TAT investors 230516

TATTechnologies

CorporatePresentationMay2016

ForwardLookingStatements

Thispresentationmaycontaincertainforward-lookingstatementswithinthemeaningofthe“safeharbor”provisionsofthePrivateSecuritiesLitigationReformActof1995.Generally,thewords“expects,”“anticipates,”“targets,”“goals,”“projects,”“intends,”“plans,”“believes,”“seeks,”“estimates,”variationsofsuchwordsandsimilarexpressionsidentifyforward-lookingstatementsandanystatementsregardingTAT’sfuturefinancialcondition,resultsofoperationsandbusinessarealsoforward-lookingstatements.Theseforward-lookingstatementsinvolvecertainrisksanduncertainties.Factorsthatcouldcauseactualresultstodiffermateriallyfromthosecontemplatedbytheforward-lookingstatementsinclude,amongothers,thefollowingfactors:continuedcompliancewithgovernmentregulations;competitionintheindustryinwhichTATdoesbusiness;TAT’sbusinessstrategyandplans;exchangeratefluctuations;generaleconomicconditions;andpolitical,economicandmilitaryconditionsinIsrael.Anyforward-lookingstatementsinthispresentationarenotguaranteesoffutureperformance,andactualresults,developmentsandbusinessdecisionsmaydifferfromthosecontemplatedbythoseforward-lookingstatements,possiblymaterially.Exceptasotherwiserequiredbyapplicablelaw,TATdisclaimsanydutytoupdateanyforward-lookingstatements.Additionaldiscussionsofrisksanduncertaintiesthatmayaffecttheaccuracyofforward-lookingstatementsincludedinthispresentationorwhichmayotherwiseaffectTAT’sbusinessisincludedundertheheading“RISKFACTORS”inTAT’sfilingsonForms20-Fand6-K,whicharefiledfromtimetotime.

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InvestmentHighlights

TATisaleadingproviderofheatmanagementsolutions,relatedaccessoriesandservicesfortheaerospaceanddefenseindustries.

Targetmarkets

✓ DesignandManufacturing(OEM)Heatmanagementsolutions:componentsandsystems

✓ Maintenance,repairandoverhaul(MRO)Heatmanagementsolutions,APU,landinggears,jetenginesblades

Foundedin1969

AcquiredLimcoin1993AcquiredPiedmontin2005

AcquiredChromalloyIsraelin2015

>500customers

(Boeing,LockheedMartin,Airbus,Embraer…)

Revenue:YTDMarch312015:$20.5MYTDMarch312016:$23.6M

Morethan600employeesin4locations:

GaderaandKiryatGat,IsraelTulsa,Oklahoma,USA

Kernersville,NorthCarolina,USA

NASDAQandTelAvivstock

exchangetraded(Ticker:TATT)

54%heldbyFimiOpportunityFunds

TATGroup–KeyFacts

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TATGroup–SeniorManagement

▪ InpositionsinceAugust2013

▪ ChairmanoftheBoardofTadir-

GanPrecisionProducts,RavalACS,

BagirGroup,andGinegarPlastic

Industries

SamuelVlodingerChairmanoftheBoard

▪ InpositionsinceApril2016

▪ Priorexperience:

▪ President–MapcoExpress(subsidiary

ofDelekUSHoldingsInc)

▪ CEO–MetrolightLtd

▪ CEO–RostamLtd(acquiredbyAlbaad

MassoutYitzhakLtd)

IgalZamirPresident&CEO

▪ InpositionsinceJuly2015

▪ Priorexperience:

▪ CFO–Altair-Semiconductors

▪ CFO–Provigent-acquiredby

Broadcom(NASDAQ:BRCM)

▪ Seniorauditor-PwC

GuyNathanzonCFO

AviationIndustry–MarketTrends

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1.TargetMarkets

Designandmanufacturingofheatmanagementcomponents

✓ Heat exchangers ✓ Cold plates ✓ Oil Coolers ✓ Fuel submerged HX

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TargetMarkets

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Designandmanufacturingofheatmanagementsystems

✓ From components to system level ✓ PECS: power electronics cooling

systems ✓ Air Conditioning Systems

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3.TargetMarkets

Designandmanufacturingoffuelflowaccessories

✓ Fuel valves ✓ Solenoid valves ✓ Fuel control valves ✓ Fuel pumps

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4.TargetMarkets

Maintenance,repairandoverhaul(MRO)

✓ Heat Exchangers ✓ APU ✓ Landing gears ✓ Jet engines blades

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CommercialPlatforms

AirbusA300,A310,A319,A320,A321,A330 BombardierCRJ

ATR42,72 Pilatus

PC-12

Boeing737,747,767,777

SukhoiSuperJet

CessnaCJ-3,CJ-4,Citation-X,Caravan

EmbraerERJ145,ERJ170,ERJ190

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DefensePlatforms

BoeingF-15

Boeingv22

BoeingF-18

BoeingCH-47

BoeingAH-64

IronDome

SikorskyUH-60

SikorskyCH-53LockheedMartin

F-16

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HydraulicSystems•FuelSubmergedOilCooler•AirCooledOilCooler

ComponentLocations

PowerElectronics• ColdPlates

(WeatherRadars+Avionics+Entertainment)

• HeatExchangers(Same)

APU•OilCooler

Engine•OilCooler

Galley•AuxiliaryHX•Chillers

AirSystems• Pre-cooler(BleedAirSystem)• EmergencyHX(BleedAirSystem/ECS)• Condenser(ECS)• Reheater(ECS)• DualHeatExchanger(ECS)• Humidifier(HumidificationSystem)• OzoneConverter(ECS)• WaterExtractor(ECS)

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ComponentLocations

HydraulicSystems•OilCooler

Engine•OilCoolerMainGearbox

•OilCooler

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Servicecenters AirForces

CustomerBase

AirLinesOEM

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Strength/Differentiators

Over40yearsofexperience–provencompetenceindemandingaerospace

world

Technology

Uniquemanufacturingcapabilities–4facilitiesworldwide,includingdipbrazingandvacuumbrazing,EBW

ManufacturingExpertise

FAA,EASA,AS9100,HoneywellauthorizedrepaircenterforAPUs

CustomersRelationshipsandCertifications

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CapabilitiesandExpertise

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Certifications

✓ AS 9100

✓ ISO 9001 ✓ Preferred Supplier for: Boeing,

Lockheed Martin ✓ Aviation Authorities Certifications:

FAA, EASA, DGAC, Thai, CAAV,

NADCAP

Authorized Repair Station – ✓ Honeywell

GrowthDrivers

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✓ Goingupstreaminthechain(fromcomponentstosystems)

✓ Enterintonewplatforms–aviationandground

✓ Maintenance,repairandoverhaul(MRO)ofnewparts

✓ Organicgrowthandacquisitions

✓ Expandtonewterritories:EasternEurope,Asia,UKetc

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RevenueTrend

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RevenueTrend

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Q1’162015201420132012$Millions

23.685.680.779.677.9Revenue

3.913.716.217.818.5GrossProfit

16.7%16.0%%20.122.4%23.7%GrossMargin

0.35.63.85.35.4OperatingIncome

1.3%6.5%4.7%6.7%6.9%OperatingMargin

0.055.81.42.81.7-(NetIncome(loss

1.13.65.97.27.3EBITDA

4.7%4.2%7.3%9.0%9.4%%EBITDA

FinancialResults-Annual

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FinancialResults-Quarterly

Q1’16Q4’15Q3’15Q2’15Q1’15Q4’14Q3’14Q2’14Q1’14$Millions

23.621.721.921.520.521.420.320.618.4Revenue

3.92.33.44.23.85.23.73.93.4GrossProfit

16.7%10.6%15.5%19.5%18.5%24.3%18.2%18.9%18.5%GrossMargin

0.32.90.51.11.12.20.60.70.4OperatingIncome

1.3%13.5%2.3%5.4%5.3%10.1%3.2%3.2%1.9%OperatingMargin

0.0430.20.72.01.10.4-0.30.4(NetIncome(loss

1.1(1)1.11.81.62.71.21.20.9EBITDA

4.7%(4.6%)5.0%8.4%8.0%12.6%5.8%5.7%4.6%%EBITDA

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StrongBalanceSheet

Q1’16201520142013$Millions

26.026.828.029.9CashAndDeposits

70.870.870.873.8WorkingCapital

111.4109.699.2108.9TotalAssets

0.00.00.00.9Debt

91.991.485.585.6Equity