Belden Announces Appointment of Ashish Chand as President and CEO - Seite 2

Earnings per Share (EPS)

All references to EPS within this release refer to income from continuing operations per diluted share attributable to Belden stockholders.

BELDEN INC.

RECONCILIATION OF NON-GAAP MEASURES

2023 Guidance

		Year Ended		Three Months Ended
		December 31, 2023		April 2, 2023
		(In thousands)
GAAP income from continuing operations per diluted share attributable to Belden common stockholders		$5.73 - $6.13		$1.29 - $1.39
Amortization of intangible assets		0.69		0.18
Severance, restructuring, and acquisition integration costs		0.16		0.02
Adjustments related to acquisitions and divestitures		0.02		0.01
Adjusted income from continuing operations per diluted share attributable to Belden common stockholders		$6.60 - $7.00		$1.50 - $1.60

Our guidance is based upon information currently available regarding events and conditions that will impact our future operating results. In particular, our results are subject to the factors listed under "Forward-Looking Statements" in this release. In addition, our actual results are likely to be impacted by other additional events for which information is not available, such as asset impairments, adjustments related to acquisitions and divestitures, severance, restructuring, and acquisition integration costs, gains (losses) recognized on the disposal of assets, gains (losses) on debt extinguishment, discontinued operations, and other gains (losses) related to events or conditions that are not yet known. Such information is not available for our 2025 fiscal year, and therefore we are unable to estimate 2025 GAAP income from continuing operations per diluted share attributable to Belden common stockholders.