Littelfuse, Inc. (NASDAQ:LFUS) Q4 2021 Earnings Conference Call February 2, 2022 10:00 AM ET Company Participants Trisha Tuntland - Head of Investor Relations Dave Heinzmann - President and Chief Executive Officer Meenal Sethna - Executive Vice President and Chief Financial Officer Conference Call Participants Karl Ackerman - Cowen Matt Sheerin - Stifel Luke Junk - Baird Nik Todorov - Longbow Research Christopher Glynn - Oppenheimer David Kelley - Jefferies David Silver - CL King Operator Good day, everyone ...

Financial Performance Highlights - Full year 2021 revenue reached a record of $2080 million, a 44% increase compared to the previous year[22,23] - Full year 2021 adjusted earnings per share (EPS) increased by 106% to $1319, compared to $640 in the prior year[3,21,23] - Q4 2021 revenue reached $553 million, a 38% increase versus the prior year, with 23% organic growth[18,19] - Q4 2021 adjusted EPS increased by 42% to $316, compared to $223 in the prior year[17,19] - The company achieved a record adjusted operating margin of 191% for the full year 2021[3,23] Segment Performance - The Electronics segment experienced a revenue growth of 39% in Q4 2021 and 39% for the full year, driven by strong demand in data centers, telecom, appliances, and automotive electronics[27,30] - The Transportation segment's revenue grew by 14% in Q4 2021 and 33% for the full year, with commercial vehicle revenue increasing by 58%[27,30] - The Industrial segment's revenue increased significantly by 121% in Q4 2021 and 124% for the full year, fueled by renewables, solar, energy storage systems, and HVAC[27,30] Strategic Initiatives and Acquisitions - The company completed the acquisitions of Hartland Controls and Carling Technologies, expecting approximately $300 million in annualized sales from these acquisitions[3] - Carling Technologies acquisition is expected to contribute ~$185 million – $190 million revenue in 2022[35] 2022 Outlook - Q1 2022 sales are projected to be between $563 million and $577 million, representing a 23% increase compared to the prior year at the midpoint[33,34] - Q1 2022 EPS is expected to be between $314 and $330, a 21% increase versus the prior year at the midpoint[32,34]

Littelfuse, Inc. (NASDAQ:LFUS) Q3 2021 Earnings Conference Call October 27, 2021 10:00 AM ET Company Participants Trisha Tuntland - Head of Investor Relations David Heinzmann - President and Chief Executive Officer Meenal Sethna - Executive Vice President and Chief Financial Officer Conference Call Participants Luke Junk - Robert W. Baird & Co. Karl Ackerman - Cowen and Company, LLC Christopher Glynn - Oppenheimer & Co. Inc. Nikolay Todorov - Longbow Research LLC Matthew Sheerin - Stifel, Nicolaus & Company ...

1 Q3 2021 EARNINGS RELEASE October 26, 2021 级 Littelfuse® Expertise Applied | Answers Delivered DISCLAIMERS Important Information About Interfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Interfuse, Inc. and no investment decision should be made based upon the information provided herein. Interfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be fou ...

Financial Data and Key Metrics Changes - The company reported record revenues of $523 million for Q2 2021, representing a 13% sequential growth and an 11% increase excluding the Hartland acquisition [23][7] - Adjusted operating margins were 19.5%, up 240 basis points sequentially, while GAAP operating margins were 18.4% [24] - Adjusted diluted EPS was $3.41, reflecting a 28% sequential increase [24][25] - Operating cash flow for the quarter was $76 million, with free cash flow at $58 million [27] Performance by Business Segment - **Electronics Product Segment**: Sales reached $325 million, growing 14% sequentially, with operating margins of 22.8%, up 340 basis points [30] - **Automotive Product Segment**: Sales were $133 million, up 4%, with operating margins at 14.4%, down 140 basis points sequentially [30] - **Industrial Products Segment**: Sales grew 33% sequentially to $65 million, with operating margins of 12.9%, up 570 basis points [32] Market Data and Key Metrics Changes - Strong demand was noted across electronics, transportation, and industrial end markets, with ongoing supply chain disruptions affecting lead times [8][10] - The automotive segment is experiencing content gains driven by electric vehicles and a favorable mix of higher-end vehicles, despite ongoing material shortages [12][14] Company Strategy and Industry Competition - The company is focused on adding capacity, driving productivity improvements, and managing supply chain constraints while executing its five-year strategy [9][10] - The management emphasized the importance of maintaining strong customer relationships and leveraging technical expertise to secure design wins across various markets [17][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by rising input costs, which are now impacting margins by 350 to 400 basis points [25] - The outlook for Q3 2021 anticipates sales in the range of $510 million to $524 million, with expectations of a modest decline in automotive sales due to supply chain issues [33][34] - The company expects full-year adjusted operating margins to remain in the targeted range of 17% to 19% [36] Other Important Information - A 10% increase in the quarterly dividend rate to $0.53 was announced, aligning with the company's capital allocation objectives [28] - The company continues to navigate supply chain-related complications and has initiated pricing actions to mitigate cost increases [25][26] Q&A Session Summary Question: Overall tightness in the electronic supply chain and pricing strategy - Management noted that while there are supply constraints, they are working to pass along increased costs to customers and have had reasonable success in doing so [42][45] Question: Automotive content growth and production capabilities - Management expects continued growth in automotive content driven by electrification trends and higher-end vehicle production, although there may be a shift back to lower-content vehicles in the future [46][48] Question: Channel inventory levels and distribution dynamics - Distribution partners are unable to build inventory due to robust sell-through, while some OEMs are attempting to build inventory [53][55] Question: Pricing dynamics in automotive contracts - Most automotive contracts are long-term, making it challenging to pass through price increases quickly, but negotiations for new contracts are yielding more favorable conditions [58][60] Question: Automotive outgrowth and inventory trends - Management indicated that automotive outgrowth is currently above long-term expectations, driven by strong demand for electric vehicles and higher-optioned vehicles [68][69] Question: Stock split considerations - The company has discussed the potential for a stock split with the Board, but it is not currently a priority as the investor base is primarily long-term [112][113]

1 Q2 2021 EARNINGS RELEASE July 28, 2021 级 Littelfuse® Expertise Applied | Answers Delivered DISCLAIMERS Important Information About Interfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Interfuse, Inc. and no investment decision should be made based upon the information provided herein. Interfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be found ...

Company Overview - Littelfuse is an industrial technology company with $1.45 billion in revenue[4] - The company has 12,000 employees worldwide[4] - Littelfuse delivers solutions to over 100,000 customers in over 15 countries[4] - The company has driven best-in-class shareholder returns with a 21% CAGR[4] Growth Strategy (2021-2025) - The company aims for double-digit revenue growth[7, 9] - Organic revenue growth is projected at 5-7%[9] - Revenue growth from acquisitions is targeted at 5-7%[9] Financial Targets (2021-2025) - The company targets EPS growth exceeding revenue growth[9] - Operating margins are projected at 17-19%[9] - EBITDA margins are projected at 21-23%[9] - Capital expenditures are expected to be 4-5% of revenue[9] - The company aims for a high-teens ROIC % over 5 years[9] - The company plans to return 40% of free cash flow to shareholders[9]

1 STIFEL CROSS SECTOR INSIGHT CONFERENCE June 8, 2021 Littelfuse® Expertise Applied | Answers Delivered DISCLAIMERS Important Information About Interfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Interfuse, Inc. and no investment decision should be made based upon the information provided herein. Interfuse strongly urges you to review its filings with the Securities and Exchange Commission, which ca ...

1 INVESTOR PRESENTATION MAY 2021 Littelfuse® Expertise Applied | Answers Delivered DISCLAIMERS Important Information About Interfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Interfuse, Inc. and no investment decision should be made based upon the information provided herein. Interfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at investo ...

Littelfuse, Inc. (NASDAQ:LFUS) Q1 2021 Earnings Conference Call April 28, 2021 10:00 AM ET Company Participants Trisha Tuntland - Head of IR Dave Heinzmann - President and CEO Meenal Sethna - EVP and CFO Conference Call Participants Nick Todorov - Longbow Karl Ackerman - Cowen Matthew Sheerin - Stifel Christopher Glynn - Oppenheimer David Williams - Loop Capital Luke Junk - Baird David Kelley - Jefferies David Silver - CL King Operator Good day everyone and welcome to the Littelfuse First Quarter 2021 Earni ...