CTS Corporation ADJUSTED EBITDA QUARTER-TO-DATE ($ in millions) 2013 Q1 Net earnings / (loss) $ Depreciation and amortization expense Interest expense Tax expense / (benefit) EBITDA Charges (credits) to reported EBITDA: Restructuring, restructuring-related, and asset impairment charges Additional legal costs Additional CEO search, legal costs and acquisition* Gain on sale-leaseback Goodwill impairment Total adjustments to reported EBITDA Adjusted EBITDA Total Sales Adjusted EBITDA as a percentage of total sales 3.6 2012 Q4 $ 5.9 0.9 (0.8) $ 9.6 0.8 0.7 - 8.8 Q3 $ 5.0 0.8 3.9 $ 18.5 3.8 2.7 (10.3) - 5.9 $ 4.9 0.6 1.5 $ 12.9 0.9 0.3 - 2011 Q2 3.3 Q1 $ 4.9 0.6 1.2 $ 10.0 2.3 Q4 $ 4.8 0.7 0.0 $ 7.7 3.8 - - 5.9 Q3 $ 4.4 0.6 1.4 $ 12.1 2.4 - $ 4.4 0.5 1.6 $ 12.5 4.1 Q1 $ 4.4 0.5 0.9 $ - 9.9 0.7 0.3 - 4.4 0.5 1.5 $ 11.5 - $ 10.4 1.2 3.8 13.8 7.7 14.6 12.5 10.9 11.5 12.1 $ 149.5 $ 138.3 $ 137.4 $ 154.3 $ 147.0 $ 144.0 $ 146.1 $ 146.9 $ 151.5 $ 145.0 10.1% 8.5% Note: *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. 7.4% 7.6% $ $ $ 13.9 $ 13.9 $ 139.4 9.9% $ 12.0 $ - $ 5.9 Q1 4.5 0.2 1.4 - 1.7 8.3% 6.9 2009 Q2 4.3 0.3 2.4 1.7 - 14.1 5.3% Q3 4.3 0.4 0.9 (3.8) 9.0% - 4.8 14.7 10.3% 1.0 $ 1.5 10.6% - 5.1 Q4 11.1 7.4% 2.4 5.9 2010 Q2 12.0 $ 138.9 8.6% 4.1 $ 4.5 4.6 0.2 3.8 4.4 0.3 1.2 10.3 $ 12.7 $ 10.4 $ $ Q3 4.4 0.2 1.3 - $ 4.4 Q4 - Q2 $ $ - (7.0) $ (35.6) 5.2 0.5 9.7 5.3 0.9 (1.0) 8.4 $ (30.4) - - $ 12.7 $ 10.4 $ $ 129.4 $ 133.9 $ 126.6 $ 120.4 9.5% 8.2% 2.2 33.2 - 10.3 8.0% Q1 8.4 7.0% 35.4 $ 5.0 $ 118.1 4.2%