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AAR's Component Services facility in Amsterdam ranked No.1 Best Source of Repair by NATO Support and Procurement Agency

1. AAR's Amsterdam facility named best repair source by NATO and IAMCO. 2. Recognition highlights AAR's quality and delivery for NATO's AWACS fleet. 3. This is AAR's sixth award for top source of repair facilities. 4. Strong competition was faced from other service providers in the industry. 5. AAR's recognition reinforces its commitment to excellence in aviation services.

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Why Bullish?

The award signals AAR's strong position in the competitive defense market. Historical trends show awards can lead to investor confidence and stock price increases.

How important is it?

The recognition enhances AAR's competitive standing and market perception, driving potential future sales.

Why Long Term?

Recognition enhances AAR's reputation, likely yielding long-term contracts and revenue growth. Similar previous awards led to sustained business from NATO and related clients.

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WOOD DALE, Ill., March 10, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that its Component Services facility in Amsterdam has been named a "Best Source of Repair" and ranked number one among all component source of repair (SOR) facilities by the NATO Support and Procurement Agency (NSPA) and the International Aerospace Management Company (IAMCO). Both organizations manage maintenance work for NATO. AAR's Component Services facility in Amsterdam is recognized for its superior product quality, timely delivery, quality assurance services, and component support on the NATO Airborne Warning and Control System (AWACS) fleet. "We are honored to receive this prestigious recognition once again as a testament to the hard work, dedication, and passion of our entire team," said Arnold Koster, AAR's General Manager of Component Services – Amsterdam. "We are proud of the work we deliver and strive to continue building on this success to support the readiness mission of NATO." "NSPA congratulates AAR for their selection as the top SOR. With strong competition from other SORs, AAR managed to once again come out on top and this will be the sixth time that they receive this award," said Radek Chlistovsky, NSPA Chief of Component Maintenance & Support. "NSPA acts in the market to link industry capabilities and nations' requirements to find the most cost-effective and efficient solutions, whether for national or collective defence. Our procurement processes rely on competition, transparency, integrity and equal treatment to all companies bidding on our offers, to ensure the cost and operation benefits for our customers are maximized." "IAMCO extends its congratulations to the AAR team for being recognized as the Best Source of Repair. This outstanding achievement underscores AAR's unwavering commitment to excellence and reliability, solidifying its position as a cornerstone in the NATO AWACS program. This recognition is a testament to the team's dedication and hard work in delivering top-quality services," said Bernard Masuy, IAMCO Branch Manager – Components. For more information on AAR's Component Services, part of the Company's Repair & Engineering segment, visit https://www.aarcorp.com/en/services/component-services/. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com. About NSPA The NATO Support and Procurement Agency (NSPA) is NATO's lead organisation for multinational acquisition, support and sustainment in all domains. NSPA is headquartered in the Grand Duchy of Luxembourg, with main operational centres in France, Hungary and Italy. The Agency employs over 1,500 staff and oversees more than 500 contractors worldwide. About IAMCO IAMCO is a multinational joint venture company founded in 1991. As an industrial prime contractor, IAMCO is responsible for management of collaborative efforts in depot-level maintenance of NATO's E-3A Airborne Warning and Control System (AWACS) fleet, including the maintenance of engines and aircraft components. This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management's control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Contact: Media Team+1-630-227-5100[email protected] SOURCE AAR CORP.

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