Company Overview

May 2026

Lasting relationships. Global success. Kimball Electronics Confidential







Kimball Electronics (Nasdaq: KE)

Global, multifaceted solutions provider of Electronics Manufacturing Services (EMS) and Contract Manufacturing Organization (CMO) recognized for excellence and leadership in highly regulated and complex industries

Diversified portfolio aligned with secular growth trends across Automotive, Medical, and Industrial markets, supported by long program life cycles

Specialization in high-complexity, non-commodity manufacturing

requiring advanced engineering and reliability

Deep, long-term customer partnerships driving sustainable growth and operating leverage

Proven track record of revenue and earnings growth, with recent capacity investments supporting global expansion

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Company at a glance

Global Headquarters

1205 Kimball Blvd. Jasper, IN

Revenue

FY25: $1.49B

Founded

1961

Listing

Nasdaq: KE

Employees

5,500+ Worldwide

Lasting relationships. Global success.

Manufacturing Footprint

Poland, China, Thailand, Mexico(2), Romania, and United States (3)

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Our culture and core values are differentiators

Guiding Principles



CUSTOMERS

Our customer is our business

PEOPLE

Our people are the company

CITIZENSHIP

The environment is our home

PROFIT

Profits are the ultimate measure of how efficiently and effectively we serve our customers

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Integrated platform supporting the full product lifecycle

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EMS and CMO

  • Printed Circuit Board Assembly (PCBAs)

  • Full System and High-Level Assembly

  • Large Capital Equipment Assembly

  • Prototyping

  • New Product Introduction (NPI) or Transfer of Work (TOW)

  • Supply Chain Management

  • Design Engineering Services

Electronics Manufacturing Services (EMS)

  • Scientific Injection Molding

  • Cold Chain Management

  • Complex Medical Device Assembly

  • Clean Room Assembly

  • Manufacturing Medical Products, Surgical Instruments, and Drug Delivery Devices

  • Design Engineering Services

Contract Manufacturing Organization (CMO)

(Focused on Medical Solutions)

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Global footprint with an "in-region" focus

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Diversified portfolio supporting 3 end market verticals

Revenue in fiscal 2025

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Medical supporting the continuum of care

SLEEP &

SURGICAL

Favorable demographics & advances in technology

OXYGEN THERAPY

SYSTEMS

  • Aging population

  • Affordability & access to care

  • Connected care

  • Decreasing device size

  • Connected drug delivery

AMBULANCE &

Products supporting prevention, early diagnostics, clinical & hospital treatment, home & community care

HOSPITAL PATIENT MONITORING SYSTEMS

DRUG DELIVERY

  • Respiratory care

  • Surgical systems

  • In vitro diagnostics

  • Patient monitoring

    • Drug delivery

    • Imaging systems

    • Focus on Class II and Class III devices

      AUTOMATED EXTERNAL DEFIBRILLATORS

      REPRESENTATIVE CUSTOMERS

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      Automotive vertical fueled by vehicle "electrification"

      BRAKING

      STEERING

    • Current business heavily concentrated in electronic power steering



    • Architecture similar for ICE, EV, and

      hybrid vehicles

    • Next generation braking also a growth opportunity

    • Electronic content being added to vehicles at increasing rate

    • Stringent industry requirements align with KE core competencies

REPRESENTATIVE CUSTOMERS TIER 1 SUPPLIERS

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Industrial promotes clean energy and innovation

IoT & FACTORY AUTOMATION

OFF-HIGHWAY EQUIPMENT

PUBLIC SAFETY

CLIMATE CONTROL & SMART ENERGY MANAGEMENT

GREEN ENERGY, CHARGING, & STORAGE

  • Longer-term return to growth from market rebound for climate control products

  • Diversification into other sub-verticals within the industrial space

  • Increased demand for factory automation

    and efficient energy

  • Expanding off-highway equipment and commercial transportation market capabilities

    REPRESENTATIVE CUSTOMERS

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    Why Invest?

    Company repositioned for a return to profitable top line growth

    Sharpened Strategic Focus

    Unique Competitive Advantages

    Strong Balance Sheet



    Opportunity for Margin Expansion

    Sticky Customer Relationships

    Lasting relationships. Global success.

    Kimball Electronics | 13







    Sharpened Strategic Focus

    Portfolio Rationalization Return to Growth

    • Divested the non-core Automation, Test & Measurement business

    • Folded the medical CMO business into our core EMS portfolio

    • Improved utilization with the closure

      of our facility in Tampa

    • Record number of wins in fiscal 2025 for future business

    • Quality ratings at a 15-year high

    • Elevating prominence as medical CMO

    • Expect profitable top line growth in

fiscal 2027

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Unique Competitive Advantages Manufacturing Capabilities

  • Experienced body of knowledge with products that require high

    quality, high reliability, highly complex, durable electronics

    Regulatory Compliance

    • Industry certifications including

      ISO 9001 ISO 13485

      Supply Chain

      Facility Integration

    • Scientific plastic injection molding and cold chain management

      with the ability to handle drugs

    • Global footprint on a single instance of SAP

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      Strong Balance Sheet

      • Debt levels significantly below peak

      • Cash from operations positive for 9 consecutive quarters*

      • Improved working capital management reducing Cash Conversion Days to 90*

      • Short-term liquidity of $358.5 million*

      • Dry powder to opportunistically invest in growth

        * As of March 31, 2026

        $350

        $300

        $250

        $200

        $150

        $100

        $50

        $0

        Total Debt Levels

        Down 49% from peak



        Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

        FY24 FY25 FY26

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        Opportunity for Margin Expansion

      • Aligned cost structure to changing customer demand trends

      • Better capacity utilization will result in higher margins

      • Vertical composition expected to be more balanced with medical business increasing as a percent of total

        • Medical market represents opportunity to diversify revenue and leverage core strengths as a trusted partner in a complex and regulated industry

        • New manufacturing facility in Indianapolis doubles our footprint for producing medical products, surgical instruments, and drug delivery devices, such as auto-injectors

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Sticky Customer Relationships

  • Recurring revenue… typical customer program 7-10 years

  • 77% of revenue in fiscal 2025 from customers with relationships of 10-years or more

  • Multifaceted and multilayered diversification between customers, verticals, and submarkets is a core focus

    • Grow with existing customers in different divisions and submarkets

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Our strategy positions the Company for long-term, profitable growth

  • Continue to generate positive cash flow, deploy capital toward growing CMO

  • Medical CMO presents opportunity for higher EBITDA margins and accelerated growth

  • Serve blue-chip customers with long product life cycles and a high degree of visibility

  • Building a scalable platform that supports the work we already do well, creates opportunities for vertical integration, and positions us to take on more complex programs

  • Drug delivery has been a key area of focus

  • Committed to inorganic options to augment this space

    • Exploring applications in areas such as cardiology, orthopedics, minimally invasive surgery, and surgical instruments & packaging

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      Affirming guidance for fiscal 2026*
      • Net sales of $1.40 - $1.46 billion
      • Adjusted operating income of 4.2% - 4.5% of net sales

        • Expected to be at the high end of the range

      • Capital expenditures of $50 - $60 million

        • Heavily weighted toward our new facility in Indianapolis (~$30 million)

        • Balance supporting growth, automation, and maintenance

* Affirmed fiscal 2026 guidance as part of Q3 FY26 earnings release

Lasting relationships. Global success.

Kimball Electronics | 20



Lasting relationships. Global success. Kimball Electronics

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Kimball Electronics Inc. published this content on May 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 18, 2026 at 19:55 UTC.