Investor Presentaiton

THE NORTH WEST COMPANY 3. NSA Performance Q1 - Q2 Actions to address: • • • Third owned ATR 72-500 will be in service in early Q2, replacing $1-1.5 million in third party aircraft expense and helping to scale ATR parts inventory utilization Ongoing plane load optimization is expected to generate $0.5 million - $1.5 million in load efficiency this year One or more Basler aircraft may be traded for ATR 42 aircraft to scale parts utilization, improve revenue margins and reduce insurance renewal rate risks Where NSA rates are below comparable NWC third party cargo service providers, adjustments will be made 13

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