Company Overview

August 2018 Forward-Looking Statements

Statements in this presentation contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this report and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) acquisition strategy, (iii) investments and new product development, (iv) growth opportunities related to awarded business and (v) operational expectations. Forward-looking statements may be identified by the words “will,” “may,” “should,” “designed to,” “believes,” “plans,” “projects,” “intends,” “expects,” “estimates,” “anticipates,” “continue,” and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by the statements. Important factors that could cause actual results to differ materially from those in the forward- looking statements include, among other factors: • the reduced purchases, loss or bankruptcy of a major customer or supplier; • the costs and timing of business realignment, facility closures or similar actions; • a significant change in automotive, commercial, off-highway, motorcycle or agricultural vehicle production; • competitive market conditions and resulting effects on sales and pricing; • the impact on changes in foreign currency exchange rates on sales, costs and results, particularly the Argentinian peso, Brazilian real, Chinese renminbi, euro, Mexican peso and Swedish krona; • our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions; • customer acceptance of new products; • our ability to successfully launch/produce products for awarded business; • adverse changes in laws, government regulations or market conditions, including tariffs, affecting our products or our customers’ products; • our ability to protect our intellectual property and successfully defend against assertions made against us; • liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers; • labor disruptions at our facilities or at any of our significant customers or suppliers; • the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output; • the amount of our indebtedness and the restrictive covenants contained in the agreements governing our indebtedness, including our revolving credit facility; • capital availability or costs, including changes in interest rates or market perceptions; • the failure to achieve the successful integration of any acquired company or business; • risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber attack and other similar disruptions; and • the items described in Part I, Item IA (“Risk Factors”) of our 10-K filed with the SEC. In addition, the forward-looking statements contained herein represent our estimates only as of the date of this release and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise. Rounding Disclosure: There may be slight immaterial differences between figures represented in our public filings compared to what is shown in this presentation. The differences are the a result of rounding due to the representation of values in millions rather than thousands in public filings.

2 About Stoneridge

No end-market* Founded comprises more than Manufacturing locations on 4 1965 11 continents 1/3 NYSE: SRI of our year-to-date sales

2018 Revenue growth** 2018 Q2 Adj. EPS growth 5-year backlog*** 6%+ 33% $3.3 billion 5.3x 2017 OEM sales

Stoneridge is an established, global company with a well diversified product portfolio, strong historical financial performance and a robust 5-year backlog

*End-markets include passenger car, light truck / SUV, commercial vehicle, aftermarket and other, including agriculture, off-highway vehicles, material handling, etc. ** 2018 revenue growth based on lower-end of guided range 3 *** As of December 31, 2017 Global Reach

Headquarters relocated to Novi, MI in 4Q16 to facilitate stronger customer relationships and attract and retain talent

Global Headquarters Manufacturing Site Design Center Sales & Technical Support 11 Manufacturing Sites 10 Design Centers

4 Organization Overview

2018 Sales* : $870.0m Stoneridge, Inc. (NYSE: SRI)

50% of 2018 Q2 Sales 41% of 2018 Q2 Sales 9% of 2018 Q2 Sales Stoneridge SCD Stoneridge SRE PST ELETRÔNICA PST CONTROL DEVICES ELECTRONICS (JV, BRAZIL) High Performance Actuators Driver Information Systems Track & Trace Sensors: Particle Matter (Soot), Vision Systems Telematics Temperature, Speed, Position, Telematics Systems Safety & Security Pressure, Fluid Level, Torque Tachograph Systems Electronic Modules Evaporative Emission Reduction and Solenoid Control Electronic Control Units (ECU) Alarm & Remote Access Valves Electronic Logging Devices Audio Power & Switch Modules

Stoneridge ELECTRONICS Advanced vehicle camera systems and displays Radar

*Based on lower end of full year guidance provided Video Recording 5 on Q2 2018 earnings call on August 2, 2018 Building a Culture of Performance and Growth

6 Our Current Leadership New Hire or New Position since 2015

7 Leadership Team Capable of Driving Global Growth

Stoneridge has systematically assembled an executive team comprised of industry leaders capable of driving global, sustainable performance and growth

8 *Based on lower end of full year guidance provided on Q2 2018 earnings call on August 2, 2018 Business Share by Segment and Region

Business Segments (2017) Regions (2017)*

We continue to diversify our product portfolio and geographic exposure through organic and inorganic growth opportunities

*Regional sales based on manufactured location. 9 China – A Platform for Growth

Strong financial performance Backlog suggests CAGR of over 20% from 2016 – 2020* World-class manufacturing facility in Suzhou Products, operations and engineering focused on “Asia-for-Asia” strategy Regulations creating emissions requirements Exhaust gas temperature (EGT) sensors (Control Devices segment) Local customers and content growth Commercial vehicle driver information systems (Electronics segment)

Continuing to focus on opportunities to serve the local market and expand manufacturing and development in China as a catalyst for growth

10 *Based on September 2017 IHS; Q3 2017 LMC 2018 Full Year Volume Outlook

Sales by End Market (2017) Passenger Car*

(Units in Millions) Stoneridge Vehicle Production 2018 2017E Sales** 2017E 2018E B/(W) 2017 Europe 5.0% 22.3 22.8 2.0% Asia 20.9% 50.0 50.4 0.9% North America 73.8% 17.1 17.4 1.6% South America 0.1% 3.3 3.7 13.1% Other 0.2% 2.6 2.8 9.0% Total 100.0% 95.3 97.1 1.9%

Commercial Vehicle*

(Units in Millions) Stoneridge Vehicle Production 2018 2017E Sales** 2017E 2018E B/(W) 2017 Europe 64.5% 0.6 0.6 3.2% Asia 4.9% 2.0 1.9 -7.8% North America 30.3% 0.5 0.6 13.9% South America 0.2% 0.1 0.1 15.5% Other 0.1% 0.0 0.0 -5.4% Total 100.0% 3.2 3.2 -1.8%

Stoneridge is well positioned to take advantage of strong performing regions and end markets

*Excluding Orlaco and PST 11 ** Regional sales based on manufactured location SOURCE: Dec 2017 IHS; Q4 2017 LMC, Company Data Business Share by Customer (2017)

We are well diversified in our customer exposure. Approximately 75% of sales are attributable to OEM customers which comprise forecasted backlog.

*Does not include revenue from Minda-Stoneridge JV, 12 Winning with Our Customers

Over the past year we have been recognized for our excellence as both a passenger car and commercial vehicle supplier by some of the largest, global OEMs Received the 2016 Safe Pillar Award from Ford Motor Company for supplying a variety of advanced technology sensors and actuators Received the 2017 Partnership award from Daimler AG for the international roll-out of driver information systems for Mercedes-Benz Freightliner and FUSO Trucks

“You always go above-and-beyond to create the best body electronic, instrument and telematics components for our trucks and buses. This is why you take the award trophy home in the Partnership category.”

Dr. Marcus Shoenenberg Vice President of Procurement, Daimler Trucks and Buses, Daimler AG

Deepening relationships with customers Positioning the Company for long-term success

13 Recent Financial Performance

14 2nd Quarter 2018 Summary

2nd Quarter 2018 Financial Results Sales of $220.6 million, an increase of 5% over Q2 2017 Control Devices sales of $112.4 million, a decrease of 3% over Q2 2017 Electronics sales of $100.1 million, an increase of 22% over Q2 2017 PST sales of $20.3 million, a decrease of 13% over Q2 2017 Adjusted operating income of $20.1 million, an increase of 8% over Q2 2017 (9.1% operating margin) Control Devices adjusted operating income of $17.7 million, a decrease of 11% over Q2 2017 (15.8% adjusted operating margin) Electronics adjusted operating income of $9.0 million, an increase of 61% over Q2 2017 (9.0% adjusted operating margin) PST adjusted operating income of $1.3 million, a decrease of 3% over Q2 2017 (6.4% adjusted operating margin) 2018 Performance and Guidance

2018 Q1 2018 Q2 2018 Full Year (Actual) (Actual) Guidance

Sales $225.9 Million $220.6 Million $870 - $890 Million

Gross Margin 30.1% 30.6% 31.0% - 32.0%

Adjusted 8.0% 9.1% 9.0% - 10.0% Operating Margin Adjusted EPS $0.50 $0.55 $2.05 - $2.20 Adjusted EBITDA 11.9% 12.8% 12.5% - 13.5% Margin Segment level financial information includes intercompany sales. 15 Due to centralizing certain procurement and operations functions we have allocated certain corporate costs to each segment that were not previously allocated. For purposes of our quarter over quarter comparisons we have adjusted these costs. Financial Summary

We continue to deliver profitable growth and margin improvement

16 Keys to 2018 Success

PST Electronics Control Devices Drive track & trace Execute product growth Deliver growth in launches sensing and actuation Leverage cost segments Capture MirrorEye structure opportunities Drive operational Capitalize on efficiency Refine engineering macroeconomic Manage ramp-down of footprint and drive tailwinds shift-by-wire programs global capability (~Q4)

We continue to execute and focus on our keys to 2018 success

17 *Based on lower end of full year guidance provided on Q2 2018 earnings call on August 2, 2018 Control Devices Financial Performance Control Devices Overview Production volume reductions by our customers on key passenger car and light truck platforms contributing to flat revenue quarter-to-quarter Gross margin improvement of 130 basis points quarter-to-quarter as a result of continuous operational improvement Increased SG&A and design and development (“D&D”) initiatives offset some of gross margin expansion. Necessary for continued growth.

Gross margin improvement offset by SG&A and D&D initiatives to drive future growth

Segment level financial information includes intercompany sales 18 *Due to centralizing certain procurement and operations functions we have allocated certain corporate costs to each segment that were not previously allocated. For purposes of our quarter over quarter comparisons we have adjusted these costs. Electronics Financial Performance Electronics Overview Revenue growth quarter-over-quarter remains strong Segment margin expansion muted by currency headwinds Orlaco continues to deliver strong top and bottom-line performance

Continued strong revenue performance and margin expansion

Segment level financial information includes intercompany sales 19 *Due to centralizing certain procurement and operations functions we have allocated certain corporate costs to each segment that were not previously allocated. For purposes of our quarter over quarter comparisons we have adjusted these costs. PST Financial Performance PST Overview Challenging macroeconomic conditions in Brazil and Argentina. Currency headwinds limiting revenue growth and margin expansion. Cost structure optimized to remain stable with improved profitability despite flat revenue Potential for continued volatility in macroeconomic conditions for the remainder of 2018

Responding effectively to dynamic macroeconomic challenges

Segment level financial information includes intercompany sales 20 *Due to centralizing certain procurement and operations functions we have allocated certain corporate costs to each segment that were not previously allocated. For purposes of our quarter over quarter comparisons we have adjusted these costs. FY 2018 Outlook

Midpoint of Current Guidance Lower End of Guidance Range

Volume Commercial Currency Tariffs Continued Reductions Vehicle (~$0.04 – $0.05 (~$0.03 – $0.05 Margin (North America Volumes EPS remainder EPS remainder Expansion and China) of 2018) of 2018) Q1 Guidance Q2 Guidance Outlook Outlook

Customer volume reductions on certain key platforms in China and North America Commercial vehicle volumes remain robust Movements in currency are creating headwinds, specifically in Europe and Brazil Recently announced tariffs have created $1 - $2 million gross headwind for the remainder of the year Margin progression expected to continue for the remainder of the year

Maintaining full-year guidance range

21 FY 2018 Full-Year Guidance

Lower-end of guidance range implies approximately 51% / 49% 1st half / 2nd 2017 Actual Results 2018 Guidance half revenue split We are forecasting 4th quarter revenue Sales $824.4 Million $870 - $890 Million and EPS performance to exceed 3rd quarter performance Adjusted 30.3% 31.0% - 32.0% Gross Margin We expect Q3 to be lowest EPS and revenue quarter for 2018 due to customer Adjusted 8.1% 9.0% - 10.0% production schedules Operating Margin Continued margin progression and Adjusted EPS $1.57 $2.05 - $2.20 forecasted revenue inline with Q1 and Q2 should result in stronger Q4

Adjusted Consistent with historical results, timing of 11.6% 12.5% - 13.5% EBITDA Margin engineering recoveries is projected to contribute to strong Q4 performance

Forecasting 4th quarter performance stronger than 3rd quarter

22 Focus on Growth

23 Focus on Growth Markets

INTELLIGENCE 10% CAGR

EMISSIONS 5% CAGR These megatrends are expected to grow 8% - 9% vs. global vehicle production growth of 2% - 3% from 2017 to 2023 SAFETY & SECURITY 12% CAGR FUEL

EFFICIENCY *Smart products include Stoneridge products with printed circuit boards and / 5% CAGR or electronic content, including software

We focus on industry megatrends that will drive growth 2-3x our underlying markets Migrating toward smart products will continue to drive growth through increased vehicle content

24 Source: Dec 2017 IHS; LMCA, ACT Research, Emerging Strategy and Company Data Intelligence

Stoneridge Solutions Instrument Clusters Fully reconfigurable, high resolution displays Telematics Enhances vehicle diagnostics and efficiency Electronic Control Units Standard to highly (ECUs) customizable Electronic Shift-by-wire Replaces the mechanical The market is demanding (SBW) shifter in automatic innovative display and transmissions vehicle communications solutions Tachograph and Electronic Advanced fleet management Logging Device (ELD) and driver information systems

Power Modules Intelligent distribution and Stoneridge is helping power control customers move from electromechanical to electronic solutions that can Stoneridge is applying our leverage digital advantages hardware & software solutions into adaptive systems driving vehicle / user interaction and data management

25 Emissions

Stoneridge Solutions Soot Sensor Particulate sensor monitors harmful emissions Exhaust Gas Controls and monitors critical after- Temperature Sensors treatment systems and engine components protecting engine from critically high exhaust temperatures Canister Vent Reduces fuel vapor emissions Compliance Solenoid requirements are driving increasingly sophisticated emissions products Stoneridge has developed innovative technologies that enable compliance with increasingly stringent Recent emissions scandals emissions regulations are creating requirements for additional emissions testing products and more complex systems

26 Fuel Efficiency

Stoneridge Solutions MirrorEyeTM Reduces fuel consumption through enhanced aerodynamics Front Axle Improves drivetrain efficiency Disconnect Turbo Actuator Improves engine performance

Telematics Enhances vehicle efficiency

Market demand for fuel economy and performance has led OEMs to focus on delivering fuel savings without compromising Stoneridge is helping OEMs performance increase fuel economy through more effective engine management and performance enhancing technology

Increased regulations and market demands have led to changes in vehicle systems

27 Safety and Security

Stoneridge Solutions Track and Enhances driver safety and security of Trace both vehicle and cargo Tachograph and Improves driver safety and enables ELD compliance MirrorEyeTM Eliminates driver blind spots and increases driver’s awareness of surroundings Driver safety becoming Parking Assist Improves vehicle safety / reduces accidents more autonomous through electronic safety Seat Track Improves active restraint systems and security solutions Position Speed Sensors Enables ABS & vehicle stability

Stoneridge focuses on providing high reliability products for safety Stoneridge is using our critical applications through robust established network to track design and testing vehicle and goods for both driver and cargo safety and security as well as fleet management

28 Stoneridge Passenger Car / Light Truck Content

Ford F-Series Jeep Cherokee Cadillac XT5 Trailer Tow Connector, Canister Vent Valve, Rotary 4x4 Under Hood Security Switch, Coolant & Oil Temperature Shift by Wire / Transmission Range Control Module, Control Switch, Seat Track Position Sensor Sensors, Tailgate Release Switch, Exhaust Gas, Canister Vent Solenoid, Trailer Tow Connector Exhaust Gas, Cylinder Head, Engine Coolant & Exhaust Temperature Sensor, Trailer Tow Connector Gas Recirculation Temperature Sensors

Ram Trucks Ford Fusion Chevy / GMC Silverado / Sierra Front Axle Disconnect Actuator, Trailer Tow Connector, Shift by Wire / Transmission Range Control Module, Front Axle Disconnect Actuator, Trailer Tow Connector, Ram Box and Tailgate Actuators, Under Hood Switch, Capacitive Keypad, Seat Track Position Sensor, Canister Vent Solenoid Coolant & Oil Temperature Sensors, Smart Bar Actuator Release Switches, Canister Vent Solenoid, Vapor Blocking Valve, Cylinder Head & Engine coolant Temperature Sensors

Lincoln Continental Buick LaCrosse Chevrolet Bolt Shift by Wire / Transmission Range Control Module, Shift by Wire / Transmission Range Control Module, Shift by Wire / Transmission Range Control Module, Capacitive Keypad, Seat Track Position Sensor, Vapor, Canister Vent Solenoid Park Lock Bypass Valve, Canister Vent Valve

29 Stoneridge Commercial Vehicle Content

Navistar PACCAR John Deere Instrument Cluster, High Temperature Sensor, Switches, Tachograph, High Temperature Sensor, Power & Switch Vision Systems Power & Switch Module Module

Daimler Scania Caterpillar Instrument Cluster, Tachograph, High Temperature Instrument Cluster, Tachograph, Power & Switch Modules, Vision Systems Sensor, Power & Switch Module, Telematics Telematics

MAN Volvo Crown Equipment Corporation Instrument Cluster, Telematics, Tachograph, Power & Instrument Cluster, Power & Switch Modules, ECU, Soot Vision Systems Switch Module, ECU Sensor, Switches

30 Recent Product Updates

31 Stoneridge - A Vehicle Technology Company Actuation Systems

Our actuation technologies will drive Awards growth in traditional drivetrains and the Announced in Q2 – $31 million annual* park-by- electrified drivetrains of the future wire programs awarded in North America, Europe and Asia Park-by-wire developed for hybrid and fully Announced in Q3 – E-Axle development award on electric drivetrains as an extension of our high-performance platform in North America shift-by-wire actuator that is in production on traditional drivetrains today Awarded contracts for our actuation technology on electrified axle (E-Axle) systems. Extension of our axle-based Geographic expansion of actuation capabilities actuation technologies currently in Exploration of complimentary actuation production. technologies (expand customers and capabilites)

2015 2016 2017 2017 2019 2020 2021 Launch shift-by-wire Launch shift-by- Awarded $31 Awarded E-Axle Park-by-wire Park-by-wire E-Axle platform with multiple global wire with park- million* of development platform platform launch in North OEMs by-wire park-by-wire platform launches in launches in Asia America functionality on global North America Chevrolet Bolt programs and Europe

Our actuation technologies will drive growth on traditional, hybrid and fully electric drivetrains today and in the future

32 *Peak annual revenue Stoneridge - A Vehicle Technology Company Shift-by-Wire Update

Shift-by-Wire (Current) Park-by-Wire (2019 and beyond)

One of three global suppliers to Extension of Shift-by-Wire technology receive a 2016 Safe Pillar Award from Ford for achieving Replaces park function normally excellence in quality, cost, controlled by mechanical shifter performance and delivery related Broad applications across all to actuation and sensors, conventional engines as well as including our Shift-by-Wire electric and hybrid-electric powertrains program North America and Europe Continue to pursue market programs (2019 start-of-production) opportunities with the existing Shift-by-Wire product, as well as $24 million (peak annual revenue) product extensions awarded

Asia programs (2020 start-of- production)

$7 million (peak annual revenue) awarded

Shift-by-Wire and related technologies remain a platform for growth

33 Image Sources: www.ford.com, www.gm.com, and www.Lincoln.com Stoneridge - A Vehicle Technology Company Electrified Drivetrain

Front-Axle Disconnect (Current) Electric Axle (E-Axle) (2020+)

Decouples the front-axle in a Stoneridge has developed 4x4 vehicle allowing 4x2 actuators that will be included operation “on-the-fly” in E-Axle systems that will enable electric drive propulsion Smart Bar (Current) in either hybrid or fully electric vehicles Axle-mounted smart actuator allowing increased performance Awarded E-Axle development in off-road driving situations on high-performance platform in North America with a planned start-of- production (SOP) in 2021

Developing solutions for multiple other OEM / Tier 1 applications

Axle and suspension actuation technologies remain a platform for growth as drivetrains continue to evolve

34 Image Sources: www.motortrend.com, www.off-road.com Stoneridge - A Vehicle Technology Company Driver Information Systems

Commercial vehicle instrument Awards clusters are following passenger car trends and becoming fully Recently announced $38 configurable, display-based driver million annual* global information systems award for hybrid and fully configurable systems Stoneridge is one of the global leaders in commercial vehicle driver information systems

Delivering commercial vehicle driver Additional functionality information systems solutions for 25+ development and sub- years system integration (data, infotainment, etc.)

2005 2008 2017 2020 First color TFT diplay Launched first “hybrid” Awarded fully- Launch fully- commercial vehicle color display driver configurable driver configurable instruement cluster information system information system driver information award global program system

Driver information systems are driving increased content per vehicle and future growth opportunities through additional functionality and sub-system integration

35 *Peak annual revenue Connecting Drivers to Information

Pending award for extension and expansion of our largest global Driver Information System program $38 million peak annual revenue $8 million expansion $3 million localization in Brazil Start-of-production – 2021 Deepening our existing customer relationships First significant award utilizing our local Brazilian footprint – serving our global customers more efficiently

Driver Information Systems are a key global platform driving growth

36 Product image is an example of Stoneridge technology and may or may not be representative of the awarded production product Enabling Intelligent Vehicles

OEM and aftermarket connectivity and intelligence solutions for global commercial vehicle applications Hardware solutions that provide in-vehicle connectivity Software solutions that enable data compilation and analysis Our solutions enable improved fleet management, vehicle efficiency and compliance Pending award for one of our largest connectivity programs with global commercial vehicle OEM $24 million peak annual revenue Start-of-production – Early 2019

Leading provider of commercial vehicle connectivity and intelligence solutions

37 MirrorEyeTM Update

Pending award for our first OEM MirrorEyeTM program with a leading, global OEM $13 million peak annual revenue Start-of-Production – 2020 FMCSA exemption in-process to allow for removal of traditional mirrors and replacement by MirrorEyeTM systems American Truck Association (ATA) encouraging “expeditiously approving” any requests to allow mirrorless technology Expect MirrorEyeTM retrofit revenue late 2018 Multiple development programs with additional global OEMs – expecting additional OEM awards

Awarded first OEM MirrorEyeTM program Expect retrofit opportunities beginning late 2018

38 MirrorEyeTM Update

MirrorEyeTM fleet trials ongoing Over one million miles driven with major U.S. fleets including Schneider, Maverick and J.B. Hunt Schneider and J.B. Hunt publicly commented in support of the requested FMCSA exemption as have the Trucking Alliance and American Trucking Associations (ATA) Expecting decision on FMCSA exemption shortly MirrorEyeTM featured on Starship Initiative Truck Partnered with Shell Lubricants and AirFlow Truck Company Cross-country drive resulted in 28.4% fuel economy improvement Expect to launch retrofit program late 2018 Not dependent on FMCSA exemption but exemption could provide additional market penetration and adoption

MirrorEyeTM commercialization progressing as planned FMCSA exemption could accelerate market penetration and adoption rate

39 Summary

Stoneridge is a well-established, global, public automotive company Our business is well diversified among our segments, regions and served markets We have a robust backlog representing 5.3x 2017 OEM sales over the next five years We are positioned to outpace vehicle market growth by 2 – 3x over the next 5 years as we continue to focus on segments that outperform the underlying market

40 Appendix

41 2018 Q2 Adjustments

Expected Q2 2018 After- Expected Q2 2018 After- Adjustment Tax Impact (USD millions) Tax EPS Impact Earn-out (PST) ($0.5) ($0.02) Business realignment costs ($0.3) ($0.01) Total ($0.9) ($0.03)

The expense related to the step-up in the fair value of the earn-out related to the acquisition of the remaining 26% minority interest in PST was $0.5 million resulting in an EPS adjustment of $0.02 Expenses related to certain one-time business realignment costs have been adjusted to reflect normalized earnings. The after-tax impact of this adjustment was $0.3 million resulting in an EPS add-back of $0.01.

42 Income Statement

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three months ended Six months ended June 30, June 30, (in thousands, except per share data) 2018 2017 2018 2017

Net sales $ 220,602 $ 209,111 $ 446,532 $ 413,422 Costs and expenses: Cost of goods sold 153,184 145,697 311,145 288,857 Selling, general and administrative 35,256 35,704 72,517 69,970 Design and development 12,981 12,034 26,842 23,755 Operating income 19,181 15,676 36,028 30,840 Interest expense, net 1,170 1,518 2,524 2,928 Equity in earnings of investee (665) (555) (1,186) (735) Other expense (income), net (264) 605 (863) 795 Income before income taxes 18,940 14,108 35,553 27,852 Provision for income taxes 3,820 5,189 7,053 9,760 Net income 15,120 8,919 28,500 18,092 Net loss attributable to noncontrolling interest - (100) - (130) Net income attributable to Stoneridge, Inc. $ 15,120 $ 9,019 $ 28,500 $ 18,222

Earnings per share attributable to Stoneridge, Inc.: Basic $ 0.53 $ 0.32 $ 1.01 $ 0.65 Diluted $ 0.52 $ 0.32 $ 0.99 $ 0.64 Weighted-average shares outstanding: Basic 28,449 28,133 28,349 28,026 Diluted 28,978 28,517 28,907 28,531

43 Segment Financial Information

Three months ended Six months ended June 30, June 30, 2018 2017 2018 2017 Net Sales: Control Devices $ 109,956 $ 114,001 $ 225,313 $ 232,874 Inter-segment sales 2,481 1,368 4,662 2,151 Control Devices net sales 112,437 115,369 229,975 235,025 Electronics 90,313 71,610 180,341 135,415 Inter-segment sales 9,771 10,223 20,243 21,579 Electronics net sales 100,084 81,833 200,584 156,994 PST 20,333 23,500 40,878 45,133 Inter-segment sales - - 2 - PST net sales 20,333 23,500 40,880 45,133 Eliminations (12,252) (11,591) (24,907) (23,730) Total net sales $ 220,602 $ 209,111 $ 446,532 $ 413,422 Operating Income (Loss): Control Devices $ 17,160 $ 19,924 $ 35,039 $ 39,008 Electronics 8,276 2,814 16,156 8,371 PST 735 1,123 885 1,702 Unallocated Corporate (6,990) (8,185) (16,052) (18,241) Total operating income $ 19,181 $ 15,676 $ 36,028 $ 30,840 Depreciation and Amortization: Control Devices $ 2,897 $ 2,687 $ 5,692 $ 5,386 Electronics 2,252 2,241 4,543 3,811 PST 1,740 2,096 4,245 4,184 Unallocated Corporate 199 96 396 195 Total depreciation and amortization $ 7,088 $ 7,120 $ 14,876 $ 13,576 Interest Expense, net: Control Devices $ 18 $ 11 $ 37 $ 65 Electronics 23 6 57 44 PST 194 532 532 1,104 Unallocated Corporate 935 969 1,898 1,715 Total interest expense, net $ 1,170 $ 1,518 $ 2,524 $ 2,928 Capital Expenditures: Control Devices $ 3,312 $ 4,347 $ 9,058 $ 7,795 Electronics 1,394 1,684 4,167 4,034 PST 696 1,041 1,955 1,925 Unallocated Corporate 938 830 1,665 1,413 44 Total capital expenditures $ 6,340 $ 7,902 $ 16,845 $ 15,167 Balance Sheet

CONDENSED CONSOLIDATED BALANCE SHEETS

June 30, December 31, (in thousands) 2018 2017 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 58,965 $ 66,003 Accounts receivable, less reserves of $1,106 and $1,109, respectively 147,729 142,438 Inventories, net 80,232 73,471 Prepaid expenses and other current assets 29,056 21,457 Total current assets 315,982 303,369 Long-term assets: Property, plant and equipment, net 111,245 110,402 Intangible assets, net 66,006 75,243 Goodwill 37,389 38,419 Investments and other long-term assets, net 30,024 31,604 Total long-term assets 244,664 255,668 Total assets $ 560,646 $ 559,037 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of debt $ 3,184 $ 4,192 Accounts payable 84,461 79,386 Accrued expenses and other current liabilities 60,358 52,546 Total current liabilities 148,003 136,124 Long-term liabilities: Revolving credit facility 110,000 121,000 Long-term debt, net 1,790 3,852 Deferred income taxes 17,767 18,874 Other long-term liabilities 25,040 35,115 Total long-term liabilities 154,597 178,841 Shareholders' equity: Preferred Shares, without par value, 5,000 shares authorized, none issued - - Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 28,483 and 28,180 shares outstanding at June 30, 2018 and December 31, 2017, respectively, with no stated value - - Additional paid-in capital 228,856 228,486 Common Shares held in treasury, 483 and 786 shares at June 30, 2018 and December 31 2017, respectively, at cost (8,911) (7,118) Retained earnings 120,552 92,264 Accumulated other comprehensive loss (82,451) (69,560) Total shareholders' equity 258,046 244,072 Total liabilities and shareholders' equity $ 560,646 $ 559,037 45 Statement of Cash Flows

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six months ended June 30, (in thousands) 2018 2017

OPERATING ACTIVITIES: Net income $ 28,500 $ 18,092 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 11,535 10,538 Amortization, including accretion of deferred financing costs 3,503 3,200 Deferred income taxes 1,765 5,450 Earnings of equity method investee (1,186) (735) Gain on sale of fixed assets (18) (4) Share-based compensation expense 2,838 4,065 Tax benefit related to share-based compensation expense (879) (758) Change in fair value of earn-out contingent consideration 1,417 2,347 Changes in operating assets and liabilities, net of effect of business combination: Accounts receivable, net (11,594) (13,494) Inventories, net (10,610) (6,739) Prepaid expenses and other assets (8,417) (4,174) Accounts payable 8,678 11,675 Accrued expenses and other liabilities 3,379 (2,442) Net cash provided by operating activities 28,911 27,021

INVESTING ACTIVITIES: Capital expenditures (16,845) (15,167) Proceeds from sale of fixed assets 41 20 Insurance proceeds for fixed assets 1,403 - Business acquisition, net of cash acquired - (77,538) Net cash used for investing activities (15,401) (92,685)

46 Statement of Cash Flows (Cont.)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six months ended June 30, (in thousands) 2018 2017

FINANCING ACTIVITIES: Acquisition of noncontrolling interest, including transaction costs - (1,796) Revolving credit facility borrowings 26,500 84,000 Revolving credit facility payments (37,500) (19,000) Proceeds from issuance of debt 273 1,901 Repayments of debt (2,459) (6,174) Other financing costs - (61) Repurchase of Common Shares to satisfy employee tax withholding (4,242) (2,207) Net cash (used for) provided by financing activities (17,428) 56,663 Effect of exchange rate changes on cash and cash equivalents (3,120) 2,832 Net change in cash and cash equivalents (7,038) (6,169) Cash and cash equivalents at beginning of period 66,003 50,389 Cash and cash equivalents at end of period $ 58,965 $ 44,220 Supplemental disclosure of cash flow information: Cash paid for interest $ 2,679 $ 2,755 Cash paid for income taxes, net $ 7,967 $ 3,424

47 Reconciliations to US GAAP

48 Reconciliations to US GAAP

This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures in the appendix of this document. The provision of these non-GAAP financial measures for 2017 and 2018 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this document and the adjustments that management can reasonably predict.

49 Reconciliations to US GAAP

Reconciliation of Adjusted Gross Profit

(USD in millions) Q2 2017 Q1 2018 Q2 2018 Gross Profit $ 63.4 $ 68.0 $ 67.4

Add: Pre-Tax Step-Up in Acquired Inventory from Orlaco 0.7 Adjusted Gross Profit $ 64.1 $ 68.0 $ 67.4

Reconciliation of Adjusted Operating Income

(USD in millions) Q2 2017 Q1 2018 Q2 2018 Operating Income $ 15.7 $ 16.8 $ 19.2

Add: Pre-Tax Step-Up in Acquired Inventory from Orlaco 0.7 Add: Pre-Tax Step-Up in Fair Value of Earn-Out (Orlaco) 2.1 0.4 Add: Pre-Tax Step-Up in Fair Value of Earn-Out (PST) 0.2 0.5 0.5 Add: Pre-Tax Business Realignment Costs 0.2 0.4 Adjusted Operating Income $ 18.7 $ 18.0 $ 20.1

Reconciliation of Adjusted EBITDA

(USD in millions) Q2 2017 Q1 2018 Q2 2018 Income Before Tax $ 14.1 $ 16.6 $ 18.9 Interest expense, net 1.5 1.4 1.2 Depreciation and amortization 7.1 7.8 7.1 EBITDA $ 22.7 $ 25.8 $ 27.2 Add: Pre-Tax Step-Up in Acquired Inventory from Orlaco 0.7 Add: Pre-Tax Step-Up in Fair Value of Earn-Out (Orlaco) 2.1 0.4 Add: Pre-Tax Step-Up in Fair Value of Earn-Out (PST) 0.2 0.5 0.5 Add: Pre-Tax Business Realignment Costs 0.2 0.4 Adjusted EBITDA $ 25.7 $ 26.9 $ 28.1

50 Reconciliations to US GAAP

Reconciliation of Control Devices Adjusted Operating Income

(USD in millions) Q2 2017 Q1 2018 Q2 2018 Control Devices Operating Income $ 19.9 $ 17.9 $ 17.2

Add: Pre-Tax Allocation of Centralized Procurement and Operations Functions 0.5 0.4 Add: Pre-Tax Business Realignment Costs 0.1 Control Devices Adjusted Operating Income $ 19.9 $ 18.4 $ 17.7

Reconciliation of Electronics Adjusted Operating Income

(USD in millions) Q2 2017 Q1 2018 Q2 2018 Electronics Operating Income $ 2.8 $ 7.9 $ 8.3

Add: Pre-Tax Step-Up in Acquired Inventory from Orlaco 0.7 Add: Pre-Tax Step-Up in Fair Value of Earn-Out (Orlaco) 2.1 0.4 Add: Pre-Tax Allocation of Centralized Procurement and Operations Functions 0.5 0.4 Add: Pre-Tax Business Realignment Costs 0.3 Electronics Adjusted Operating Income $ 5.6 $ 8.8 $ 9.0

Reconciliation of PST Adjusted Operating Income

(USD in millions) Q2 2017 Q1 2018 Q2 2018 PST Operating Income $ 1.1 $ 0.2 $ 0.7

Add: Pre-Tax Step-Up in Fair Value of Earn-Out (PST) 0.2 0.5 0.5 Add: Pre-Tax Business Realignment Costs 0.2 Add: Pre-Tax Allocation of Centralized Procurement and Operations Functions 0.1 0.1 PST Adjusted Operating Income $ 1.3 $ 1.0 $ 1.3

51 Reconciliations to US GAAP

Reconciliation of Q2 2018 Adjusted EPS

(USD in millions) Q2 2018 Q2 2018 EPS Net Income Attributable to Stoneridge $ 15.1 $ 0.52

Add: After-Tax Step-Up in Fair Value of Earn-Out (PST) 0.5 0.02 Add: After-Tax Business Realignment Costs 0.3 0.01 Adjusted Net Income $ 16.0 $ 0.55

Reconciliation of Q1 2018 Adjusted EPS

(USD in millions) Q1 2018 Q1 2018 EPS Net Income Attributable to Stoneridge $ 13.4 $ 0.46

Add: After-Tax Step-Up in Fair Value of Earn-Out (Orlaco) 0.4 0.01 Add: After-Tax Step-Up in Fair Value of Earn-Out (PST) 0.5 0.02 Add: After-Tax Business Realignment Costs 0.2 0.01 Adjusted Net Income $ 14.4 $ 0.50

Reconciliation of Q2 2017 Adjusted EPS

(USD in millions) Q1 2017 Q1 2017 EPS Net Income Attributable to Stoneridge $ 9.0 $ 0.32

Add: After-Tax Step-Up in Fair Value of Earn-Out (Orlaco) 2.1 0.07 Add: After-Tax Step-Up in Fair Value of Earn-Out (PST) 0.2 0.01 Add: After-Tax Step-Up in Acquired Inventory from Orlaco 0.5 0.02 Adjusted Net Income $ 11.8 $ 0.42

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