BELFB

Bel Fuse Inc. Class B shares represent the second class of common stock for this global manufacturer of electronic components and connectivity solutions. While both Class A and Class B shares participate equally in the economic rights of the company (including dividends and liquidation proceeds), the share classes differ in voting rights. Class B shares typically carry higher voting power per share compared to Class A shares, a structure common in dual-class companies where founding families or insiders maintain voting control while allowing public investment. Bel Fuse manufactures a comprehensive range of products including magnetic components (transformers, inductors), power solutions (AC/DC and DC/DC converters, UPS systems), circuit protection devices, connectors, and cable assemblies. These products are essential components in telecommunications equipment, networking infrastructure, industrial systems, military and aerospace applications, and automotive electronics. The company serves customers globally through its Connectivity Solutions, Power Solutions and Protection, and Magnetic Solutions segments. With operations spanning North America, Europe, and Asia, Bel Fuse maintains global manufacturing capabilities and technical support. The company serves mission-critical applications in 5G wireless deployment, data center infrastructure, industrial IoT, defense systems, and automotive electrification. Bel Fuse differentiates through technical expertise, product breadth, quality certifications, and the ability to provide integrated solutions combining multiple product technologies. The dual-class structure allows the company to maintain long-term strategic focus while accessing public capital markets. Class B shares may have limited liquidity compared to Class A shares due to lower trading volumes, but both classes benefit equally from the company's financial performance and value creation.