FORGING AHEAD IN A GLOBAL ENVIRONMENT CONTENTS STRATTEC SECURITY CORPORATION When STRATTEC produced its  first ignition lock back in 1915, the idea of a truly international marketplace for automotive technology would have seemed far-fetched. But the Company  kept pace with the development of  the American automobile industry through decades of growth; as technology advanced, STRATTEC was in the vanguard. And as markets expanded and diversified, STRATTEC evolved with the industry. Today, the Company is positioned for global growth with new technologies, new partnerships, new markets ... these are the elements from which our success is forged. STRATTEC SECURITY CORPORATION designs, develops, manufactures and markets mechanical locks, electro-mechanical locks, latches and related access control products for global automotive manufacturers. Our products are shipped to customer locations in the United States, Canada, Mexico, Europe and South America, and we provide full service and aftermarket support. We also supply products for the heavy truck, recreational vehicle, marine and industrial markets, as well as precision die castings for the transportation, security and recreational products industries. Financial Highlights....................................... 1 Letter to Shareholders .................................... 2 Company Description ..................................... 4 STRATTEC Equipped Vehicle List.............................. 9 Management’s Discussion and Analysis ........................ 10 Financial Statements ..................................... 13 Report of Independent Public Accountants ...................... 22 Report of Management ................................... 22 Financial Summary ...................................... 23 Directors/Officers/Shareholders Information ..................... 24