FTAI Aviation (FTAI) Investor presentation summary

2025 financial targets and cash flow outlook

• Targeting $650 million in Adjusted Free Cash Flow for 2025, with $350 million expected in the first half and $300 million in the second half, net of major investments and SCI equity contributions.

• Projected Adjusted EBITDA for 2025 is $1.1 billion, excluding gains on sales and insurance proceeds.

• Plans to complete sales of the Seed Portfolio to SCI by Q2 2025 and recycle $300 million of proceeds into new leasing assets.

• Inventory strategy includes selective procurement of CFM56 piece-parts at cost-effective pricing, with significant investment in the first half to support a production ramp from Q2 to Q4 2025.

• SCI equity investment aligns with the deployment of $4 billion in capital and supports ongoing growth initiatives.

Non-GAAP financial measures and definitions

• Adjusted EBITDA excludes items such as taxes, equity-based compensation, acquisition expenses, and non-cash charges, and includes pro-rata share from unconsolidated entities.

• Adjusted Free Cash Flow is net operating and investing cash flows adjusted for non-recurring and extraordinary items to better reflect cash-generating ability.

• Reconciliations to GAAP measures are provided in the appendix, with detailed breakdowns for the three months ended March 31, 2025.

Forward-looking statements and risk considerations

• Financial targets and projections are subject to risks and uncertainties, with actual results potentially differing materially from forward-looking statements.

• Past performance is not indicative of future results, and all projections should be considered in light of potential market and operational risks.

• The presentation is for informational purposes only and does not constitute an offer to buy or sell securities.