Co-movers

daily closes · 500dMethod

Moved together

KNwithTRNS

×0.44co-movement · TRNS on KN · 500d

r 0.35scale to r 0.75

Shared co-movers1with KNwith TRNS

NPOEnpro Inc.r 0.70r 0.38

KN, solidTRNS, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

KNKnowles Corp

32.88+0.04%· post 32.88

Mkt cap$2.8BRevenue$184MQ3 FY26Revenue$593MFY25

TRNSTranscat Inc

88.02+1.98%· post 88.02

ClosedNov 2 '26

Mkt cap$822.9MRevenue$93MQ1 FY27Revenue$332MFY26

vs

Compare

ClosedNov 2 '26

KNKnowles Corp

vs

TRNSTranscat Inc

32.88+0.04%post 32.88

Price

88.02+1.98%post 88.02

$2.8B

Mkt cap

$822.9M

Q3 FY26$184M

Revenue

$93MQ1 FY27

FY25$593M

Revenue

$332MFY26

KN compared with TRNS: revenue, margins and what each company keeps, and the suppliers and customers both name