Investor Presentation 2022

AEROSPACE AEROSPACE - SPACE ■ Space market is changing with commercialization Attractive growth rate ■ Competition is increasing LAUNCH PROVIDERS SPACEX Increased launch frequency Driving down costs Higher volume Launch vehicle reusability Commercially viable satellites Smaller satellites, higher volumes, multiple payloads per launch Plays to Woodward's core strengths of propulsion and motion control Woodward is winning: several contracts already awarded, ongoing discussions with multiple OEMs BLUE ORIGIN Orbital ATK Relativity abl space systems ULA United Launch Alliance Virgin INVESTOR PRESENTATION 2022 59 ORBIT O WOODWARD, INC. | PROPRIETARY WOODWARD

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