Gentex — Jul 25, 2025 release

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 uncertainty that lasted for the entire quarter and remains unresolved. It was, nevertheless, a very productive quarter, as we continued to make progress on our path to improved profitability. Our teams are performing at a very high level and our operational efficiency is improving significantly versus the same time last year. These improvements played a key role in driving strong revenue and profitability improvements, despite revenue reductions in the domestic China market and the lower than expected light vehicle production in our primary markets. Over the next several quarters, the Company will continue executing the margin improvement initiatives