Gentex — Jul 25, 2025 release

Third quarter 2025 and calendar years 2025 and 2026 forecasted vehicle production volumes from S&P Global Mobility are shown below: Light Vehicle Production (per S&P Global Mobility mid-July light vehicle production forecast) (in Millions) Region Q3 2025 Q3 2024 % Change Calendar Year 2026 Calendar Year 2025 Calendar Year 2024 2026 vs 2025 % Change 2025 vs 2024 % Change North America 3.78  3.77  —  % 14.32  14.85  15.45  (4) % (4) % Europe 3.69  3.73  (1) % 16.80  16.74  17.17  —  % (3) % Japan and Korea 2.92  2.90  1  % 11.34  11.87  11.98  (4) % (1) % China 7.36  7.30  1  % 31.24  31.23  30.09  —  % 4  % Total Light Vehicle Production 17.75  17.70  —  % 73.70  74.69  74.69  (1) % —  % Based on the updated light vehicle production forecast, first-half 2025 results, reduced demand in the China market stemming from recently implemented counter-tariffs, and the expected incremental sales contribution from the VOXX acquisition, Gentex is revising its full-year 2025 guidance. The updated guidance reflects the anticipated impact of all known tariffs effective as of July 25, 2025. 2025 Annual Guidance (as of July 25, 2025) • Consolidated Revenue: $2.44 – $2.61 billion (New consolidated guidance, previously: $2.15 – $2.32 billion) ◦ Gentex primary markets: $2.10 – $2.20 billion ◦ Gentex China market: $100 – $125 million ◦ VOXX Revenue estimate: $240 – $280 million • Gross Margin: 33% – 34% (New consolidated guidance) ◦ Gentex (stand-alone): 34% – 34.5% (Previously 33% - 34%) ◦ VOXX (stand-alone): 27% – 29% • Operating Expenses (New consolidated guidance, excluding severance ): $370 – $390 million ◦ Gentex: $300 – $310 million (unchanged) ◦ VOXX: $70 – $80 million • Tax Rate: 16% – 17% (previously: 15% – 17%) • Capital Expenditures: $100 – $125 million (unchanged ) • Depreciation & Amortization: $91 – $98 million (New consolidated guidance) ◦ Gentex: $90 – $95 million ◦ VOXX: $1 - $3 million Given the current geopolitical environment, tariff landscape, and evolving customer sourcing strategies, the Company will continue to withhold revenue guidance for calendar year 2026 until we have the required visibility needed to support future guidance. Closing Remarks “The second quarter began with a flurry of activity that has not slowed down. We closed the VOXX acquisition on April 1st and then moved very quickly into a chaotic period of global trade unc