For an Unprecedented Eighth Time, Bourns Earns 2022 TTI Global Operations Excellence Award Recognizing Highest Overall Worldwide Performance

Bourns Americas Honored with TTI Platinum Level Supplier Excellence Award, Bourns EMEA and Asia Also Receive TTI Supplier Excellence Award at the Diamond Level

RIVERSIDE, Calif., May 4, 2023 - Bourns, Inc., a leading manufacturer and supplier of electronic components today announced that the company has received the prestigious 2022 TTI Global Operations Excellence Award, which represents the highest recognition possible for a supplier's global performance with TTI, Inc. This is the eighth time in twelve years Bourns has won TTI's Global Operations Excellence Award.

In addition, Bourns' Americas region has received TTI's Platinum Level Supplier Excellence Award. TTI Platinum achievement level requires five consecutive years of award recognition, and continuous recognition each year to maintain Platinum status. Bourns EMEA and Asia operations were also honored with TTI Diamond Level Awards for the highest overall point achievement in their regions. Furthermore, Bourns Asia is a recipient of the TTI QA Award.

TTI initiated the Global Operations Excellence Award to recognize outstanding supplier performance by measuring multiple key support criteria. How suppliers execute against these benchmarks is tallied in each of TTI's three operating regions to acknowledge the suppliers who score the highest points globally.

"In achieving the TTI Supplier Excellence Award, Bourns employees not only demonstrate their continued dedication to provide outstanding support for TTI, but also management's commitment and overall operating philosophy for excellence by allocating resources and allowing employees the opportunity to do the right thing in order to ensure customer satisfaction," said Melanie Pizzey, TTI Corporate Senior Vice President, Commercial Business Operations.

"I want to congratulate our Bourns team for winning this coveted award based on TTI's very stringent standards. It honors and acknowledges Bourns' enduring core values of delivering the highest quality products, on-time delivery, and world-class customer support," said James Harrington, Senior Vice President Worldwide Sales at Bourns, Inc. "We are grateful, too, for our more than 40-year partnership with TTI. Together, we have assisted our mutual customers in selecting the right technology solutions that will allow them to take their designs to the next level while meeting dynamic application requirements and time-to-market goals. We look forward to many more years of successful collaboration with TTI and continuing to meet or exceed their gauge for global performance excellence."

About TTI

TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of electronic components. Founded in 1971, the emphasis on a broad and deep product portfolio, available-to-sell inventory and sophisticated supply chain programs has established TTI as a distributor of choice to manufacturers in the industrial, defense, aerospace, transportation, medical and communications sectors worldwide. TTI and its wholly owned subsidiaries, the TTI Family of Specialists, Mouser Electronics, Sager Electronics and the Exponential Technology Group employ over 8,000 people in more than 136 locations throughout the Americas, Europe, Asia and Africa. Globally, the TTI Family of Specialists maintain over 3 million square feet of dedicated warehouse space in 30 distribution centers. For more information about TTI, visit www.tti.com.

About Bourns

Bourns, Inc. is a leading manufacturer and supplier of position and speed sensors, circuit protection solutions, magnetic components, microelectronic modules, panel controls and resistive products. Headquartered in Riverside, California, USA, Bourns serves a broad range of markets, including automotive, industrial, consumer, communications, medical (low/medium risk)*, audio and various other market segments. Additional company and product information is available at www.bourns.com.

Bourns® and the Bourns logo are registered trademarks of Bourns, Inc. and may be used only with the permission of Bourns and proper acknowledgement. Other listed names and brands are trademarks or registered trademarks of their respective owners.

*Bourns® products have not been designed for and are not intended for use in "lifesaving," "life-critical" or "life-sustaining" applications nor any other applications where failure or malfunction of the Bourns® product may result in personal injury or death. See Legal Disclaimer Notice www.bourns.com/docs/legal/disclaimer.pdf