Company Overview - TransDigm Group is a leading global designer, producer, and supplier of highly engineered aircraft components for nearly all commercial and military aircraft in service today [3] - Major product offerings include mechanical/electro-mechanical actuators, ignition systems, specialized pumps and valves, power conditioning devices, and various other advanced aerospace components [3] Upcoming Earnings Report - TransDigm Group will report its fiscal 2025 third quarter earnings before the market opens on August 5, 2025 [1] - A conference call will follow at 11:00 a.m. Eastern Time, with options for telephonic participation and a live audio webcast available online [2]

Group 1 - TransDigm Group has successfully completed the acquisition of Servotronics, with a tender offer price of $47.00 per share in cash [1][2][3] - A total of 2,228,197 shares of Servotronics' common stock were validly tendered, representing approximately 87.09% of outstanding shares [2] - The merger was completed without a vote from Servotronics' stockholders, as TransDigm acquired a sufficient number of shares [3] Group 2 - Outstanding shares of Servotronics that were not tendered will be converted into the right to receive the tender offer price [4] - Servotronics' common stock will cease trading on NYSE American, and a notice of delisting is expected to be filed [4] Group 3 - TransDigm Group is a leading global designer and supplier of highly engineered aircraft components for commercial and military aircraft [6] - Major product offerings include mechanical/electro-mechanical actuators, ignition systems, specialized pumps, and various aerospace components [6] Group 4 - Servotronics designs and manufactures servo controls and components for commercial and government applications, including aerospace [7]

Core Viewpoint - TransDigm Group has announced a definitive agreement to acquire Simmonds Precision Products, Inc. from RTX Corporation for approximately $765 million in cash, which includes certain tax benefits [1][3]. Company Overview - Simmonds, based in Vergennes, Vermont, is a leading global designer and manufacturer of fuel & proximity sensing and structural health monitoring solutions for aerospace and defense markets [2]. - The company generates about 40% of its revenue from the aftermarket, with nearly all revenue coming from proprietary products [2]. - Simmonds is projected to generate approximately $350 million in revenue for the calendar year ending December 31, 2025, and employs around 900 people [2]. Strategic Fit - The acquisition aligns with TransDigm's strategy of investing in highly engineered, proprietary products with substantial aftermarket content [3]. - Simmonds holds established positions across various commercial and defense platforms, making it an industry leader in its technology [3]. - TransDigm anticipates that this acquisition will create equity value consistent with its long-term private equity-like return objectives [3]. Financing and Regulatory Aspects - The acquisition is expected to be financed through existing cash on hand [3]. - It is subject to regulatory approvals in the United States and customary closing conditions [3].

Core Viewpoint - Star Equity Fund's advocacy led to Servotronics agreeing to be acquired by TransDigm at a significant premium, creating substantial value for shareholders [1][2]. Group 1: Transaction Details - TransDigm will acquire all outstanding shares of Servotronics at $47.00 per share in an all-cash transaction, representing a 357% premium over the closing price on May 16, 2025 [1]. - The transaction was a result of a strategic review initiated by Servotronics' Board, influenced by Star Equity Fund's sustained pressure and advocacy [2]. Group 2: Shareholder Advocacy - Star Equity Fund's campaign included director nominations and various communications with the Board, which led to shareholder-friendly actions that may not have occurred otherwise [2]. - The advocacy highlighted that Servotronics' shares were undervalued and that its intrinsic value was higher than its trading price as a standalone public company [2]. Group 3: Stakeholder Benefits - The acquisition by TransDigm is expected to benefit all stakeholders of Servotronics, including employees and customers, according to the Portfolio Manager of Star Equity Fund [3]. - The efforts of significant shareholders and directors contributed to achieving this favorable outcome for all shareholders, including the Company's Employee Stock Ownership Plan (ESOP) [3]. Group 4: Company Background - Star Equity Fund, LP is focused on unlocking shareholder value through engagement with management teams across its portfolio companies [4]. - Star Equity Holdings, Inc. operates in three business divisions: Building Solutions, Energy Services, and Investments [5].

Financial Performance & Outlook - Q4 FY15 revenue increased by 26.1% to $809.8 million, compared to $642.2 million in Q4 FY14 [22] - Net income for Q4 FY15 increased by 24.0% to $141.7 million, compared to $114.3 million in Q4 FY14 [22] - Adjusted EPS for Q4 FY15 increased by 28.1% to $2.83, compared to $2.21 in Q4 FY14 [22] - The company anticipates FY 2016 revenues between $3.07 billion and $3.12 billion [19] - The company anticipates FY 2016 EBITDA As Defined between $1.405 billion and $1.425 billion, representing 45.7% of sales [19] Market Segment Performance - Commercial OEM revenue was up approximately 5% year-to-date [16] - Commercial Aftermarket revenue was up approximately 5% year-to-date [16] - Defense revenue was up approximately 9% year-to-date [16] Liquidity & Debt - Free cash flow for FY 2015 was $466.0 million, compared to $507.1 million in FY 2014 [24] - Cash on hand as of September 30, 2015, was $714.0 million, compared to $819.5 million in FY 2014 [24] - Total debt as of September 30, 2015, was $8.427 billion [26]

FY 2016 FOURTH QUARTER EARNINGS CONFERENCE CALL November 14, 2016 Agenda Chairman, President and CEO COO – Power Financial Results Terrance Paradie Executive Vice President and CFO Q&A 1 TransDigm Overview W. Nicholas Howley Highlights, Market Review, Operating W. Nicholas Howley Performance and Outlook Chairman, President and CEO Operations and Value Creation Kevin Stein Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation ...

Financial Performance - TransDigm's Q4 FY2018 revenue increased by 136.5 million dollars, a 14.8% increase, from $923.9 million to $1,049.4 million [16] - Full Year FY2018 revenue increased by 766.8 million dollars, a 20.1% increase, from $3,044.3 million to $3,811.1 million [17] - Net cash provided by operating activities was $1,022.2 million in FY2018 compared to $788.7 million in FY2017 [18] - Free cash flow was $948.9 million in FY2018 compared to $717.7 million in FY2017 [18] - Adjusted EPS for FY2018 was $17.83, a 44% increase compared to $12.38 in FY2017 [17] Market Review - Q4 Commercial Aftermarket sales were up 6% [12] - Q4 Commercial OEM sales were up 1% [12] - Q4 Defense sales were up 12% [12] Fiscal Year 2019 Outlook - The industry anticipates mid to high single-digit percentage growth in commercial aftermarket [15] - The industry anticipates low to mid single-digit percentage growth in commercial OEM [15] - The industry anticipates mid to high single-digit percentage growth in defense [15]

Financial Performance - Q4 2017 - Revenue increased by 5.6% [15] - Gross Profit margin increased from 55.3% to 57.5% [15] - Adjusted EPS increased by 5.8% to $3.48 [15] Fiscal Year 2018 Outlook - Pro forma revenue is expected to be between $3,645 million and $3,725 million [13] - GAAP net income is projected to be between 25% and 28% [13] - The company anticipates net income between $702 million and $738 million [13] - GAAP EPS is expected to be between $11.61 and $12.25 [13] Liquidity and Debt - Net cash provided by operating activities was $788.7 million [16] - Capital expenditures totaled $71 million [16] - Free cash flow reached $717.7 million [16] - The company's net debt to EBITDA As Defined multiple was 3.9x [17]

Core Viewpoint - TDG Gold Corp has entered into an amalgamation agreement with Anyox Copper Ltd to acquire the Anyox Copper project, enhancing its position in the mining sector of British Columbia [1][4] Transaction Details - The acquisition will be executed through a three-cornered amalgamation under the Business Corporations Act (British Columbia) [1] - The company has secured a bought deal private placement with BMO Capital Markets and Clarus Securities, raising C$25 million in gross proceeds to support the transaction [1][19] Strategic Positioning - The combination of Anyox Copper and TDG's existing projects provides exposure to precious metals and critical minerals in established mining districts [2] - Post-transaction, TDG will have over C$40 million in cash, enabling nearly year-round exploration activities [2] Management Changes - Paul Geddes, currently CEO of Anyox, will join TDG as Vice President of Corporate Development, focusing on operational excellence and growth [3][4] Exploration Plans - TDG's immediate priority is the Greater Shasta-Newberry project, with plans to resume exploration activities supported by the expanded treasury [5] - The Anyox project will allow for exploration at different times of the year, extending the exploration season across two mining districts [5] Board Changes - Michael Kosowan has been appointed as Chair of the Board, succeeding Stephen Quin, who will remain as a director [6] Share Consolidation - The company intends to seek shareholder approval for a five-for-one share consolidation to enhance its appeal to investors [7] Anyox Copper Project Overview - The Anyox project is located in British Columbia's 'Golden Triangle' and includes the historical Hidden Creek copper mine, which produced approximately 750 million pounds of copper from 1914 to 1935 [10][12] Financial Projections - The proceeds from the concurrent financing will be allocated to exploration activities, including C$8 million for the Greater Shasta-Newberry project and C$5 million for the Anyox project [23]

Core Viewpoint - TransDigm Group, Inc. has signed a definitive merger agreement to acquire Servotronics, Inc. for nearly $110 million in cash, reflecting a 274% premium over Servotronics' closing share price on May 16, 2025 [1][3]. Group 1: Merger Benefits - The acquisition of Servotronics will enhance TransDigm's position in the global aerospace and defense industry by expanding its customer base and product offerings, particularly in commercial aerospace and defense sectors [2][3]. - Servotronics holds long-term contracts with U.S. Government defense contractors, which will bolster TransDigm's revenue generation prospects and operational efficiency [3][4]. - A significant portion of Servotronics' sales is linked to aftermarket services, aligning with TransDigm's strategy of acquiring components with strong aftermarket demand [4]. Group 2: Industry Trends - The aerospace and defense industry is experiencing a surge in mergers and acquisitions driven by cost-reduction goals, portfolio diversification, and the need for operational efficiency [5]. - Other recent acquisitions in the aerospace-defense sector include Curtiss-Wright Corporation's acquisition of Ultra Energy for $200 million, HEICO Corporation's purchase of 90% of Millennium International, and Teledyne Technologies' acquisition of aerospace and defense electronics businesses for nearly $710 million [6][7][8]. Group 3: Stock Performance - Over the past six months, TransDigm's shares have increased by 11.7%, outperforming the industry's growth of 1.3% [10].