AAR (AIR) Proxy filing summary

Executive summary

• Leadership team is executing a clear strategy focused on customer success, growth, and long-term value creation.

• Capital allocation is disciplined and balanced to drive value.

• High-performance culture emphasizes safety, quality, compliance, and execution.

• Governance profile is strong, with ongoing evaluation and incorporation of stockholder feedback.

Voting matters and shareholder proposals

• Annual say-on-pay stockholder vote is held.

• Board refreshment processes have added four new directors in the last four years.

Board of directors and corporate governance

• Board includes a mix of experienced leaders with expertise in aerospace, finance, government, and compliance.

• 10 independent directors, average tenure of 9 years, average age 66.

• Practices include majority voting, stock ownership guidelines, annual stock grants, independent compensation consultant, and regular evaluations.

• Ethics hotline, code of conduct, and related person transaction policy in place.