8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 9, 2013

Commission file number: 001-13337

STONERIDGE, INC.

(Exact name of registrant as specified in its charter)

Ohio	34-1598949
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

9400 East Market Street, Warren, Ohio	44484
(Address of principal executive offices)	(Zip Code)

(330) 856-2443

Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02 Results of Operations and Financial Condition.

On May 9, 2013, Stoneridge, Inc. (the “Company”) issued a press release announcing its results for the first quarter ended March 31, 2013.  A copy of the press release is attached hereto as Exhibit 99.1. On May 9, 2013, members of the Company’s management held a first-quarter 2013 earnings conference call discussing financial results and the presentation furnished herewith as Exhibit 99.2, accompanied management’s comments.

ITEM 7.01 Regulation FD Disclosure.

The information set forth in Item 2.02 above is hereby incorporated herein by reference.

The information in this report, including the press release and presentation furnished as Exhibits 99.1 and 99.2 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. In addition, the exhibits furnished herewith contain statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in such exhibits.

ITEM 9.01 Financial Statements and Exhibits.

(c)           Exhibits

Exhibit No.	Description
99.1	Press release dated May 9, 2013, announcing results for the first quarter ended March 31, 2013.
99.2	First quarter 2013 conference call presentation dated May 9, 2013.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Stoneridge, Inc.
Date: May 9, 2013	/s/ George E. Strickler
	George E. Strickler, Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer)

Exhibit Index

99.1	Press release dated May 9, 2013, announcing results for the first quarter ended March 31, 2013.
99.2	First quarter 2013 conference call presentation dated May 9, 2013.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

STONERIDGE REPORTS FIRST-QUARTER 2013 RESULTS

· Continued Improvement in Operating Margin Driven by Cost Reductions and Sequential Sales Growth Over the Last Three Quarters

· Positioned to Leverage Market Improvement

· Deleveraging From 2012 Cash Flow Lowers Interest Expense

· Company Maintains 2013 Guidance of $0.75-$0.95 per Share

WARREN, Ohio – May 9, 2013 – Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2013.

First-quarter 2013 net sales were $235.7 million, a decrease of $26.6 million, or 10.1%, compared with $262.3 million for the first quarter of 2012. The decrease in the current quarter’s net sales was primarily due to lower sales in the Company’s Wiring business segment and lower sales in the PST business segment.

Net income for the first quarter of 2013 was $4.1 million, or $0.15 per diluted share, compared with net income of $5.9 million, or $0.22 per diluted share, in the first quarter of 2012. The decrease in net income was primarily due to lower sales in the first quarter of 2013 compared with the same period in 2012.

As of March 31, 2013, Stoneridge’s consolidated cash position was $46.7 million, an increase of $2.1 million from December 31, 2012.

“While our year-over-year sales comparisons were lower in the first quarter, over the last three quarters sales have improved 7.5% over the third quarter of 2012 and 5.8% over the fourth quarter of 2012. Our cost-reduction and other initiatives implemented during 2012 continued to favorably affect our operating margin. These actions, together with our participation in diversified markets and global reach, have reduced the impact of lower global commercial vehicle market demand and demonstrated our ability to continue generating operating profits with lower volumes,” Corey noted. “Our cash flow and deleveraging in 2012 contributed to our earnings performance in the first quarter of 2013 through lower interest expense.”

Corey continued “PST’s sales came in as expected and above the trough level experienced in the second quarter of 2012, while operating margins benefited from cost initiatives implemented in the second quarter of last year and mix driven largely from aftermarket products of alarm systems and tracking devices.”

Regarding the remaining quarters, Corey added, “We are positioned to benefit from market improvement and expect to see continued financial performance improvement in the remaining quarters of 2013 as we have experienced in the last three quarters, and reaffirm our 2013 guidance of $0.75 to $0.95 per share as published on February 7, 2013, based on market improvement and cost initiatives.”

Conference Call on the Web

A live Internet broadcast of Stoneridge’s conference call regarding 2013 first-quarter results can be accessed at 11 a.m. Eastern time on Thursday, May 9, 2013, at www.stoneridge.com, which will also offer a webcast replay.

About Stoneridge, Inc.

Stoneridge, Inc., headquartered in Warren, Ohio, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the commercial vehicle, automotive and agricultural, motorcycle and off-highway vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

Forward-Looking Statements

Statements in this release that are not historical fact are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied in this release. Things that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the loss of a major customer; a significant volume change in commercial vehicle, automotive, agricultural, motorcycle and off-highway vehicle production; disruption in the OEM supply chain due to bankruptcies; a significant change in general economic conditions in any of the various countries in which the Company operates; labor disruptions at the Company’s facilities or at any of the Company’s significant customers or suppliers; the ability of the Company’s suppliers to supply the Company with parts and components at competitive prices on a timely basis; customer acceptance of new products; and the failure to achieve successful integration of any acquired company or business. In addition, this release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company’s periodic filings with the Securities and Exchange Commission.

For more information, contact:

Kenneth A. Kure, Corporate Treasurer and Director of Finance

330/856-2443

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three months ended March 31 (in thousands, except per share data)	2013			2012
Net sales	$	235,710		$	262,267
Costs and expenses:
Cost of goods sold		176,981			197,129
Selling, general and administrative		48,437			53,289
Operating income		10,292			11,849
Interest expense, net		4,574			5,355
Equity in earnings of investees		(201	)		(139	)
Other expense (income), net		617			(331	)
Income before income taxes		5,302			6,964
Provision for income taxes		1,019			1,218
Net income		4,283			5,746
Net income (loss) attributable to noncontrolling interest		160			(133	)
Net income attributable to Stoneridge, Inc.	$	4,123		$	5,879
Earnings per share attributable to Stoneridge, Inc.:
Basic	$	0.15		$	0.22
Diluted	$	0.15		$	0.22
Weighted average shares outstanding:
Basic		26,601			26,220
Diluted		27,395			26,857

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

	March 31,			December 31,
(in thousands)	2013			2012
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	46,724		$	44,555
Accounts receivable, less reserves of $3,534 and $3,394, respectively		158,852			141,503
Inventories, net		103,115			96,032
Prepaid expenses and other current assets		34,806			28,964
Total current assets		343,497			311,054
Long-term assets:
Property, plant and equipment, net		118,137			119,147
Other assets
Intangible assets, net		84,160			84,397
Goodwill		67,287			66,381
Investments and other long-term assets, net		11,791			11,712
Total long-term assets		281,375			281,637
Total assets	$	624,872		$	592,691
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of debt	$	17,621		$	18,925
Revolving credit facilities		-			1,160
Accounts payable		85,017			76,303
Accrued expenses and other current liabilities		62,900			57,081
Total current liabilities		165,538			153,469
Long-term liabilities:
Long-term debt, net		193,531			181,311
Deferred income taxes		59,967			59,819
Other long-term liabilities		4,048			4,258
Total long-term liabilities		257,546			245,388
Shareholders' equity:
Preferred Shares, without par value, authorized 5,000 shares, none issued		-			-
Common Shares, without par value, authorized 60,000 shares, issued 28,803 and 28,433
shares and outstanding 28,489 and 27,913 shares at March 31, 2013 and December 31, 2012,
respectively, with no stated value		-			-
Additional paid-in capital		184,187			184,822
Common Shares held in treasury, 314 and 520 shares at March 31, 2013 and December 31,
2012, respectively, at cost		(519	)		(1,885	)
Accumulated deficit		(18,779	)		(22,902	)
Accumulated other comprehensive loss		(7,778	)		(10,282	)
Total Stoneridge Inc. shareholders’ equity		157,111			149,753
Noncontrolling interest		44,677			44,081
Total shareholders' equity		201,788			193,834
Total liabilities and shareholders' equity	$	624,872		$	592,691

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
Three months ended March 31 (in thousands)		2013		2012
Net income	$	4,283	$	5,746
Other comprehensive income, net of tax:
Foreign currency translation adjustments		2,245		7,111
Unrealized gain on derivatives		259		7,256
Other comprehensive income, net of tax		2,504		14,367
Consolidated comprehensive income		6,787		20,113
Income (loss) attributable to noncontrolling interest		160		(133	)
Comprehensive income attributable to Stoneridge, Inc.	$	6,627	$	20,246

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Three months ended March 31 (in thousands)	2013			2012
OPERATING ACTIVITIES:
Net cash provided by (used for) operating activities	$	(594	)	$	5,862
INVESTING ACTIVITIES:
Capital expenditures		(5,818	)		(6,848	)
Proceeds from sale of fixed assets		16			143
Business acquisition		-			(19,779	)
Net cash used for investing activities		(5,802	)		(26,484	)
FINANCING ACTIVITIES:
Revolving credit facility borrowings		-			160
Revolving credit facility payments		(1,160	)		(7,418	)
Proceeds from issuance of other debt		13,386			4,517
Repayments of other debt		(2,690	)		(13,409	)
Other financing costs		-			(99	)
Repurchase of shares to satisfy employee tax withholding		(671	)		(1,118	)
Net cash provided by (used for) financing activities		8,865			(17,367	)
Effect of exchange rate changes on cash and cash equivalents		(300	)		2,192
Net change in cash and cash equivalents		2,169			(35,797	)
Cash and cash equivalents at beginning of period		44,555			78,731
Cash and cash equivalents at end of period	$	46,724		$	42,934
Supplemental disclosure of non-cash financing activities:
Change in fair value of interest rate swap	$	(103	)	$	86
Issuance of Common Shares for acquisition of additional PST interest	$	-		$	10,197

EX-99.2

1 Stoneridge, Inc . First Quarter 2013 Earnings Release Presentation May 9, 2013 Exhibit 99.2

Statements in this presentation that are not historical facts (including, but not limited to, 2013 net sales guidance) are forward - looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements. Important factors that may cause actual results to differ materially from those in the forward - looking statements include, among other factors, the loss or bankruptcy of a major customer; the costs and timing of facility closures, business realignment or similar actions; a significant change in medium - and heavy - duty truck, automotive or agricultural and off - highway vehicle production; our ability to achieve cost reductions that offset or exceed customer - mandated selling price reductions; a significant change in general economic conditions in any of the various countries in which Stoneridge operates; labor disruptions at Stoneridge’s facilities or at any of Stoneridge’s significant customers or suppliers; the ability of suppliers to supply Stoneridge with parts and components at competitive prices on a timely basis; the amount of Stoneridge’s indebtedness and the restrictive covenants contained in the agreements governing its indebtedness, including its asset - based credit facility and senior secured notes; customer acceptance of new products; capital availability or costs, including changes in interest rates or market perceptions; the failure to achieve successful integration of any acquired company or business and the items described in “Risk Factors” and other uncertainties or risks discussed in Stoneridge’s periodic and current reports filed with the Securities and Exchange Commission. Important factors that could cause the performance of the commercial vehicle and automotive industry to differ materially from those in the forward - looking statements include factors such as (1) continued economic instability or poor economic conditions in the United States and global markets, (2) changes in economic conditions, housing prices, foreign currency exchange rates, commodity prices, including shortages of and increases or volatility in the price of oil, (3) changes in laws and regulations, (4) the state of the credit markets, (5) political stability, (6) international conflicts and (7) the occurrence of force majeure events. Forward Looking Statements

Forward Looking Statements (cont’d) Also, see Rounding Differences Disclosure below These factors should not be construed as exhaustive and should be considered with the other cautionary statements in Stoneridge’s filings with the Securities and Exchange Commission. Forward - looking statements are not guarantees of future performance; Stoneridge’s actual results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates may differ materially from those described in or suggested by the forward - looking statements contained in this presentation. In addition, even if Stoneridge’s results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates are consistent with the forward - looking statements contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. This presentation contains time - sensitive information that reflects management’s best analysis only as of the date of this presentation. Any forward - looking statements in this presentation speak only as of the date of this presentation, and Stoneridge undertakes no obligation to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data. Stoneridge does not undertake any obligation to publicly update or revise any forward - looking statement as a result of new information, future events or otherwise, except as otherwise required by law . Rounding Differences : There may be slight immaterial differences between figures represented in our public filings compared to what is shown in this presentation. The differences are the a result of rounding due to the representation of values in millions rather than thousands in our public filings.

Sales, Gross Profit, & Op Income – 1Q12 vs 1Q13 1Q12 1Q13 SRI Variance millions SRI Core PST Ops PST PPA SRI $ % Sales 262.3 193.3 42.4 0.0 235.7 (26.6) (10.1%) COGS 197.1 152.3 24.4 0.3 177.0 (20.1) (10.2%) Gross Profit 65.1 41.0 18.1 (0.3) 58.7 (6.4) (9.8%) GP % to Sales 24.8% 21.2% 42.6% 24.9% SGA 53.3 31.7 15.1 1.6 48.4 (4.9) (9.1%) SGA % to Sales 20.3% 16.4% 35.7% 20.5% Op Income 11.8 9.3 2.9 (1.9) 10.3 (1.6) (13.1%) OI % to Sales 4.5% 4.8% 6.9% 4.4% 42.4 24.7 17.8 16.8 1.0 193.3 152.3 41.0 31.7 9.3 0% 20% 40% 60% 80% 100% Sales COGS Gross Profit SGA Op Income PST Core

Sales by Segment – 1Q13 vs 1Q12 1Q13 1Q12 CD ELEC WIRING PST SRI CD ELEC WIRING PST SRI Pass Car / Light Truck 56.5 1.0 0.2 0.0 57.6 53.5 1.2 0.4 0.0 55.1 Med / HD Truck 5.6 42.7 41.5 0.8 90.7 6.7 40.8 56.9 0.0 104.4 Ag 4.6 0.0 33.9 0.0 38.6 4.0 0.4 37.6 0.0 41.9 PST / Other 5.1 0.8 1.3 41.6 48.8 6.2 1.1 0.0 53.7 60.9 TOTAL 71.9 44.5 76.8 42.4 235.7 70.4 43.4 94.8 53.7 262.3 Variance $ Variance % 1Q13 vs 1Q12 1Q13 vs 1Q12 CD ELEC WIRING PST SRI CD ELEC WIRING PST SRI Pass Car / Light Truck 3.0 (0.2) (0.2) 0.0 2.6 5.6% (19.1)% (52.9)% 0.0% 4.7% Med / HD Truck (1.1) 1.9 (15.3) 0.8 (13.7) (15.9)% 4.6% (26.9)% 0.0% (13.1)% Ag 0.7 (0.3) (3.7) 0.0 (3.3) 16.6% (93.5)% (9.7)% 0.0% (8.0)% PST / Other (1.1) (0.2) 1.3 (12.1) (12.1) (17.4)% (20.8)% 0.0% (22.5)% (19.8)% TOTAL 1.5 1.1 (17.9) (11.3) (26.6) 2.2% 2.5% (18.9)% (21.0)% (10.1)%

1Q12 vs 1Q13 EPS Bridge PST Impacts SRI Core TOTAL Volume (0.05) (0.12) (0.17) Mix / Direct Material 0.00 (0.03) (0.03) Copper 0.00 0.03 0.03 FX (0.02) (0.01) (0.03) Other 0.00 (0.03) (0.03) Interest 0.01 0.01 0.02 SGA Drop / Cost Reduction 0.09 0.03 0.12 PST Cost Reduct / Purchase Acctg 0.02 0.00 0.02 TOTAL 0.05 (0.12) (0.07) 0.15 0.02 0.12 0.02 (0.03) (0.03) 0.03 (0.03) (0.17) 0.22 1Q13 Actual EPS PST Cost Reduct / Purchase Acctg SGA Drop / Cost Reduction Interest Other FX Copper Mix / Direct Material Volume 1Q12 Actual EPS

15,440 16,079 20122 2013 Thousands North American Light Vehicle Production Source: IHS April 2013 3,964 3,987 3,667 3,822 3,984 4,162 3,917 4,016 0.6% (8.0)% 4.2% 4.2% 4.4% (5.9)% 2.5% Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Thousands Auto Qtr vs Qtr % ∆ ↑ 4.1% Guidance derived from customers EDI demand and adjusted for known production estimate changes

186,660 201,205 2012 2013 N.A. Medium Duty Truck Production Source: LMC April 2013 ( previous known as JD Power) 48,200 49,903 42,427 46,130 51,965 53,959 47,644 47,637 3.5% (15.0)% 8.7% 12.6% 3.8% (11.7)% (0.0)% Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 NA N.A. Qtr vs Qtr % ∆ ↑ 7.8% Guidance derived from customers EDI demand and adjusted for known production estimate changes

278,929 263,123 2012 2013 N.A. Heavy Duty Truck Production Source: LMC April 2013 (previous known as JD Power) 77,779 78,298 64,946 57,906 57,304 65,805 68,507 71,507 0.7% (17.1)% (10.8)% (1.0)% 14.8% 4.1% 4.4% Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 NA N.A. Qtr vs Qtr % ∆ ↓ 5.7% Guidance derived from customers EDI demand and adjusted for known production estimate changes

300,206 272,818 2012 2013 W Europe Heavy Duty Truck Production Source: LMC April 2013 (previous known as JD Power) 74,601 75,853 70,496 79,256 64,710 65,132 61,207 81,769 1.7% (7.1)% 12.4% (18.4)% 0.7% (6.0)% 33.6% Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Europe Europe Qtr vs Qtr % ∆ ↓ (9.1)% Guidance derived from customers EDI demand and adjusted for known production estimate changes

PST Purchase Price Accounting Expense [Non Cash] (millions) Q1 Q2 Q3 Q4 Full Year 2012 1Q Est. 2013 COGS / DM Inventory Write Up $1.8 $1.4 $0.0 $0.0 $3.2 $0.0 $0.0 COGS / Depreciation – Fixed Asset Write Up $0.4 $0.3 $0.3 $0.3 $1.3 $0.3 $1.0 SGA / Amortized Intangibles $1.0 $1.1 $1.3 $1.3 $4.7 $1.6 $5.0 TOTAL $3.2 $2.8 $1.6 $1.6 $9.2 $1.9 $6.0 Q1 Q2 Q3 Q4 2012 1Q 2013 E Impact on Op Margin 1.22% 1.20% 0.73% 0.72% 0.98% 0.81% 0.64% Impact on Diluted EPS $(0.06) $(0.05) $(0.03) $(0.03) $(0.17) $(0.04) $(0.11)

Improving Direct Material Costs in 2H12 1Q12 2Q12 1 st Half 3Q12 4Q12 2 nd Half FY 2012 1Q13 Core Direct Material 56.2% 56.7% 56.4% 56.0% 54.9% 55.4% 56.0% 53.9% PST Direct Material * 38.0% 37.8% 37.9% 37.0% 32.1% 34.5% 36.2% 34.9% * Excludes Purchase Accounting Expense • Commodity based material price decreases • Sales price increases (mostly Control Devices) offsetting raw material increases • Redesign of products to lower material content (Control Devices)

Wiring Plant Operations Continuous Improvements DELIVERY Past Due Premium Freight Pieces $ % FY 2012 vs FY 2011 Current w/ all customers $(4.8) (75.5)% Labor Efficiency Mar 2011 vs. Dec 2011 2012 Count % Count % Headcount (1,075) (17.1)% (587) (12.8)% Wiring Business Productivity % % Mar 2011 vs. Dec 2011 2012 Sales / Employee 29.9% 14.0% 2010 vs. 2011 2012 Sales Growth 27.8% 0.2%

Sales, Gross Profit, & Op Income – 4Q12 vs 1Q13 42.4 24.7 17.8 16.8 1.0 193.3 152.3 41.0 31.7 9.3 0% 20% 40% 60% 80% 100% Sales COGS Gross Profit SGA Op Income PST Core 4Q12 1Q13 SRI Variance millions SRI Core PST Ops PST PPA SRI $ % Sales 222.7 193.3 42.4 0.0 235.7 13.0 5.8% COGS 168.1 152.3 24.4 0.3 177.0 8.9 5.3% Gross Profit 54.6 41.0 18.1 (0.3) 58.7 4.1 7.5% GP % to Sales 24.5% 21.2% 42.6% 24.9% SGA 46.0 31.7 15.1 1.6 48.4 2.5 5.4% SGA % to Sales 20.6% 16.4% 35.7% 20.5% Op Income 8.6 9.3 2.9 (1.9) 10.3 1.6 19.0% OI % to Sales 3.9% 4.8% 6.9% 4.4%

Sales by Segment – 1Q13 vs 4Q12 1Q13 4Q12 CD ELEC WIRING PST SRI CD ELEC WIRING PST SRI Pass Car / Light Truck 56.5 1.0 0.2 0.0 57.6 49.9 0.5 0.0 0.0 50.4 Med / HD Truck 5.6 42.7 41.5 0.8 90.7 6.1 39.7 40.8 0.0 86.6 Ag 4.6 0.0 33.9 0.0 38.6 3.7 0.5 31.9 0.0 36.1 PST / Other 5.1 0.8 1.3 41.6 48.8 4.4 0.7 0.0 44.5 49.6 TOTAL 71.9 44.5 76.8 42.4 235.7 64.1 41.4 72.7 44.5 222.7 Variance $ Variance % 1Q13 vs 4Q12 1Q13 vs 4Q12 CD ELEC WIRING PST SRI CD ELEC WIRING PST SRI Pass Car / Light Truck 6.6 0.5 0.2 0.0 7.3 13.2% 100.0% 0.0% 0.0% 14.5% Med / HD Truck (0.5) 3.0 0.7 0.8 4.0 (8.2)% 7.6% 1.7% 0.0% 4.6% Ag 0.9 (0.5) 2.0 0.0 2.4 24.3% (100.0)% 6.3% 0.0% 6.6% PST / Other 0.7 0.1 1.3 (2.9) (0.8) 15.9% 14.3% 0.0% (6.5)% (1.6)% TOTAL 7.7 3.1 4.2 (2.1) 12.9 12.0% 7.5% 5.8% (4.7)% 5.8%

4 Q12 vs 1Q13 EPS Bridge PST Impacts SRI Core TOTAL Volume (0.03) 0.11 0.08 Mix / Direct Material 0.00 (0.02) (0.02) Copper 0.00 0.02 0.02 FX 0.00 0.02 0.02 Other 0.00 0.03 0.03 Interest 0.00 0.00 0.00 SGA Drop / Cost Reduction 0.00 (0.07) (0.07) PST Cost Reduct / Purchase Acctg (0.01) 0.00 (0.01) TOTAL (0.04) 0.09 0.05 0.15 (0.01) (0.07) 0.00 0.03 0.02 0.02 (0.02) 0.08 0.10 1Q13 Actual EPS PST Cost Reduct / Purchase Acctg SGA Drop / Cost Reduction Interest Other FX Copper Mix / Direct Material Volume 4Q12 Actual EPS

Stoneridge Inc USD [millions] 2011 1Q12 2Q12 3Q12 4Q12 2012 1Q13 Actual Actual Actual Actual Actual Actual Actual Beginning Cash 72.0 78.7 42.9 39.2 35.6 78.7 44.6 Consolidated Net Income 45.5 5.7 (5.3) 0.6 2.7 3.7 4.3 Depreciation / Amortization 20.0 9.0 9.1 9.0 8.3 35.3 9.2 Working Capital (45.5) (6.8) 8.6 5.7 25.7 33.2 (15.4) Other (19.1) (2.0) (2.9) 9.4 (1.2) 3.3 1.3 Cash Flow from Operations 0.9 5.9 9.5 24.7 35.5 75.5 (0.6) Capital Expenditures (26.3) (6.8) (7.6) (5.9) (6.1) (26.4) (5.8) Free Cash Flow (25.4) (0.9) 1.9 18.8 29.4 49.1 (6.4) Ending Cash 78.7 42.9 39.2 35.6 44.6 44.6 46.7 Long Term Debt - Proceeds / (Repayment) 38.9 (16.2) (4.2) (23.3) (20.5) (64.2) 9.5 Cash Flow 17 * PST borrowed 25 mm BRL in March 2013 to pay down $10 mm USD denominated debt in April 2013 *

Debt / Net Debt (millions USD) 2011 1Q12 2Q12 3Q12 2012 1Q13 Total Debt $267.1 $253.2 $244.9 $222.3 $201.4 $211.2 Net Debt $188.4 $210.2 $205.8 $186.7 $156.8 $164.4 Total Debt / Adj.EBITDA 3.5 x 1 2.9 x 3.3 x 3.6 x ABL Balance $38.0 $31.0 $25.0 $11.0 $0.0 $0.0 Brazil Debt $54.1 $47.2 $43.8 $34.2 $24.4 $35.3 2 Adj. EBITDA = Operating Income + Depreciation + Amortization + Purchase Accounting Direct Material 1 Proforma for PST Debt and EBITDA 2 PST borrowed 25 mm BRL in March 2013 to pay down $10 mm USD denominated debt in April 2013

2013 Guidance Sales [millions] Operating Margin EPS Gross Margin Core $765 - $785 21.5% - 23.0% 4.5% – 5.5% PST (2013 F/X Rate 2.05) $174 – $184 44.0% - 47.0% 4.5% - 5.5% * SRI $939 - $974 25.5% - 27.0% 4.5% - 5.5% * $0.75 - $0.95 8.4% - 9.2% EBITDA ** * Includes Purchase Accounting Expenses of $6.0 million Reconciliation of Operating Margin to Adjusted EBITDA Margin: Operating Margin Depreciation Amortization EBITDA ** Margin 4.5% - 5.5% 3.3% - 3.1% 0.6% 8.4% - 9.2%

Cost Initiatives / Benefits millions 1Q12 2Q12 3Q12 4Q12 FY 2012 Costs NA Wiring 0.0 0.0 (0.7) (0.4) (1.1) NA / European Electronics 0.0 0.0 (0.3) 0.0 (0.3) PST (0.3) (1.3) 0.0 0.0 (1.6) TOTAL Costs (0.3) (1.3) (1.0) (0.4) (3.0) Benefits NA Wiring 0.0 0.0 0.7 1.1 1.8 NA / European Electronics 0.0 0.0 0.0 0.4 0.4 PST 0.0 0.0 2.2 2.2 4.4 TOTAL Benefits 0.0 0.0 2.9 3.7 6.6 NET (0.3) (1.3) 1.9 3.3 3.6 Estimated Net Benefits for 2013 $9.0 - $11. 0