STANDEX REPORTS FISCAL THIRD QUARTER 2025 FINANCIAL RESULTS

— Sales Increased 17.2% with Contributions from Acquisitions Partially Offset by Organic Decline; Fast Growth End Markets Increased to 29% of Total Sales

— GAAP Gross Margin of 39.7%; Record Adjusted Gross Margin of 42.3% – Up 140 bps Sequentially and 230 bps YOY

— GAAP Operating Margin of 12.6%; Record Adjusted Operating Margin of 19.4% – Up 70 bps Sequentially and 280 bps YOY

— Electronics Book to Bill of 0.98 Indicating Market Stability; Electronics Organic Bookings up >10% YOY; Strong Amran/Narayan Group Sales of >$33 Million with Book to Bill of 1.04

— Acquired McStarlite, a Leading Provider of Complex Sheet Metal Aerospace Components, Serving Space, Defense, and Commercial Aviation End Markets

Standex International Corporation (NYSE: SXI) today reported financial results for the third quarter of fiscal year 2025 ended March 31, 2025.

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Summary Financial Results – Total($M except EPS and Dividends) 3Q25 3Q24 2Q25 Y/Y Q/QNet Sales $207.8 $177.3 $189.8 17.2% 9.5%Operating Income – GAAP $26.3 $21.8 $8.5 20.2% 210.2%Operating Income – Adjusted $40.3 $29.4 $35.5 37.3% 13.8%Operating Margin % – GAAP 12.6% 12.3% 4.5% + 30 bps + 820 bpsOperating Margin % – Adjusted 19.4% 16.6% 18.7% + 280 bps + 70 bpsNet Income from Continuing Ops – GAAP $21.9 $15.9 $0.9 37.6% 2420.0%Net Income from Continuing Ops – Adjusted $23.5 $22.3 $23.0 5.6% 2.5%EBITDA $35.7 $28.4 $16.1 25.7% 122.0%EBITDA margin 17.2% 16.0% 8.5% +120 bps + 870 bpsAdjusted EBITDA $45.3 $34.5 $39.6 31.3% 14.4%Adjusted EBITDA margin 21.8% 19.5% 20.9% + 190 bps + 90 bpsDiluted EPS – GAAP $1.81 $1.35 $0.07 35.4% 2407.0%Diluted EPS – Adjusted $1.95 $1.88 $1.91 3.7% 2.2%Dividends per Share $0.32 $0.30 $0.32 6.7% 0.0%Free Cash Flow $3.5 $19.3 $2.2 -81.9% 59.1%Funded Debt to EBITDA per the Credit Facility 2.8x 0.6x 2.7x 366.7% 3.7%Net Debt to EBITDA 3.0x 0.1x 2.9x NM 3.4%

Third Quarter Fiscal 2025 Results

Commenting on the quarter's results, President and Chief Executive OfficerDavid Dunbarsaid, “Following strong operating performance in the fiscal second quarter, we achieved several new records in our fiscal third quarter: record sales since the divestment of the Refrigeration business in April 2020, record adjusted gross margin of 42.3%, and record adjusted operating margin of 19.4%. These results reflect the continued solid operational performance from core businesses, a full quarter of ownership of the fast-growing Amran/Narayan group, and contribution from the recent McStarlite acquisition.Our fast growth market sales totaled $60.4 million or approximately 29% of total sales and are well on track to our expectations for the fiscal year of approximately $170 million. We remain confident about the Company's exposure to positive secular trends in electrical grid, electric and hybrid vehicles, renewable energy, commercialization of space, and defense, and we are reaffirming our long-term target for fast growth market sales of $340 million plus by fiscal year 2028. In addition, we launched three additional new products in the fiscal third quarter totaling 13 year-to-date, achieving our previously committed target of over a dozen and delivering more than 2% of incremental sales.”

“While we cannot predict the impact of new tariffs on global trade and economic growth, our regional presence, strong customer relationships, and our disciplined approach to pricing and productivity actions position us well to manage through these challenges. Most of our supply chain is strategically located to service regional demand. China imports to the US approximately 6% of our cost of goods sold. We plan to continue to invest in our key strategic growth priorities, while closely managing our cost structure, driving productivity and pricing actions and seeking alternate sources of supply to further reduce our imports from China. We remain on track to achieve our long-term financial targets by fiscal 2028 and remain confident in our ability to pay down debt and reduce our net leverage ratio.”

“In early February, we acquired California-based McStarlite. The integration is on track, and we are excited about our expanded product breadth and forming capabilities in commercial aviation, space and defense applications. We expect the acquisition to be accretive to earnings in the first year of ownership.”

Outlook

In fiscal fourth quarter 2025, on a sequential basis,the Company expects slightly to moderately higher revenue, driven by the impact of recent acquisitions, higher sales into fast growth end markets, and realization of pricing initiatives. On a sequential basis, the Company expects slightly to moderately higher adjusted operating margin, benefiting from higher revenue and realization of productivity actions, partially offset by higher tariff costs and targeted investments in selling, marketing, and R&D.

Third Quarter Segment Operating Performance

Electronics (54% of sales; 68% of segment adjusted operating income)

3Q25 3Q24 % ChangeElectronics ($M)Revenue 111.3 80.4 38.4%GAAP Operating Income 25.5 15.7 62.2%GAAP Operating Margin % 22.9 19.5Adjusted Operating Income* 33.2 17.9 85.4%Adjusted Operating Margin %* 29.8 22.2* Excludes the amortization of acquired backlog, the step-up of inventory to fair value, and acquired intangible assets; Q3 FY24 restated to exclude the amortization of acquired intangible assets

Revenue increased approximately $30.9 million or 38.4% year-on-year, reflecting a 48.1% benefit from acquisitions, partially offset by an organic decline of 8.9% and a 0.8% impact from foreign currency. The organic decline was due to continued softness in the automotive end markets in Europe and North America and in general industrial end markets. Adjusted operating income increased approximately $15.3 million or 85.4% year-on-year due to the contribution from theAmran/Narayan Group acquisition, productivity initiatives and product mix, partially offset by lower core volume.

The segment had a book-to-bill ratio of approximately 0.98 in the fiscal third quarter, with orders of approximately $109 million. Orders in Electronics core business remained flat sequentially with a continued increase in demand in the electrical grid end market served by Amran/Narayan Group.

In fiscal fourth quarter 2025, on a sequential basis, the Company expects slightly higher revenue and similar to slightly higher adjusted operating margin, primarily driven by contributions from the Amran/Narayan Group acquisition, higher sales into fast growth end markets, and price realization, partially offset by higher tariff costs and continued strategic growth investments.

Engraving (14% of sales; 7% of segment adjusted operating income)

3Q25 3Q24 % ChangeEngraving ($M)Revenue 30.6 36.3 -15.7%GAAP Operating Income 3.1 6.3 -51.2%GAAP Operating Margin % 10.0 17.2Adjusted Operating Income* 3.4 6.7 -48.8%Adjusted Operating Margin %* 11.2 18.4* Excludes the amortization of acquired intangible assets; Q3 FY24 restated to exclude the amortization of acquired intangible assets

Revenue decreased approximately $5.7 million or 15.7% year-on-year reflecting a 12.6% organic decline, primarily due to continued softness in North America from delays in new platform rollouts, and a foreign currency impact of 3.1%. Adjusted operating income decreased approximately $3.3 million or 48.8% year-on-year due to the lower revenue. Operatingdeleverage was partially offset by the realization of previously announced productivity initiatives and restructuring actions.

In fiscal fourth quarter 2025, on a sequential basis, the Company expects slightly higher revenue and moderately higher adjusted operating margin due to more favorable project timing in Asia, slightly improved demand in North America and Europe, and realization of previously announced restructuring actions.

Scientific (9% of sales; 8% of segment adjusted operating income)

3Q25 3Q24 % ChangeScientific ($M)Revenue 18.3 16.9 8.1%GAAP Operating Income 3.9 4.9 -20.4%GAAP Operating Margin % 21.3 28.9Adjusted Operating Income* 4.1 5.1 -19.7%Adjusted Operating Margin %* 22.6 30.4* Excludes the amortization of acquired intangible assets; Q3 FY24 restated to exclude the amortization of acquired intangible assets

Revenue increased approximately $1.4 million or 8.1% year-on-year reflecting a 16.1% benefit from the CustomBiogenic Systems acquisition, partially offset by organic decline of 8.0%, mostly due to lower demand from academic and research institutions that were impacted by NIH funding cuts.Adjusted operating income decreased approximately $1.0 million or 19.7% year-on-year due to organic decline partially offset by contribution from the acquisition.

In fiscal fourth quarter 2025, on a sequential basis, the Company expects slightly lower revenue and adjusted operating margin due to soft demand from academic and research institutions affected by NIH funding cuts and higher tariff costs.

Engineering Technologies (13% of sales; 10% of segment adjusted operating income)

3Q25 3Q24 % ChangeEngineering Technologies ($M)Revenue 27.4 20.1 36.2%GAAP Operating Income 3.4 3.5 -3.0%GAAP Operating Margin % 12.5 17.5Adjusted Operating Income* 5.1 3.5 44.3%Adjusted Operating Margin %* 18.6 17.5* Excludes the amortization of acquired backlog, the step-up of inventory to fair value, and acquired intangible assets; Q3 FY24 restated to exclude the amortization of acquired intangible assets

Revenue increased approximately $7.3 million or 36.2% year-on-year reflecting a 26.3% benefit from the recentMcStarlite acquisition and organic growth of 9.9%, driven by more favorable project timing in the space end market and growth in sales from new products. Adjusted operating income increased approximately $1.6 million or 44.3% year-on-year reflecting the contribution from the recent acquisition and higher volume.

In fiscal fourth quarter 2025, on a sequential basis, the Company expects similar to slightly higher revenue and similar adjusted operating margin.

Specialty Solutions (10% of sales; 7% of segment adjusted operating income)

3Q25 3Q24 % ChangeSpecialty Solutions ($M)Revenue 20.2 23.5 -13.9%Operating Income 3.3 4.7 -29.8%Operating Margin % 16.2 19.9

Specialty Solutions revenue decreased approximately $3.3 million or 13.9% year-on-year, reflecting general market softness in the Display Merchandising business and in the Hydraulics business. Operating income decreased approximately $1.4 million or 29.8% year-on-year due to lower volume.

In fiscal fourth quarter 2025, on a sequential basis, the Company expects moderately higher revenue and operating margin.

Capital Allocation

— Interest: In fiscal fourth quarter 2025, the Company expects interest expense to be approximately $9 million.

— Share Repurchase: During the fiscal third quarter of 2025, the Company didn't repurchase shares. There was approximately $28 million remaining on the Company's current share repurchase authorization at the end of the fiscal third quarter 2025.

— Capital Expenditures: In fiscal third quarter 2025, the Company's capital expenditures were $6.1 million compared to $5.2 million in the fiscal third quarter of 2024. The Company expects fiscal year 2025 capital expenditures between $25 million and $30 million. Capital expenditures were $20.3 million in fiscal 2024.

— Dividend: On April 24, 2025, the Company declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase. The dividend is payable May 23, 2025, to shareholders of record on May 9, 2025.

Balance Sheet and Cash Flow Highlights

— Net Debt:Standex had net (cash) debt of $ 470.4 million on March 31, 2025, compared to $10.0 million at the end of fiscal third quarter 2024. Net (cash) debt for the third quarter of 2025 consisted primarily of long-term debt of $580.2 million and cash and equivalents of $109.8 million.

— Cash Flow: Net cash provided by continuing operating activities for the three months ended March 31, 2025, was$9.6 million compared to $24.4 millionin the prior year's quarter. Free cash flow after capital expenditures was$3.5 millioncompared to free cash flow after capital expenditures of$19.3 millionin the fiscal third quarter of 2024.

Conference Call Details

Standex will host a conference call for investors tomorrow, May 2, 2025, at 8:30 a.m. ET. On the call, David Dunbar, President, and CEO, and Ademir Sarcevic, CFO, will review the Company's financial results and business and operating highlights. Investors interested in listening to the webcast and viewing the slide presentation should log on to the “Investors” section of Standex's website under the subheading, “Events and Presentations,” located at www.standex.com.

A replay of the webcast will also be available on the Company's website shortly after the conclusion of the presentation online through May 2, 2026. To listen to the teleconference playback, please dial in the U.S. (888) 660-6345or (646) 517-4150 internationally; the passcode is 15269#. The audio playback via phone will be available through May 9, 2025. The webcast replay can be accessed in the “Investor Relations” section of the Company's website, located at www.standex.com.

Use of Non-GAAP Financial Measures

In addition to the financial measures prepared in accordance with generally accepted accounting principles (“GAAP”), the Company uses certain non-GAAP financial measures, including non-GAAP adjusted income from operations, non-GAAP adjusted net income from continuing operations, free operating cash flow, EBITDA (earnings before interest, taxes, depreciation and amortization) adjusted EBITDA, adjusted EBITDA to net debt, and adjusted earnings per share. The attached financial tables reconcile non-GAAP measures used in this press release to the most directly comparable GAAP measures. The Company believes that the use of non-GAAP measures which exclude the impact of restructuring charges, purchase accounting, amortization from acquired intangible assets, insurance recoveries, discrete tax events, gain or loss on sale of a business unit, acquisition costs, and litigation costs help investors to obtain a better understanding of our operating results and prospects, consistent with how management measures and forecasts the Company's performance, especially when comparing such results to previous periods. An understanding of the impact in a particular quarter of specific restructuring costs, acquisition expenses, or other gains and losses, on net income (absolute as well as on a per-share basis), operating income or EBITDA can give management and investors additional insight into core financial performance, especially when compared to quarters in which such items had a greater or lesser effect, or no effect. Non-GAAP measures should be considered in addition to, and not as a replacement for, the corresponding GAAP measures, and may not be comparable to similarly titled measures reported by other companies.

About Standex

Standex International Corporationis a multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India, and China. For additional information, visit the Company's website at http://standex.com/.

Forward-Looking Statements

Statements contained in this Press Release that are not based on historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as “should,””could,””may,””will,””expect,””believe,””estimate,””anticipate,””intend,””continue,” or similar terms or variations of those terms or the negative of those terms. There are many factors that affect the Company's business and the results of its operations and that may cause the actual results of operations in future periods to differ materially from those currently expected or anticipated.These factors include, but are not limited to: the impact of pandemics and other global crises or catastrophic events on employees, our supply chain, and the demand for our products and services around the world; materially adverse or unanticipated legal judgments, fines, penalties or settlements; conditions in the financial and banking markets, including fluctuations in exchange rates and the inability to repatriate foreign cash; domestic and international economic conditions, including the impact, length and degree of economic downturns on the customers and markets we serve and more specifically conditions in the electrical grid, automotive, construction, aerospace, defense, transportation, food service equipment, consumer appliance, energy, oil and gas and general industrial markets; lower-cost competition; the relative mix of products which impact margins and operating efficiencies in certain of our businesses; the impact of higher raw material and component costs, particularly steel, certain materials used in electronics parts, petroleum based products, and refrigeration components; the impact of higher transportation and logistics costs, especially with respect to transportation of goods from Asia; the impact of inflation on the costs of providing our products and services; an inability to realize the expected cost savings from restructuring activities including effective completion of plant consolidations, cost reduction efforts including procurement savings and productivity enhancements, capital management improvements, strategic capital expenditures, and the implementation of lean enterprise manufacturing techniques; the potential for losses associated with the exit from or divestiture of businesses that are no longer strategic or no longer meet our growth and return expectations; the inability to achieve the savings expected from global sourcing of raw materials and diversification efforts in emerging markets; the impact on cost structure and on economic conditions as a result of actual and threatened increases in trade tariffs; the inability to attain expected benefits from acquisitions and the inability to effectively consummate and integrate such acquisitions and achieve synergies envisioned by the Company; increased costs from acquisitions to improve and coordinate managerial, operational, financial, and administrative systems, including internal controls over financial reporting and compliance with the Sarbanes-Oxley Act of 2002, and other costs related to such systems in connection with acquired businesses; market acceptance of our products; our ability to design, introduce and sell new products and related product components; the ability to redesign certain of our products to continue meeting evolving regulatory requirements; the impact of delays initiated by our customers; our ability to increase manufacturing production to meet demand including as a result of labor shortages; the impact on our operations of any successful cybersecurity attacks; and potential changes to future pension funding requirements. For a more comprehensive discussion of these and other factors, see the “Risk Factors” section of the Company's most recent annual report on Form 10-K filed with the SEC and available on the Company's website. In addition, any forward-looking statements represent management's estimates only as of the day made and should not be relied upon as representing management's estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company and management specifically disclaim any obligation to do so, even if management's estimates change.

Standex International CorporationConsolidated Statement of Operations (unaudited) Three Months Ended Nine Months Ended March 31, March 31,(In thousands, except per share data) 2025 2024 2025 2024Net sales $ 207,780 177,267 $ 568,058 $ 540,441Cost of sales 125,350 108,977 344,108 327,853Gross profit 82,430 68,290 223,950 212,588Selling, general and administrative expenses 47,564 39,719 130,796 122,466(Gain) loss on sale of business – – – (274)Restructuring costs 1,976 4,037 3,982 7,303Amortization of acquired intangible assets 4,485 2,045 9,965 6,159Acquisition related costs 2,152 537 20,392 2,233Other operating (income) expense, net – 110 – 110Income from operations 26,253 21,842 58,815 74,591Interest expense 8,363 949 14,915 3,244Other non-operating (income) expense, net 309 627 1,171 1,805Total 8,672 1,576 16,086 5,049Income from continuing operations before income taxes 17,581 20,266 42,729 69,542Provision for income taxes (5,197) 4,327 475 15,639Net income from continuing operations 22,778 15,939 42,254 53,903Income (loss) from discontinued operations, net of tax (52) (141) (56) (420)Net income 22,726 15,798 42,198 53,483Less: net income attributable to redeemable noncontrolling interest 846 – 1,264 -Net income attributable to Standex International $ 21,880 $ 15,798 $ 40,934 $ 53,483Basic earnings per share:Income (loss) from discontinued operations – (0.01) – (0.03)Total income (loss) attributable to Standex International $ 1.83 $ 1.34 $ 3.44 $ 4.55Diluted earnings per share:Income (loss) from discontinued operations – (0.02) – (0.04)Total income (loss) attributable to Standex International $ 1.81 $ 1.33 $ 3.41 $ 4.50Average Shares OutstandingBasic 11,986 11,772 11,906 11,764Diluted 12,059 11,849 11,997 11,876Standex International CorporationCondensed Consolidated Balance Sheets(unaudited) December 31, June 30,(In thousands) 2024 2024ASSETSCurrent assets:Cash and cash equivalents $ 109,810 154,203Accounts receivable, net 169,876 121,365Inventories 119,966 87,106Prepaid expenses and other current assets 87,239 67,421Total current assets 486,891 430,095Property, plant, equipment, net 146,666 134,963Intangible assets, net 226,823 78,673Goodwill 610,740 281,283Deferred tax asset 16,633 17,450Operating lease right-of-use asset 43,314 37,078Other non-current assets 23,489 25,515Total non-current assets 1,067,665 574,962Total assets $ 1,554,556 $ 1,005,057LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable $ 76,488 63,364Accrued liabilities 59,414 56,698Income taxes payable 7,168 7,503Total current liabilities 143,070 127,565Long-term debt 579,406 148,876Operating lease long-term liabilities 36,611 30,725Accrued pension and other non-current liabilities 80,969 76,388Total non-current liabilities 696,986 255,989Redeemable non-controlling interest 27,573 -Stockholders' equity:Common stock 41,976 41,976Additional paid-in capital 135,241 106,193Retained earnings 1,115,862 1,086,277Accumulated other comprehensive loss (177,832) (182,956)Treasury shares (428,320) (429,987)Total stockholders' equity 686,927 621,503Total liabilities, redeemable noncontrolling interest and stockholders' equity $ 1,554,556 $ 1,005,057Standex International Corporation and SubsidiariesStatements of Consolidated Cash Flows(unaudited) Nine Months Ended March 31,(In thousands) 2025 2024Cash Flows from Operating ActivitiesNet income $ 42,198 53,483Income (loss) from discontinued operations (56) (420)Income from continuing operations 42,254 53,903Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization 25,310 21,146Stock-based compensation 7,878 8,524Non-cash portion of restructuring charge (401) 895(Gain) loss on sale of business – (274)Contributions to defined benefit plans (6,153) (8,506)Net changes in operating assets and liabilities (32,675) (11,079)Net cash provided by operating activities – continuing operations 36,213 64,609Net cash provided by (used in) operating activities – discontinued operations (42) (497)Net cash provided by (used in) operating activities 36,171 64,112Cash Flows from Investing ActivitiesExpenditures for property, plant and equipment (19,762) (13,765)Expenditures for acquisitions, net of cash acquired (477,381) (47,696)Proceeds from the sale of business – 7,774Other investing activities 3,800 (270)Net cash provided by (used in) investing activities (493,343) (53,957)Cash Flows from Financing ActivitiesProceeds from borrowings 792,313 -Payments of debt (362,109) (25,000)Activity under share-based payment plans 2,019 1,325Purchase of treasury stock (9,582) (31,781)Cash dividends paid (11,197) (10,375)Net cash provided by (used in) financing activities 411,443 (65,831)Effect of exchange rate changes on cash 1,336 (1,231)Net changes in cash and cash equivalents (44,393) (56,907)Cash and cash equivalents at beginning of year 154,203 195,706Cash and cash equivalents at end of period $ 109,810 $ 138,799Standex International CorporationSelected Segment Data(unaudited) Three Months Ended Nine Months Ended March 31, March 31,(In thousands) 2025 2024 2025 2024Net SalesElectronics $ 111,283 $ 80,431 $ 284,939 $ 241,538Engraving 30,585 36,297 95,402 117,936Scientific 18,292 16,925 54,462 51,410Engineering Technologies 27,375 20,098 70,555 58,205Specialty Solutions 20,245 23,516 62,700 71,352Total $ 207,780 $ 177,267 $ 568,058 $ 540,441Income from operationsElectronics $ 25,471 $ 15,700 $ 59,918 $ 47,884Engraving 3,058 6,260 13,004 22,765Scientific 3,895 4,896 13,362 14,074Engineering Technologies 3,417 3,524 11,120 9,946Specialty Solutions 3,278 4,668 10,388 14,250Restructuring (1,976) (4,037) (3,982) (7,303)Gain (loss) on sale of business – – – 274Acquisition related costs (2,152) (537) (20,392) (2,233)Corporate (8,738) (8,522) (24,603) (24,956)Other operating income (expense), net – (110) – (110)Total $ 26,253 $ 21,842 $ 58,815 $ 74,591Standex International CorporationReconciliation of GAAP to Non-GAAP Financial Measures(unaudited) Three Months Ended Nine Months Ended March 31, March 31,(In thousands, except percentages) 2025 2024 % Change 2025 2024 % ChangeAdjusted income from operations and adjusted net income from continuing operations:Net Sales $ 207,780 $ 177,267 17.2% $ 568,058 $ 540,441 5.1%Income from operations, as reported $ 26,253 $ 21,842 20.2% $ 58,815 $ 74,591 -21.2% Income from operations margin 12.6% 12.3% 10.4% 13.8%Adjustments: Restructuring charges 1,976 4,037 3,982 7,303 Acquisition-related costs 2,152 537 20,392 2,233 Amortization of acquired intangible assets 4,485 2,045 9,965 6,159 (Gain) loss on sale of business – – – (274) Environmental remediation – 110 – 110 Purchase accounting expenses 5,479 818 11,676 1,463Adjusted income from operations $ 40,345 $ 29,389 37.3% $ 104,830 $ 91,585 14.5% Adjusted income from operations margin 19.4% 16.6% 18.5% 16.9% Interest and other income (expense), net (8,672) (1,576) (16,086) (5,049) Foreign currency related (gain) loss on acquisition and divestiture activities – 591 554 309 Provision for income taxes 5,197 (4,327) (475) (15,639) Discrete and other tax items (9,321) – (8,946) 100 Tax impact of above adjustments (3,173) (1,794) (10,314) (3,953)Net income from continuing operations, as adjusted 24,375 22,283 9.4% 69,563 67,353 3.3% Less: net income attributable to redeemable noncontrolling interest 846 – 1,264 -Net income attributable to Standex International, as adjusted $ 23,530 $ 22,283 5.6% $ 68,299 $ 67,353 1.4%EBITDA and Adjusted EBITDA:Net income (loss) from continuing operations, as reported $ 22,778 $ 15,939 42.9% $ 42,254 $ 53,903 Net income from continuing operations margin 11.0% 9.0% 7.4% 10.0%Add back: Provision for income taxes (5,197) 4,327 475 15,639 Interest expense 8,363 949 14,915 3,244 Depreciation and amortization 9,744 7,177 25,310 21,146EBITDA $ 35,688 $ 28,392 25.7% $ 82,954 $ 93,932 -11.7% EBITDA Margin 17.2% 16.0% 14.6% 17.4%Adjustments: Restructuring charges 1,976 4,037 3,982 7,303 Acquisition-related costs 2,152 537 20,392 2,233 (Gain) loss on sale of business – – – (274) Foreign currency related (gain) loss on acquisition and divestiture activities – 591 – 309 Environmental remediation – 110 – 110 Purchase accounting expenses 5,479 818 11,676 1,463Adjusted EBITDA $ 45,295 $ 34,485 31.3% $ 119,004 $ 105,076 13.3% 21.8% 19.5% 20.9% 19.4%Free operating cash flow:Net cash provided by operating activities – continuing operations, as reported $ 9,551 $ 24,442 $ 36,213 $ 64,609Less: Capital expenditures (6,072) (5,178) (19,762) (13,765)Free cash flow from continuing operations $ 3,479 $ 19,264 $ 16,451 $ 50,844Standex International CorporationReconciliation of GAAP to Non-GAAP Financial Measures(unaudited) Three Months Ended Nine Months EndedAdjusted earnings per share from continuing operations March 31, March 31, 2025 2024 % 2025 2024 % Change ChangeDiluted earnings per share from net income attributable to $ 1.81 $ 1.35 34.4% $ 3.41 $ 4.54 -24.8%Standex, as reportedAdjustments: Restructuring charges 0.13 0.26 0.25 0.48 Acquisition-related costs 0.14 0.04 1.36 0.14 Amortization of acquired intangible assets 0.29 0.13 0.63 0.40 Gain on bargain purchase – – – – Litigation (settlement refund) charge – – – – (Gain) loss on sale of business – – – (0.02) Foreign currency related (gain) loss on acquisition and divestiture activities – 0.04 0.04 0.02 Environmental remediation – 0.01 – 0.01 Discrete tax items (0.77) – (0.74) 0.01 Purchase accounting expenses 0.35 0.05 0.74 0.09Diluted earnings per share from net income attributeable $ 1.95 $ 1.88 3.6% $ 5.69 $ 5.67 0.3%to Standex, as adjusted

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