CTS Corporation Reconciliation of Operating Earnings (Loss) to Adjusted Operating Earnings (Loss) ($ in millions) As Reported for 2013 Continuing Operations excluding EMS divestiture Discontinued Operations: 2015 Q2-YTD Operating earnings / (loss) from continuing operations $ Charges (credits) to reported operating earnings (loss): Restructuring, restructuring-related, and asset impairment charges Goodwill impairment Gain on sale-leaseback Additional legal costs Transaction Costs Additional CEO search, legal costs and acquisition\ 21.0 2015 Q2 $ 3.1 - Total adjustments to reported operating earnings / (loss) from continuing operations 10.5 2015 Q1 $ 2.3 - 3.1 10.5 0.8 - 2.3 10.3 $ 1.7 - 0.8 32.0 1.7 24.1 $ 12.8 $ 11.3 $ 12.0 $ 38.2 $ 198.4 $ 100.1 $ 98.3 $ 100.4 $ 303.6 12.8% 11.5% 12.0% Nine Months Operating earnings / (loss) $ 14.8 $ 10.0 0.6 2.3 Charges (credits) to reported operating earnings (loss): Restructuring, restructuring-related, and asset impairment charges Goodwill impairment Gain on sale-leaseback Additional legal costs Transaction Costs Additional CEO search, legal costs and acquisition* Total adjustments to reported operating earnings / (loss) $ 27.6 Total Sales $ 460.6 Adjusted operating earnings / (loss), excluding above referenced items, as a percentage of total sales *The 2012 quarterly expenses do not add to the full year or nine months amounts because the expenses in Q1 and Q2 were not material and therefore, not discussed. 6.0% 13.3 $ 100.0 10.1 $ $ 159.6 7.9% 13.0 $ 103.0 12.2% 12.6% Q2 Q1 1.7 10.6 $ 151.6 7.0% Q1 $ $ 3.0 10.8 2014 $ 1.1 - 3.1 $ 1.1 $ 11.9 $ 100.7 4.5 $ 149.5 3.0% 2013 $ $ 33.6 $ 409.5 $ 12.4% 8.2% Q4 Nine Months 12.2 $ 3.8 (10.3) 2.7 $ 20.4 $ 138.3 $ 438.6 6.2% 4.7% 12.7 $ 13.2 24.3 $ 282.9 5.6% 8.6% Q2 6.8 $ $ 137.4 5.8% $ 3.8 - 1.2 8.0 7.6 11.5 $ 301.3 3.8% 5.7 4.5 $ 9.5 $ 154.3 6.2% 2.9 $ 213.2 1.4% Q1 $ 1.9 1.9 $ 147.0 1.3% 7.2 $ 2.4 - $ 2011 Q3 Q4 $ - 3.8 $ (1.6) 2.1 2.4 - 3.8 - 3.8 $ 2009 $ 1.0 ` $ 2012 Q3 First Half 0.9 0.3 $ 15.7 23.3 1.0 - 3.0 $ $ 279.9 4.3% $ 2010 $ 2.6 0.3 - (1.8) $ 5.9 8.5 2011 15.1 $ 304.5 4.7 1.2 (3.7) $ 14.4 Full year 2012 4.5 (10.3) 1.5 2.5 15.9 50.2 11.8% $ 11.8 4.1 7.9 $ 17.7 $ 404.0 1.5 $ 42.3 7.9 - 0.8 0.7 8.9 $ 9.9 3.1 - 8.1 0.8 2.4 12.5 24.9 $ 203.7 1.1 0.6 0.8 $ Q2 $ 4.1 $ 2013 Q3 $ 20.8 4.1 - 13.3% 12.9 Adjusted operating earnings / (loss), excluding above referenced items $ 2.1 $ 12.6% As Historically Reported prior to 2013 Discontinued Operations: 11.2 2.1 - 6.2 $ Total Sales from continuing operations 12.1% $ 6.2 - Adjusted operating earnings / (loss), excluding above referenced items from contiuning operations Adjusted operating earnings / (loss), excluding above referenced items, as a percentage of total sales from continuing operations 2014 Q3 First Half Q4 Nine Months $ 9.6 $ 144.0 6.7% $ - 2.4 $ 7.8 7.8 $ 146.1 5.3% Q1 $ 0.7 0.3 - $ Q2 4.5 5.5 $ 146.9 3.8% 5.8 $ 151.5 3.8% 6.0 $ 1.7 - $ 2010 Q3 Q4 $ - 1.0 $ 5.8 7.7 $ 145.0 5.3% $ - 1.7 $ 7.8 7.8 $ 139.4 5.6% Q1 $ - $ Q2 7.7 7.7 $ 138.9 5.6% 6.3 $ 129.4 4.9% 8.3 $ - $ 2009 Q3 Q4 $ - $ 6.3 8.3 $ 133.9 6.2% $ - $ 6.3 - $ 6.3 $ 126.6 5.0% Q2 3.2 $ 3.2 $ 120.4 2.7% Q1 $ (35.5) 2.2 33.2 - 26.7 $ 8.5 (10.3) 4.0 35.4 $ 28.9 $ 118.1 $ 576.9 5.0% 25.2 $ 3.1 0.3 - 2.2 $ (0.1) -0.1% Full year 2011 2010 2012 $ 28.7 $ 588.5 4.9% 2009 $ (17.8) 1.7 - 3.5 $ 27.8 2.2 33.2 - 1.7 $ 29.5 $ 552.6 5.3% 35.4 ` $ 17.6 $ 499.0 3.5%