EX-99.1 2 exhibit_99-1.htm EXHIBIT 99.1

Exhibit 99.1
INVESTOR PRESENTATION MAY 2025

DISCLAIMER TAT Technologies Ltd. (together with its subsidiaries, the “Company”, “we”, “our” or “us”) has filed a registration statement (including a preliminary prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this presentation relates. The registration statement has not yet become effective. The securities proposed to be offered pursuant to such registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Before you invest, you should read such registration statement (including the related prospectus) for more complete information about the Company and the offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Company or any underwriter participating in the offering will arrange to send you such registration statement (including the related prospectus) if you request it from: Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, California 94104, via telephone at (415) 364-2720 or via email at syndprospectus@stifel.com. This presentation shall not constitute an offer to sell any securities of the Company nor the solicitation of an offer to buy any securities of the Company, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would not be permitted. The Company, the selling shareholders and the underwriters have not done anything that would permit the offering to which this presentation relates or possession or distribution of this presentation in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this presentation must inform themselves about, and observe any restrictions relating to, the offering of the shares of our ordinary shares and the distribution of this presentation outside the United States. This presentation includes confidential, sensitive and proprietary information. This presentation and its contents, as well as the content of any related discussions with the Company or its representatives, shall be kept strictly confidential. Any disclosure, copying, reproduction, publication or distribution of such information, directly or indirectly, in whole or in part, is strictly prohibited without the prior written consent of the Company. Each recipient agrees that the foregoing obligations shall apply to all other written or oral communications transmitted to the recipient by or on behalf of the Company. Forward-Looking Statements This presentation may contain certain forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including statements regarding our strategy, future financial condition, future operations, projected costs, prospects, plans, objectives of management, and expected market growth, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates” or variations of such words and similar expressions identify forward-looking statements. These forward-looking statements involve certain risks and uncertainties, including those described in the section titled “Risk Factors” and elsewhere in our Annual Report on Form 20-F for the year ended December 31, 2024 and future quarterly reports. Any forward-looking statements in this presentation are not guarantees of future results, levels of activity, performance or events and circumstances, and actual results, developments and business decisions may differ materially from those contemplated by those forward-looking statements. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this presentation to reflect events or circumstances after the date of this presentation or to reflect new information or the occurrence of unanticipated events, except as required by law.

DISCLAIMER (cont.) Non-U.S.-GAAP Financial Measures This presentation includes certain financial information that is not presented in accordance with The U.S. GAAP, including Adjusted EBITDA and Adjusted EBITDA Margin. We refer to these measures as “non-U.S. GAAP” financial measures. We present these non-U.S. GAAP measures as we believe that their presentation of these enhances an investor’s understanding of our financial performance. Although these non-U.S. GAAP measures are frequently used by investors and securities analysts in their evaluations of companies in industries similar to ours, these non-U.S. GAAP measures have limitations as analytical tools, are not measurements of our performance under U.S. GAAP and should not be considered as alternatives to net income or any other performance measures derived in accordance with U.S. GAAP and should not be used by investors or other users of our financial statements in isolation for formulating decisions, as such non-U.S. GAAP measures exclude a number of important cash and non-cash charges. You should be aware that our presentation of these and other non-U.S. GAAP financial measures in this presentation may not be comparable to similarly titled measures used by other companies. A reconciliation of each of these non-U.S. GAAP measures to its most directly comparable financial measure calculated in accordance with U.S. GAAP is provided in the Appendix to this presentation. Industry and Market Data Within this presentation, we reference information and statistics regarding the market for our products and services. We have obtained some of this statistical data, market data and other industry data from public filings, industry publications and studies conducted by third-party sources. Some data and other information contained in this presentation are also based on management’s estimates and calculations, which are derived from our review and interpretation of internal surveys and independent sources. Data regarding the industries in which we compete and our market position and market share within these industries are inherently imprecise and are subject to significant business, economic and competitive uncertainties beyond our control, but we believe they generally indicate size, position and market share within this industry. In addition, assumptions and estimates of our and our industries’ future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors. These and other factors could cause our future performance to differ materially from our assumptions and estimates. Trademarks, Trade Names, Service Marks and Copyrights We own or have rights to use various trademarks, tradenames, service marks and copyrights, which are protected under applicable intellectual property laws. This presentation also contains trademarks, tradenames, service marks and copyrights of other companies, which are, to our knowledge, the property of their respective owners. Solely for convenience, certain trademarks, tradenames, service marks and copyrights referred to in this presentation may appear without the ©, ®, and symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensors to these trademarks, tradenames, service marks and copyrights. We do not intend our use or display of other parties’ trademarks, tradenames, service marks or copyrights to imply, and such use or display should not be construed to imply a relationship with, or endorsement or sponsorship of us by, these other parties. ACRONYM GUIDE OEM: Original Equipment Manufacturer MRO: Maintenance, Repair & Overhaul APU: Auxiliary Power Unit LTA: Long-Term Agreement LG: Landing Gear HX: Heat Exchanger

KEY STRATEGIC PRODUCT & SERVICE OFFERINGS Thermal Solutions Market Leader MRO & OEM 60+ years of experience Thermal Solutions Partnership with Gulfstream Landing Gear MRO 10-year exclusive contract with Honeywell APU Honeywell Licensee MRO APU OEM & MRO • Honeywell Leasing & Trading Strong presence in APU leasing and parts trading Landing Gear Authorized MRO • Gulfstream • Embraer • ATR Note: Charts based on % contribution for Q1-25 revenue Other non-strategic product lines represent 14% of the total revenue

Experienced senior management team with significant depth, longevity and industry experience. EXPERIENCED AND PROVEN LEADERSHIP TAT Technologies is dually listed on NASDAQ (TATT) and on the Tel Aviv Stock Exchange (Hebrew) Main Shareholder: FIMI 26.5% AMOS MALKA IGAL ZAMIR EHUD BEN YAIR JASON LEWANDOWSKI CHAIRMAN OF THE BOARD Since 2016 PRESIDENT & CHIEF EXECUTIVE OFFICER Since 2016 CHIEF FINANCIAL OFFICER Since 2018 CHIEF OPERATING OFFICER Since 2022 Major General (ret.) Former Head of the Israeli Defense Intelligence and Commander of the IDF Ground Forces Command. Retired 2002. Previous Positions: Chairman of the Board, Logic Industries, Ltd. Chairman of the Boards, Plasan Sasa, Ltd. CEO, Elul Technologies, Ltd. Previous Positions: President, Mapco Express (subsidiary of Delek US Holdings, Inc) CEO, Metrolight, Ltd. CEO, Rostam, Ltd Previous Positions: CFO, SHL Telemedicine (SHLTN) CFO & Vice CEO, Opgal Optronics (Subsidiary of Elbit Systems and Rafael) CFO, Orad Hi Tech Systems (OHT) Previous Positions: GM, VP Manufacturing, Proterra Sr. Director Operations, Honeywell Aerospace Surface Warfare Officer, US NAVY

TAT SUBSTANTIAL OFFERINGS Thermal components for Environmental Control Systems THERMAL SOLUTIONS Thermal components for Galley THERMAL SOLUTIONS Thermal components for power electronics THERMAL SOLUTIONS Thermal components for fuel inerting system THERMAL SOLUTIONS LANDING GEAR Thermal components for hydraulic systems THERMAL SOLUTIONS MRO APU MRO 6

GLOBAL PRESENCE 194 Israel Employees 440 U.S. Employees 7

VALUE PROPOSITION High Growth Rates Strategic Capabilities Supporting Future Growth Strong Demand for Products & Services Proven Leadership Team ON AN UPWARD TREND ($M) Including Tier 1 aircraft manufacturers, system integrators and airlines Trusted Partner with 300+ Customers $439M Backlog (Q1-25)& Long-term Agreements Annual 8 (1) Adjusted EBITDA is a non-U.S. GAAP measure. Please see the appendix for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP measures * * 1 1

Sources: Oliver Wyman New Aircraft Deliveries on an Upward Trend AEROSPACE MARKET OUTLOOK

Sources: Oliver Wyman AEROSPACE MARKET OUTLOOK High Demand for Component MRO ($B) TAT Growth Vs. Component MRO Growth Year-over-Year change in Revenue

SEVERAL PILLARS WILL SUPPORT THE COMPANY’S CONTINUED STRONG GROWTH APU – Entering a +$2B market through new OEM certifications. The Company is well-positioned against competition and supply chain challenges. Landing Gear MRO Cycle – Entering the major MRO cycles with two key strategic agreements in place. Thermal Solutions MRO – Well-known, leading player leveraging cost-effectiveness to support a growth rate above the industry. Thermal Solutions OEM – Demand for newly built aircraft, fleet conversions, and future EVTOL aviation driving future expansion. Trading & Leasing – Enable clients to overcome supply chain challenges and benefit from TAT’s in-house MRO capabilities across all products. 11 INVESTOR PRESENTATION - MAY 2025 KEY GROWTH ENGINES DRIVE NEAR-TERM AND FUTURE GROWTH

BACKLOG Value of Long-Term Agreements (LTAs) and Backlog LTAs and Backlog ($M)(1) Q1-2025 LTAs & BACKLOG (1) Value of LTAs calculated by taking the average annual order quantity for OEM components and MRO services for each customer and multiplying by prior year average revenue per order and remaining years in the agreement, adjusting for any forward guidance from customers

APPENDIX

PRODUCT AND SERVICE OFFERINGS

THERMAL SOLUTIONS OVERVIEW OEM Solutions & MRO Services Delivers end-to-end thermal solutions: Design and manufacturing of high-performance OEM-certified systems and products for tier 1 aircraft and system manufacturers Specialized MRO services for both U.S. and international airlines and the majority of government aerospace & defense contractors in the U.S. REVENUE ($M) $46M FY 2023: $63M FY 2024: KEY CUSTOMERS

THERMAL SOLUTIONS Short Term: The “After COVID” effect increased demand for flights, and a constrained supply of new aircraft is creating strong demand for Aviation MRO services Close and long-lasting relationships with clients and our multi-product offering as an OEM and MRO service provider enables us to gain market share by increasing our value proposition to customers R&D capabilities as an OEM enable us to participate in bids for new types of engines, aircraft platforms and technologies Long Term: Intellectual capital from decades of experience in providing thermal components and solutions for integrators enables us to offer a holistic solution as a Thermal System OEM and MRO service provider Market leading R&D capabilities in thermal solutions puts us on the front line for future aviation designs such as electrification of aircraft and eVTOL Addressable Market INVESTOR PRESENTATION - MAY 2025

Maintenance, Repair & Overhaul (MRO) OEM and licensed MRO service provider for multiple APU platforms representing over 25,000 aircraft still in production As a Honeywell authorized service partner, the Company is one of a few licensed providers, creating a significant commercial advantage and competitive position in the market REVENUE ($M) $31M FY 2023: $43M FY 2024: APU SERVICES OVERVIEW KEY CUSTOMERS

APU SERVICES 331-20X 331-500 131 STRATEGIC AGREEMENTS Addressable Market (1) (1) (1) (1) (2) (1) From publicly available data provided by Boeing and Airbus, accessed as of April 2025 and Company management estimates As stated in the disclaimer slides, market share potential may not be realized

LANDING GEAR OVERVIEW MRO Services Provider of landing gear MRO services for systems across multiple platforms utilized in commercial airline, business jet and military markets Maintain strategic agreements with and certifications from OEMs that ensure access to the landing gear market and ongoing opportunities within the following fleets of aircraft: AUTHORIZED Embraer – E170/175 aircraft Only non-OEM authorized U.S. provider Gulfstream – G400 and G500 Exclusive provider to Gulfstream ATR – 42/72 aircraft $8.5M FY 2023: $8.0M FY 2024: REVENUE ($M)

LANDING GEAR Growing demand for MRO services in landing gear • Full in-house capabilities in MRO - Machining services - Plating services • Resulting in lower cost Addressable Market

TRADING & LEASING Leasing: Lease inventory of +20 APU engines, including 331-500 utilized on the Boeing 777 aircraft This service enables the Company to meet growing demand of our customers by helping them overcome the market shortage for APUs and related parts Trading: Trade APU parts, heat exchangers, landing gear and other parts across all TAT product lines and service offerings Allows the Company to manage inventory efficiently as well as maintain an ongoing supply of the most in-demand parts REVENUE ($M) $8.4M FY 2023: $13.9M FY 2024:

STRATEGIC AGREEMENTS TRADING & LEASING Leasing – Leverage in-house MRO capabilities for APUs, enabling the Company to refurbish a variety of APUs until “as good as new” and increase the fleet of APUs on-hand for leasing Trading – As the industry suffers from supply chain challenges, the Company’s variety of solutions and in-house engineering capabilities, from small components such as valves and pumps through heat exchangers (OEM/MRO) to APU and landing gear MRO services, gives TAT a wide market reach to parts to meet industry needs (1,2) Addressable Market From publicly available data provided by Boeing and Airbus, accessed as of April 2025 and Company management estimates As stated in the disclaimer slides, targets may not be realized

OTHER CAPABILITIES Nearly 50 years of experience developing fluid controls and accessories for defense and commercial platforms Provides highly qualified, durable and affordable Environmental Control Systems (ECS) for defense applications Utilizes advanced technologies to repair and recondition turbine components for both commercial and military applications as well as ground turbines One-stop-shop offering a multitude of specialized services for repair, refurbishment or remanufacturing of components REVENUE ($M) $20M FY 2023: $24M FY 2024:

NEW TECHNOLOGIES Future Drivers ADDITIVE MANUFACTURING & 3D PRINTING THERMAL SYSTEMS FOR ELECTRIC AIRCRAFT & AUTONOMOUS AIRCRAFT FULL THERMAL SOLUTIONS TO ENGINE HEADS

Financial

Q1 2025 RESULTS Key Indicators (1) Adjusted EBITDA is a non-U.S. GAAP measure. Please see the appendix for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP measures (1) (1) Solid Start To 2025 (1) (1)

Q1 2025 RESULTS Key Indicators (1) Adjusted EBITDA is a non-U.S. GAAP measure. Please see the appendix for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP measures (1) (1) Growth Across All Key Performance Metrics

REVENUE BY PRODUCT Strategic Growth Engines Have Diversified Revenue Streams

UPWARD TRENDING REVENUE Double-Digit Revenue Growth

IMPROVING GROSS PROFIT AND GROSS PPROFIT MARGINS

OPERATING PROFIT, NET PROFIT Expanding Margins And Profitability

RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (NON-GAAP) (UNAUDITED)