Butler National Corporation · OTC:BUKS
Butler National — Shareholder Meeting (October 2018)
29 slides from Butler National's shareholder meeting presentation, Oct 11, 2018
Slide 1: Butler National Corporation Annual Meeting of Shareholders
Butler National Corporation Annual Meeting of Shareholders Thursday - October 11, 2018 10:00 AM - Milburn Country Club - Overland Park, KS
Slide 2: Agenda
Agenda Fiscal Year 2018 Annual Meeting of Shareholders | CALL TO ORDER lai DECLARATION OF A QUORUM laa BUSINESS MEETING a MANGEMENT DISCUSSION | MEETING CLOSES & October 11, 2018 © Butler National Corporation
Slide 3: Annual Meeting of Shareholders
Annual Meeting of Shareholders *Elect Two Directors for a Three (3) Year Term R. Warren Wagoner Clark D. Stewart Ratify Selection of Auditors for Fiscal Year 2019 RBSM, LLP -Advisory Vote on Compensation of Named Executives
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Slide 5: Agenda
Agenda Fiscal Year 2018 Annual Meeting of Shareholders = COMPLETED ITEMS 1 THROUGH 3 a RESULTS OF VOTING ia ADJOURN BUSINESS MEETING a MANAGEMENT DISCUSSION a QUESTIONS? & October 11, 2018 © Butler National Corporation
Slide 6: Our Offices
Our Offices Corporate — Avionics/Defense — Aircraft Modifications OLATHE, KANSAS ‘TEMPE, ARIZONA NEWTON, KANSAS Our corporate headquarters are located in a 9,000 ‘square foot owned facilty for office and storage space at 19920 West 161* Street, in Olathe, Kansas. PAI Butler National Corporation ‘Avc
Slide 7: Aerospace Products and Professional Services
* AEROSPACE PRODUCTS Aircraft Modification (Aircraft Modifications, Aircraft) Classic Aviation Products Avionics (Avionics) Defense Contracting & Electronics Classic Aviation Products * PROFESSIONAL SERVICES Management Services (Gaming, Corporate) Indian Gaming Management Kansas State Owned Gaming -
Slide 8: International
INTERNATIONAL Aspects of Market MEXICO NICARAGUA BRAZIL BURKINA FA ISRAEL SAUDI ARABIA ITALY SPAIN Last 5 years cos’ KAZAKHSTAN DENMARK LUXEMBURG UKRAINE EL MALAYSIA UNITED KINGDC + ETHIOPIA
Slide 9: Aircraft Modifications - Stage Noise
aft Modifications - Stage 3 Noise Avcon Indu stries, Inc Compliance Deadline December 31, 2015 = EXPANDED OURJPARTS MANFACTURING AND REPAIR BUSINESS=s#
Slide 10: Multi-Mission Pod
MMULTI-MISSION POD ‘Aucon offers provisions for up to 7 sensors, and our pod is. designed to suit Most ISR Sensors. All the sensors inside the pod are attached to an STC approved Rail Payload Attach- ment thatcan be customized with mounting provisions for ‘each specfic piece or type of equipment (SI
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Slide 13: Product for Legacy Aircraft
Product oP for Legacy Aircraft Avcon Industries nc. — Newton, Kansas LEARJET @&) October 11, 2018 © Butler National Corporation
Slide 14: Avionics
AVIONICS a Butler Avionics, Inc. BUTLER AVIONICSES NEWAND USED PRODUCTS - INSTALLATIONS - SERVICE October 11, 2018 © Butler National Corporation
Slide 15: Apache/Longbow & Blackhawk Helicopters
* Apache/Longbow & Blackhawk Helicopters - Gun Control, Testing Equipment, Cabling October 11, 2018 © Butler National Corporation
Slide 16: ESIDES
ESIDES () October 11, 2018 © Butler National Corporation
Slide 17: Cautionary Statement
SEC Form 8-K filed Today, Oct 11, 2018 —— Butler National Corporation Cautionary Statement ae + The statements in this presentation may constitute "forward-looking statements" within the meaning of Section 21E ofthe Securities and Exchange Act of 1934, as amended. Forward- looking statements can oft
Slide 18: Certain Economic Drivers for Business Segments
SEC Form 8-K filed Today, Oct 11, 2018 Certain Economic Drivers for Business Segments ¢ Services — Gaming — BHCMC (Boot Hill) — Patrons feel at home and have fun at BHCR — Patron Attitude toward future of markets — Job satisfaction of BHCMC team members — Gas and Oil prices worldwide — Grain and Cat
Slide 19: Outlook for the future by business segment
SEC Form 8-K filed Today, Oct 11, 2018 Outlook for the future by business segment * Services — BHCMC (BHCR) and other — Team members have ownership attitude — Marketing focus on Oklahoma competition — Marketing approach is resulting in actual revenue and profit growth over last 2 years — Need extens
Slide 20: Key Economic Drivers for Business Segments
SEC Form 8-K filed Today, Oct 11, 2018 ——_ Key Economic Drivers for Business Segments ae 4 « Aerospace — Avcon — BAI — Tempe — Global Government Interests — Gas and Oil prices worldwide — Special Mission — Worldwide stability — Refreshment of current aircraft fleets — Regulatory/Air Traffic Control
Slide 21: Outlook for the future by business segment
SEC Form 8-K filed Today, Oct 11, 2018 Outlook for the future by business segment « Aerospace — Avcon — BAI — Tempe —Backlogs are strong through spring 2019 — Refreshment of Learjet 30 and 60 series is happening for Special Mission fleets — Regulatory Mandate related to ADS-B (in/out) — World wide m
Slide 22: BHCMC option to purchase Facility Lease
SEC Form 8-K filed Today, Oct 11, 2018 BHCMC option to purchase Facility Lease * Actions are pending extension/renewal of the management contract with the State of Kansas + Regardless, the closing will depend on many factors, including regional economic conditions in the market area and the availabi
Slide 23: Purchase of the minority interest in BHCMC
SEC Form 8-K filed Today, Oct 11, 2018 Purchase of the minority interest in BHCMC + 1st— Exercise the BHCMC option to buy Facility Lease — Action in process to exercise option * 24 _ Negotiate a workable purchase and sale agreement at fair market value for the minority interest — No Action on the op
Slide 24: Make Gaming a public company
SEC Form 8-K filed Today, Oct 11, 2018 Make Gaming a public company * The BOD is exploring alternatives for separating the gaming operation of the Company into a separate public company. Although there can be no assurances that this separation will take place, the separation may not take place until
Slide 25: 2016 Equity Incentive Plan
SEC Form 8-K filed Today, Oct 11, 2018 ——_ 2016 Equity Incentive Plan ae 4 * 2016 Equity Incentive Plan replaced expired Incentive Plans + Board of Directors (BOD) believes that BNC should have retention program for all levels of employees * Compensation Committee of BOD makes incentive award final
Slide 26: Incentive 401(k) Match with BUKS stock
SEC Form 8-K filed Today, Oct 11, 2018 Incentive 401(k) Match with BUKS stock * Retirement Plan is a requirement for hiring and retention of employees in BNC segments + Match encourages participation in the plan * Stock match encourages loyalty to BNC team * Active program to purchase stock to limit
Slide 27: utler
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Slide 28: Thank You!
THANK YOU! October 11, 2018 © Butler National Corporation
Slide 29: Butler National Corporation Annual Meeting of Shareholders
Butler National Corporation Annual Meeting of Shareholders Thursday ~ October 11, 2018 10:00 AM - Milburn Country Club - Overland Park, KS