TRIUMPH GROUP, INC. ANNOUNCES PROPOSED PRIVATE OFFERING OF SENIOR SECURED NOTES

BERYWN, PA, August 4, 2020 /PRNewswire/ – Triumph Group, Inc. (NYSE: TGI) (“Triumph” or the “Company”) today announced that it intends to offer $600.0 million aggregate principal amount of senior secured first lien notes due 2024 (the “Notes,” and such offering, the “Notes Offering”). The Notes will be guaranteed (the “Guarantees”) by the same subsidiaries (the “Guarantors”) that guaranty certain of Triumph’s other indebtedness, including its (i) 5.250% Senior Notes due 2022, (ii) 6.250% Senior Secured Notes due 2024 (the “2024 Notes”), and (iii) 7.750% Senior Notes due 2025. The Notes and the Guarantees will be secured, subject to permitted liens, by first-priority liens on substantially all of the Company’s and the Guarantors’ assets. The collateral also secures the 2024 Notes on a second lien basis.

TRIUMPH GROUP DIVESTS G650/700 ASSETS TO GULFSTREAM

BERWYN, Pa. August 4, 2020 – Triumph Group, Inc. (NYSE: TGI) (“Triumph” or the “Company”) today announced it has reached a definitive agreement to sell its G650 program scope of work including supply chain management, engineering services, and related tooling, inventory, facilities, personnel, and warranty obligations to Gulfstream Aerospace. This agreement follows the Company’s transfer of the G650 wing assembly line in Tulsa, Oklahoma to Gulfstream’s Savannah, Georgia facility in 2019.

TRIUMPH TO PROVIDE AFTERMARKET SERVICES TO GLOBAL AEROSPACE LOGISTICS FOR HELICOPTER AND FIXED-WING MRO

Berwyn, PA – July 30, 2020 – Triumph Group [NYSE:TGI] announced today that its Triumph Systems & Support business has signed an agreement with Global Aerospace Logistics (GAL) to provide maintenance repair and overhaul (MRO) products and services for aircraft accessories and components for military aircraft that GAL services and repairs for its Middle Eastern customers.

TOM BLAKELY SELECTED AS TRIUMPH GROUP CHIEF TECHNOLOGY OFFICER

BERWYN, July 13, 2020 –Triumph Group [NYSE:TGI] today announced that Tom Blakely will join the company as Chief Technology Officer, reporting to Vice President of Operations, Nick Drazic. Blakely has led the development, certification, and transition to production of dozens of advanced military and commercial aircraft as well as complex subsystems and components over the last four decades.

TRIUMPH TO PROVIDE MECHANICAL FLIGHT CONTROLS FOR MULTIPLE BELL PLATFORMS

BERWYN, June 22, 2020 – Triumph Group [NYSE: TGI] announced that its Triumph Systems & Support business unit has been awarded a five-year contract from Bell Textron, Inc. for the supply of mechanical flight controls for multiple commercial helicopter platforms, including the Bell 429, Bell 412 and Bell 407. The contract is an indefinite delivery/indefinite quantity (ID/IQ) award that will commence this year. Triumph is a long-standing supplier of safe and reliable high-performance mechanical flight control products to Bell supporting both their commercial and military programs.

SIXTH TRIUMPH MRO SITE RECEIVES AS9110 CERTIFICATION

BERWYN, June 16, 2020 – Triumph Group, Inc. [NYSE:TGI] announced that its Triumph Systems & Support aftermarket accessory services facility in Grand Prairie, Texas successfully completed its AS9110 certification for aerospace maintenance, repair and overhaul (MRO) management systems. The certification guarantees that the site can implement, monitor and comply with Federal Aviation Authority (FAA) and European Aviation Safety Agency (EASA) Part 145 regulations.