Vishay Precision Group Investor Presentation — February 2020

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Vishay Precision Group

PERFORMANCE THROUGH PRECISION

VPG Fourth Quarter Fiscal 2019 Earnings

February 19, 2020 PERFORMANCE THROUGH PRECISIONSafe Harbor Statement

From time to time, information provided by us, including but not limited to statements in this report, or other statements ma de by or on our behalf,

may contain "forward -looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such state ments involve a

number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, perf ormance, or

achievements to differ materially from those anticipated.

Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Sho uldone or more of these

risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated,

expected, estimated, or projected. Among the factors that could cause actual results to materially differ include: general bu siness and economic

conditions; difficulties or delays in identifying, negotiating and completing acquisitions and integrating acquired companies (including Dynamic

Systems, Inc.); the inability to realize anticipated synergies and expansion possibilities; difficulties in new product devel opm ent; changes in

competition and technology in the markets that we serve and the mix of our products required to address these changes; change s in foreign

currency exchange rates; political, economic, health (including the COVID -19 "coronavirus") and military instability in the coun tries in which we

operate; difficulties in implementing our cost reduction strategies, such as underutilization of production facilities, labor unrest or legal challenges to

our lay -off or termination plans, operation of redundant facilities due to difficulties in transferring production to achieve ef ficiencies; significant

developments from the recent and potential changes in tariffs and trade regulation; and other factors affecting our operation s, markets, products,

services, and prices that are set forth in our Annual Report on Form 10 -K for the fiscal year ended December 31, 2018. We undert ake no obligation to

publicly update or revise any forward -looking statements, whether as a result of new information, future events, or otherwise.

This presentation includes discus sion of adjusted free cash flow, adjusted gross profit and adjusted operating income and their corresponding

margins, as well as adjusted net earnings and adjusted diluted earnings per share. These are financial measures that were no t prepared in