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NEWS

RELEASE

IMMEDIATE RELEASE

Strattec Transformation Continues to Deliver Strong Cash Generation; Generated $10.8 Million in Cash from Operations in First Quarter Fiscal 2027

• Strong balance sheet with $111.8 million in cash and no debt at quarter end

• Financial strength enables continued investment in transformation, $5.0 million return of cash in the quarter to shareholders through purchase of 67,904 shares as well as pursuit of strategic growth

• First quarter net sales were $147.2 million, compared with $152.4 million in the prior year

• Net income attributable to Strattec of $4.8 million, or $1.19 per diluted share, compared with $8.5 million, or $2.07 per diluted share, in the prior-year period; adjusted diluted EPS1 was $1.85, compared with $2.22

• Adjusted EBITDA1 of $13.5 million, or 9.2% of net sales, compared with $15.6 million, or 10.2% of net sales, in the prior-year period

MILWAUKEE, WI, October 29, 2026 — Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today reported financial results for its first quarter of fiscal 2027, which ended September 27, 2026.

Jennifer Slater, President and CEO of Strattec, said, “Our first quarter financial results demonstrate the impact of our transformation efforts, which enabled us to achieve a 9.2% adjusted EBITDA margin on $147.2 million in net sales. We continue to improve our cost structure through targeted operational initiatives. During the quarter, we took actions in our Mexico operations that are expected to generate $1.3 million in annualized savings. We believe there remain meaningful opportunities to reduce costs through supply chain improvements and automation which we expect to support margin improvement and strengthen our competitive position.”

She added, “Importantly, the strength of our balance sheet provides us the flexibility to invest in our business while also returning capital to shareholders and pursuing strategic growth opportunities. We have an active acquisition funnel that we believe could advance our long-term strategy. Concurrently, we have remained focused on improving the performance of our operations and driving transformational change.”

FY 2027 First Quarter Financial Summary (compared with prior-year period, except where otherwise noted)

Net sales were $147.2 million, a decrease of $5.2 million, or 3%. Pricing of $1.0 million somewhat offset the $6.2 million impact of lower customer production volumes.

Gross profit was $24.3 million, compared with $26.3 million in the prior-year period, and gross margin contracted 80 basis points to 16.5%. Pricing, $0.9 million in restructuring savings, lower overhead costs and better mix were more than offset by the impact of lower volume, elevated premium freight and annual labor cost increases. Unfavorable foreign currency exchange rates of $1.4 million had a 90 basis point negative impact to gross margin. Sequentially, gross margin improved from 15.6% in the fourth quarter of fiscal 2026 to 16.5% in the first quarter, on lower sales demonstrating continued progress with the transformation.

Selling, administrative and engineering (“SAE”) expenses were $17.9 million, or 12.2% of sales, compared with $15.9 million, or 10.4% of sales, in the prior-year period. The increase was due to $2.4 million in business development expenses. Excluding business development, business transformation and

1 Refer to “Use of Non-GAAP Financial Metrics and Additional Financial Information” as well as accompanying reconciliations to GAAP

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Strattec Transformation Continues to Deliver Strong Cash Generation; Generated $10.8 Million in Cash from Operations in First Quarter Fiscal 2027 October 29, 2026

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executive transition costs, adjusted SAE1 was $15.0 million, or 10.2% of sales, in line with the Company’s target of SAE being 10% to 11% of sales.

Interest income increased $0.1 million to $1.0 million on higher cash balances, while interest expense declined $0.1 million as the Company had no outstanding bank borrowings. Other expense, net was $0.2 million, compared with $0.3 million in the prior-year period.

The effective tax rate was 26.2%, compared with 21.6% in the prior-year period. The higher effective tax rate primarily reflects discrete tax items. Net income attributable to non-controlling interest was $0.5 million, compared with less than $0.1 million in the prior-year period.

Net income attributable to Strattec was $4.8 million, or $1.19 per diluted share, compared with $8.5 million, or $2.07 per diluted share, in the prior-year period. On an adjusted basis, first quarter fiscal 2027 net income attributable to Strattec was $7.5 million, or $1.85 per diluted share, compared with $9.2 million, or $2.22 per diluted share, in the prior-year period. Adjust

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RELEASE

FOR IMMEDIATE RELEASE

Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026

• Fourth quarter fiscal 2026 sales of $151.8 million was better than expected and relatively unchanged from prior year; achieved sales of $579.4 million for fiscal year 2026

• Reported fourth quarter gross margin of 15.6%; full year gross margin expanded to 16.5%, up from 15.0% in fiscal 2025

• Generated fourth quarter net income attributable to Strattec of $3.9 million, or $0.95 per diluted share; adjusted diluted earnings per share were $2.06, unchanged from the prior-year period

• Fourth quarter Adjusted EBITDA was $12.5 million, or 8.3% of net sales, compared with $13.0 million, or 8.5% of sales in the prior-year period; fiscal 2026 Adjusted EBITDA1 was $50.5 million, a 15.3% increase over the prior year

• $108.2 million in cash and no debt; returned $7.4 million to shareholders through share repurchases in the fourth quarter and authorized a new $40 million share buyback program

MILWAUKEE, WI, August 25, 2026 — Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today reported financial results for its fourth quarter and fiscal year 2026, which ended June 28, 2026.

Jennifer Slater, President and CEO of Strattec, said, “Fiscal 2026 was a year of progress and discipline as we continued to reshape Strattec into a more resilient, higher-performing business. While our fourth quarter and full-year results were impacted by foreign exchange pressure and the effect of tariffs, we nonetheless delivered year-over-year growth in sales and gross margin expansion through disciplined pricing, cost actions and operational improvements.”

She added, “We recognize that the near-term environment remains uncertain and we have much work to do to secure future OEM vehicle platforms. We are managing costs and capital prudently, while our strong cash position gives us the flexibility to continue investing in our product technologies, production automation and customer relationships. These investments will better position us to benefit when industry conditions improve. The strength of our balance sheet also allows us to

1 Refer to use of “Non-GAAP Financial Metrics and Additional Financial Information” as well as accompanying reconciliations to GAAP

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414.247.3333

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Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026 August 25, 2026 Page 2 of 10

consider opportunities that could enhance scale and diversify our customers, products and programs over time.”

FY 2026 Fourth Quarter Financial Summary

Net sales were $151.8 million, relatively unchanged from $152.0 million in the prior-year period, and reflected better than expected OEM vehicle production volumes relative to industry forecasts. A majority of the volume decline, including $3.2 million related to customer cancelled EV programs, was offset by pricing actions.

Gross profit was $23.6 million, compared with $25.4 million in the prior year while gross margin contracted 110 basis points to 15.6%. Restructuring savings of $0.8 million, a $0.9 million reduction in tariff charges and pricing were more than offset by $1.9 million of higher costs related to unfavorable foreign currency exchange rates and the prior year benefit of $1.3 million of incremental tooling gains.

Selling, administrative and engineering (“SAE”) expenses increased 3%, or $0.6 million, to $17.5 million, or 11.5% of sales, compared with $16.9 million, or 11.1% of sales, in the prior-year period. Higher SAE expenses included $1.4 million in business transformation and executive transition costs. These costs were partially offset by a $0.7 million reduction in engineering and professional fees and $0.2 million of restructuring savings.

Interest income grew $0.1 million on higher cash balances, while interest expenses declined $0.2 million on lower borrowings. Other income increased $1.4 million primarily as a result of changes in foreign currency exchange rates.

Net income attributable to Strattec was $3.9 million, or $0.95 per diluted share, compared with $8.3 million, or $2.01 per diluted share, in the prior-year period. On an adjusted basis, fourth quarter fiscal 2026 net income attributable to Strattec was $8.4 million and adjusted diluted earnings per share1 was $2.06 unchanged from the prior year.

Adjusted EBITDA1 for the quarter was $12.5 million compared with $13.0 million in the prior-year period. Adjusted EBITDA margin of 8.3%, compared with 8.5% in the fiscal 2025 fourth quarter.

Solid Balance Sheet

Cash from operations in the fourth quarter of fiscal 2026 was $9.7 million, compared with $30.2 million in the prior-year period which benefited from a significant reduction in working capital.

At June 28, 2026, Str

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RELEASE

FOR IMMEDIATE RELEASE

For Third Quarter Fiscal 2026, Strattec Continued to Advance Transformation Efforts to Strengthen Business Performance

• Strong balance sheet provides financial flexibility with $107 million of cash; $11.4 million of cash generated from operations in the third quarter

• Sales declined 4.5%, consistent with expectations, on lower North American OEM automotive production volumes of key platforms

• Gross margin improved 50 basis points year-over-year to 16.5%, despite the sales decline and 170 basis point foreign currency exchange rate headwind

• Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share; Adjusted EBITDA1 was $10.1 million, or 7.3% of net sales

MILWAUKEE, WI, May 7, 2026 — Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today reported financial results for its third quarter of fiscal year 2026, which ended March 29, 2026.

Jennifer Slater, President and CEO of Strattec, said, “We are continuing to progress on our strategy to transform Strattec into a more predictable, higher performing business even as we continually face the challenges of the automotive industry including weak end market demand, platform changes, tariffs and the long-cycle nature of the sector. Our near-term objectives remain focused on improving our cost structure and driving a stronger more predictable business while positioning ourselves to win new opportunities on future platforms for model years 2029 and beyond and developing deeper relationships with both current and prospective customers.”

She concluded, “Our team is leaning into the challenges and recognizes there is still more work to be done. We are encouraged with our potential and are supported with a very solid balance sheet and strong cash generation.”

FY 2026 Third Quarter Financial Summary

Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period. Lower sales were the result of $7.7 million in lower volume including $3.4 million lower sales related to customer EV program cancellations. The volume declines were partially offset by $1.3 million in pricing including $0.6 million in tariff recoveries.

1 Refer to use of “Non-GAAP Financial Metrics and Additional Financial Information” as well as accompanying reconciliations to GAAP

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For Third Quarter Fiscal 2026, Strattec Continued to Advance Transformation Efforts to Strengthen Business Performance May 7, 2026 Page 2 of 10

Gross profit was $22.7 million, compared with $23.1 million in the prior year, on lower volume. Gross margin expanded 50 basis points to 16.5% primarily as a result of $1.7 million in restructuring savings and $0.6 million of recoveries from customer program cancellations. Partially offsetting these benefits were $2.5 million higher costs related to unfavorable changes in foreign exchange rates, a $0.5 million increase in labor and benefit costs, and $0.3 million of incremental tariff costs.

Selling, administrative and engineering (“SAE”) expenses increased $1.6 million to $17.6 million, or 12.8% of sales, compared with $16.0 million, or 11.1% of sales, in the prior-year period. Elevated SAE expenses included $1.4 million in business transformation and executive transition costs, $1.3 million increase in salaries and employee benefits and $0.4 million increase in professional fees. These costs were partially offset by $0.7 million in recoveries related to customer cancelled EV programs and restructuring savings of $0.2 million.

Interest income grew $0.4 million on higher cash balances, while interest expenses declined $0.2 million on lower borrowings. Other expense increased $0.7 million primarily as a result of unfavorable foreign currency movements at the end of the reported period and related fair value adjustments to foreign currency forward contracts.

Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share, compared with $5.4 million, or $1.32 per diluted share, in the prior-year period. On an adjusted basis, third quarter fiscal 2026 net income attributable to Strattec was $3.7 million and adjusted diluted earnings per share1 was $0.90, compared with $1.50 in the prior year. Lower adjusted dilutive earnings per share was primarily the result of changes in foreign currency exchange rates, which unfavorably impacted year-over-year comparisons of both cost of goods sold and other income and expense.

Adjusted EBITDA1 for the quarter was $10.1 million compared with $12.9 million in the prior-year period. Adjusted EBITDA margin of 7.3%, compared with 8.9% in the fiscal 2025 third quarter.

Strong Balance Sheet

Cash from operations in the third quarter of fiscal 2026 was $11.4 million, compared with $20.7 million in the prior-year period. Despite lowe