Triumph Group Investor Presentation — May 2020

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Daniel J. Crowley, President and Chief Executive Officer

James F. McCabe Jr., Senior Vice President and Chief Financial OfficerFourth Quarter FY’ 20Earnings

Conference Call2 TRIUMPH GROUP / Q4FY’20 / MAY 28, 2020

Forward Looking Statements

This presentation contains forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Forward -looking

statements are often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “plan”, “inte nd”, “project”, “may”, “will”,

“should”, “could”, or similar words suggesting future outcomes or outlooks. These forward -looking statements include, but are no t limited to,

statements of expectations of or assumptions about strategic actions, objectives, expectations, intentions, aerospace market conditions, aircraft

production rates, financial and operational performance, revenue and earnings growth and profitability and earnings results. These statements are

based on the current projections, expectations and beliefs of Triumph’s management. These forward looking statements involve known and unknown

risks, uncertainties and other factors which could cause actual results to differ materially from any expected future results , performance or

achievements, including, but not limited to, competitive and cyclical factors relating to the aerospace industry, dependence on some of Triumph’s

business from key customers, requirements of capital, uncertainties relating to the integration of acquired businesses, gener al economic conditions

affecting Triumph’s business segments, product liabilities in excess of insurance, technological developments, limited availa bility of raw materials or

skilled personnel, changes in governmental regulation and oversight and international hostilities , pandemics, and terrorism. Further information

regarding the important factors that could cause actual results, performance or achievements to differ from those expressed i n any forward looking

statements can be found in Triumph’s reports filed with the SEC, including in the risk factors described in Triumph’s Annual Report on Form 10 -K for the

fiscal year ended March 31, 201 9. 3 TRIUMPH GROUP / Q4FY’20 / MAY 28, 2020

TGI –The Big Picture

Executed in FY20 –Responding to COVID -19 Challenge –Positioning for Recovery •FY20 results demonstrated benefits of multi -year transformation

•Entered FY21 with positive YOY momentum

•Focused on Protecting our People and Company during historic pandemic

•Rapidly right -sizing Triumph to reflect post -crisis reality

•OEM rates provide safety net with strong defense opportunities