Standard Motor Products, Inc.

2012 Annual Automotive Aftermarket Symposium

Delivering Global Automotive Solutions

Aftermarket Symposium October 29 – 30, 2012

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SMP Snapshot – History and Background

� Founded 1919

� 2011 Results: ► Sales $875mm

► Net Income $62mm

► EPS $1.57

� 2011 Sales Breakdown: ► Aftermarket 90%

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� 2011 Sales Breakdown: ► Aftermarket 90%

► OE/OES 10%

� Major Product Lines: ► Engine Management 70%

► Temperature Control 30%

Number One in Each

� Locations: U.S. 13

Mexico 4 Canada 2

Poland 1 Hong Kong 1

Recent Accomplishments

� Three Acquisitions in the Last 18 Months

► BLD (4/11)

► OEM/Forecast (10/11)

► CompressorWorks (4/12)

� Continued Shift of Production to Low Cost Countries

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� Continued Shift of Production to Low Cost Countries

� Significant Cash Flow and Debt Reduction

� Total Debt: December 2008 $194mm

September 2012 $60mm

� Debt:EBITDA Ratio Reduced from 6:1 at December 2008

to an estimate of less than 1:1 at year end 2012

September 2012 Results

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3rd Quarter September 2012 Income Statement (Non – GAAP)

3rd Qtr Sept 2012 3rd Qtr Sept 2011

Amount % of Sales Amount % of Sales

Net Sales 276.0$ 100.0% 236.2$ 100.0%

Gross Profit 77.8 28.2% 64.5 27.3%

SG&A Expenses 50.9 18.5% 41.7 17.6%

Operating Profit 26.9 9.7% 22.8 9.7%

Delivering Global Automotive Solutions

Other Income/(Loss) (0.1) 0.2

Interest Expense 0.7 0.8

Income Taxes 9.3 8.5

Earnings from Continuing Ops. 16.8$ 13.7$

Diluted Earnings Per Share:

Continuing Operations 0.73$ 0.59$

Diluted Shares (000's) 22,878 23,043

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September YTD Performance Measures

$575.3

$637.9

$700.5

$756.6

$300.0

$400.0

$500.0

$600.0

$700.0

$800.0

2009

2010

2011

2012

Consolidated Net Sales

23.8%

25.4%25.8%

26.7%

21.0%

22.0%

23.0%

24.0%

25.0%

26.0%

27.0%

2009

2010

2011

2012

Gross Margin

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$200.0 September YTD (Millions)

20.0%September YTD

$39.5

$51.9

$65.9

$70.8

$25.0

$35.0

$45.0

$55.0

$65.0

$75.0

September YTD (Millions)

2009

2010

2011

2012

EBITDA (w/o Special Items)

$0.70

$0.96

$1.39

$1.55

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

September YTD

2009

2010

2011

2012

Diluted EPS (w/o Special Items)

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September 2012 YTD Income Statement (Non – GAAP)

September 2012 YTD September 2011 YTD

Amount % of Sales Amount % of Sales

Net Sales 756.6$ 100.0% 700.5$ 100.0%

Gross Profit 201.7 26.7% 180.8 25.8%

SG&A Expenses 142.3 18.8% 126.0 18.0%

Operating Profit 59.4 7.9% 54.8 7.8%

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Other Income/(Loss) (0.6) 0.7

Interest Expense 2.3 3.2

Income Taxes 20.8 20.2

Earnings from Continuing Ops. 35.7$ 32.1$

Diluted Earnings Per Share:

Continuing Operations 1.55$ 1.39$

Diluted Shares (000's) 22,999 23,299

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Condensed Balance Sheet

Actual September YTD 2012, 2011 ($ in millions)

Dollars Ratios

2012 2011 2012 2011

Cash and Equivalents 10.9$ 14.9$

Accounts Receivable/DSO 161.4 137.5 54 53

Inventory/Turns 246.3 234.0 2.7 2.7

Other Assets 200.1 137.3

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Other Assets 200.1 137.3

Total Assets 618.7$ 523.7$

Current Liabilities 206.7$ 189.7$

Total Debt/Debt to Cap Ratio 60.5 42.1 16.6% 14.8%

Other Liabilities 48.1 48.9

Total Liabilities 315.3$ 280.7$

Equity/Debt to Equity Ratio 303.4 243.0 0.20 0.17

Total Liabilities and Equity 618.7$ 523.7$

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Condensed Statement of Cash Flows

(IN MILLIONS)

2012 2011

NET INCOME $35.4 $33.1DEPRECIATION & AMORTIZATION 12.1 10.4ACCOUNTS RECEIVABLE (48.1) (30.6)INVENTORY 24.5 11.0ACCOUNTS PAYABLE 5.0 8.5OTHER OPERATING ACTIVITIES 34.0 24.9

NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 62.9 57.3

SEPTEMBER YTD

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NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 62.9 57.3

CAPITAL EXPENDITURES (8.0) (6.6)

ACQUISITIONS (38.6) (27.0)OTHER INVESTING ACTIVITIES 0.0 2.6

NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (46.6) (31.0)

NET BORROWINGS (PAYMENTS) (12.8) (23.5)

DIVIDENDS (6.2) (4.8)REPURCHASE OF COMMON STOCK (5.0) (3.3) OTHER FINANCING ACTIVITIES 7.7 8.1

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (16.3) (23.5)

NET CHANGE IN CASH -$ 2.8$

FREE CASH FLOW 48.7 45.9

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($ in thousands, except per share amounts)

EARNINGS FROM CONTINUING OPERATIONS 2012 2011 2012 2011

GAAP EARNINGS FROM CONTINUING OPERATIONS 17,444$ 14,100$ 36,659$ 34,804$

RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX) 385 165 467 446

POSTRETIREMENT CURTAILMENT GAIN (NET OF TAX) - - - (2,188)

REVERSAL OF LT TAX LIABILITY - (454) - (454)

CERTAIN TAX CREDITS AND PRODUCTION DEDUCTIONS FINALIZED IN PERIOD (774) - (774) -

GAIN FROM SALE OF BUILDINGS (NET OF TAX) (301) (157) (615) (472)

THREE MONTHS ENDED

SEPTEMBER 30,

(Unaudited)

NINE MONTHS ENDED

SEPTEMBER 30,

(Unaudited)

Reconciliation of GAAP andNon-GAAP Measures

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NON-GAAP EARNINGS FROM CONTINUING OPERATIONS 16,754$ 13,654$ 35,737$ 32,136$

DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS

GAAP DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS 0.76$ 0.61$ 1.59$ 1.51$

RESTRUCTURING AND INTEGRATION EXPENSES (NET OF TAX) 0.01 - 0.02 0.02

POSTRETIREMENT CURTAILMENT GAIN (NET OF TAX) - - - (0.10)

REVERSAL OF LT TAX LIABILITY - (0.02) - (0.02)

CERTAIN TAX CREDITS AND PRODUCTION DEDUCTIONS FINALIZED IN PERIOD (0.03) - (0.03) -

GAIN FROM SALE OF BUILDINGS (NET OF TAX) (0.01) - (0.03) (0.02)

NON-GAAP DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS 0.73$ 0.59$ 1.55$ 1.39$

M ANAGEM ENT BELIEVES THAT EARNINGS FROM CONTINUING OPERATIONS AND DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE SPECIAL

ITEM S, WHICH ARE NON-GAAP M EASUREM ENTS, ARE M EANINGFUL TO INVESTORS BECAUSE THEY PROVIDE A VIEW OF THE COM PANY WITH RESPECT TO ONGOING

OPERATING RESULTS. SPECIAL ITEM S REPRESENT SIGNIFICANT CHARGES OR CREDITS THAT ARE IM PORTANT TO AN UNDERSTANDING OF THE COM PANY'S OVERALL

OPERATING RESULTS IN THE PERIODS PRESENTED. SUCH NON-GAAP M EASUREM ENTS ARE NOT RECOGNIZED IN ACCORDANCE WITH GENERALLY ACCEPTED

ACCOUNTING PRINCIPLES AND SHOULD NOT BE VIEWED AS AN ALTERNATIVE TO GAAP M EASURES OF PERFORM ANCE.

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