Butler National Corporation · OTC:BUKS
Butler National — Shareholder Meeting (November 2017)
27 slides from Butler National's shareholder meeting presentation, Nov 7, 2017
Slide 1: Annual Meeting, Tuesday November 7
a , Tuesday - November 7, 10:00 AM - Johnson County Community College - Olathe, KS
Slide 2: Agenda
Agenda Fiscal Year 2017 Annual Meeting of Shareholders a CALL TOORDER a DECLARATION OF A QUORUM MANGEMENT DISCUSSION “ LUNCH WILL NOT 8E AVAILABLE November 7, 2017 ‘© Butler National Corporation
Slide 3: Annual Meeting of Shareholders
Securities @nd Exch Annual Meeting of Share o David B. Hayden Michael J. Tamburelli
Slide 4: &)
&) November 7, 2017 © Butler National Corporation
Slide 5: Agenda
Agenda Fiscal Year 2017 Annual Meeting of Shareholders . COMPLETED ITEMS 1 THROUGH 3 RESULTS OF VOTING November 7, 2017 © Butler National Corporation
Slide 6: Our Offices
Our Offices Corporate — Avionics/Defense — Aircraft Modifications OLATHE, KANSAS TEMPE, ARIZONA NEWTON, KANSAS (S) November 7, 2017 © Butler National Corporation
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 Aspects of Market
@ INTERNATIONAL Aspects of Market & FRANCE GERMANY NICARAGUA HONDURAS PANAMA ICELAND PERU NA FASO NDA REP OF CHINA CANADA INDONESIA REP OF S. AFRICA CH A UDI ARABIA Goto) ITALY SPAN Last 5 years COSTA RICA u KAZAKHSTAN DENMARK LUXEMBURG EL SALV MALAYSIA ETHIOPIA
Slide 9: Stage Noise
Stage 3 Noise Compliance Deadline December 31, 2015 = EXPANDED OUR’PARTES. MANFACTURING AND REPAIR BUSINESS
Slide 10: Aircraft Modifications
Aircraft Modifications Avcon Industries, Inc
Slide 11: Slide 11
Slide 12: Product Support for Legacy Aircraft
Product Support for Legacy Aircraft — Newton, Kansas Avcon Industries, LEARJET (2) November 7, 2017 © Butler National Corporation
Slide 13: Butler National Avionics
. a BOOS BUTLER AVIONICSES Cessna 421 Lear 24, 25, 28, 31, 3: November 7, 2017 © Butler National Corporation
Slide 14: Apache/Longbow & Blackhawk Helicopters
oo “s Apache/Longbow & Blackhawk Helicopters — Gun Control, Testing Equipment, Cabling 7 & November 7, 2017 © Butler National Corporation
Slide 15: Firesides
FIRESSIDES November 7, 2017 © Butler National Corporation
Slide 16: Butler National Corporation Cautionary Statement
SEC Form 8-K filed Today, Nov 7, 2017 Butler National Corporation Cautionary Statement + The statements in this presentation may constitute “forward-looking statements” within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Forward- looking statements can often be
Slide 17: Certain Economic Drivers for Business Segments
SEC Form 8-K filed Today, Nov 7, 2017 Certain Economic Drivers for Business Segments * Services — Gaming — BHCMC (Boot Hill) — Gas and Oil prices worldwide — Weather West Texas north to Dakotas — Grain prices worldwide — Cattle prices worldwide — Patron Attitude toward future of markets — Job satisf
Slide 18: Outlook for the future by business segment
SEC Form 8-K filed Today, Nov 7, 2017 —— Outlook for the future by business segment 4 * Services - BHCMC (BHCR) and other — Team members have ownership attitude — Five year plan by month shows growth — Marketing approach is resulting in actual revenue and profit growth over last year — Need extensio
Slide 19: Key Economic Drivers for Business Segments
SEC Form 8-K filed Today, Nov 7, 2017 Key Economic Drivers for Business Segments « Aerospace — Avcon — BAI — Tempe — Gas and Oil prices worldwide — Special Mission — Worldwide stability — Global Government Interests — Refreshment of current aircraft fleets — Regulatory/Air Traffic Control Mandates —
Slide 20: Outlook for the future by business segment
SEC Form 8-K filed Today, Nov 7, 2017 Outlook for the future by business segment « Aerospace — Avcon — BAI — Tempe — Backlogs are strong through spring 2018 — 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 21: BHCWMC option to purchase Facility Lease
SEC Form 8-K filed Today, Nov 7, 2017 _——_ BHCWMC option to purchase Facility Lease ae * Weare considering 2 sources of funds. * Further actions are pending the extension of the management contract with the State of Kansas + When extended, the closing will depend on many factors, including Regional
Slide 22: Purchase of the minority interest in BHCMC
SEC Form 8-K filed Today, Nov 7, 2017 Purchase of the minority interest in BHCMC * 1s'— Exercise the BHCMC option to buy Facility Lease + 24 Negotiate a workable purchase and sale agreement at fair market value for the minority interest. * 34 — There can be no assurance that the transactions will ha
Slide 23: Make Gaming a public company
SEC Form 8-K filed Today, Nov 7, 2017 —— Make Gaming a public company 4 * 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 u
Slide 24: 2016 Equity Incentive Plan
SEC Form 8-K filed Today, Nov 7, 2017 2016 Equity Incentive Plan + 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 determinat
Slide 25: Incentive 401(k) Match with BUKS stock
SEC Form 8-K filed Today, Nov 7, 2017 Incentive 401(k) Match with BUKS stock Retirement Plan is a requirement for hiring and retention of employees in BNC business segments Match encourages participation in the plan Stock match encourages loyalty to team Active program to purchase stock to limit dil
Slide 26: November 7, 2017 © Butler National Corporat
November 7, 2017 © Butler National Corporat
Slide 27: Thank You!
THANK YOU! & November 7, 2017 © Butler National Corporation
Butler National — Shareholder Meeting (November 2017) on 6ix