Aar Corp. · NYSE:AIR

Aar — Merger or Acquisition (February 2024)

4 slides from Aar's merger presentation, Feb 14, 2024

  1. Slide 1: Non-GAAP Financial Measures

    1 © 2024 AAR CORP. All rights reserved worldwide. Confidential and proprietary document. Non - GAAP Financial Measures This presentation includes financial results for (i) the Company with respect to adjusted EBITDA, adjusted revenue, adjusted EBI TDA margin, adjusted operating income and adjusted o

  2. Slide 2: Reconciliation of GAAP to Non-GAAP Measures: Adjusted EBITDA

    2 © 2024 AAR CORP. All rights reserved worldwide. Confidential and proprietary document. ($ in millions) LTM FY22 FY23 Q2 FY24 PF Q2 FY24 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Sales $1,820.0 $1,990.5 $2,169.5 $2,436.0 $455.1 $436.6 $452.2 $476.1 $446.3 $469.

  3. Slide 3: AAR Reconciliation of GAAP to Non-GAAP Measures (Cont'd)

    3 © 2024 AAR CORP. All rights reserved worldwide. Confidential and proprietary document. AAR Reconciliation of GAAP to Non - GAAP Measures (Cont’d) Adjusted Operating Income and Adjusted Operating Margin 1 ($ in millions) LTM FY22 FY23 PF Q2 FY24 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY

  4. Slide 4: Triumph Product Support Business Reconciliation of Adjusted Operating Income and Net Income

    4 © 2024 AAR CORP. All rights reserved worldwide. Confidential and proprietary document. ($ in millions) LTM FY22 FY23 Q3'24 Operating income 29.1 28.0 29.6 Investigation and remediation costs - - - Acquisition and amortization costs - - - Customer bankruptcy and credit charges - - - Government subs

AAR — Merger or Acquisition (February 2024) on 6ix