Supplier expectations Supply chain overview Our Supplier Diversity Program We value the relationships we have developed throughout our global Consistent with our values and culture of inclusion, we recognize the importance of diversity in our supply chain. We strive to support supply chain. Although procurement is largely decentralized across minority-owned, women-owned, veteran- and service-disabled -owned, and other businesses owned by disadvantaged groups. our business units, we maintain corporate oversight to analyze spend Although we have historically reported supplier diversity spend as required by our government customers (typically at the business unit and leverage costs. We also have a centrally managed Supplier level), we are launching during FY 2022 our company-wide Supplier Diversity Program to provide for consistent, centralized tracking Relationship Management (SRM) program. Through this program, across our businesses. This program is intended to be more than a reporting tool; we are looking to establish goals, targets and initiatives we review 50-100 suppliers annually and identify approximately to develop diverse supplier relationships, support their business growth and forward their success. 25 suppliers with whom key AAR stakeholders commit to an ongoing cadence of engagement. The nature and frequency of this focused engagement is based on the level of supplier performance, critical Supplier Code of Conduct nature of products and services provided, and level of guidance to maximize the strategic relationship. Corporate integrity, responsible product sourcing and the safety and well-being of workers across the global supply chain are of paramount ® importance to AAR and align with our Doing It Right values. Global procurement – approximately 50 countries AAR’s Supplier Code of Conduct (Supplier Code) applies to all distributors, manufacturers, vendors, consultants, contractors and other suppliers and third parties that engage in business transactions with AAR. We expect our suppliers to adhere to applicable legal and regulatory * requirements, and our Supplier Code establishes the minimum standards that must be met to do business with AAR regarding: $1.1B • Treatment of workers, including anti-discrimination, fair • Trade controls and customs matters employment practices and human rights • Intellectual property • HSE laws and regulations and workplace safety • Ethical business practices, including conflicts of interest, fair • Parts suppliers • Environmental impact of supplier activities competition and anti-bribery • Repair service suppliers • Data security and privacy • Indirect product/services suppliers * As of May 31, 2021 38