Triumph : First Quarter 2023 Earnings Presentation

First Quarter FY'23

Earnings Conference Call

Daniel J. Crowley, Chairman, President and Chief Executive Officer James F. McCabe Jr., Senior Vice President and Chief Financial Officer

FORWARD LOOKING STATEMENTS

This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often, but not always, identified by words such as "anticipate", "believe", "expect", "plan", "intend", "project", "may", "will", "should", "could", or similar words suggesting future outcomes or outlooks. These forward-looking statements include, but are not limited to, statements of expectations of or assumptions about strategic actions, objectives, expectations, intentions, aerospace market conditions, aircraft production rates, financial and operational performance, revenue and earnings growth and profitability and earnings results. These statements are based on the current projections, expectations and beliefs of TRIUMPH's management. These forward looking statements involve known and unknown risks, uncertainties and other factors which could cause actual results to differ materially from any expected future results, performance or

achievements, including, but not limited to, competitive and cyclical factors relating to the aerospace industry, dependence on some of TRIUMPH's business from key

customers, requirements of capital, uncertainties relating to the integration of acquired businesses, general economic conditions affecting TRIUMPH's business segments, product liabilities in excess of insurance, technological developments, limited availability of raw materials or skilled personnel, changes in governmental regulation and oversight and international hostilities and terrorism. Further information regarding the important factors that could cause actual results, performance or achievements to differ from those expressed in any forward-looking statements can be found in TRIUMPH's reports filed with the SEC, including in the risk factors described in TRIUMPH's Annual Report on Form 10-K for the fiscal year ended March 31, 2022.

2

TRIUMPH / Q1 FY'23 / AUG 3, 2022

Q1 FY'23 Takeaways

• Organic sales growth…Strong BtB…ramp up continuing
• Continuing backlog up 7% on commercial demand
• Proactively addressing supply chain / inflation risks
• Completed Stuart divestiture
• Updating revenue and earnings guidance while reiterating cash guidance

CONSOLIDATED HIGHLIGHTS

SALES BY ENDMARKET (Q1 FY23)	ADJUSTED OPERATING INCOME (Q1 FY23)
		$0.4B	$49M
Non-Aviation
3%			Aerospace Structures
Military MRO
31%
15%
Commercial
MRO, 14%
		Commercial OEM	Systems & Support
46%
69%
Military
OEM
23%

+1%

Organic Growth

1.55:1

Book to Bill Ratio

$1.5B

Backlog as of 6/30/22

3

TRIUMPH / Q1 FY'23 / AUG 3, 2022

STRONG GROWTH ACROSS DIVERSE CUSTOMER BASE

TRIUMPH Q1 Systems & Support Book to Bill Ratio: 1:55

Bookings up 67% over Q1 FY'22

Significant Diversity Between

Fixed Wing, Rotorcraft,

Commercial, and Military

New Business Wins	Customer
737 MAX Snubbers	Spirit AeroSystems
A320 Nacelle Overhaul	Major Australian Carrier
Classified Fighter Program Hydraulics	Multiple
A321XLR Passenger Door Insulation	AVIC
Nuclear Power Plant Control System	Westinghouse
787 Landing Gear Repair	Moog

		Follow-on Business	Customer
		F/A 18 AMAD MRO	US Navy
		C-17 Thrust Reverser Overhaul	Boeing Global Services
		A320 Ball Bearing Controls	Airbus
		UH-60 Cable Controls	Sikorsky
		F-16 Valve Assembly	Lockheed Martin
		JAS 39 Motor Drive Units	Leonardo

4

TRIUMPH / Q1 FY'23 / AUG 3, 2022

RECENT STRATEGIC AWARDS

Winning Across Market Regions, Missions, and Platforms

Next Generation Thermal Solutions

West Hartford

Collaborating with Lockheed Martin to mature components

• sub-systemsfor future aircraft thermal management systems targeting increased thermal capacity challenges for 5th and 6th Gen. platforms

A320 Engine Overhaul

Product Support - Thailand

Awarded 3-year agreement with a major Australian carrier to repair and overhaul V2500 nacelles across their A320 fleet

This agreement expands our MRO footprint and is

TRIUMPH's first nacelle award with this new customer.

PARTNERSHIPS

Product Support - Sanad UAE MRO Partnership

Partnering with Sanad to provide engine accessories MRO including the development of new capabilities in support of new engine fleets.

Yakima - 787 Landing Gear

Signed agreement supporting Moog's power-by-the-hour (PBH) offerings to operators - joining TRIUMPH's landing gear system IP with Moog's flight control system IP

5

TRIUMPH / Q1 FY'23 / AUG 3, 2022