VOXX International : FY24 Fourth Quarter Investor Presentation

VOXX International	Driving innovation
(NASDAQ: VOXX)	for over 60 years

Fiscal 2024 Fourth Quarter and Year-End

Financial Results and Corporate Update

Disclaimer

Except for historical information contained herein, statements made in this presentation constitute forward-looking statements and thus may involve certain risks and uncertainties. All forward-looking statements made in this presentation are based on currently available information and the Company assumes no responsibility to update any such forward-looking statements. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to the risk factors described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended February 29, 2024, and other filings made by the Company from time to time with the SEC, as such descriptions may be updated or amended in any future reports we file with the SEC. The factors described in such SEC filings include, without limitation: impacts related to the COVID-19 pandemic, global supply shortages and logistics costs and delays; global economic trends; cybersecurity risks; risks that may result from changes in the Company's business operations; operational execution by our businesses; changes in law, regulation or policy that may affect our businesses; our ability to increase margins through implementation of operational improvements, restructuring and other cost reduction methods; our ability to keep pace with technological advances; significant competition in the automotive electronics, consumer electronics and biometrics businesses; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; foreign currency fluctuations; and restrictive debt covenants. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the War in the Ukraine and any worsening of the global business and economic environment as a result.

Non-GAAP Measures

EBITDA and Adjusted EBITDA are not financial measures recognized by GAAP. EBITDA represents net loss, computed in accordance with GAAP, before interest expense and bank charges, taxes, and depreciation and amortization. Adjusted EBITDA represents EBITDA adjusted for stock-based compensation expense, foreign currency losses and gains, gains on the sale of certain assets, acquisition costs, certain non-recurring legal and professional fees, settlements and awards, non- recurring severance expense, restructuring expenses, and impairment charges. Depreciation, amortization, stock-based compensation, foreign currency losses (gains), and impairment charges are non-cash items.

We present EBITDA and Adjusted EBITDA in this presentation because we consider them to be useful and appropriate supplemental measures of our performance. Adjusted EBITDA helps us to evaluate our performance without the effects of certain GAAP calculations that may not have a direct cash impact on our current operating performance. In addition, the exclusion of certain costs or gains relating to certain events that occurred during the periods presented allows for a more meaningful comparison of our results from period-to-period. These non-GAAP measures, as we define them, are not necessarily comparable to similarly entitled measures of other companies and may not be an appropriate measure for performance relative to other companies. EBITDA and Adjusted EBITDA should not be assessed in isolation from, are not intended to represent, and should not be considered to be more meaningful measures than, or alternatives to, measures of operating performance as determined in accordance with GAAP.

About VOXX International

G l o b a l m a n u f a c t u r e r a n d d i s t r i b u t o r o f

l i f e s t y l e p r o d u c t s t o c o n s u m e r s w o r l d w i d e

• Founded in 1965 by our Chairman, John Shalam
• Leading market positions in premium audio, rear- seat entertainment, automotive vehicle access and security, and more
• Diversified portfolio with over 35 trusted brands
• Customers include many of the world's largest automotive OEMs, aftermarket car dealers and leading global and specialty retailers
• Strong manufacturing/engineering capabilities
• Longstanding supply chain relationships
• Near-termglobal market challenges with significant long-term expansion opportunities

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Our FY24 Business Segments

OEM and Aftermarket Solutions	Premium Audio and CE Solutions	Physical Security and Embedded Solutions*
• In-vehicle entertainment	•	Home theater systems	• FXT, nano iXT, nano EXT
• Remote start, vehicle access/security	•	Soundbars, loudspeakers, headphones	•	NanoAccess, NanoFace
• Turn signals, sensors and lighting
•	Commercial speakers/applications	•	myris
• Various aftermarket products	•	Various CE and accessories products	• Kimber, Jericho and Harrington

Delivering innovative, high-end consumer lifestyle products to customers and consumers globally

4	* Joint Venture between EyeLock, LLC and GalvanEyes Partners, LLC and the formation of BioCenturion, LC.

Automotive OEM

• Market leading position in rear-seat infotainment	• World-class manufacturing/engineering facilities domestically
• Diverse portfolio of remote starts and vehicle access systems	• Recent expansion into Mexico for select OEM production
•	Addition of VSM - lighting, turn signals and more	•	Continuing to build out engineering capabilities
•	Strong alliances with supply chain / leading content providers	•	Long-standing relationships with OEM customers/prospects

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Automotive Aftermarket

• One of the largest distribution networks in the industry, consisting of new car dealers, retailers and 12-volt specialists
• Decades long relationships with technology innovators
• Diverse offering across multiple categories
• Unquestioned leader in aftermarket rear-seat infotainment and remote start systems
• Leading market share in automotive security and vehicle access

Partnership with Emergency Safety Solutions ("ESS")

H.E.L.P.™ - Hazard Enhanced Location Protocol

CES 2023 Innovation Award Winner

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SECURITY

MOBILE VIDEO

ADAS

ACCESSORIES AND DISTRIBUTION

Premium Audio Business

Premium Audio: Leading Market Share Globally

#1	NORTH AMERICAN MARKET POSITION

Premium Audio Company has the #1 premium speaker brand in the United States with over 25% total market share in the home audio category. Premium Audio Company has the #1 premium speaker brand in Canada with over 35% total market share in the home audio category. - NPD DATA

#1 BRAND IN AUSTRALIA #1 BRAND IN SINGAPORE #1 BRAND IN FRANCE

TOP 5 BRANDS IN KEY APAC MARKETS TOP 5 BRANDS IN KEY EMEA MARKETS ADDITION OF ONKYO, PIONEER AND INTEGRA

Premium Audio: Growth Through Partnerships

Panasonic Automotive Systems of America and INFINITI announced a new partnership between our companies. Building on our relationship for Dodge RAM EV trucks, the all-new QX80 will feature the Klipsch Reference Premiere Audio System, powered by Panasonic.

Expanding our presence through partnerships - creating new sales channels and branding opportunities

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Consumer Electronics and Accessories

• Global leader in consumer electronics accessories
• Broad array of products with strong brands
• Market leading positions in digital antennas, remote controls, wireless speakers and music systems, and more
• Extensive North and South America distribution, selling to major retailers with strong European presence
• Recent growth driven by expanded distribution with Costco in North America for wireless accessory speakers and new Balcony Power Solar products in Germany

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