LSI Industries Investor Presentation — January 2021

Document content

SECOND QUARTER FISCAL

CONFERENCE CALL PRESENTATION

©2021 LSI INDUSTRIES

This presentation contains “forward -looking statements” —that is,statements related tofuture events within themeaning ofthePrivate Securities Litigation Reform Actof1995 .The Private

Securities Litigation Reform Actof1995 provides asafe harbor forforward -looking statements .Inthis context, forward -looking statements often address ourexpected future business, financial

performance, financial condition and results ofoperations, often contain words such as“estimates,” “targets,” “anticipates,” “hopes,” “projects,” “plans,” “expects,” “intends,” “believes,” “seeks,”

“may,” “will,” “see,” “should” and similar expressions and thenegative versions ofthose words, and may beidentified bythecontext inwhich they areused .Such statements, whether expressed

orimplied, arebased upon current expectations ofLSIand speak only asofthe date made .Reliance should not beplaced onforward -looking statements because they involve known and

unknown risks, uncertainties and other factors which may cause actual results, performance orachievements todiffer materially from those expressed orimplied .Forward -looking statements

include statements that address activities, events ordevelopments that LSIexpects, believes oranticipates willormay occur inthefuture, such asearnings estimates (including projections and

guidance) and other predictions offinancial performance .Forward -looking statements arebased onLSI’s experience and perception ofcurrent conditions, trends, expected future developments

and other factors itbelieves areappropriate under thecircumstances and aresubject tonumerous risks and uncertainties, many ofwhich arebeyond LSI’s control .These risks and uncertainties

include, but are not limited tothe following :the impact ofcompetitive products and services ;product and pricing demands, and market acceptance risks ;LSI’s reliance onthird -party

manufacturers and suppliers ;LSI’s stock price volatility ;potential costs associated with litigation, other proceedings and regulatory compliance ;LSI’s ability todevelop, produce and market quality

products that meet customers’ needs ;information technology security threats and computer crime ;reliance onkey customers ;financial difficulties experienced bycustomers ;thecyclical and

seasonal nature ofour business ;the adequacy ofreserves and allowances fordoubtful accounts ;failure ofanacquisition oracquired company toachieve itsplans orobjectives generally ;

unexpected difficulties inintegrating acquired businesses ;theability toretain keyemployees, including keyemployees ofacquired businesses ;unfavorable economic and market conditions ;the

results ofasset impairment assessments ;risks related todisruptions orreductions inbusiness operations orprospects due topandemics, epidemics, widespread health emergencies, oroutbreaks