Analyst Coverage

Needham & Company
Sean K.F. Hannan
Equity Research
212-457-0906
shannan@needhamco.com

Stephens Inc.
Richard Sewell
901.681.1345
richard.sewell@stephens.com

The above listing is provided as a service to the investors and does not imply Bel Fuse Inc.’s endorsement or agreement with any information, recommendations or conclusions provided by these investment analysts. Any opinions, estimates, forecasts or recommendations regarding Bel’s performance made by these analysts are theirs alone, and do not represent the opinions, forecasts or predictions of Bel or its management.