Vishay Precision Group Investor Presentation — September 2019

Document content

Vishay Precision Group

PERFORMANCE THROUGH PRECISION

September 2019 PERFORMANCE THROUGH PRECISION Safe Harbor Statement

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

behalf, may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such

statements involve 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 are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Should one 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 business and economic conditions; difficulties or delays in identifying, negotiating, and completing acquisitions and integrating

acquired companies; the inability to realize anticipated synergies and expansion possibilities; difficulties in new product development;

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

changes in foreign currency exchange rates; political, economic and military instability in the countries in which we operate; difficulties in

implementing our ERP system, and the associated impact on manufacturing efficiencies and customer satisfaction; 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 efficiencies; significant

developments from the recent and potential changes in tariffs and trade regulations; and other factors affecting our operations, 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

undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events,

This presentation includes discussion of adjusted gross profit and adjusted operating income and their corresponding margins, as well as

adjusted EBITDA, adjusted net earnings and adjusted diluted earnings per share. These are financial measures that were not prepared in