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PERFORMANCE THROUGH PRECISION PERFORMANCE THROUGH PRECISION Vishay Precision Group Third Fiscal Quarter 2022 Earnings November 8, 2022 1
PERFORMANCE THROUGH PRECISION
PERFORMANCE THROUGH PRECISION
Vishay Precision Group
Third Fiscal Quarter 2022 Earnings
1PERFORMANCE THROUGH PRECISIONSafe Harbor Statement
From time to time, information provided by us, including, but not limited to, statements in this presentation, or other state ments made by or on our behalf, may contain or constitute
"forward -looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involv e a number of risks, uncertainties, and contingencies,
many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated.
Such statements arebased oncurrent expectations only, andaresubject tocertain risks, uncertainties, andassumptions .Should oneormore ofthese risks oruncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated, orprojected .Among thefactors thatcould cause actual
results tomaterially differ include :general business and economic conditions ;impact ofinflation, global labor andsupply chain challenges ;difficulties ordelays inidentifying,
negotiating and completing acquisitions and integrating acquired companies ;theinability torealize anticipated synergies and expansion possibilities ;difficulties innew product
development ;changes incompetition andtechnology inthemarkets thatweserve andthemixofourproducts required toaddress these changes ;changes inforeign currency exchange
rates;political, economic, health (including theCOVID -19pandemic) andmilitary instability inthecountries inwhich weoperate ;difficulties inimplementing ourcost reduction
strategies, such asunderutilization ofproduction facilities, labor unrest orlegal challenges toourlay-offortermination plans, operation ofredundant facilities duetodifficulties in
transferring production toachieve efficiencies ;compliance issues under applicable laws, such asexport control laws, including theoutcome ofourvoluntary self-disclosure ofexport
control non-compliance ;significant developments from therecent andpotential changes intariffs andtrade regulation ;ourefforts andefforts bygovernmental authorities tomitigate the
COVID -19pandemic, such astravel bans, shelter -in-place orders andbusiness closures andtherelated impact onresource allocations, manufacturing andsupply chains ;ourstatus asa
“critical”, “essential” or“life-sustaining” business inlight ofCOVID -19business closure laws, orders andguidance being challenged byagovernmental body orother applicable
authority ;ourability toexecute ournew corporate strategy andbusiness continuity, operational andbudget plans ;andother factors affecting ouroperations, markets, products, services,
andprices thataresetforth inourAnnual Report onForm 10-Kforthefiscal year ended December 31,2021 .Wecaution younottoplace undue reliance onforward -looking statements,
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