AAR aircraft and engine teardown In connection with an aircraft teardown, 92% (average) of the weight content of an aircraft’s weight is reused or recycled. Source: Tarmac Autosave (2021 website) 1 2 3 ASSET IDENTIFICATION REMOVAL OF VALUABLE AIRCRAFT REPAIR AAR identifies aircraft and engine types & ENGINE PARTS AND COMPONENTS AAR identifies which parts & components will go through the repair process based on priority that meet our business needs AAR partners with teardown vendor customer needs and market demands Source/identify assets from end user Select teardown vendor from trusted network based on Recertify/repair or overhaul parts & Ship parts & components Parts & components ready airlines, leasing companies and financial location, experience and cost components through our component and warehouse in for sale, exchange or lease institutions for purchase or consignment repair shops in New York or strategically located Amsterdam or our extensive network inventory hubs around 1 of repair vendors and OEM’s the world Provide detailed work scope instructions with parts to Obtain aircraft/engine specifications that be removed outline the current condition and basic 4 records link for evaluation DISMANTLING & VALUATION 4 Teardown partner removes parts & components and AAR provides approval for the aircraft/engine to be scrapped per provides a detailed removal manifest/tags outlining acceptable industry standards Visually inspect the aircraft, engines & the part number, serial number and nomenclature components to ensure the asset meets our standards Sold to non-aerospace Recyclable Non-recyclable 1 businesses scraps scraps 2 Recycling & Disposal & 3 valuation landfilling 1 Total number of parts removed for our business needs varies based on aircraft type. 15