Bel Fuse recasts historical segment data after realignment to two segments

BEL FUSE INC /NJ

Effective Q1 2026, segments changed to Aerospace, Defense & Rugged Solutions and Industrial Technology & Data Solutions.
Recast audited segment data for FY 2023, 2024, and 2025 filed via 8-K; no impact on consolidated results.
Previous Power & Protection, Connectivity, and Magnetic segments are eliminated.
Exhibit 99.1 provides recast MD&A, risk factors, and financial statement notes for the three fiscal years.

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