Investor Presentaiton

-ATTRACTIVE INVESTMENT OPPORTUNITY Strong balance sheet and emerging free cash flow Strong existing base of leased aircraft ATSG has a best-in-class value proposition for investors to a well-positioned global e- commerce enabler. Our bundled solutions, including leasing, flying, and support services offers higher returns for shareholders, opportunities for our people, and flexible solutions for our customers. Conversion slot and feedstock position a competitive advantage ATSG AIR TRANSPORT SERVICES GROUP E-commerce demand outlook remains positive Bundled solution set unmatched in the industry New aircraft platforms build on midsize credibility looking toward the future Slide 1 62 ATSG

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