Dear Fellow Shareholders In our Fiscal 2012, we continued to rebuild Methode’s  revenue stream by providing highly engineered solutions  that allow our customers to differentiate their products and  enhance their competitive advantage. Our goal is to provide  solutions that deliver genuine value for our customers and  enhanced margins for Methode. Consolidated sales grew 8.8 percent in Fiscal 2012 over Fiscal 2011, with 20 percent higher sales in our Automotive segment. We also met our financial guidance for Fiscal 2012, with sales of $465 million and earnings per share of $0.22.  Additionally in Fiscal 2012, we continued to design, develop and engineer  the General Motors center console program, which when launched in the  fourth quarter of Fiscal 2013, is expected to generate over $100 million in  revenue per year over the life of the program. Methode won this business in  part because of our innovative work with Ford on the center consoles for their  MyFord Touch platforms. Our technology and solutions in  several markets allowed us to provide a complete solution  for General Motors. Moreover, in the latter part of Fiscal 2012, TouchSensor was  focused on the development of a touch user interface for  a large appliance OEM laundry platform, which launches  in the second quarter of Fiscal 2013. The interface will be  used on multiple major brands and is expected to represent  $30 to $40 million in annual revenue at full run rate in Fiscal  2014. This award is TouchSensor’s first major volume win in  the laundry space and demonstrates that touch technology  continues to grow in popularity in the appliance segment.  Methode is poised for growth in revenue and profitability.  The new business awards we receive each year continue to  rebuild Methode’s revenue stream. Over the past four years,  Methode has diversified its products and created a strong  foundation to build revenues and earnings.  METHODE ELECTRONICS, INC. ANNUAL REPORT 2012 1 Rebuilding Methode’ s Revenue Stream (Dollars in Millions) 0 100 200 300 400 500 600 700 $800 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 $373 $428 $465 $510 $630 $709 Approximate  16% CAGR 0 0 0 0 $5 A 1 Methode’s Historical  High Sales of $555 in Fiscal 2008 Sales projections as of November 2011. Projections are appr oximate and may vary  15% to 20% based on economic conditions,  customer demands, and other factors. Based on J.D. Powers and Associates automotive  volume data and other sources. Projection for FY 13 repr esents the midpoint  of guidance range. 