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Investor Presentaiton

Operational Benchmarking Bridger's Projected 122% 12% 11% 10% CY2023E Revenue Growth 6% 4% 4% CY2023E Defense Electronics Median = 8% CY2023E Specialty Aviation Median = 11% 14% 11% 10% Revenue Growth and Margin Profile are AEROSPACE BRIDGER AV KRATOS MAXAR mercury TELEDYNE DEFENSE & SECURITY SOLUTIONS TECHNOLOGIES AeroVironment" L3HARRIS™ FAST. FORWARD. HEICO TRANSDIGM HOWMET AEROSPACE Vige GROUP INC. Favorable Versus Peers CY2023E Adj. EBITDA Margin Source: CaplQ, Company Management, BAMSEC, public filings as of November 30, 2022. BRIDGER AEROSPACE 57% 27% 24% 21% 21% 18% 9% MAXAR TECHNOLOGIES CY2023E Defense Electronics Median = 21% CY2023E Specialty Aviation Median = 27% 50% 27% 24% TELEDYNE L3HARRIS mercury AV KRATOS GROUP INC. TRANSDIGM HEICO FAST FORWARD HOWMET AEROSPACE AeroVironment" DEFENSE & SECURITY SOLUTIONS 34
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