ࡱ> [\]^_` l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~<#܈ ~~3#܈ ~~7#܈ ~~4#܈ ~~83ffff̙̙3f3fff3f3f33333f33GENTEX CORPORATION None (Index@Automotive Products&QItem 5 Market for the Registran!bItem 5 Market for the (1)!xItem 5 Market for the (2)!EItem 5 Market for the (3)!w17 18Results of Operations&Liquidity and Capital Resources&:23Contractual Obligations and O&JIndex to Consolidated Financial!Index to Consolidated (1)& Executive Officers of the RegisSummary Compensation<'2017 Earned Bonuses82017 Earned Bon (1)G Balance SheetlIncome StatementEIncome Statemen (1)&FOR THE YEARS ENDED DECEMBER 31 Cash Flows&8Allowance For Doubtful Accounts* Investments&NOTES TO CONSOLIDATED FINANCIAL!F;NOTES TO CONSOLIDATED (1)!|QNOTES TO CONSOLIDATED (2)!hNOTES TO CONSOLIDATED (3)!uNOTES TO CONSOLIDATED (4)!)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per Share!oNOTES TO CONSOLIDATED (6)!NOTES TO CONSOLIDATED (7)!NOTES TO CONSOLIDATED (8)!CNOTES TO CONSOLIDATED (9)"NOTES TO CONSOLIDATED (10)"NOTES TO CONSOLIDATED (11)!Employee Stock Option Plan"!NOTES TO CONSOLIDATED (12)"4NOTES TO CONSOLIDATED (13)"kGNOTES TO CONSOLIDATED (14)"SZNOTES TO CONSOLIDATED (15)&pNonemployee Director Stock Opti ȀNonemployee Director (1)"NOTES TO CONSOLIDATED (16)"NOTES TO CONSOLIDATED (17)"cNOTES TO CONSOLIDATED (18)"NOTES TO CONSOLIDATED (19)"NOTES TO CONSOLIDATED (20)"RNOTES TO CONSOLIDATED (21)"O NOTES TO CONSOLIDATED (22)"g#NOTES TO CONSOLIDATED (23)">NOTES TO CONSOLIDATED (24)"zUNOTES TO CONSOLIDATED (25)"bNOTES TO CONSOLIDATED (26)"rNOTES TO CONSOLIDATED (27)66EXHIBIT INDEX l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9NoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } $4} $ }        GENTEX CORP 10-K 02/21/2018GENTEX CORPORATION    Michigan   38-2030505& State or other jurisdiction of  (I.R.S. Employer% incorporation or organization  Identification No.)   3+600 N. Centennial Street, Zeeland, Michigan~ 0((Address of principal executive offices) (Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.uiEiE^=PF0*8X> @ l  T(  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } U} $} 6} } $       GENTEX CORP 10-K 02/21/2018 None      Large accelerated filer ?  Accelerated filer  Non-accelerated filer 5 -(Do not check if a smaller reporting company)! Smaller reporting company     Emerging growth company  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(%Tw;?=PF0*8X> @ l  7P9<@  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } y } :}  7      GENTEX CORP 10-K 02/21/2018 Index    Part I Page Item 1. Business~   Item 1A.  Risk Factors~  Item 1B.! Unresolved Staff Comments~ 6Item 2. Properties~ 6Item 3.Legal Proceedings~ :Item 4.Mine Safety Disclosures~ :Part IIItem 5.2*Market for the Registrant?s Common Equity,~ >.&Related Stockholder Matters and Issuer&Purchases of Equity SecuritiesItem 6.Selected Financial Data~ JItem 7.,$Management?s Discussion and Analysis~ N80of Financial Condition and Results of OperationsItem 7A.0(Quantitative and Qualitative Disclosures~ jAbout Market RiskItem 8..&Financial Statements and Supplementary~ n DataItem 9.5-Changes in and Disagreements with Accountants~ n.&on Accounting and Financial DisclosureItem 9A.Controls and Procedures~ nDulvR0zC~'oW !"#$%&'()*+,-./0123456 Item 9B. Other Information~ r!!!"Part III""#Item 10.3#+Directors, Executive Officers and Corporate~ #v$$ Governance%Item 11.%Executive Compensation~ %~&Item 12.0&(Security Ownership of Certain Beneficial~ &'5'-Owners and Management and Related Stockholder((Matters)Item 13.7)/Certain Relationships and Related Transactions,~ )*!*and Director Independence+Item 14.-+%Principal Accounting Fee and Services~ +,,,-Part IV--.Item 15./.'Exhibits, Financial Statement Schedules~ ./Item 16./Form 10-K Summary~ /00 Signatures~ 011 Exhibit Index~ 123$4____________________________15)Created by Morningstar Document Research.06(http://documentresearch.morningstar.com/2q\js4=PF0*8X> @*665544  l  /Q  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndex!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $} $} $ } $} $} $ } $} $} $ } $} $                         GENTEX CORP 10-K 02/21/2018Automotive Products             ~  ~  ~ ~ ~ ^ Domestic~ N % ~ ^ % ~ Z % ~  % Transplants (1)~ 2 % ~ 6 % ~ > % ~ 2 %  North America~ ~ % ~  % ~  % ~  %Europe~  %~  %~  % ~    % Asia-Pacific~ ^ %~ R %~ J % ~  B  % Total~  %~  %~  % ~    %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0thp!x.uM=PF0*8X> @:      l  a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive ProductsItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $ } }  $                         GENTEX CORP 10-K 02/21/2018kcItem 5. Market for the Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases              Common Stock Price Range $ Dividends Declared Per Share Quarter~  ~  ~  ~   First Quarter $19.76 - 22.12  $12.93 - 15.90   ףp= ?   (\µ?  Second Quarter $18.06 - 21.49  $14.69 - 16.60  ?    ףp= ?  Third Quarter$16.59 - 19.98$14.66 - 18.30?  ףp= ? Fourth Quarter$18.51 - 21.16$16.06 - 20.39?  ףp= ?  Year$16.59 - 22.12$12.93 - 20.39(\? Q? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0H<0$$Z[OC=PF0*8X> @           l  w  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } }  } $ }  } $ } y} $                                  GENTEX CORP 10-K 02/21/2018kcItem 5. Market for the Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases          , $Issuer Purchase of Equity Securities Period(  Total Number of Shares Purchased$ Average Price Paid Per Share0 (Total Number of Shares Purchased As Part0 (Maximum Number of Shares That May Yet Be      % of a Publicly Announced Plan*! Purchased Under the Plan*  January 2017~ fr(  p= #5@ ~ fr( ~ Is  February 2017~  Gzn4@~  ~ N?Z  March 2017~ qQx5@~ q~ A  April 2017~ V"Q+4@~ V"~ 2I May 2017~ 6E3@~ 6E~   June 2017~ F2@~ F~   July 2017~ JWK\(\1@~ JWK~ rJq  August 2017~ a33333s1@~ a~  September 2017~ = ףp=2@~ ~ R   October 2017~ #fffff&3@~ #~ Nh  November 2017~ 6}@3@~ 6}~ &  December 2017~ Z4@~ Z~ –U  Total~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/B XH<0$p }tk}qI=PF0*8X> @           l  -ʐ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a} y} $ -      GENTEX CORP 10-K 02/21/2018kcItem 5. Market for the Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases         Quarter Ended Total Number of  Cost of Shares  Shares Purchased   Purchased   (Post-Split) March 31, 2003~ Qe  ~ jjq September 30, 2005~ ڟ~ March 31, 2006~ :V~ z=  June 30, 2006~  o~ September 30, 2006~ Ze~ ZjB December 31, 2006~ ~ kMarch 31, 2007~ 6~ >DMarch 31, 2008~  ~ A June 30, 2008~ B~ VSeptember 30, 2008~ 3~  sv December 31, 2008~ *n~ DSeptember 30, 2012~ ~  September 30, 2014~ j*~ VYbDecember 31, 2014~ :B~ ^March 31, 2015~ U~  June 30, 2015~ 6 W~  lSeptember 30, 2015~ /}~ December 31, 2015~ k~ March 31, 2016~ V~ K DR lH<0$j!E4}#lSC !"#$%&'()*+,  June 30, 2016~    ~ ҷ^  !September 30, 2016~ !bp!!~ !C!"December 31, 2016~ ";""~ "h "#March 31, 2017~ #Y##~ #JBc#$ June 30, 2017~ $+$$~ $L& $%September 30, 2017~ %j%%~ %~j %&December 31, 2017~ &t6&&~ &<5& 'Total~ 'M'''bTA'()$*____________________________1+)Created by Morningstar Document Research.0,(http://documentresearch.morningstar.com/I9~)=PF0*8X> @#,,++**''&&%%$$##""!!        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 0.} $ } $} $ } $}  $ } $} $ } $} $ } $       GENTEX CORP 10-K 02/21/2018kcItem 5. Market for the Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases                    - %(in thousands, except per share data) ~  ~  ~ ~ ~ z ~ v  Net Sales~ m  ~ 6yf ~  7^ ~ 6S ~ bG  Net Income~ "  ~ 7  ~ p  ~ v  ~ J  *"Earnings Per Share (Fully Diluted)(\? ףp= ? HzG?   \(\?p= ף?Gross Profit MarginYC@ %fffffC@ % ̌C@  %  C@ %ffffffB@ %'Cash Dividends per Common Share(\?Q? q= ףp?   ףp= ?Q? Total Assets~ ڎ~ ~  %  ~  2r{~ k.&Long-Term Debt Outstanding at Year End $?~ 6 ~  f   ~  6~ f6$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4 H<0$(u"8G}Y=PF0*8X> @b,                        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 0}  } $} $ }  } $} $ }  } $} $ } U} $} $ } U} $       GENTEX CORP 10-K 02/21/2018"17 18Results of Operations                 Percentage of Net Sales  Percentage Change       ~  ~   Year Ended December 31,  Vs  Vs ~  ~  ~ ~ ~  ~ ~ Net Sales~  %~  %~  %  @  %  !@ %Cost of Goods SoldfffffN@N@33333sN@  !@   @ Gross ProfitYC@fffffC@̌C@  333333@   ffffff%@Operating Expenses:    -%Engineering, Research and Developmentffffff@ffffff@@  333333@   ffffff@+#Selling, General and Administrative~  @ @  ,@   $@!Total Operating Expenses:#@"@"@  ffffff"@   333333 @Operating Income333333=@>@33333=@  ffffff@   '@Other Income/(Expense)?333333?  fffffn    _0(Income Before Provision for Income Taxes=@ffffff>@~ z  @   333333$@"Provision for Income Taxes~ ffffff#@"@  L7   (@ Net Income333336@ %333334@ %4@ % ~  F  %  333333"@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXymaUv <^6@X{oc;=PF0*8X> @z          l  S  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } }  $                      GENTEX CORP 10-K 02/21/2018'Liquidity and Capital Resources           ~ ~ ~ ~ Working Capital ( A  A  kA  Long Term Investments~ J  ~ nO  ~   Total qxA  4qA  AA $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hth\9_SG=PF0*8X> @z               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } !}  } $ }  } $ } U} $                           GENTEX CORP 10-K 02/21/20187/23Contractual Obligations and Other Commitments           Total  Less than 1 Year   1-3 Years Short-term debt~ :  ~ :   ?  Long-term debt ?   ?   ? # Interest on short-term debt ?   ?   ? "Stock Repurchase Agreement\@\@ ?Operating leases~  ~ ~ Purchase obligationsIa@Ia@ ?Dividends payable~ r~ r ? Totalfffffv@fffffv@~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4C|pdXLz}VGF:.=PF0*8X> @2    l  $h  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and OIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } $4}  $      GENTEX CORP 10-K 02/21/20182*Index to Consolidated Financial Statements   Document Page/ 'Report of Independent Registered Public~  Accounting Firm/ 'Report of Independent Registered Public~ 0(Accounting Firm on Internal Control overFinancial Reporting2*Consolidated Balance Sheets as of December~ 31, 2017 and 2016-%Consolidated Statements of Income for~ /'the years ended December 31, 2017, 2016and 2015/'Consolidated Statement of Comprehensive~ /'Income for the years ended December 31,2017, 2016 and 2015/'Consolidated Statement of Shareholders?~ /'Investment for the years ended December31, 2017, 2016 and 2015-%Consolidated Statements of Cash Flows~ 3+for the years ended December 31, 2017, 2016and 20152*Notes to Consolidated Financial Statements~ DFlui]Q9xD%R>j7 !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated Financial!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $                            GENTEX CORP 10-K 02/21/20182*Index to Consolidated Financial Statements                                ' Quarterly Results of Operations- %(in thousands, except per share data)  First  Second  Third  Fourth ~  ~  ~  ~  ~  ~  ~  ~  Net Sales~ ~~ ~     ~  ~ ~ .9~  ~ & Gross Profit~  ~  ~  4   ~  - ~ zs ~  ~   ~ >S Operating Income~ n4~ F`~    ~  ~ ~ 1~ -~  Net Income~ V~ b~  bg  ~  VG~ ځ~ ~ ~ j Basic Earnings per share(\?Q? ףp= ?   333333?{Gz?{Gz?q= ףp?ףp= ?"Diluted Earnings per shareQ?Q? ףp= ?   333333?ףp= ?{Gz?q= ףp?ףp= ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6/ui]Qu/z@nbV.=PF0*8X> @ A                          l  m  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)Summary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $ } } $ } U5} $ } !       GENTEX CORP 10-K 02/21/2018,$Executive Officers of the Registrant        NAME  AGE  POSITION # CURRENT POSITION HELD SINCE  Steve Downing ~  - %President and Chief Executive Officer   January 2018  Kevin Nash ~  0 (Vice President, Finance, Chief Financial   February 2018     Officer and Treasurer Scott Ryan~ /'Assistant General Counsel and Corporate June 2015 Secretary Neil Boehm~ 4,Chief Technology Officer and Vice President, February 2018 EngineeringMatthew Chiodo~ Vice President, Sales January 2017$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{ocW\ {6V=PF0*8X> @ l  &  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the Regis2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a}  } }        GENTEX CORP 10-K 02/21/2018Summary Compensation      Performance Metric  Weighting  Threshold Target  Actual Result  Factor EBITDA 1/3 8$A uA A  Diluted EPS 1/3 Q? )\(? $1.41 per shareQuality 1/3 * *In excess of Target$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|sg+CwkC=PF0*8X> @ l  6  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 2}  $                           GENTEX CORP 10-K 02/21/20182017 Earned Bonuses           Executive Officer' Additional Profit-Sharing Bonus Performance Bonus*! Personal Goal Achievement(  Steve Downing, President and CEO~ nJ ~ b ~   2 *Kevin Nash, VP, Finance, CFO and Treasurer~ nF ~ ~ ~ z - %Scott Ryan, Assistant General Counsel~ f ~  ~ v and Corporate Secretary+#Neil Boehm, VP, Engineering and CTO~  \~ ~  Matt Chiodo, VP, Sales~ c~ ~ . Fred Bauer, Former CEO~ ~ b  $? 'Joseph Matthews, VP, Purchasing~ "~ &F~ :_ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4thegHh=PF0*8X> @                l  F  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 0} a/} $ }  } $ }  } $                        GENTEX CORP 10-K 02/21/20182017 Earned Bonuses          Executive Officer Position  Base Salary Stock Option Grant Restricted Share Award  Steve Downing President and CEO~ B' ~ "* ~ "'   Kevin Nash& VP, Finance, CFO and Treasurer~  ~  ~ }   Neil Boehm VP, Engineering and CTO~ "S ~  ~ }  Matt Chiodo VP, Sales~ ~ ~ } Scott Ryan/'Assistant General Counsel and Secretary~ 9~ ~ }$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.thtba=PF0*8X> @Z        l  EZhi  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1)Income StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 6} $ E      GENTEX CORP 10-K 02/21/2018 Balance Sheet         ~  ~  ASSETS    CURRENT ASSETS:   ! Cash and cash equivalents A    JIA Short-term investments~ /^$~ 64* Accounts receivable, net~ 7~ r2Inventories, net~ >R3~ 6"-"Prepaid expenses and other~ $o~ JTotal current assetsA@5APLANT AND EQUIPMENT:( Land, buildings and improvements~ ѸK~ BFMachinery and equipment?A1?  TOTAL ASSETS /A    @5A 0!(LIABILITIES AND SHAREHOLDERS? INVESTMENT!!!"CURRENT LIABILITIES:"""#Accounts payable~ #n##~ ##$Accrued liabilities:$$$$%Salaries, wages and vacation~ %Ii%%~ %^~%& Income Taxes~ &:&&~ &"&' Royalties~ '~''~ 'L'(Dividends payable~ (((~ (,())!Current portion of long term debt~ )))~ )) *Other~ *&b**~ **!+Total current liabilities~ +~:++~ +#+,LONG TERM DEBT ,?,,~ ,"w*,-DEFERRED INCOME TAXES~ -G --~ -2y-..../TOTAL LIABILITIES~ /O!H//~ />,_/0000!1SHAREHOLDERS? INVESTMENT:11102(Preferred stock, no par value, 5,000,000 2?22 2?253-shares authorized; none issued or outstanding/4'Common stock, par value $.06 per share;~ 4k44~ 4425*400,000,000 shares authorized; 280,281,32156-and 287,737,516 shares issued and outstanding&7in 2017 and 2016 respectively."8Additional paid-in capital8A888_H^A89Retained earnings9ùfA999@^ A9/:'Accumulated other comprehensive income::::&;Unrealized gain on investments~ ;.q;;~ ;9;-<%Unrealized gain (loss) on derivatives~ <<<<~ <~<)=!Cumulative translation adjustment~ =^'==~ =AQ=&>Total shareholders? investment>@JA>>>wA>5?-TOTAL LIABILITES AND SHAREHOLDERS' INVESTMENT?/A??? @5A?D lHdO4vXdX.S@ABCD@A$B____________________________1C)Created by Morningstar Document Research.0D(http://documentresearch.morningstar.com/ P=PF0*8X> @QDDCCBB????>>>>====<<<<;;;;9999888844442222////----,,,,++++****))))((((''''&&&&%%%%####       l  -2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 0}  $ -                                  GENTEX CORP 10-K 02/21/2018Income Statement             ~  ~  ~ ~  NET SALES @A   A   *oA        COST OF GOODS SOLD zeA    KA   ;lA   Gross profitԲAA rA  OPERATING EXPENSES: -%Engineering, research and development~ ~ Bw~  ^ +#Selling, general and administrative~ R~ ~  ڛ   Total operating expenses~ a(~ \%~  6"  Income from operations~ BB|~ ^Oz~  `m   OTHER INCOME: Investment income~ NQ@~ .$~  n0  Other, net~ ~ ک~  z $Total other income (expense)~ B ~ ط~  ~&  0(Income before provision for income taxes~ K~~ (y~  `n  "PROVISION FOR INCOME TAXES~ ~ f&~  " D- lwk.\"3 ' ! 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" #  $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @## "" !!            l  22  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1) Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } U5} } $ 2      GENTEX CORP 10-K 02/21/2018<4FOR THE YEARS ENDED DECEMBER 31, 2017, 2016 and 2015                         Common  Common   Additional  Retained   Accumulated  Total  Stock  Stock  Paid-In  Earnings  Other   Shareholders?  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Greater than one year~ 8   ~    Total~ 8  ~ U  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hui]Q4{oc;=PF0*8X> @Z          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } $} $       GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS     Due within one year~ :$ & Due between one and five years~ >5  Due over five years ?  ~ :% $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hui]Q!lF:.=PF0*8X> @:     l  6  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5)Earnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $       GENTEX CORP 10-K 02/21/2018 Inventories         ~  ~   Raw materials~ 4! 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Financial Liabilities: 3+Interest Rate Swap Liability (Other Accrued~ ~ lp~    Liabilities)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2ui]QhS=PF0*8X> @z       l  d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 0.}  $                           GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS             ~  ~  ~ ~ Currently payable:      Federal~ ѿ  ~ Fat   ~ 6  State~ *  ~ "=  ~ } Foreign~ ~  ~    Total~ G!~ }!~  6  .&Deferred income tax (benefit) expense: Primarily federal~ ƅ~ J]~  z "Provision for income taxes~ ~ f&~  " $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4ui]Qs)9H|=PF0*8X> @             l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 6}  } $} $ }  } $} $ }  } $                              GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS          ~  ~  ~ ~) !Statutory federal income tax rate~  % ~  % ~  %1 )State income taxes, net of federal income ?   ?   ?   tax benefit%Domestic production exclusionffffffffffffResearch tax credit5-Increase (Reduction) in Reserve for Uncertain?ɿ333333Tax Provisions,$Change in Tax Rate on Deferred Taxes ? ?Foreign Tax Credit ? ? 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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } =}  $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS             ~  ~  ~ ~ Beginning of year~   ~ bH  ~  0 (Additions based on tax positions related~ "o9  ~ $.  ~ "k  to the current year2*Additions for tax positions in prior years~ ~ b~   3+Reductions for tax positions in prior years~ '~ L~  ~ 1)Reductions as a result of completed audit ? ?~    examinations;3Reductions as a result of a lapse of the applicable~ t~ ~   statute of limitations End of year~ ~ ~  bH $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8ui]QsV7eM =PF0*8X> @              l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)NOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a/} $ } $} $ } $}  $ } $                        GENTEX CORP 10-K 02/21/2018"Employee Stock Option Plan             ~  ~  ~ ~ Dividend yield (1) @ %  @ %  @ % Expected volatility (2) 33333:@ %  @@ %  fffffA@ %# Risk-free interest rate (3)~   %  ffffff? %  ? %/'Expected term of options (in years) (4)@@ 333333@ .&Weighted-average grant-date fair value~ ~ ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.ymaXwkC=PF0*8X> @             l  ^3  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '}  } $ } m} $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              ~   Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ ~ >  Granted~ >~ R   Exercised~ ~ 6 ~    Forfeited~ Z~ B  "Outstanding at End of Year~ ~ B2.7 Yrs ~  j "Exercisable at End of Year~ R~ > 2 Yrs ~  b $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QbJ=PF0*8X> @            l  FF  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '}  } $ } m} $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              ~   Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ r~ :  Granted~ n2~ F   Exercised~ ~ 2 ~    Forfeited~ "~ >  "Outstanding at End of Year~ ~ > 3 Yrs ~  " "Exercisable at End of Year~ K~ :2.3 Yrs ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QbJ=PF0*8X> @            l  .Y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '}  } $ } m} $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              ~ ~  Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ ~ 6  Granted~ Z.~ F   Exercised~ b~ 2 ~  2  Forfeited~ &~ :  "Outstanding at End of Year~ r~ : 3 Yrs ~  J "Exercisable at End of Year~ *k~ 62.1 Yrs ~  u $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QbJ=PF0*8X> @            l  n  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a/}  } $ }  } $ }  } $       GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                      ~  ~  ~ ~  Shares  Wtd. Avg  Shares  Wtd. Avg  Shares  Wtd. Avg ~   Grant ~   Grant ~   Grant     Date     Date     Date Fair Value    Fair Value Fair Value/'Nonvested Stock Options at Beginning of~ ֒~ ~ N  ~   ~ F~  YearGranted~ >~ ~ n2  ~   ~ Z.~ Vested~ n~ ~ &  ~   ~ ~  Forfeited~ ~ ~   ~   ~ ~ .&Nonvested Stock Options at End of Year~ 2f~ ~ ֒  ~   ~ N~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QUM &9/#=PF0*8X> @:'                      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)Nonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a/} $ } $} $ } $}  $ } $                        GENTEX CORP 10-K 02/21/2018/'Non-employee Director Stock Option Plan             ~  ~  ~ ~ Dividend yield (1) @ %  @ %  @ % Expected volatility (2) L<@ %   A@ %  fffff&B@ %# Risk-free interest rate (3) @ %  ffffff? %  @ %/'Expected term of options (in years) (4)@@~   .&Weighted-average grant-date fair value~ ~ ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.xl`TvKvj^6=PF0*8X> @             l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '} U} $ } m} $                             GENTEX CORP 10-K 02/21/2018/'Non-employee Director Stock Option Plan              ~   Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ ~ :  Granted~ ~ N   Exercised~ ~ :    Forfeited ? ?  "Outstanding at End of Year~ Z~ >6.1 Yrs ~  ( "Exercisable at End of Year~ Z~ >6.1 Yrs ~  ( $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 xl`T eQ=PF0*8X> @           l  h  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '} U} $ } m} $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              ~   Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ ~ 6  Granted~ ~ B   Exercised~ r~ *    Forfeited~ ~ B  "Outstanding at End of Year~ ~ :6.4 Yrs ~  " "Exercisable at End of Year~ ~ :6.4 Yrs ~  " $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QbL=PF0*8X> @           l  F  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } '} U} $ } m} $                             GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              ~ ~  Shares   Wtd. Avg.   Wtd. Avg.   Aggregate ~    Ex. Price   Remaining   Intrinsic          Contract Life  Value ~  ( Outstanding at Beginning of Year~ ~ 2  Granted~ ~ F   Exercised~ ~ .    Forfeited ? ?  "Outstanding at End of Year~ ~ 66.4 Yrs ~   "Exercisable at End of Year~ ~ 66.4 Yrs ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QbN=PF0*8X> @           l  <  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } a/} $} $ } $} $ } $} $       GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                      ~  ~  ~ ~  Shares  Wtd. Avg  Shares  Wtd. Avg  Shares  Wtd. Avg ~    Grant Date ~    Grant Date ~    Grant Date      Fair Value      Fair Value      Fair Value/'Nonvested Stock Options at Beginning of ? $? ?    $?  ? $? YearGranted~ ~ ~   ~   ~ ~ Vested~ "~ ~ "  ~   ~ >~  Forfeited ? ? ?    ?  ? ?.&Nonvested stock options at End of Year ? $? ?    $?  ? $?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 ui]QUM=PF0*8X> @"$                     l  +~   dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } $}  $ +                                  GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS             ~  ~  ~ ~ Revenue:      Automotive Products       United States fA   A  ~  u Germany~ ܶS~ <@N~  XF  Japan~ .p+,~ μ$~  o# Other CountriesȈAA A  Other~ Z~  Z ~    Total@AA *oA &Income (Loss) from Operations: Automotive Products~ NHz~ }v~  j  Other~ ~~ U~  D  Total~ BB|~ ^Oz~  `m Assets: Automotive Products4xAɹA  A  Other~  H~ j<~  ?  Corporate¾AdA A  Total/A @5A DA $Depreciation & Amortization: Automotive Products~ j~ B~  R8  Other~ ^~ ~  r  Corporate~ ~ zi~  >nS D lui]Qs#AQMdh, ! " # $ % & ' ( ) *  Total~ rS  ~   ~ a7 !Capital Expenditures:!!!!! "Automotive Products~ "bӷ""~ ".""~ " G"  #Other~ #e ##~ #9 ##~ # ~ # $ Corporate~ $* $$~ $6V$$~ $ r $  %Total~ %^'%%~ %z%%~ %  Y% &'$(____________________________1))Created by Morningstar Document Research.0*(http://documentresearch.morningstar.com/G,0>2&=PF0*8X> @*E** )) (( %%%%%% $$$$$$ ###### """"""                      l  1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } }  $                           GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS             ~  ~  ~ ~ Automotive Products      Automotive Mirrors i^qA   +A   2A  HomeLink ? Modules*~ ",  ~ ܐ+  ~ z ) !Total Automotive Products[2AnA BtA  Other Products Revenue~ Z~ Z ~     Total Revenue@AA *oA $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4ui]QsgO=PF0*8X> @            l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } } $} $} $ } $} $} $ } $} $} $ } $} $                      GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS              Toyota Motor Corporation  Volkswagen Group  Ford Motor Company   Daimler AG~ ~ 2 % ~ > % ~ * % ~ * %~ ~ . % ~ : % ~ . %  # ~ ~~ . % ~ : % ~ . %  # $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hui]QG;/=PF0*8X> @:      l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } I"} $                           GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                   First  Second  Third  Fourth ~  ~  ~  ~  ~  ~  ~  ~   Net Sales~ ~  ~   ~    ~   ~   ~ .9  ~    ~ &  Gross Profit~  ~  ~  4   ~  - ~ zs ~  ~   ~ >S Operating Income~ n4~ F`~    ~  ~ ~ 1~ -~  Net Income~ V~ b~  bg  ~  VG~ ځ~ ~ ~ j"Earnings Per Share (Basic)(\?Q? ףp= ?   333333?{Gz?{Gz?q= ףp?ףp= ?$Earnings Per Share (Diluted)Q?Q? ףp= ?   333333?ףp= ?{Gz?q= ףp?ףp= ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4 ui]QOF &z=PF0*8X> @?                             l  )e8<  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } I;}  $ )                                  GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS             0 (For the Twelve Months ended December 31, ~  ~  ~ ~1 )Foreign currency translation adjustments:     & Balance at beginning of period~ AQ  ~ NB  ~ U 91Other comprehensive loss before reclassifications~ ~ ZS~  b !Net current-period change~ ~ ZS~  b  Balance at end of period~ ^'~ AQ~  NB 7/Unrealized gains (losses) on available-for-sale  securities:&Balance at beginning of period~ 9~ N2~  Y 0(Other comprehensive income (loss) before~ "C~ rF~  :v reclassifications-%Amounts reclassified from accumulated~ R~ L~   "other comprehensive income!Net current-period change~ r7~ rw~  M  Balance at end of period~ .q~ 9~  N2 1)Unrealized gains (losses) on derivatives: &Balance at beginning of period~ ~~ ~  jt 0(Other comprehensive income (loss) before~ #~ v~  V reclassifications-%Amounts reclassified from accumulated~ ,5~ T~  ^* "other comprehensive incomeD" lui]Q32z\]b8 ! " # $ % & ' ( ! Net current-period change~ ^PD  ~ f+  ~   !Balance at end of period~ !<!!~ !~!!~ ! ! """""" .#&Accumulated other comprehensive income~ # ##~ #g##~ # # $(loss), end of period%$&____________________________1')Created by Morningstar Document Research.0((http://documentresearch.morningstar.com/gu =PF0*8X> @4(( '' && ###### !!!!!!                   l  T  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } =}  $ } =       GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS               5 -Details about Accumulated Other Comprehensive   ; 3Affected Line item in the Statement of Consolidated Income Components              Income  0 (For the Twelve Months ended December 31,    ~  ~  ~ ~  ;3Unrealized gains and (losses) on available-for-sale    securities+#Realized gain on sale of securities~ J8~  ~  ۨ   Other, net"Provision for Income Taxes~ j ~ ( ~  Lk  "Provision for Income Taxes.&Total reclassifications for the period~  %~   ~  v(   Net of tax   0(Unrealized gains (losses) on derivatives   +#Realized loss on interest rate swap~ ^1~ *c} ~  J    Other, net"Provision for Income Taxes~ ~ - ~  ^  "Provision for Income Taxes~ N~  ~     Net of tax   .&Total reclassifications for the period~ ~ η ~  H   Net of tax$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXui]Q6`XX+=PF0*8X> @          l  a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } %} $       GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS      Carrying Amount' Balance as of December 31, 2016~ VHI   Acquisitions ?   Divestitures ?  Impairments ? Other ?'Balance as of December 31, 2017~ VHI$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0ui]Q!S#t=PF0*8X> @R      l  q  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (27)66EXHIBIT INDEXU } 2}  $ }                          GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS            Other Intangible Assets Gross Accumulated Amortization Net Assumed Useful Life2 *HomeLink ? Trade Names and Trademarks~ e   $? ~ e    Indefinite" HomeLink ? Technology~ T* ~ B ~ BV  12 years# Existing Customer Platforms~ @  ~ " ~ "  10 years%Exclusive Licensing Agreement~ ` ?~ `   Indefinite2*Total other identifiable intangible assets~  tX~ bq~ bD   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0ui]QG%D8,=PF0*8X> @                l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)66EXHIBIT INDEXU } 2}  $ }                         GENTEX CORP 10-K 02/21/20182*NOTES TO CONSOLIDATED FINANCIAL STATEMENTS            Other Intangible Assets Gross Accumulated Amortization Net Assumed Useful Life2 *HomeLink ? Trade Names and Trademarks~ e   $? ~ e    Indefinite" HomeLink ? Technology~ T* ~ B` ~ BJ  12 years# Existing Customer Platforms~ @  ~  ~   10 years%Exclusive Licensing Agreement~ ` ?~ `   Indefinite2*Total other identifiable intangible assets~  tX~  ~ I  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.ui]QG%th@=PF0*8X> @                l  z3ȟ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??9GENTEX CORPORATIONNoneIndexAutomotive Products!Item 5 Market for the RegistranItem 5 Market for the (1)Item 5 Market for the (2)Item 5 Market for the (3)17 18Results of Operations!Liquidity and Capital Resources!23Contractual Obligations and O!Index to Consolidated FinancialIndex to Consolidated (1)!Executive Officers of the RegisSummary Compensation2017 Earned Bonuses2017 Earned Bon (1) Balance SheetIncome StatementIncome Statemen (1)!FOR THE YEARS ENDED DECEMBER 31 Cash Flows!Allowance For Doubtful Accounts Investments!NOTES TO CONSOLIDATED FINANCIALNOTES TO CONSOLIDATED (1)NOTES TO CONSOLIDATED (2)NOTES TO CONSOLIDATED (3)NOTES TO CONSOLIDATED (4)NOTES TO CONSOLIDATED (5) InventoriesEarnings Per ShareNOTES TO CONSOLIDATED (6)NOTES TO CONSOLIDATED (7)NOTES TO CONSOLIDATED (8)NOTES TO CONSOLIDATED (9)NOTES TO CONSOLIDATED (10)NOTES TO CONSOLIDATED (11)Employee Stock Option PlanNOTES TO CONSOLIDATED (12)NOTES TO CONSOLIDATED (13)NOTES TO CONSOLIDATED (14)NOTES TO CONSOLIDATED (15)!Nonemployee Director Stock OptiNonemployee Director (1)NOTES TO CONSOLIDATED (16)NOTES TO CONSOLIDATED (17)NOTES TO CONSOLIDATED (18)NOTES TO CONSOLIDATED (19)NOTES TO CONSOLIDATED (20)NOTES TO CONSOLIDATED (21)NOTES TO CONSOLIDATED (22)NOTES TO CONSOLIDATED (23)NOTES TO CONSOLIDATED (24)NOTES TO CONSOLIDATED (25)NOTES TO CONSOLIDATED (26)NOTES TO CONSOLIDATED (27)U } } $ } > z      GENTEX CORP 10-K 02/21/201866EXHIBIT INDEX    Q8$@ - %Credit Agreement, dated September 27,  4 ,2013, by and between the Company, the Agent,  0 (the Syndication Agent, the Arranger, and  0 (the lenders thereto was filed as exhibit/'10.1 to Registrant's Report on Form 8-K5-filed October 3, 2013, and the same is hereby)!incorporated herein by reference.*10.120(Gentex Corporation Employee Stock Option0(Plan (as amended and restated, effective7/February 20, 2014) was included in Registrant's1)Proxy Statement filed with the Commission1)on March 31, 2014, and the same is hereby)!incorporated herein by reference.*10.130(Specimen form of Grant Agreement for the0(Gentex Corporation Employee Stock Option0(Plan (as amended and restated, effective3+February 10, 2014 was filed as exhibit 10.31)to Registrant's Report on Form 10-Q filed;3August 7, 2014, and the same is hereby incorporatedherein by reference.D} lxlH]u0 n<z. !"#$%&'()*+,-./0123456789:;<=>?   !*10.14!0!(Amendment to the Gentex Corporation 2012""2"*Amended and Restated Non-Employee Director##-#%Stock Option Plan (effective February$$2$*16, 2012) was included in the Registrant's%%1%)Proxy Statement filed with the Commission&&1&)on March 31, 2014, and the same is hereby'')'!incorporated herein by reference.((()*10.15)0)(Specimen form of Grant Agreement for the**4*,Gentex Corporation 2012 Amended and Restated++0+(Non-Employee Director Stock Option Plan,,,<,4as amended was filed as exhibit 10.5 to Registrant's--1-)Report on Form 10-Q filed August 7, 2014,..2.*and the same is hereby incorporated herein/// by reference.0001RQ$@111)ISDA Master Agreement between Wells Fargo22/2'Bank, N.A. and Gentex Corporation dated3333+as of October 1, 2014 (with Schedule to the44.4&Master Agreement) was filed as Exhibit5505(10.1 to Registrant's Report on Form 10-Q6666.dated November 10, 2014 and the same is hereby77)7!incorporated herein by reference.8889*10.17929*Second amendment to the Gentex Corporation::0:(Second Restricted Stock Plan (as amended;;0;(on February 8, 2008) was included in the<</<'Registrant's proxy Statement filed with==0=(the Commission on April 2, 2015, and the>>8>0same is hereby incorporated herein by reference.???DM l2&=PF0*8X> @yyxxww Root Entry FBook  7  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ