Investor Presentation • Mar 26, 2025
Investor Presentation
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This presentation may contain certain forward-looking statements withing the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words "expects", "anticipates", "targets", "goals", "projects", "intends", "plans", "believes", "seeks", "estimates", variations of such works and similar expressions identify forward-looking statements and any statements regarding TAT's future financial condition, results of operations and business are also forward-looking statements. These forward-looking statements involve certain risks and uncertainties, Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others, the following factors: continued compliance with government regulations; general economic conditions; and political, economic and military conditions in Israel
Any forward-looking statements in this presentation are not guarantees of future performance, and actual results, developments and business decisions may differ from those contemplated by those forward-looking statements, possibly materially. Except as otherwise required by applicable law, TAT disclaims any duty to update any forward-looking statements.
Additional discussions of risks and uncertainties that may affect the accuracy of forward-looking statements included in this presentation or which may otherwise affect TAT's business is included under the heading "RISK FACTORS" in TAT's filings on Forms 20-F and 6-K, which are filed from time to time.
OEM : Original Equipment Manufacturer MRO : Maintenance, Repair & Overhaul APU : Auxiliary Power Unit LTA: Long-Term Agreement LG : Landing Gear HX : Heat Exchanger

TAT is a trusted partner, proactively solving complex aerospace challenges to enable our partners to operate with confidence and achieve operational success across their thermal, APU and landing gear systems.

Experienced senior management team with significant depth, longevity and industry experience.
CHAIRMAN OF THE BOARD Since 2016
PRESIDENT & CHIEF EXECUTIVE OFFICER Since 2016
CHIEF FINANCIAL OFFICER Since 2018

Major General (ret.) Former Head of the Israeli Defense Intelligence and Commander of the IDF Ground Forces Command. Retired 2002.
Previous Positions: Chairman of the Board, Logic Industries, Ltd. Chairman of the Boards, Plasan Sasa, Ltd. CEO, Elul Technologies, Ltd.

Previous Positions: President, Mapco Express (subsidiary of Delek US Holdings, Inc) CEO, Metrolight, Ltd. CEO, Rostam, Ltd

Previous Positions: CFO, SHL Telemedicine (SHLTN) CFO & Vice CEO, Opgal Optronics (Subsidiary of Elbit Systems and Rafael) CFO, Orad Hi Tech Systems (OHT)

Previous Positions: GM, VP Manufacturing, Proterra Sr. Director Operations, Honeywell Aerospace Surface Warfare Officer, US NAVY
TAT Technologies is dually listed on NASDAQ (TATT) and on the Tel Aviv Stock Exchange (Hebrew) Main Shareholder: FIMI 26.5%

Thermal Systems & Components

Thermal Solutions Market Leader MRO & OEM 60+ years of experience
OEM & MRO Authorized MRO • Honeywell

APU Honeywell Licensee MRO
Authorized MRO • Gulfstream • Embraer • ATR
Partnership with Gulfstream Landing Gear MRO
Leasing & Trading Strong presence in APU leasing and parts trading 10-year exclusive contract with Honeywell

REFLECTS 2024 YEAR
High Growth Rates
Strategic Capabilities Supporting Future Growth
Strong Demand for Products & Services
Proven Leadership Team

Including Tier 1 aircraft manufacturers, system integrators and airlines Trusted Partner with 300+ Customers
\$429M Backlog & Long-term Agreements

Thermal components for power electronics
Thermal components for Environmental Control Systems Thermal components THERMAL SOLUTIONS
for Galley
Thermal components for THERMAL SOLUTIONS
fuel inerting system
MRO APU
8 INVESTOR PRESENTATION - MARCH 2025
Thermal components for hydraulic systems
LANDING GEAR
MRO




TAT Technologies delivers end-to-end thermal solutions from design and manufacturing of high-performance OEM certified systems and products for tier 1 aircraft and system manufacturers, to specialized repair and overhaul (MRO) services.
For over 70 years, TAT has widely served both U.S. and international airlines and a majority of governmentAerospace & Defense contractors.





Maintenance, Repair & Overhaul
TAT Technologies is an OEM licensed MRO service provider for multiple APU (Auxiliary Power Units) platforms representing over 25 ,000 aircraft that are still in current production . As an authorized repair facility for Honeywell, the certifications and strategic agreements position us as one of the few licensed providers and creates significant commercial advantages for us to competitively position ourselves in the market .
REVENUE (\$M)


| MRO FOR B757/767, Cil7 APU |
1.500 AIRCRAFT 10 year agreement |
Estimated annual market size \$85M |
SIGNED 09/2020 |
|---|---|---|---|
| MRO FOR B77 APU | CURRENTLY 1,600 AIRCRAFT PRODUCTION ONGOING 10 year agreement |
Estimated market size \$290M annually |
SIGNED 12/2020 |
| MRO FOR B737 & A 320 SERIES APU |
CURRENTLY 22,000 AIRCRAFT PRODUCTION ONGOING 10 year agreement |
Estimated market size >\$2,200M annually Production readiness First customer launched Q1-24 |
SIGNED 06/2021 |
| ENGINE | PLATFORM | CURRENT YEARLY MARKET SIZE |
TAT'S CURRENT MARKET SHARE |
MARKET SHARE POTENTIAL FOR THE COMING YEARS |
|---|---|---|---|---|
| 331-20X | B767,B757, C17 | \$85M | 29% | 53% - |
| 331-500 | B777 | \$290M | <1% | 10% . |
| 131 | B737. A319-21 | \$2.200M | <1% | 5% |

331-500
131


TAT Technologies delivers MRO services for landing gear systems across multiple aircraft platforms utilized across the commercial airline, business jet and military markets. We maintain strategic agreements and certifications from OEMs that ensure access to a significant portion of the market with ongoing opportunities with these fleet of aircraft.
MRO Embraer - eJet 175 aircraft
MRO ATR – 42/72 aircraft

REVENUE (\$M)


AUTHORIZED
Growing demand for MRO


TAT holds an inventory of more than 20 APU engines, mainly 331 -500 utilized on the Boeing 777 aircraft . This fleet, along with other series of APUs enables us to meet the growing demand of our customers and overcome market shortage for APUs and parts .
As an MRO service provider, TAT is involved in trading parts such as APU's parts, Heat Exchangers, Landing Gear and other parts across all TAT product lines . This allows us to maintain efficient inventory as well as on going supply of parts needed .






LTA ORDERS (\$M) Q4-2024 LTA & BACKLOG



THERMAL SYSTEMS FOR ELECTRIC AIRCRAFT & AUTONOMOUS AIRCRAFT

ADDITIVE MANUFACTURING & 3D PRINTING

FULL THERMAL SOLUTIONS TO ENGINE HEADS


Revenue by Product
| REVENUES BY PRODUCT (000, 2) |
Q4-23 | Q1-24 | Q2-24 | Q3-24 | Q4-24 | Q4YOY |
|---|---|---|---|---|---|---|
| Heat Exchange | 13.3 | 14.2 | 15.8 | 16.6 | 16.6 | 24% |
| APU | 9.2 | 9.2 | 10.7 | 10.5 | 13.0 | 42% |
| Landing Gear | 2.3 | 1.5 | 2.0 | 1.8 | 2.8 | 19% |
| Trading & Leasing | 2.2 | 2.9 | 2.0 | 5.7 | 3.3 | 48% |
| Others | 4.7 | 6.3 | 6.1 | 5.9 | 5.5 | 16% |
| Total Revenues | 31.8 | 34.1 | 36.5 | 40.5 | 41.0 | 29% |
| YOY | 36% | 35% | 36% | 35% | 29% |
| REVENUES BY PRODUCT (\$M) |
2022 | 2023 | 2024 | 2024 VS 2023 |
|---|---|---|---|---|
| Heat Exchange | 33.1 | 45.9 | 63.2 | 38% |
| APU | 18.7 | 31.4 | 43.3 | 38% |
| Landing Gear | 7.2 | 8.5 | 8.0 | -6% |
| Trading & Leasing | 6.8 | 8.4 | 13.9 | 65% |
| Others | 19.3 | 19.5 | 23.8 | 22% |
| Total Revenues | 85.1 | 113.7 | 152.2 | 34% |
| YOY | 34% | 34% |

23 INVESTOR PRESENTATION - MARCH 2025
Upward Trend Across All Financial Parameters










REVENUE (\$M)




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