Vishay Precision Group, Inc. (NYSE:VPG) Q3 2021 Earnings Conference Call November 11, 2021 10:00 AM ET Company Participants Steve Cantor - IR Ziv Shoshani - CEO Bill Clancy - CFO Conference Call Participants John Franzreb - Sidoti & Company Sarkis Sherbetchyan - B. Riley Securities Dick Ryan - Colliers Matt Dhane - Tieton Capital Management Operator Good morning, and welcome to the VPG Third Quarter 2021 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After ...

| --- | --- | |--------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | Vishay Precision Group PERFORMANCE THROUGH PRECISION VPG Second Fiscal Quarter 2021 Earnings — August 10, 2021 | | | PERFORMANCE THROUGH PRECISION | | Safe Harbor Statement From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our behalf, may contain "forwardloo ...

Vishay Precision Group, Inc. (NYSE:VPG) Q2 2021 Earnings Conference Call August 10, 2021 10:00 AM ET Company Participants Steven Cantor – Senior Director-Investor Relations Ziv Shoshani – President and Chief Executive Officer Bill Clancy – Chief Financial Officer Conference Call Participants John Franzreb – Sidoti and Company Sarkis Sherbetchyan – B. Riley Securities Dick Ryan – Colliers Bill Dezellem – Tieton Capital Operator Good day, and welcome to the VPG Second Quarter 2021 Earnings Conference Call. Al ...

Financial Data and Key Metrics Changes - The company achieved sales of $70.6 million in Q1 2021, slightly above the high end of guidance, with a year-over-year growth of 4.3% and a sequential decline of 6.4% from Q4 2020 [6][20] - Adjusted EPS for Q1 2021 was $0.31, compared to $0.24 in Q1 2020, reflecting an increase in adjusted net earnings to $4.2 million [19][23] - Gross margin improved to 40.5% in Q1 2021 from 38.1% in Q4 2020, while adjusted operating margin was 8.7%, down from 10.7% in the previous quarter [21][24] Business Line Data and Key Metrics Changes - **Foil Technology Products (FTP)**: Q1 sales were $32.7 million, down 10.3% sequentially but up 7.3% year-over-year. The adjusted gross margin for FTP was 40.4% [10][11] - **Force Sensors**: Sales increased to $16.9 million, up 4.2% sequentially and 15.2% year-over-year, with an adjusted gross margin of 36% [12][13] - **Weighing and Control Systems (WCS)**: Sales were $20.9 million, down 7.8% sequentially and 7.0% year-over-year, with an adjusted gross margin of 44.3% [14][15] Market Data and Key Metrics Changes - In the test and measurement market, sales grew 8.3% year-over-year and 41.1% sequentially, driven by semiconductor test equipment demand [8] - Orders in the steel market grew 59.1% sequentially, while avionic, military, and space orders increased by 13.1% [9] - The overall book-to-bill ratio for the company was 1.21, with a backlog of $100.7 million [9][26] Company Strategy and Development Direction - The company is focusing on long-term strategic initiatives, including completing the transition of the new manufacturing facility for advanced sensors and expanding its Japanese precision resistor manufacturing facility [16][17] - Capital spending is expected to be between $22 million to $25 million for 2021, with ongoing evaluations for attractive acquisition opportunities [17][18] Management's Comments on Operating Environment and Future Outlook - Management noted that all facilities are operational, and they are better prepared for COVID-19 impacts compared to the previous year [16][32] - The company anticipates continued growth in 2021, particularly in the EU regulation-driven aftermarket opportunities [14][25] - Management expressed confidence in the rebound of demand across various end markets, with expectations for higher revenues as demand increases [43] Other Important Information - The company ended Q1 2021 with $96.2 million in cash and cash equivalents and total long-term debt of $40.6 million, indicating a strong balance sheet [25] - Adjusted free cash flow was negative $100,000 for Q1 2021, compared to $3 million in Q1 2020, primarily due to capital expenditures [24] Q&A Session Summary Question: Supply chain constraints and gross margins outlook - Management indicated that logistics costs have increased due to limited capacity but do not expect further increases. They anticipate flat gross profit margins for Q2 2021 [30][31] Question: Impact of COVID-19 in India facility - The India facility remains operational under a government waiver, and management does not expect any revenue impact from the current lockdown [32][33] Question: Advanced sensors customer base and market segments - Management confirmed strong demand for advanced sensors, with an annualized sales level approaching $40 million, but could not disclose specific customer details due to confidentiality agreements [38][39] Question: SG&A expenses outlook - Management indicated that the Q1 SG&A level is a good baseline for future quarters, with some adjustments expected as the year progresses [44] Question: M&A landscape and acquisition opportunities - Management noted that while the M&A environment is competitive with high valuations, they remain disciplined in their approach and are actively seeking opportunities [49][51]

doet to ANO ed? FINANCIALS AND METRICS Q1 2021 © 2021 VISHAY INTERTECHNOLOGY, INC. ALL RIGHTS RESERVED. NOTES ON FORWARD-LOOKING STATEMENTS VISHAY Comments in this presentation other than statements of historical fact may constitute forward-looking statements. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. Such statements are based on curre ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 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 1-34679 Vishay Precision Group, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0986328 (State or other juri ...

| --- | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | Vishay Precision Group PERFORMANCE THROUGH PRECISION VPG Fourth Quarter Fiscal 2020 Earnings — February 17, 2021 | | | | PERFORMANCE THROUGH PRECISION | | Safe Harbor Statement From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our b ...

Vishay Precision Group, Inc. (NYSE:VPG) Q3 2020 Earnings Conference Call November 3, 2020 10:00 AM ET Company Participants Steven Cantor - Senior Director of IR Ziv Shoshani - CEO, President & Director Bill Clancy - Executive VP & CFO Conference Call Participants Sarkis Sherbetchyan - B. Riley Securities John Franzreb - Sidoti Patrick Ho - Stifel Operator Good day, and welcome to the VPG Third Quarter 2020 Earnings Call. [Operator Instructions] Please note this event is being recorded. I would like now to t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 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 1-34679 Vishay Precision Group, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0986328 (State or other juri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year 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 1-34679 Vishay Precision Group, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0986328 (State or other juri ...