Aersale Corporation · NASDAQ:ASLE

Aersale — Monocle Acquisition — SPAC Merger (December 2020)

7 slides from Aersale's SPAC merger presentation, Dec 17, 2020

  1. Slide 1: Monocle Acquisition Corporation / AerSale Corp.

    Monocle Acquisition Corporation AerSale Corp.

  2. Slide 2: Important Notices and Disclaimers

    Important Notices and Disclaimers No offer or Solietation ‘simu praten crest Pas oman puget nan ost cane an fo el aon of nol ecamnendaten puch ary ety dhe ravi mans of Mend ‘Acquistion Gorpration (Menace?) or AerSale Crp. dhe “Company” ot AerSale) o any of Monecie’sorAerSal's ates. The Investor Pres

  3. Slide 3: Initial Valuation Relative to Public Aerospace

    TEV / 2021F Adj. EBITDA 35.2x HEICG TRANS, ine (Com Asrronics *StEminering © AAR KAMAN MOOG Boveenin | Initial Valuation Relative to Public Aerospace ‘Source, Wt Steel esc, Company ngs, Capt 1, Bloambeg and Aceh Management Note 20 ro) @ Mactet da asf Oooanbe 15, Asames cash Aeris barcn sos a coe Ass

  4. Slide 4: Transaction Capitalization and Ownership

    Transaction Capitalization and Ownership Illustrative Sources and Uses Illustrative Pro Forma Valuation (in milions, except per share data) llustrative Monocle Share Price $10.00 Sources Pro Forma Shares Outstanding 403 Cash Held in Monocle Trust Account” $11.2 ——_ Implied Equity Value $4029 " 605 C

  5. Slide 5: Pro Forma Capitalization at Close

    Pro Forma Capitalization at Close | AerSale Pro Forma Capitalization (at Close) Pro Forma Ownership (at Close) Shares (M's) New Common Equity Shares 66 16.3% Existing AerSale Shareholders 314 78.0% Monocle Founder Shares oA 0.4% Private Placement Shares 07 1.8% Monocle Public Shareholders 14 27% Fin

  6. Slide 6: AerSale Pro Forma Capitalization at Various Prices

    erSale Pro Forma Capitalization at Various Prices New Common Equity Shares” Existing AerSale Shareholders” 314 314 314 314 314 314 314 314 Monocle Founder Shares oA on on 04 oA on on on Private Placement Shares o7 07 07 o7 o7 07 07 07 Monocle Public Shareholders 1A 4A AA 14 1A 1A 4A 14 Financial and

  7. Slide 7: Compelling Valuation Relative to Peers

    Compelling Valuation Relative to Peers Enterprise Value / 2020F EBITDA Multiple AerSale Multiple at Various Prices 14.0x 121K 10.3x 1x 82x 91x 5.x 65x $8.00 $9.00 $10.00 $11.00 s1200° — §13.00°” $1400” + $15.00” Peer Median’ Enterprise Value / 2021F EBITDA Multiple AerSale Multiple at Various Prices

Monocle Acquisition — SPAC Merger (December 2020) on 6ix