Slide 1: FTG Corporation – Aerospace & Defence Electronic Products & Subsystems
FTG CORPORATION Aerospace & Defence Electronic Products & Subsystems 1 FTG: TSX April 2026
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticip
Slide 3: FTG Today: At-A-Glance
FTG Today: At-A-Glance Markets Served $191M $32M 2025 2025 Revenue Adj EBITDA Aerospace & Defence ~25% ~$148M Product Portfolio Revenue Growth 2025 Exit (4-Year CAGR) Backlog 30+ Years 750+ / 11 Length of Relationship Employees / Global with key customers Offices Cockpit and Avionics Products Printe
Slide 4: Capital Markets Summary
Capital Markets Summary TSX Stock Symbol: FTG Fiscal Year End: Nov. 30 Steve Hansen Nick Corcoran Russell Stanley Company Raymond James Acumen Beacon Share Price: $21.00 Rating Outperform 2 Buy Buy Target Price $24.00 $25.00 $26.00 Shares Outstanding: 25.2M 52-Week Range: $6.66 - $22.07 Insider Hold
Slide 5: FTG Scalable Economics
FTG Scalable Economics Top Line Drives Bottom Line CAD/USD Exchange Rate 100 $1.70 90 Direct Labour Variable Cost $1.60 80 ~70% $1.50 70 $1.40 60 Material $1.30 Percent 50 $1.20 40 Fixed Cost $1.10 30 Indirect Labour ~30% $1.00 20 $0.90 10 Infrastructure 0 Contribution Margin of ~30% on incremental
Slide 6: FTG Strategic Initiatives
FTG Strategic Initiatives Operating Performance Deliver Value Growth to Customers Reduce Costs, Increase improve Operating Efficiencies Leverage Expand Pursue Market Technology, High Positioning Geography, Margin Capacity Business Advanced Acquisitions Technology TSX: FTG 6
Slide 7: Experienced Leadership Team Driving Performance
Experienced Leadership Team Driving Performance Board of Directors Edward Hanna – Chairman Brad Bourne – Director Michael Andrade – Director Brad Bourne Drew Knight Peter Dimopoulos Marko Viinikka Bill Sezate Robert Beutel – Director President & CEO EVP & CFO Vice President Business Dev EVP Aerospac
Slide 8: Strong End Market Demand – Commercial and Defence
Strong End Market Demand – Commercial and Defence DEFENCE BUDGETS COMMERCIAL AIRCRAFT DELIVERIES Airbus total backlog 8,754 1200 1000 # Aircraft 800 AIRCRAFT 600 400 Boeing total backlog 200 0 5,994 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 AIRCRAFT Projected Airbus Boeing NATO defence spend
Slide 9: FTG's Multiple Levers For Continued Growth
FTG’s Multiple Levers For Continued Growth ✓ TSX: FTG ✓ FTG growth Accretive Acquisitions consistently exceeds industry Further Global Expansion ✓ Suppliers who New Programs • Looking to perform win more Europe for either Wins business work • Europe • Insource Satcom • 7 Acquisitions and WQAR • Hyde
Slide 10: Barriers to Entry – Drive Margins
Barriers to Entry – Drive Margins Market Positioning– Drive Margins Technology/Capabilities Government certifications After market Customer certifications and approvals Customer Relationships Margins Aerospace Operational Performance Defence Financial Strength Global Footprint Cash Cycle Future inve
Slide 11: Move up value Chain to drive revenue growth
Technology Growth Aerospace Products Circuits Products Move up value Chain to drive revenue growth Offer full range of solutions to simplify customer supply chain Electronic Assemblies Electro Mechanical Assemblies Power Supplies Keyboards Switch Panels Panels Alignment with customer’s needs – drive
Slide 12: Corporate Development Milestones
Corporate Development Milestones FTG Printronics Acquires Circuit - JV Acquires Young Colonial Circuits FTG Aerospace FTG Aerospace Electronics Acquires Hyderabad - Chatsworth - Acquires Holaday Circuits Greenfield Greenfield Teledyne PCT FTG completes Acquires Filtran Acquires Acquires reverse take
Slide 13: Capital Allocation
Capital Allocation Capital allocation plans include: 1. Invest organically to ramp throughput and drive technology 2. Pursue corporate development opportunities 3. Pay down debt 4. We have an NCIB to buy back up to 5% of outstanding shareholder stock ▪ 616,400 shares repurchased since 2022 Deploy ca
Slide 14: FLYHT (now FTG Aerospace Calgary) Acquisition
FLYHT (now FTG Aerospace Calgary) Acquisition Products Satcom communications via Iridium Satellite system (AFIRS 228) Backup aircraft safety communications system Aircraft data transmission system for enhanced operations management In service for many years, with design update just completed Factory
Slide 15: FTG Aerospace Calgary Value Creation
FTG Aerospace Calgary Value Creation ✓ TSX: FTG Shield Profits In Source Manufacturing ✓ Reduce costs ✓ Get approvals to Recurring Sales sell products on key platforms • Sell Satcom data • Site has over Hardware Sales • Satcom radio to as Iridium data be in-sourced to $100M in tax losses ✓ Sell 3 ex
Slide 16: Future M&A Considerations
Future M&A Considerations Future Acquisitions Key criteria for future acquisitions include: ▪ Aligned with FTG market and product focus ▪ Expand technology offering ▪ Expand geographic coverage ▪ Europe for commercial aerospace ▪ Europe, India, other top ten countries outside of US for defence ▪ Acc
Slide 17: US Tariffs
US Tariffs The US Administration is implementing tariffs on imports into the US FTG sales include approximately $58M in sales to the US from Canada or China Mitigation plans include: The US-based acquisitions by FTG in 2019 and 2023 have expanded our US manufacturing capacity The acquisition of FLYH
Slide 18: Financial Highlights – Revenue and Earnings
Financial Highlights – Revenue and Earnings 25% CAGR 37% CAGR Revenue ($K) Gross Margin ($K) 190,996 70,000 32% 31% 35% 200,000 162,096 29% 60,000 27% 30% 135,200 36% 150,000 29% 24% 89,624 50,000 22% 25% 34% 100,000 79,365 40,000 20% 37% 37% 71% 64% 50,000 66% 35% 30,000 15% 63% 63% 65% 0 20,000 10
Slide 19: Financial Highlights – Balance Sheet and Investments
Financial Highlights – Balance Sheet and Investments Working Capital (excl Cash) Cash 50,000 20,000 40,000 15,000 30,000 10,000 20,000 5,000 10,000 - -5,000 2021 2022 2023 2024 2025 2026 - Q1 2021 2022 2023 2024 2025 2026 -10,000 Q1 Capex Spending Acquisitions 8,000 6% 30,000 5% 4% 5% 6,000 4% 25,00
Slide 20: ESG at FTG
ESG at FTG Focus On Environmental, Social & Governance Factors Across All Operations Environment: Reduction of impact on the environment in areas such as water recycling, higher efficiency equipment, and committed further investments, with the support of the Canadian and Ontario Governments. Social:
Slide 21: FTG Corporation
FTG CORPORATION 21 FTG: TSX
Slide 22: FTG Corporation
FTG CORPORATION www.ftgcorp.com | FTG: TSX 22 FTG: TSX