SR Technics 2016 WELCOME TO SR TECHNICS

SR Technics 2016 WELCOME TO SR TECHNICS

SR Technics at a glance Key figures SR Technics is a leading independent airline maintenance provider with an average workforce of over 3,300 employees worldwide Financials Operative presence By product segment: 3,300 employees worldwide Line Maintenance Airframe Facilities: Hangars, work shops, test cells, offices Main facilities Components Zurich (aircraft, component, engine MRO services, aircraft modification and refurbishment solutions) Malta (Center of Excellence for narrowbody aircraft) Engines Kuala Lumpur (component repairs) Cork (engine piece part repair) Belgrade (administrative services) SR Technics 2016 2

SR Technics Leadership Team CEO Jeremy Remacha Operations Frank Walschot Aircraft Services Michael Sattler Component Services Oliver Grassmann Engine Services Jean-Marc Lenz Line Maintenance Jakob Straub Training Services Stephan Wiegelmann Quality & Safety Antonio Härry Finance Sven Kussmann Commercial Frank Walschot (a.i.) IT Norbert Hoffmann Human Resources Constanze Timpe Legal & Compliance André Huber Corp.Strategy & Program Mgmt. Emily Belgrade Communications Minna Levanto SR Technics 2016 3

Main differentiation factors Leading quality and operational performance Innovative maintenance solutions World-class craftsman ship quality and short TAT s for maintenance and engine shop visits SR Technics managed fleets have a significantly higher technical dispatch reliability Skilled people with fast problem solving ability Airliner cabin modifications including full scope in-house design engineering, part production and certification capabilities, comprehensive integrated component and engine maintenance and availability services Full service provider Maintenance provider for airline and VIP operators with airframe, component and engine capabilities, extensive design and engineering as well as technical management experience, Training and VIP services, coupled with inventory financing and pooling solutions Diversified global customer base SR Technics builds on long-term partnerships with a diversified global customer base that includes flagship and low-cost carriers Strategic cooperations & partnerships SR Technics sets a focus on developing strong partnerships and cooperations with aircraft leasing companies and Original Equipment Manufacturers (OEMs) to provide maximum leverage for all customers Mubadala leverage As part of a larger network of companies, SR Technics is able to provide maximum leverage for all Mubadala customers SR Technics 2016 4

Mubadala leverage Maximum leverage for all our customers MRO Financing Training Strategic partners Partners OEM partnerships: Leading MRO services Full-service MRO providing a combination of airframe, engine and component maintenance services in integrated packages Full suite of financing solutions Engine sale and leaseback Component sale and leaseback Inventory financing and pooling Excellence in maintenance and flight training Training programs on Airbus and Boeing aircraft Engine maintenance training for corresponding engines Strategic and joint venture partners: SR Technics 2016 5

Full service provider geographic footprint Main facilities in Zurich, Malta, Kuala Lumpur, Cork and Belgrade Main Facilities Other Maintenance Facilities Sales Offices Line Stations Training Centers Cork London Madrid Zurich Belgrade Moscow Regional distribution centers Miami Palma de Mallorca Malta Abu Dhabi Mumbai Shanghai Glasgow Belfast Edinburgh Kuala Lumpur Singapore Stansted Bristol Feltham Gatwick Basel Paris ORY Geneva Sydney Melbourne Marseille SR Technics 2016 6

Overview service portfolio Full spectrum of repair and overhaul services Aircraft Components Engines Comprehensive aircraft maintenance, modification and refurbishment solutions for Airbus and Boeing fleets including line maintenance for private and commercial aircraft Design & Engineering Services Line Maintenance Over 50,000 part numbers on Airbus and Boeing fleets Management of entire component MRO program Rotable inventory management (Armac Systems) CFM56-5B/5C/7B (over 2,000 engine shop visits in total) PW4000-94 /100 (over 2,200 shop visits in total) Piece part repair End-of-life solutions (AerFin) Wide range of independent and bundled services Integrated solutions combining MRO activities Component and engine finance, sale and leaseback Technical Training SR Technics provides the full spectrum of MRO services to its customers and business partners beyond standard and is well positioned for long term relations SR Technics 2016 7

Aircraft Services Capabilities and experience Capabilities for Airbus A320 family / A330 / A340 all series / Boeing 737 NG and continuously developing new Customized turn-key solutions including embodiment and refurbishment for complex cabin modifications and innovative engineering services for private and commercial aircraft Specialized team with longstanding experience and lean structures Innovative management of complex cabin modification programs and enhanced program management covering combined Part 21J, Part 21G and Part 145 activities Key differentiation factors In-house engineering and manufacturing capabilities throughout all disciplines with an impeccable track record on refurbishment projects including on-time delivery 99% on time delivery (OTD) World-class quality and safety standards Extensive in-house capabilities SR Technics has experience of over 7,000 light, base and heavy maintenance checks with relevant Airbus and Boeing fleets SR Technics 2016 8

Component Services Capabilities and experience Over 40 years successful experience supporting customers with integrated services Large Boeing and Airbus fleet allows operators to take advantage of economies of scale and a unique base of technical expertise Continuously developing new capabilities Status as an independent MRO means major customers needs are not subject to the priorities of a parent carrier Key differentiation factors Customer-tailored solutions from single services up to fully integrated component services Pool supply concept with guaranteed component availability Component inventory financing solutions in partnership with Sanad Facilities with state-of-the-art systems: outstanding component reliability and best-in-class TAT SR Technics currently has over 1,050 aircraft from more than 40 customers under an integrated component services agreement SR Technics 2016 9

Engine Services Capabilities and experience More than 50 years engine service experience Capabilities: CFM56-5B/-5C/-7B and PW4000 (-94/-100) series Experience of over 2,000 shop visits on the CFM56 and over 2,200 shop visits on the PW4000 Comprehensive in-house engine parts repair services Key differentiation factors End-of-life solutions with AerFin A leading independent full service MRO Able to offer shortest TAT of 45 days and excellent on-time delivery track record Holistic workscoping for individual engines, achieving lower life cycle costs through longer on-wing time for CFM56 series Market leading spare engine financing and pooling solutions in partnership with Sanad Fully certified CFMI and P&W warranty shop Engine part repair development capability under EASA Design Organization Approval Certificate EASA Part 21J.358 SR Technics has extensive engine repair capabilities and MRO know-how based on more than 2,000 CFM56 and 2,200 PW4000 shop visits SR Technics 2016 10

Line Maintenance Capabilities and experience Over 40 line maintenance aircraft type/engine combinations covering Airbus, Boeing, Embraer and Fokker More than 500 highly skilled engineers and mechanics, based across 15 stations within Europe Full standard services portfolio (e.g. pre-flight, daily checks and line A Checks) through to complementary services (e.g. AOG field team support, engine borescoping, sheet metal and composite repairs, engine and aircraft washing and operational support) Key differentiation factors Growing new technology aircraft experience within Line & Light Maintenance such as Airbus A350, A380, Boeing 787 and B777 World-class quality and safety standards driven by SR Technics dedicated and skilled Quality & Safety team, 100% engaged during 24/7 operations Committed to embrace and experience with new technology aircraft such as Airbus A350 and Boeing 787 Technical dispatch reliability targets of >99.2% regularly exceeded for our full support customers SR Technics supports around 122,000 line maintenance events every year SR Technics 2016 11

Training Services Capabilities and experience More than 50 years training service experience Over 50 highly qualified instructors with hands-on experience Serving more than 30 airline customers from around the world Key differentiation factors The whole range of technical training products, from vocational education via A/B1/B2 basic training to type training for almost all current Airbus and Boeing models Blended learning approach using classroom courses, practical training and web based training for flexible training options State-of-the-art classrooms equipped with the latest simulation technologies Access to SR Technics own maintenance facilities and workshops SR Technics Training Services provides seamlessly connected maintenance training capabilities across the globe SR Technics 2016 12

Latest achievements Aircraft Services Industry leading TAT on embodiment of Airbus widebody cabin modification nose-to-tail progam Successful execution of turn-key modification of Airbus widebody cabin modification covering STC development, material management and implementation Component Services Engine Services Line Maintenance Industry leading TDR of operators supported by component support program Enhancement of operating network by new repair operation in Malaysia New comprehensive support programs launched for Boeing 787 (i.e. Etihad fleet) Integration of inventory planning solution provided by Armac Systems PW4000, CFM56-5B, -5C and -7B; engine TAT reduced from 60 to 45 days Development of adaptive laser cladding repair for LPT turbine blades SR Technics Airfoil Services first approved OEM repair station for CFM56-7B LPT blades Won ATE&M Award 2014 as «Best Line Maintenance Provider» New Line Maintenance capability extensions with A350, A380, B787 and B777 Training Services Opening SR Technics training center in Masdar City in October 2015 Servicing the UAE and close region and hosting ERY courses Received new CASA approval from the Australian Civil Aviation Safety Authority SR Technics 2016 13

Company developments 2016 Vietjet selects SR Technics as a strategic partner for Component Services. GMF AeroAsia and SR Technics to collaborate on MRO engineering and network opportunities. SR Technics to cooperate with S7 ENGINEERING in Russia. SR Technics established in Zurich a Center of Excellence for Cabin Modification. 2015 Cornerstone contract with Etihad Airways for ICS. Joint launch of BEYOND.FLEET.SERVICES with AerFin Ltd. followed by extension and expanding engines contract with airberlin and a multi-year contract with Lion Air. Additional cabin modification for SAS and new major refurbishment contract with Air Europa. 2014 Opening of new component repair facility in Malaysia in Q1 2014. 2013 Extension of strategic partnership and cooperations with Etihad Airways for ICS, Japan Airlines for engine services and a joint venture with Aigle Azur for Line Maintenance. 2012 Cornerstone contract with Finnair signed for engine maintenance and ICS. 2011 Mubadala Development Company gains sole ownership of SR Technics. Launch of the VIP business. New five-year contract with SWISS for aircraft maintenance and component services. 2010 Opening of a new major facility in Malta for maintenance of Airbus A320 family. 2009 Mubadala Development Company acquires majority control of SR Technics. 2006 Mubadala Development Company, Dubai Aerospace Enterprise and Istithmar World become new owners of SR Technics. 2005 Strengthening of market position and build-up of a global presence, with the acquisition of SR Technics Airfoil Services in Cork, Ireland and over 800 aircraft under contract from customers. The contract with easyjet marks a significant milestone in the industry. 2004 SR Technics acquires FLS Aerospace and integrates it into the Group. 2002 SR Technics is transferred to new ownership (3i and Star Capital as major shareholders). 1997 SR Technics formerly the technical department of Swissair since its establishment in 1931 establishes as a separate subsidiary within SAirGroup. SR Technics 2016 14

Thank you for your attention. www.srtechnics.com SR Technics 2016