Belden acquisitions, on the record

Word for word“Most recently, in August 2023, we acquired CloudRail GmbH (CloudRail), which spec ializes in sensor to cloud data solutions allowing end users to quickly connect sensors on their machinery to cloud providers to drive business insights and improve outcomes.” 10-K for 2023

Word for word“In April 2023, we acquired Berthold Sichert GmbH (Sichert), which designs and manufactures a portfolio of polycarbonate street cabinets utilized in outside plant passive optical networks (“PON”) and 5G networks.” 10-K for 2023

Word for word“In April 2022, we acquired Communication Associates, Inc. (CAI), a leading designer and manufacturer of various plug-in radio frequency filters used in outside plant hybrid fiber-coax nodes.” 10-K for 2023

Word for word“In March 2022, we acquired NetModule AG (NetModule), a leading provider of reliable, fast, and secure wireless network infrastructures, with advanced capabilities in 5G and WiFi6 technologies used in a variety of mission critical industries, but most notably, the mass transit and intelligent traffic systems within the transportation vertical.” 10-K for 2023

Word for word“In January 2022, we acquired macmon secure GmbH (Macmon), a leading provider of products and services that secure network infrastructures in a variety of mission critical industries .” 10-K for 2023

Word for word“On September 16, 2024, we acquired Voleatech with cash on hand for € 5.0 million ($ 5.6 million), net of cash acquired and accounted for the acquisition as a business combination.” 10-K for 2024

Word for word“On June 30, 2024, we acquired Precision with cash on hand for $ 289.6 million, net of cash acquired and accounted for the acquisition as a business combination.” 10-K for 2024

Word for word“In August 2023, we acquired CloudRail GmbH (CloudRail) with cash on hand for $ 9.2 million, net of cash acquired and accounted for the acquisition as a business combination.” 10-K for 2024

Word for word“In April 2023, we acquired Berthold Sichert GmbH (Sichert) with cash on hand for $ 97.5 million, net of cash acquired and accounted for the acquisition as a business combination.” 10-K for 2024

Word for word“On January 17, 2022, we acquired Macmon for $ 41.9 million, net of cash acquired.” 10-K for 2024

Word for word“On March 3, 2022, we acquired NetModule for $ 23.5 million, net of cash acquired.” 10-K for 2024

Word for word“On April 15, 2022, we acquired CAI for $ 19.0 million, net of cash acquired.” 10-K for 2024

Word for word“The Consolidated Cash Flow Statement includes the results of discontinued operations up to the disposal date, February 22, 2022 for Tripwire.” 10-K for 2024

Word for word“Sale and deconsolidation of Hite JV — — — — — — — ( 695 ) ( 695 ) Common stock issuance — — 28 — 116 6,540 — — 6,568 Retirement Savings Plan stock contributions — — 2,347 — 94 5,451 — — 7,798 Exercise of stock options, net of tax withholding forfeitures — — ( 7,928 ) — 82 3,043 — — ( 4,885 ) Conversion of restricted stock units into common stock, net of tax withholding forfeitures — — ( 22,477 ) — 255 9,919 — — ( 12,558 ) Share repurchase including excise tax — — — — ( 2,253 ) ( 193,578 ) — — ( 193,578 ) Share-based compensation — — 21,024 — — — — — 21,024 Common stock dividends ($ 0.20 per share) — — — ( 8,474 ) — — — — ( 8,474 ) Balance at December 31, 2023 50,335 $ 503 $ 818,663 $ 985,807 ( 9,208 ) $ ( 597,437 ) $ ( 41,279 ) $ 45 $ 1,166,302 Net income (loss) — — — 198,433 — — — ( 19 ) 198,414 Other comprehensive income (loss), net of tax — — — — — — 37,747 ( 1 ) 37,746 Acquisition of noncontrolling interest — — ( 42 ) — — — — ( 25 ) ( 67 ) Common stock issuance — — 3,091 — 135 5,826 — — 8,917 Retirement Savings Plan stock contributions — — 4,326 — 80 3,260 — — 7,586 Exercise of stock options, net of tax withholding forfeitures — — ( 1,986 ) — 36 4 — — ( 1,982 ) Conversion of restricted stock units into common stock, net of tax withholding forfeitures — — ( 11,829 ) — 160 4,152 — — ( 7,677 ) Share repurchase including excise tax — — — — ( 1,327 ) ( 133,831 ) — — ( 133,831 ) Share-based compensation — — 27,532 — — — — — 27,532 Common stock dividends ($ 0.20 per share) — — — ( 8,204 ) — — — — ( 8,204 ) Balance at December 31, 2024 50,335 $ 503 $ 839,755 $ 1,176,036 ( 10,124 ) $ ( 718,026 ) $ ( 3,532 ) $ — $ 1,294,736 The accompanying notes are an integral part of these Consolidated Financial Statements. 42 Notes to Consolidated Financial Statements Note 1: Basis of Presentation Business Description Belden Inc. (the Company, us, we, or our) is a leading global supplier of complete connection solutions built around two global businesses - Smart Infrastructure Solutions and Automation Solutions .” 10-K for 2024