FINANCIAL INFORMATION [Item 1. Financial Statements](index=3&type=section&id=Item%201%2E%20Financial%20Statements) The unaudited condensed consolidated financial statements for CTS Corporation for Q2 and H1 2022 and 2021 are presented, including key financial statements and detailed notes [Condensed Consolidated Statements of Earnings](index=3&type=section&id=Condensed%20Consolidated%20Statements%20of%20Earnings) Net earnings significantly increased in Q2 2022 to $12.6 million and for H1 to $32.8 million, driven by higher sales and reduced other expenses Condensed Consolidated Statements of Earnings (Unaudited) | (In thousands of dollars, except per share amounts) | Three Months Ended June 30, 2022 | Three Months Ended June 30, 2021 | Six Months Ended June 30, 2022 | Six Months Ended June 30, 2021 | | :--- | :--- | :--- | :--- | :--- | | **Net sales** | $144,982 | $129,585 | $292,677 | $258,012 | | **Gross margin** | $51,848 | $47,696 | $106,188 | $90,287 | | **Operating earnings** | $22,686 | $20,579 | $48,732 | $39,077 | | **Net earnings** | $12,598 | $875 | $32,837 | $12,865 | | **Diluted earnings per share** | $0.39 | $0.03 | $1.02 | $0.39 | [Condensed Consolidated Balance Sheets](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to $729.6 million by June 30, 2022, primarily due to acquisitions, with corresponding increases in liabilities and equity Condensed Consolidated Balance Sheet Highlights (Unaudited) | (In thousands of dollars) | June 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Total current assets** | $278,550 | $289,089 | | **Total Assets** | $729,634 | $664,462 | | **Total current liabilities** | $115,376 | $114,066 | | **Long-term debt** | $91,027 | $50,000 | | **Total Liabilities** | $243,687 | $200,884 | | **Total shareholders' equity** | $485,947 | $463,578 | [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash decreased by $42.7 million for H1 2022, as significant cash used for acquisitions outweighed operating and financing inflows Cash Flow Summary for Six Months Ended June 30 (Unaudited) | (In thousands of dollars) | 2022 | 2021 | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $35,352 | $38,785 | | **Net cash used in investing activities** | $(103,519) | $(4,225) | | **Net cash provided by (used in) financing activities** | $24,392 | $(9,015) | | **Net (decrease) increase in cash and cash equivalents** | $(42,726) | $25,624 | [Notes to Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Detailed notes provide context for financial statements, including revenue segmentation, significant acquisitions, pension plan effects, and credit facility information Disaggregated Revenue by Market (Six Months Ended June 30) | (In thousands of dollars) | 2022 | 2021 | | :--- | :--- | :--- | | Transportation | $153,824 | $147,410 | | Industrial | $81,409 | $62,075 | | Medical | $32,897 | $24,078 | | Aerospace & Defense | $24,547 | $24,449 | | **Total** | **$292,677** | **$258,012** | - The company acquired TEWA Temperature Sensors for **$24.5 million** on February 28, 2022, and Ferroperm Piezoceramics for **$72.0 million** on June 30, 2022[27](index=27&type=chunk)[33](index=33&type=chunk) - In Q2 2021, the company recognized a non-cash, non-operating settlement charge of **$20.1 million** related to its U.S. pension plan termination, significantly impacting year-over-year comparisons[47](index=47&type=chunk) - Goodwill increased from **$109.8 million** at year-end 2021 to **$139.6 million** at June 30, 2022, due to acquisitions[54](index=54&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=26&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Operations) Management discusses Q2 2022 performance, noting increased sales driven by acquisitions, a slight gross margin decrease, and sufficient liquidity despite acquisition-related cash usage [Results of Operations](index=27&type=section&id=Results%20of%20Operations) Q2 2022 net sales increased 11.9% to $145.0 million, driven by non-transportation markets and acquisitions, while gross margin slightly declined due to inflation Q2 2022 vs Q2 2021 Performance | Metric | Q2 2022 | Q2 2021 | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $144,982K | $129,585K | 11.9% | | Gross Margin | 35.8% | 36.8% | -1.0 p.p. | | Operating Earnings | $22,686K | $20,579K | 10.2% | | Diluted EPS | $0.39 | $0.03 | n/a | - The decrease in Q2 2022 gross margin was primarily driven by increased material and freight costs and supply chain interruptions, particularly global semiconductor shortages[125](index=125&type=chunk) - The significant reduction in 'Total other expense, net' in Q2 2021 compared to Q2 2022 is mainly because the 2021 period included a large non-cash pension settlement expense[131](index=131&type=chunk) [Liquidity and Capital Resources](index=29&type=section&id=Liquidity%20and%20Capital%20Resources) Liquidity decreased due to significant cash used for acquisitions, partially funded by increased long-term debt, though a substantial credit facility remains available - Cash and cash equivalents decreased by **$42.7 million** during the first six months of 2022, primarily due to acquisition payments[142](index=142&type=chunk) - Net cash used in investing activities was **$103.5 million**, driven by **$96.5 million** for the TEWA and Ferroperm acquisitions and **$7.0 million** in capital expenditures[145](index=145&type=chunk) Revolving Credit Facility Status | (In thousands of dollars) | June 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Total credit facility | $400,000 | $400,000 | | Balance outstanding | $91,027 | $50,000 | | Amount available | $307,333 | $348,260 | [Significant Customers](index=31&type=section&id=Significant%20Customers) Two customers, Cummins Inc. and Toyota Motor Corporation, each accounted for over 10% of net sales in H1 2022, highlighting customer concentration Customers >10% of Net Sales (Six Months Ended June 30) | Customer | 2022 % of Sales | 2021 % of Sales | | :--- | :--- | :--- | | Cummins Inc. | 15.9% | 15.0% | | Toyota Motor Corporation | 11.4% | 13.3% | [Quantitative and Qualitative Disclosures About Market Risk](index=32&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) No material changes in the company's market risk exposure were reported for Q2 2022 compared to the prior annual report - There have been no material changes in the company's exposure to market risk during the second quarter of 2022[159](index=159&type=chunk) [Controls and Procedures](index=33&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of Q2 2022, with no material changes to internal control over financial reporting - Management, including the CEO and CFO, concluded that disclosure controls and procedures were effective as of the end of Q2 2022[161](index=161&type=chunk) - No changes occurred in the company's internal control over financial reporting during the quarter ended June 30, 2022, that would have a material effect[163](index=163&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=33&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in routine legal matters and has established adequate accruals for expected liabilities - The company is subject to routine litigation and believes it has established adequate accruals for expected liabilities[163](index=163&type=chunk) [Risk Factors](index=33&type=page&id=Item%201A.%20Risk%20Factors) No significant changes to the company's risk factors were reported compared to the prior annual report - No significant changes to the company's risk factors were reported compared to the 2021 Form 10-K[165](index=165&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=34&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased 216,252 shares in Q2 2022, with approximately $29.5 million remaining available under the share repurchase program Share Repurchases in Q2 2022 | Period | Total Shares Purchased | Average Price per Share | | :--- | :--- | :--- | | April 2022 | 50,796 | $34.38 | | May 2022 | 75,425 | $37.02 | | June 2022 | 90,031 | $35.65 | | **Total** | **216,252** | **-** | - As of June 30, 2022, **$29,546,000** remained available for share repurchases under the authorized program[167](index=167&type=chunk) [Exhibits](index=35&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including CEO/CFO certifications and financial data in Inline XBRL format - The report includes CEO and CFO certifications pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act[169](index=169&type=chunk) - Financial statements and notes are provided in Inline XBRL format as required[170](index=170&type=chunk) [Signatures](index=36&type=section&id=SIGNATURES) The quarterly report was signed on July 26, 2022, by the Principal Financial Officer and Principal Accounting Officer - The report was signed on July 26, 2022, by the company's Principal Financial Officer and Principal Accounting Officer[174](index=174&type=chunk)

| --- | --- | --- | --- | |-------------------------------|-------|-------|-------| | | | | | | CTS Corporation | | | | | | | | | | st | | | | | 1 Quarter 2022 Earnings Call | | | | | | | | | | April 28, 2022 | | | | Forward-Looking Statements This document contains statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, any financial or other guidance ...

CTS Corporation (NYSE:CTS) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Kieran O'Sullivan – Chairman, President and Chief Executive Officer Ashish Agrawal – Vice President and Chief Financial Officer Conference Call Participants Justin Long – Stephen Lannie Trieu – Cowen Hendi Susanto – G. Research Operator Good morning. My name is Lauren and I will be your conference operator today. At this time I would like to welcome everyone to the CTS Corporation First Quarter 2022 e ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common stock, without par value CTS New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------|-------|------------------- ...

Financial Performance & Growth - CTS's last twelve months (LTM) revenue as of December 2021 was $513 million[5,6] - CTS has a long-term target of +10% Compound Annual Growth Rate (CAGR)[9] - From 2017 to 2021, CTS achieved a revenue CAGR of 4.9%, increasing from $423 million to $513 million[9,25] - Adjusted EBITDA for 2021 was $107.8 million, representing 21% of net sales[45,49] - Adjusted Diluted EPS for 2021 was $1.93[45,47] - Free cash flow conversion in 2021 was 112%[15,29] Strategic Diversification - CTS aims to diversify its revenue, targeting non-transportation end markets to exceed 50% of total revenue[10] - Non-Transportation revenue increased from 35% to 45%[10] Capital Allocation - CTS returned $118 million to shareholders since 2013[5,15] - Capital expenditure is targeted at approximately 4% of sales[36,37] - Acquisitions are planned to utilize 60-80% of free cash flow[37]

PART I [Business](index=4&type=section&id=Item%201.%20Business) CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators serving diverse end markets - CTS Corporation designs, manufactures, and sells a broad line of sensors, connectivity components, and actuators categorized by their ability to Sense, Connect, or Move[11](index=11&type=chunk) Net Sales by Industry (% of consolidated net sales) | Industry | 2021 | 2020 | 2019 | | :--- | :--- | :--- | :--- | | Transportation | 55% | 57% | 64% | | Industrial | 27% | 25% | 20% | | Medical | 9% | 9% | 9% | | Aerospace and Defense | 9% | 9% | 7% | | **Total** | **100%** | **100%** | **100%** | Significant Customers' Share of Net Sales | Customer | 2021 | 2020 | 2019 | | :--- | :--- | :--- | :--- | | Cummins Inc. | 15.0% | 13.1% | 16.1% | | Toyota Motor Corporation | 12.4% | 13.4% | 11.6% | - The company faces **supply chain disruptions and inflationary pressures**, particularly semiconductor shortages, which are expected to continue into fiscal 2022[25](index=25&type=chunk) - As of December 31, 2021, the company employed 3,820 people, with **86% located outside the U.S.**[43](index=43&type=chunk) [Risk Factors](index=9&type=section&id=Item%201A.%20Risk%20Factors) The company faces risks from customer concentration, industry cyclicality, supply chain disruptions, and international operations - A substantial portion of revenue is derived from a **small number of customers**, creating vulnerability to order decreases from key clients[62](index=62&type=chunk)[63](index=63&type=chunk) - The business is exposed to **cyclical industries like transportation**, which can experience significant downturns affecting demand[67](index=67&type=chunk)[68](index=68&type=chunk) - The COVID-19 pandemic has caused significant **supply chain disruptions**, including semiconductor shortages, leading to increased costs[73](index=73&type=chunk)[107](index=107&type=chunk) - The company faces risks from its **international operations**, including political instability, currency fluctuations, and trade restrictions[112](index=112&type=chunk) - The company is exposed to potential **security breaches and cybersecurity threats** targeting the manufacturing industry[127](index=127&type=chunk) [Properties](index=19&type=section&id=Item%202.%20Properties) The company operates over 1.6 million square feet of manufacturing and non-manufacturing facilities globally Summary of Facilities as of Dec 31, 2021 | Facility Type | Total Square Footage | | :--- | :--- | | Manufacturing | 1,050,724 | | Non-Manufacturing | 561,425 | - Manufacturing facilities are located across North America, Asia, and Europe, including Mexico, China, Taiwan, and the Czech Republic[131](index=131&type=chunk) [Legal Proceedings](index=19&type=section&id=Item%203.%20Legal%20Proceedings) The company is involved in ordinary course litigation and believes it has established adequate accruals for potential liabilities - The company is periodically involved in litigation arising from the ordinary course of business[132](index=132&type=chunk) - Management believes **adequate accruals** have been established for expected liabilities from pending legal matters[132](index=132&type=chunk) [Mine Safety Disclosures](index=19&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section is not applicable to the company's operations - Not applicable[134](index=134&type=chunk) PART II [Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities](index=20&type=section&id=Item%205.%20Market%20for%20Registrant's%20Common%20Equity%2C%20Related%20Shareholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company's stock trades on the NYSE, and a $50 million stock repurchase program was active in 2021 - The company's common stock trades on the **NYSE under the symbol "CTS"**[137](index=137&type=chunk) - A **$50 million stock repurchase program** was authorized in May 2021, with **$41.2 million remaining** available at year-end[138](index=138&type=chunk) Issuer Purchases of Equity Securities (Q4 2021) | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | Oct 1 - Oct 31, 2021 | 88,000 | $31.63 | | Nov 1 - Nov 30, 2021 | 2,942 | $35.00 | | Dec 1 - Dec 31, 2021 | 27,745 | $34.61 | | **Total** | **118,687** | **$32.41** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=21&type=section&id=Item%207.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Net sales grew 21.0% in 2021, but a large pension settlement charge resulted in a significant net loss Results of Operations (in millions, 2021 vs 2020) | Metric | 2021 | 2020 | % Change | | :--- | :--- | :--- | :--- | | Net sales | $512.9 | $424.1 | 21.0% | | Gross margin | $184.6 | $139.1 | 32.8% | | Gross margin % | 36.0% | 32.8% | - | | Operating earnings | $76.5 | $45.1 | 69.5% | | Net (loss) earnings | ($41.9) | $34.7 | (220.7)% | | Diluted (loss) EPS | ($1.30) | $1.06 | - | - The significant 2021 net loss was driven by a **$126.3 million non-cash pension settlement charge**[152](index=152&type=chunk) - Net sales growth was driven by a **17.7% increase in the transportation market** and a **25.3% increase in other markets**[148](index=148&type=chunk) - The company ended 2021 with **$141.5 million in cash** and increased its revolving credit facility to **$400 million**[154](index=154&type=chunk)[161](index=161&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=28&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is exposed to market risks from foreign currency, interest rates, and commodity prices, which it manages with derivatives - The company uses interest rate swaps to manage risk, fixing the interest cost on **$50 million of its long-term debt**[185](index=185&type=chunk) - **42% of 2021 net sales originated outside the U.S.**, creating foreign currency risk managed with forward contracts[186](index=186&type=chunk)[187](index=187&type=chunk) - The company faces commodity price risk and experienced **significant increases in freight costs** in 2021[188](index=188&type=chunk)[189](index=189&type=chunk) [Financial Statements and Supplementary Data](index=29&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the company's audited consolidated financial statements and the independent auditor's report for fiscal year 2021 Consolidated Balance Sheet Data (in millions) | Account | Dec 31, 2021 | Dec 31, 2020 | | :--- | :--- | :--- | | **Total Assets** | **$664.5** | **$626.0** | | Total current assets | $289.1 | $233.2 | | Goodwill | $109.8 | $109.5 | | **Total Liabilities** | **$200.9** | **$202.4** | | Total current liabilities | $114.1 | $104.9 | | Long-term debt | $50.0 | $54.6 | | **Total Shareholders' Equity** | **$463.6** | **$423.7** | Consolidated Cash Flow Data (in millions) | Cash Flow | Year Ended Dec 31, 2021 | Year Ended Dec 31, 2020 | | :--- | :--- | :--- | | Net cash from operating activities | $86.1 | $76.8 | | Net cash used in investing activities | ($15.9) | ($23.2) | | Net cash used in financing activities | ($20.7) | ($61.3) | | **Net increase (decrease) in cash** | **$49.7** | **($8.5)** | - The independent auditor identified the **quantitative goodwill impairment assessment** as a critical audit matter[193](index=193&type=chunk) - The company completed its U.S. pension plan termination, resulting in **settlement charges of $126.3 million**[277](index=277&type=chunk)[279](index=279&type=chunk)[281](index=281&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=70&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) This section is not applicable to the company - Not applicable[386](index=386&type=chunk) [Controls and Procedures](index=70&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls, procedures, and internal control over financial reporting were effective - Management concluded that the company's **disclosure controls and procedures were effective** as of December 31, 2021[387](index=387&type=chunk) - The company's **internal control over financial reporting was deemed effective** based on the COSO framework[389](index=389&type=chunk) - **No material changes** were made to internal controls during the fourth quarter of 2021[390](index=390&type=chunk) [Other Information](index=72&type=section&id=Item%209B.%20Other%20Information) This section is not applicable to the company - Not applicable[398](index=398&type=chunk) PART III [Directors, Executive Officers and Corporate Governance](index=72&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information regarding directors and corporate governance is incorporated by reference from the 2022 proxy statement - Information is incorporated by reference from the company's **2022 proxy statement**[401](index=401&type=chunk) [Executive Compensation](index=72&type=section&id=Item%2011.%20Executive%20Compensation) Executive compensation details are incorporated by reference from the 2022 proxy statement - Information is incorporated by reference from the company's **2022 proxy statement**[402](index=402&type=chunk) Equity Compensation Plan Information as of Dec 31, 2021 | Plan Category | Securities to be Issued Upon Exercise | Securities Remaining Available for Future Issuance | | :--- | :--- | :--- | | Approved by security holders | 820,021 | 1,734,419 | | Not approved by security holders | 4,722 | 0 | | **Total** | **824,743** | **1,734,419** | [Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters](index=72&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Shareholder%20Matters) Information on security ownership is incorporated by reference from the 2022 proxy statement - Information is incorporated by reference from the company's **2022 proxy statement**[404](index=404&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=73&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information on related transactions and director independence is incorporated by reference from the 2022 proxy statement - Information is incorporated by reference from the company's **2022 proxy statement**[406](index=406&type=chunk) [Principal Accountant Fees and Services](index=73&type=section&id=Item%2014.%20Principal%20Accountant%20Fees%20and%20Services) Information on principal accountant fees is incorporated by reference from the 2022 proxy statement - Information is incorporated by reference from the company's **2022 proxy statement**[407](index=407&type=chunk) PART IV [Exhibits and Financial Statements Schedules](index=74&type=section&id=Item%2015.%20Exhibits%20and%20Financial%20Statements%20Schedules) This section lists all financial statements, schedules, and exhibits filed as part of the annual report - This item lists all financial statements, schedules, and exhibits filed with the Form 10-K[410](index=410&type=chunk) - The included financial statement schedule is **Schedule II: Valuation and Qualifying Accounts and Reserves**[410](index=410&type=chunk)

CTS Corporation (NYSE:CTS) Q4 2021 Earnings Conference Call February 8, 2022 10:00 AM ET Company Participants Kieran O’Sullivan – Chairman, President and Chief Executive Officer Ashish Agrawal – Vice President and Chief Financial Officer Conference Call Participants Kark Ackerman – Cowen Justin Long – Stephen John Franzreb – Sidoti Hendi Susanto – Gabelli Funds Richard Glass – Glass Capital Management Operator Good morning. My name is Bally and I will be your Operator. At this time, I would like to welcome ...

CTS Corporation (NYSE:CTS) Q3 2021 Earnings Conference Call October 27, 2021 10:00 AM ET Corporate Participants Kieran O’Sullivan - Chairman, President and Chief Executive Officer Ashish Agrawal - Vice President and Chief Financial Officer Conference Call Participants Justin Long - Stephens Inc. John Franzreb - Sidoti & Company Hendi Susanto - G. Research Operator Good day, and welcome to the CTS Corporation Third Quarter 2021 Earnings Call. Today's conference is being recorded. At this time, I would like t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common stock, without par value CTS New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to | --- | --- ...