Methode Electronics(MEI) - 2024 Q4 - Annual Results

Exhibit 99.1 1 Methode Electronics, Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results • Positive Fourth Quarter Free Cash Flow • Net Debt at Lowest Level of the Fiscal Year • Over $140 Million in Program Awards in Fourth Quarter • Fiscal 2025 Actions Expected to Reposition Company for Growth in Fiscal 2026 • Jon DeGaynor Appointed President, CEO and a Member of the Board of Directors Chicago, IL – July 11, 2024 – Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custo ...