StandardAero (SARO) Investor presentation summary

Business overview and market position

• Leading independent provider of aeroengine aftermarket services with a global footprint across 50+ sites and 6 continents.

• Approximately 80% of revenue comes from platforms with #1 or #2 market positions, and 77% from customers with long-term agreements.

• Focused on engine repair and overhaul, with synergistic component repair services representing 11% of revenue and 20% of segment adjusted EBITDA.

• Key partner to both OEMs and operators, serving commercial, military, business aviation, and helicopter markets.

• Maintains leadership positions on major engine platforms across their lifecycle, including LEAP, CFM56, and others.

Growth strategy and competitive advantages

• Pure play focus on the engine aftermarket, the most profitable and high-growth segment, with long-term industry tailwinds such as pent-up demand and aging fleets.

• Differentiated OEM-aligned and independent business model underpins longstanding relationships with major OEMs and operators, some exceeding 60 years.

• Strategic global network and scale, with ~8,000 employees and 6 million sq. ft. of production area.

• Significant investment in component repair since 2017, growing to over $500M and achieving a 29%+ adjusted EBITDA margin in this segment.

• Proven track record of value-accretive M&A, expanding capabilities, reach, and synergy realization.

Financial performance and segment results

• Q3 2025 revenue reached $1,498M (+20.4% YoY), with adjusted EBITDA of $196M (+16.1% YoY); YTD 2025 revenue was $4,462M (+16.6% YoY) and adjusted EBITDA $598M (+18.6% YoY).

• Commercial aerospace, military & helicopter, and business aviation segments all posted double-digit YoY growth in Q3 2025.

• Engine Services accounted for 89% of revenue and 80% of segment adjusted EBITDA; Component Repair Services delivered a 30.7% adjusted EBITDA margin in Q3 2025.

• Net debt to adjusted EBITDA improved to 2.9x in Q3 2025 from 5.3x in Q3 2024.

• Free cash flow for Q3 2025 was $(18.7)M, reflecting ongoing investments and capital expenditures.