LANTRONIX GONNECT SMART DO MORE Investor Presentation June 2019 COMPANY CONFIDENTIAL. DO NOT DISTRIBUTE Copyright © Lantronix 2018. All rights reserved. Forward-Looking Statements This presentation contains forward-looking statements, including statements concerning our business and product development plans and strategies, the perceived benefits of our products, and our future growth and financial performance. Any statement relating to our plans, goals, expectations or any future event should be considered ...

Table of Contents (I.R.S. Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________. Commission file number: 1-16027 LANTRONIX, INC. (Exact name of registrant as specified i ...

Financial Data and Key Metrics Changes - For Q3 2019, the company reported net revenue of $12.3 million, a 6% increase from $11.6 million in Q3 2018 and a slight increase from $12.1 million in Q2 2019 [10] - Year-to-date net revenue grew by 10% for the nine months ended March 31, 2019 [11] - GAAP net income was $857,000, or $0.04 per share, compared to $344,000, or $0.02 per share in Q3 2018 [17] - Non-GAAP net income was $1.3 million, or $0.05 per share, compared to $767,000, or $0.04 per share in Q3 2018 [18] - Cash and cash equivalents increased to $18.2 million as of March 31, 2019, from $9.6 million as of June 30, 2018 [19] Business Line Data and Key Metrics Changes - Net revenue from the IoT product line decreased by 1% sequentially, with stable core IoT product revenue [11] - The IT Management product line saw a 63% increase year-over-year and an 11% increase sequentially, driven by a record quarter for the SLC 8000 solution [12] Market Data and Key Metrics Changes - The company is experiencing slower ramp-up in IoT business due to customer implementation delays and CapEx cycles [35][36] - The wired IoT revenue has been performing well, even as wireless revenue has faced delays [45] Company Strategy and Development Direction - The company is focusing on reducing exposure to China manufacturing by moving production to Southeast Asia [21] - There is an emphasis on investing in new products, with R&D expenses increasing to $2.4 million in Q3 2019 [16] - The company aims to leverage its strong cash position for both organic and inorganic growth strategies [31] Management's Comments on Operating Environment and Future Outlook - Management expects the slower ramp in IoT business to persist for a couple of quarters due to customer dependencies [35][36] - The company anticipates maintaining a similar level of tariff-related costs in the upcoming quarter [22] - Guidance for Q4 2019 includes expected net revenue between $11.4 million and $12.2 million [23] Other Important Information - The company has improved its gross profit margin to 57.4% in Q3 2019, up from 56.8% in Q3 2018 [14] - Selling, general and administrative expenses decreased to $3.9 million in Q3 2019 from $4.2 million in Q3 2018 [15] Q&A Session Summary Question: Continued slower ramp in IoT business - Management expects the slower ramp to continue for a couple of quarters, largely due to customer implementation delays and CapEx cycles [35][36] Question: Growth in IT Management segment - Growth is driven by both larger customer rollouts and new customer engagements, with a focus on proof-of-concepts [39] Question: Operating expenses outlook - Operating expenses are expected to remain relatively flat, with moderated SG&A spending but continued investment in R&D [40]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________. Commission file number: 1-16027 LANTRONIX, INC. (Exact name of registrant as specified in its charter) Delaware 33-0362767 ...

Lantronix, Inc. (NASDAQ:LTRX) Q2 2019 Results Earnings Conference Call January 24, 2019 5:00 PM ET Company Participants Shahram Mehraban - VP, Marketing & IR Jeffrey Benck - President, CEO Jeremy Whitaker - CFO Conference Call Participants Jaeson Schmidt - Lake Street Capital Markets Rich Valera - Needham & Company Orin Hirschman - AIGH Investment Partners Operator Good day, and welcome to the Lantronix 2019 Second Quarter Results Conference Call and Webcast. All participants will be in a listen-only mode. ...

LANTRONIX CONNECT SMART DO MORE Investor Presentation January 2019 COMPANY CONFIDENTIAL. DO NOT DISTRIBUTE Copyright © Lantronix 2018. All rights reserved. Forward-Looking Statements | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------| | | | | This presentation contains forward-looking statements, including statements concerning our business and ...