Benchmark Electronics (BHE) Presents At Stifel 2021 Virtual Cross Sector Insight Conference

Company Overview - Benchmark Electronics was founded in 1979 and has over 40 years of experience[4] - The company's revenue in 2020 was $2.05 billion[4] - Higher Value Market revenue accounted for over 80% of the total revenue in 2020[4] - The company has over 11,000 global team members[4] EMS Market - The 2019 EMS market size was $443 billion[5] - The 2019 Higher Value Markets were approximately $90 billion[5] - The EMS revenue is projected to have a CAGR of approximately 5% from 2019 to 2024[5] Financial Performance and Targets - The company is targeting annual revenue growth of approximately 5% in the mid-term[37] - The company is aiming to expand Non-GAAP gross margins to 9.3% - 9.7% in the mid-term[37] - The company anticipates $80-100 million in operating cash flow in 2021[30] Strategic Initiatives - The company is focused on growing revenue, investing in sustainable infrastructure and talent, and growing earnings faster than revenue[30] - The company achieved approximately 50% attach rate of engineering to manufacturing services in Q1[30]