Investor Presentation 2022

OPERATIONS UPDATE OPERATIONAL EXCELLENCE - WOODWARD PRODUCTION SYSTEM WOODWARD PRODUCTION SYSTEM (WPS) ■ Four key elements work together to promote operational performance, enhance quality and improve product flow. Lean principles applied throughout WPS. ■ Value Stream Architecture Leader Standard Work Continuous Improvement and Process Adherence Sales, Inventory and Operations Planning INVESTOR PRESENTATION 2022 81 RUE NORT N I RFORMANS O WOODWARD, INC. | PROPRIETARY WOODWARD

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