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• A smaller, more industrial-focused 3M.
• Like a niche Dover Corporation, manufacturing specialized industrial products.
• Similar to a smaller ITT Inc., providing engineered components to diverse industries.

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• Engraving Services: Provides advanced texturizing, surfacing, and laser engraving solutions for molds and rolls used in various manufacturing processes.
• Electronics Components: Manufactures custom magnetic components, reed switches, and relays for sensing and power management applications across diverse industries.
• Scientific Refrigeration: Produces specialized refrigerators, freezers, and environmental chambers for laboratories, medical facilities, and commercial food service.
• Engineered Metal Products: Offers custom metal forming solutions, including deep drawing and hydroforming, for critical components in aerospace, defense, and medical sectors.
• Specialty Fluid & Power Products: Delivers custom fluid power products, pumps, and other niche industrial solutions for specialized applications.

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David Dunbar, President & Chief Executive Officer

David Dunbar has served as President and Chief Executive Officer of Standex International Corporation since January 2014, and as Chairman of the Board since October 2016. Prior to joining Standex, he was president of the Valves and Controls global business unit of Pentair Ltd from 2009 through 2013, a unit that merged with Pentair in 2012 following his appointment by Tyco International Ltd. He held senior management positions at Emerson Electric Co. from 1997 to 2009, including President of Emerson Process Management Europe, President of Machinery Health Management, and President of Emerson Climate Technologies Refrigeration. Before Emerson, Mr. Dunbar spent a decade in various industrial automation and control business roles at Honeywell International Inc. He holds a Master and a Bachelor of Science Degree in Electrical Engineering from Stanford University.

Ademir Sarcevic, Vice President, Chief Financial Officer and Treasurer

Ademir Sarcevic joined Standex International in September 2019 as Vice President, Chief Financial Officer, and Treasurer. In this role, he is responsible for external reporting, financial planning and analysis, treasury, tax, internal audit, information technology, and risk management. Before Standex, Mr. Sarcevic was Senior Vice President and Chief Accounting Officer for Pentair plc, where he also held leadership positions including Global Controller, CFO of Valves and Controls, and Vice President of Corporate Audit. His career also includes finance, controllership, and audit roles at Eisai Inc. and Tyco International. He has navigated numerous mergers, acquisitions, and divestitures, and experienced taking a pre-IPO company public, only to witness the subsequent dot-com crash. Mr. Sarcevic earned a Master of International Management in Finance from the Thunderbird School of Global Management at Arizona State University and a Bachelor of Science in Finance and International Business from the University of Bridgeport.

Michelle Newbury, Chief Human Resources Officer

Michelle Newbury was appointed Chief Human Resources Officer for Standex International Corporation, effective November 10, 2025. She brings over 20 years of human resources leadership experience to the role. Prior to joining Standex, Ms. Newbury served as Vice President of Human Resources at Cornerstone Building Brands, Vice President of Human Resources at Kymera International, and Senior Director of Human Resources at Pentair.

Alan J. Glass, Vice President, Chief Legal Officer and Secretary

Alan J. Glass has served as Vice President, Chief Legal Officer, and Secretary of Standex International since 2016. His previous experience includes serving as Vice President, General Counsel, and Secretary of Circor International Inc., and as Corporate Counsel for Wyman Gordon Company.

Jim Hooven, Vice President, Operations and Supply Chain

Jim Hooven is the Vice President, Operations and Supply Chain at Standex International.

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1. Commodity Price Fluctuations and Supply Chain Management: Standex International is significantly exposed to the volatility of raw material prices, such as steel, aluminum, and other metals, which are crucial for its manufacturing processes, particularly in segments like Engineering Technologies, Specialty Solutions, and Electronics. The company's ability to fully pass on increased material costs to its customers is not guaranteed, potentially impacting profit margins. This risk is compounded by broader challenges in supply chain management.
2. Dependence on Global Economic Conditions and Market Demand: The company's financial performance is closely linked to overall macroeconomic trends. Adverse economic conditions, including industrial slowdowns in regions like China and Europe, and decreased demand in specific end markets, such as new vehicle introductions in North America, renewable energy, electric vehicles, and smart grid applications, can negatively affect its revenue and profitability.
3. Intense Competitive Pressure: Operating within the highly competitive industrial manufacturing sector, Standex International must continuously innovate and differentiate its product offerings to maintain its market share. A failure to uphold its competitive edge against numerous industry players could result in lost market share and reduced profitability.

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For Standex International (symbol: SXI), the addressable markets for their main products or services are as follows:

• Engraving Services: The global engraving services market was valued at USD 273.47 million in 2024 and is expected to grow to USD 511.79 million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.14%.
• Food Service Equipment: The global food service equipment market size was valued at USD 43.34 billion in 2024 and is projected to grow to USD 78.62 billion by 2034, at a CAGR of 6.2%.
• Electronics: null
• Scientific: null
• Engineering Technologies: null
• Specialty Solutions: null

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1. Growth from New Product Sales and Innovation: Standex International anticipates significant contributions from its new product pipeline. The company plans to release more than 15 new products in fiscal year 2026, building on strong momentum where new product sales grew over 35% year-over-year in the first quarter of fiscal 2026. These new products are strategically targeted at above-core margins and are expected to contribute approximately 300 basis points of incremental sales growth in fiscal year 2026.
2. Expansion into Fast-Growth Markets: A major focus for Standex is its penetration into "fast-growth markets," including the electric grid, data centers, space, defense, industrial automation, power management, renewable energy technologies, and EV-related applications. Sales from these markets are projected to grow over 45% year-on-year and exceed $270 million in fiscal year 2026. The company's strategic pivot towards a more focused, high-growth electronics platform centered on global electrification is a key aspect of this.
3. Contributions from Acquisitions: Recent acquisitions are expected to continue driving revenue growth. The integration of businesses like the Amran/Narayan Group (now rebranded as Standex Electronics Grid) is particularly highlighted, with the Grid business alone expected to grow by more than 20% in fiscal 2026. The acquisition of McStarlite also contributed significantly to the Engineering Technologies segment's revenue growth.
4. Organic Growth in Key Segments: Standex forecasts mid-to-high single-digit organic growth in its Electronics segment and double-digit organic growth in Engineering Technologies. This organic expansion, alongside acquisitions, underpins the company's overall revenue growth expectations, with management raising its fiscal year 2026 sales outlook, anticipating revenue to grow by over $110 million.

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Share Repurchases

• Standex International repurchased 17,792 shares for $3.74 million between July 1, 2025, and September 30, 2025, completing a buyback plan announced on May 6, 2022, which saw a total of 594,092 shares repurchased for $76.36 million.
• During the fiscal third quarter of 2024, the company repurchased approximately 34,000 shares for $5.1 million, with $33.3 million remaining on its share repurchase authorization.
• In the fiscal third quarter of 2023, approximately 42,500 shares were repurchased for $5.0 million, leaving $72.1 million under the existing authorization.

Share Issuance

• The company primarily issues shares of common stock for the settlement of awards under its stock-based compensation plans, utilizing shares acquired through treasury stock repurchases.
• In October 2025, a director acquired 639 shares of Common Stock as a restricted stock award under the company's 2018 Omnibus Incentive Plan, vesting over three years.
• A proposed sale of 1,823 shares of common stock, valued at approximately $419,560.24, was indicated for November 2025, with these shares acquired through restricted stock vesting as compensation.

Outbound Investments

• Acquisitions significantly contributed to revenue growth, with the Electronics segment benefiting by 41% from acquisitions in Q4 FY2025 and an overall revenue increase in Q1 FY2026 driven mostly by acquisitions.
• In fiscal third quarter 2025, revenue increases included a 48.1% benefit from acquisitions, notably the Amran/Narayan Group, and the recent acquisition of McStarlite, a provider of aerospace components.
• Standex International's long-term business strategy includes undertaking strategically aligned acquisitions to strengthen and expand its core businesses.

Capital Expenditures

• Capital expenditures for fiscal year 2025 were $28.3 million, and are expected to be between $33 million and $38 million for fiscal year 2026.
• In fiscal year 2024, capital expenditures totaled $20.3 million.
• The company directs investments towards markets with long-term growth prospects, including renewable energy, electric vehicles, smart power grid, military and defense, and life sciences.