Park Aerospace Corp. · NYSE:PKE
Park Aerospace — Q2 2027 Earnings Presentation
37 slides from Park Aerospace's earnings presentation, Oct 8, 2026
Slide 1: FY2027 Q2 Investor Conference Call
e PARK AERO: 5b anh Cs Oe Se ee eae FY2027 Q2 Investor Conference Call October 8, 2026 ***Eounded March 31, 1954***
Slide 2: Forward Looking Disclaimer
Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operatin
Slide 3: FY2027 Q2 Investor Presentation contents
FY2027 Q2 Investor Presentation........00000cccccee cece cece eeeeeeceeceectteeeeeeeeeeeueeaaees Slide 1 Supplementary Financial Information..............0...cc:cccceeccceeeseeeeeseeeeseeens Appendix 1 EVIDENCE OF A ‘BLACK HOLE STAR’ The JWST recently identified a mysterious new class of cosmic obje
Slide 4: Quarterly Results
Sales Gross Profit Gross Margin Adjusted EBITDA Adjusted EBITDA Margin > What we said about FY2027 Q2 during our July 20, 2026 FY2027 Q1 Investor Call FY25 Q1 $13,970 $4,099* 29.3%* $2,610* 18.7%* FY25 Q2 $16,709 $4,757* 28.5%* $3,204* 19.2%* Quarterly Results (In Thousands) FY25 Q3 $14,408 $3,828 2
Slide 5: Quarterly Results (Continued)
Quarterly Results (Continued) > FY2027 Q2 Sales by Key Product Groups: ¥ ArianeGroup’s C2®B fabric: $1.5 Million v Ablative materials produced with ArianeGroup’s C2®B fabric: $1.8 Million v Ablative materials for Missile Systems programs: $5.7 Million v¥ Advanced composite materials for GE Aerospace
Slide 6: FY2027 Q2 Top Five Customers
FY2027 Q2 Top Five Customers (in Alphabetical Order) AAE Aerospace Kratos Defense & Security Solutions L3Harris Missile Solutions Middle River Aerostructure Systems (MRAS) and its subcontractors The Nordam Group " Defensive Missile System Patriot PAC-3 MSE Airbus A320neo with LEAP-1A Engine Kratos B
Slide 7: Park's Estimated Revenues by Aerospace Market Segment
Park’s Estimated Revenues by Aerospace Market Segment FY2022 FY2023 FY2024 FY2022 Revenues: FY2023 Revenues: FY2024 Revenues: $53.6 Million $54.1 Million $56.0 Million FY2027 First 6 Months FY2025 FY2026 6% FY2027 First 6 Months ; Revenues: ™% : FY2025 Revenues: $39.1 Million FY2026 Revenues: $62.0
Slide 8: Park Loves "Niche" Military Aerospace Programs
Park Loves “Niche” Military Aerospace Programs Park’s Estimated FY2027 Q2 Military Revenues by Market Segment Radomes Space ae 1% * Missile Systems 56% Pa of Patriot PAC-3 MSE Defensive Missile System Estimated FY2027 Q2 Military Revenues: $10.0 Million Thales Aster Surface to Air Defensive Missile
Slide 9: GE Aerospace Jet Engine Programs
GE Aerospace Jet Engine Programs > Park’s Advanced Composite Materials are sole source qualified on multiple engine nacelle and thrust reverser components on the following GE Aerospace (and CFM) Engine Programs: ¥ GEnx-2B Engines for the Boeing 747-8 Aircraft (spares) v LEAP-1A Engines for the compl
Slide 10: Update on GE Aerospace Jet Engine Programs
Update on GE Aerospace Jet Engine Programs > A320neo Aircraft Family (includes A319neo, A320neo, A321neo, A321LR and A321XLR Aircraft Variants) v As of August 2026, Airbus had delivered 4,741 A320neo Family Aircraft and had a backlog of 7,571 firm orders of A320neo Family Aircraft v Airbus A320neo F
Slide 11: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) v Airbus is targeting an A320neo Aircraft Family delivery rate of 70 to 75 per month by the end of 2027, stabilizing to a rate of 75 per month thereafter vY Approved Engines for the A320neo Aircraft Family The A320neo Aircraft Family offers two
Slide 12: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) v As of June 30, 2026, there were 8,546 firm LEAP-1A engine orders (Source: Second Quarter 2026 edition of Aero Engine News) TE Airbus air with LEAP. iA Engines WN > Comac C919 with CFM LEAP-1C Engines SS ae a ¥ Comac reportedly has over 1,200 o
Slide 13: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) > Boeing 777X Aircraft with GE9X Engines Y B/7T?X test flight program has amassed over 1,700 flights and over 4,800 flight hours Y Boeing reportedly has over 670 open orders for its B777X Aircraft Y Boeing anticipates FAA certification, entry in
Slide 14: GE Aerospace Jet Engine Programs Sales History and Forecast Estimates
GE Aerospace Jet Engine Programs Sales History and Forecast Estimates > GEAerospace Programs Sales history: v SoS NS FY2020: $28.9 Million FY2021: $13.2 Million FY2022: $26.5 Million FY2023: $22.3 Million Comac C909 Regional Jet *Subject to risks described in Slide 2 PNR NNN NNN NA FY2024: $21.1 Mil
Slide 15: GE Aerospace Jet Engine Programs Outlook
GE Aerospace Jet Engine Programs Outlook... Park’s Commercial Aircraft Juggernaut > What is the “timing” for the Commercial Aircraft Juggernaut? ¥ The Commercial Aircraft Juggernaut is Here! > Commercial Aircraft Juggernaut drivers: v Airbus’ aggressive ramp up of A320neo Aircraft Family production
Slide 16: GE Aerospace Jet Engine Programs Outlook (Continued)
GE Aerospace Jet Engine Programs Outlook... Park’s Commercial Aircraft Juggernaut (Continued) Program Engine Units per Year © Revenue perEngine Annual Revenues per 9 Assumptions‘ Unit Estimates? Program Estimates A320ne0? 1200° $29,500 $35,400K PP20° 90 $66,500 $5,985K 919° 200 $27,500 $5,500K C909"
Slide 17: GE Aerospace Jet Engine Programs Outlook (Continued)
GE Aerospace Jet Engine Programs Outlook... Park’s Commercial Aircraft Juggernaut (Continued) ‘Except for the engine units per year assumption for the A320neo Aircraft Family, which is addressed in footnote 4 below, the engine units per year assumption estimates are based upon historical data, custo
Slide 18: Missile Systems
Missile Systems Park’s New Juggernaut and Next Big Thing > Park’s Missile Systems “Niche” v Park specializes in the design and manufacture of advanced composite “ablative” materials used to produce solid rocket motor structures for critical missile systems, including the PAC-3 MSE Patriot Missile Sy
Slide 19: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) > Quadrupling the Production of the “Exquisite Class” of Weapon Systems!!! ¥ On March 6, 2026, President Trump met in the White House with seven top defense contractors, at which meeting the contractors reportedly agreed to QUADRUP
Slide 20: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) v The PAC-3 MSE Missile System is an extremely effective missile defense system with very high rates of successful intercepts and destruction of incoming ballistic missiles and other threats ¥ But stockpiles of PAC-3 MSE Missile Sy
Slide 21: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) ¥ On January 13, 2026, the DoW announced it is investing $1 billion in the L3Harris Solid Rocket Motor business (formerly Aerojet Rocketdyne and now called L3Harris Missile Solutions) to boost solid rocket motor production for the
Slide 22: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) ArianeGroup produces a proprietary fabric called RAYCARB C2®B which is used to produce ablative composite materials for advanced solid rocket missile programs Park is sole source qualified on the solid rocket motor for the PAC-3 MS
Slide 23: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) ¢ Park expects to pay the third and final installment of €1,376,000 of this advance in our FY2027 Q3 v¥ What is the purpose of the €4,587,000 advance payment? ¢ To fund, “50/50” with Ariane, the construction of additional C2®B fabr
Slide 24: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) ¥ On July 18, 2026, ArianeGroup SAS and Park Aerospace Corp. entered into a Term Sheet agreement relating to the construction and establishment, by ArianeGroup, of a US based C2°®B fabric manufacturing plant with expected C2°®B fab
Slide 25: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) ¢ — And, as provided in the Term Sheet agreement, 100% of the output of ArianeGroup’s US based C2®B fabric manufacturing plant will be allocated to Park, which will be used by Park to support the PAC-3 MSE Missile Program and other
Slide 26: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) v Although we are not at liberty to disclose the specific C2°B fabric manufacturing capacity expected from Ariane’s US C2°B fabric manufacturing plant, when that plant is complete and on line, its manufacturing capacity, together w
Slide 27: Missile Systems (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) v And just for the record...even though we are in business to make money for our shareholders, it is not all dollars and cents for us e Almost every time a PAC-3 Missile is launched and successfully intercepts and destroys an incom
Slide 28: Park's Major New Manufacturing Plant
Park’s Major New Manufacturing Plant > On July 17, 2026, Park entered into a long term lease agreement to lease 18 acres of land at the Tulsa, Oklahoma International Airport v The Tulsa International Airport will be the site of Park’s Major New Manufacturing Plant Y But the site will also provide sp
Slide 29: Park's Major New Manufacturing Plant (Continued)
Park’s Major New Manufacturing Plant (Continued) > Park’s new plant is designed to produce and support Park’s complete composite materials product line, including specialty ablative materials for missile systems, film adhesive materials and lightning strike protection materials > Park’s new plant is
Slide 30: Park's Major New Manufacturing Plant (Continued)
Park’s Major New Manufacturing Plant (Continued) > Park’s new plant is expected to approximately triple Park’s current solution treating manufacturing capacity v Park's solution treating capacity is used to support, among other things, Park’s missile systems programs v Bystaffing up the existing sol
Slide 31: Park's Financial Performance History and Forecast Estimates
Park’s Financial Performance History and Forecast Estimates > Sales and Adjusted EBITDA history: Sales Adjusted EBITDA FY2023 $54.1 Million $11.5 Million -FY2026 $56.0 Million $11.0 Million* 7 $62.0 Million $11.6 Million* FY2026 Q1 $15.4 Million $3.0 Million FY2026 Q2 $16.4 Million $3.4 Million FY20
Slide 32: Historical Fiscal Year Results (In Thousands)
Historical Fiscal Year Results (In Thousands)* FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024*** FY2025 sam fe Sales $31,837 $40,230 $51,116 $60,014 $46,276 $53,578 $54,055 $56,004 $62,026 $73,301 $39,103 Gross Profit $8,299 $11,288 $16,184 $18,673 $13,191 $17,917 $16,473 $16,534 $17,642 $2
Slide 33: Park's Recent Public Offering
Park’s Recent Public Offering > On January 13, 2026, Park filed a Form S-3 Registration Statement and Prospectus Supplement with the SEC for a $50 Million “At-the-Market” (ATM) public offering of Park’s Common Stock > Under the Registration Statement, Park sold a total of 1,812,601 shares of its Com
Slide 34: Park's Balance Sheet, Cash and Cash Dividend History
Park’s Balance Sheet, Cash and Cash Dividend History Park has zero long term debt! Park reported $114.75 Million in Cash and Marketable Securities as of the end of our FY2027 Q2 ¥ As discussed above, Park plans to invest approximately $65 Million in our Major New Tulsa Manufacturing Plant and $25 Mi
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Slide 36: Appendix
Appendix 1 Park Aerospace Corp. October 8, 2026 Investor Conference Call — Supplementary Financial Information The financial and other data contained herein (the “Supplementary Data”) is being provided pursuant to the requirements of Regulation G promulgated by the U.S. Securities and Exchange Commi
Slide 37: Earnings before income taxes for the 2027 fiscal year second quarter
Earnings before income taxes for the 2027 fiscal year second quarter were $5.6 million, or 26.8% of sales, compared to $3.2 million, or 19.7% of sales, for the 2026 fiscal year second quarter and $4.8 million, or 26.2% of sales, for the 2027 fiscal year first quarter. Net earnings for the 2027 fisca