Investor Presentation 2022

AEROSPACE MARKET OUTLOOK: COMMERCIAL AEROSPACE MARKET ■ 'Pandemic pause' - deep impacts to OE production and MRO INVESTOR PRESENTATION 2022 ■ Domestic and Regional traffic/flight miles near 2019 levels; international traffic lags ■ OEM build rates recovering; anticipate to exceed 2019 levels by ~2023 Expect MRO activity recovery by ~2024; provisioning sales restart ■ 737 MAX back in service | 37 O WOODWARD, INC. | PROPRIETARY WOODWARD

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