VPG Investor Presentation June, 2015 SAFE HARBOR STATEMENT From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our behalf, may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated, or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, changes in the current pace of economic recovery, including if such recovery stalls or does not continue as expected; difficulties or delays in completing acquisitions and integrating acquired companies; the inability to realize anticipated synergies and expansion possibilities; difficulties in new product development; changes in competition and technology in the markets that we serve and the mix of our products required to address these changes; changes in foreign currency exchange rates; difficulties in implementing our ERP system and the associated impact on manufacturing efficiencies and customer satisfaction; difficulties in implementing our cost reduction strategies such as underutilization of production facilities, labor unrest or legal challenges to our lay-off or termination plans; operation of redundant facilities due to difficulties in transferring production to lower-labor-cost countries; and other factors affecting our operations, markets, products, services, and prices that are set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Non-GAAP Measures This presentation includes discussion of adjusted gross profit, adjusted operating income and their corresponding margins, as well as adjusted net earnings and adjusted diluted earnings per share. These are financial measures that were not prepared in accordance with generally accepted accounting principles in the United States (non-GAAP measures). We believe these non-GAAP measures provide insight into our financial performance. These non-GAAP measures are supplemental to the comparable GAAP measures. Reconciliations of these non-GAAP measures to the corresponding GAAP measures are included in our first quarter earnings press release and in the appendix to this presentation, which is available on our website at: www.vpgsensors.com. 2 VALUE PROPOSITION 3 OVERVIEW 4 STRATEGY Strategic Priorities Optimize Core Organic Growth Acquisitions • Achieve organic growth through product innovation and expansion of the existing product portfolio. • Acquire complementary sensor products and systems to enhance organic growth. 5 FOIL TECHNOLOGY PRODUCTS 6 FOIL TECHNOLOGY PRODUCTS Foil Resistors and Strain Gages Applications Applications High end test and measurement for the aviation, military and space, semiconductor, process control, oil and gas and medical markets. Stress analysis gages for structural testing for the aviation, military and space, infrastructure and construction markets. Transducers for sensing force, pressure and weight for the oil and gas, and logging markets. Financial Highlights Net revenues % total Gross profit margin First Quarter 2015 2014 $ 25.1M $ 26.0M 44.3% 42.6% 40.6% 37.9% Market Fiscal Year 2014 $ 108.0M 43.1% 39.3% • • Service available mkt. $150M - concentrated Competitor(s) - HBM Opportunities • Drive new “design-in” opportunities via field application engineer expertise • Expand product innovation • Advanced sensors • High temperature resistors 7 FORCE SENSORS Transducers for weight, pressure and torque measurements. Certified load cells for legal-for-trade applications. Enhances equipment performance 8 FORCE SENSORS OEM/Custom Applications Medical devices – hospital beds, medication dosing Agricultural equipment - precision force measurement Construction machinery - Aerial equipment for tipping and overload prevention Financial Highlights Net revenues % total Gross profit margin First Quarter 2015 2014 $ 15.2M $ 16.4M 26.9% 26.9% 21.9% 21.3% Market Fiscal Year 2014 $ 68.3M 27.2% 22.2% • • Service available mkt. - $800M - diverse Competitor(s) – HBM, Zemic, Keli, Flintec Opportunities • New product development for custom applications • Increase “design-in” engineering support for OEMs in non-generic applications • Highest quality products and excellent service for generic items 9 WEIGHING AND CONTROL SYSTEMS Process weighing systems Steel mill systems On-board weighing Applications Process weighing – chemicals, food, pharmaceuticals Aircraft and trucks – weighing and overload protection Steel and paper mills – weight, force and process optimization Offshore drilling – force measurement Financial Highlights Market • Net revenues % total Gross profit margin First Quarter Fiscal Year 2015 2014 2014 $ 16.3M $ 18.6M $ 74.5M 28.8% 30.5% 29.7% 44.6% 46.7% Service available mkt. - $2B - diverse Opportunities • On-board weighing for overload protection • Qualifying systems for truck and van OEMs • Aftermarket overload protection systems for vans and trucks 46.4% 10 MARKET OVERVIEW Fiscal 2014 Revenue: $250.8M CUSTOMER TYPE END MARKET Electronic manufacturing services 5% Steel 10% End-users 24% Aviation Military Space 8% Medical 4% OEMs 48% Distributors 23% Test and Measurement 23% Precision Weighing 42% Force Measurement 13% GEOGRAPHY Asia 22% Americas 38% Europe 40% 11 DIVERSIFIED CUSTOMER BASE Distributors/EMS Aviation Medical Weighing Industrial 12 SELECTED FINANCIAL RESULTS Consolidated Condensed Summary of Operations (Unaudited - in millions, except %) Fiscal quarter ended Mar. 28, 2015 Mar. 29, 2014 Dec. 31, 2014 Net revenues Organic Growth $ 61.0 $ 56.6 Adjusted gross profit (1) (*) Adjusted gross profit margin (1) (*) $ 20.8 36.7% $ 22.1 36.2% $ 21.6 35.3% Selling, general, and administrative expenses $ 18.7 $ 18.7 $ 19.1 Adjusted operating income (2) (*) Adjusted operating margin (2) (*) $ $ $ 2.0 3.6% 3.4 5.5% Acquisitions $ 61.2 2.6 4.2% (1) Adjusted gross profit and adjusted gross profit margin exclude the KELK acquisition purchase accounting adjustments (2) Adjusted operating income and adjusted operating margin exclude restructuring, impairment of goodwill and indefinite-lived intangibles, and the KELK acquisition purchase accounting adjustments (*) Refer to the reconciliation tables included in the appendix of this presentation 13 HIGHLIGHTS • Full year 2014 revenues of $250.8 million. First quarter 2015 revenues of $56.6 million. • Full year 2014 adjusted diluted earnings per share increase to $0.74, up 19%, versus $0.62 in fiscal 2013. • Cash flow generation was strong for the 2014 year, at $24.0 million, with free cash flow of $14.3 million.* • Purchased 328,000 VPG shares at a cost of $4.7 million. (As of 5/28/2015) • Announced expanded share repurchase program – up to 2,000,000 shares. • Second quarter fiscal 2015 revenue guidance of $56 million to $61 million. *Free cash flow is defined as the amount of cash generated from operations ($24.0 million for the 2014 fiscal year), in excess of our capital expenditures ($9.8 million for the 2014 fiscal year) and net of proceeds, if any, from the sale of assets ($0.1 million in the 2014 fiscal year). 14 VALUE PROPOSITION 15 THANK YOU 16 APPENDIX 17 RECONCILIATION VISHAY PRECISION GROUP, INC. Reconciliation of Adjusted Earnings Per Share (Unaudited - In thousands, except per share data) Fiscal quarter ended Net earnings attributable to VPG stockholders March 28, 2015 March 29, 2014 $ $ 696 1,706 Reconciling items affecting operating margin Acquisition purchase accounting adjustments — 39 Acquisition costs — — Restructuring costs 78 324 Reconciling items affecting income tax expense Tax effect of adjustments for purchase accounting and restructuring costs Adjusted net earnings attributable to VPG stockholders $ Weighted average shares outstanding - diluted Adjusted net earnings per diluted share 16 758 $ 13,958 13,960 $ 0.05 92 1,977 $ 0.14 18 RECONCILIATION VISHAY PRECISION GROUP, INC. Reconciliation of Consolidated Adjusted Gross Profit Margin (Unaudited - In thousands) Fiscal quarter ended Gross profit March 28, 2015 March 29, 2014 $ $ Gross profit margin 20,779 22,047 36.7 % 36.1 % — 39 Reconciling items affecting gross profit margin Acquisition purchase accounting adjustments Adjusted gross profit Adjusted gross profit margin $ 20,779 36.7 % $ 22,086 36.2 % 19 RECONCILIATION VISHAY PRECISION GROUP, INC. Reconciliation of Consolidated Adjusted Operating Margin (Unaudited - In thousands) March 28, 2015 Operating income Operating margin $ 1,968 3.5% Reconciling items affecting operating margin Acquisition purchase accounting adjustments - Impairment of goodwill and indefinite-lived intangibles - Restructuring costs Adjusted operating income Adjusted operating margin Fiscal quarter ended March 29, December 31, 2014 2014 $ $ 39 2,046 3.6% 5,446 324 $ 3,386 5.5% (3,098) -5.1% 19 78 $ 3,023 5.0% 193 $ 2,560 4.2% 20