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TRIUMPH ANNOUNCES NEW LEADERS TO ACCELERATE ITS PROFITABLE GROWTH

Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently selected Mike Boland, formerly President, Actuation Products and Services (APS), to fill a newly created Chief Operating Officer with responsibility for Operations, Quality, Execution Assurance, and the TRIUMPH Operating System. Mike also assumes responsibility for the Supply Chain function formerly led by Craig Cooper.  Natasha Trudeau, previously General Manager, TRIUMPH APS at Yakima, Washington assumed the role of President, Actuation Products and Services as Mike transitioned to the COO new role. "TRIUMPH has recruited and developed a strong bench of experienced and diverse talent, and the internal promotion of Mike Boland to the COO role reflects this depth and our commitment to take the company's operational performance to the next level. Mike's track record of improving our Actuation business financial performance and expanding its aftermarket offerings will now benefit the larger TRIUMPH. Similarly, Natasha Trudeau's

TRIUMPH AWARDED F404 AUXILIARY GEARBOX FROM GE AEROSPACE

Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced its Geared Solutions business has been awarded a contract to provide the Auxiliary Gearbox from GE Aerospace for the F404 afterburning turbofan engine with potential future use on multiple applications, including the T7-A, T-50, and TAI Hurjet platforms. TRIUMPH is a long-standing engineering and manufacturing partner with GE on military and commercial gearbox applications. This work will be performed at TRIUMPH's facility in Macomb, Michigan. "TRIUMPH is a market leader in military and commercial gearboxes and has provided GE Aerospace with proprietary and build-to-print solutions across multiple applications for decades. This sole-source award to supply F404 auxiliary gearboxes to the legacy fleet and new aircraft is the latest chapter in a great legacy of our supporting GE Aerospace engine applications," said Pete Gibson, President of TRIUMPH Geared Solutions Business. "We are thrilled to have TRIUMPH as a continued partner

TRIUMPH RECEIVES CREDIT RATING UPGRADES

Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") is pleased to share that both Moody's Ratings (Moody's) and S&P Global Ratings (S&P) have upgraded the Company's credit ratings. Moody's upgraded TRIUMPH's corporate family rating to B3 from Caa1 on June 28 th citing materially reduced leverage from paying off the 2025 notes in their entirety and a portion of the 2028 notes. S&P upgraded TRIUMPH's issuer credit rating to B- from CCC+ on June 6 th referencing lower debt and favorable market conditions. Both credit agencies rate TRIUMPH with a stable outlook. "TRIUMPH took important strategic actions over the last year to create a more streamlined, value-added and IP-based business with a much stronger balance sheet," said Jim McCabe, TRIUMPH's senior vice president and chief financial officer. "These upgrades recognize our commitment to increasing shareholder value through the cycle of deleveraging benefits, supporting our multi-year targets for debt reduction,

OPERATIONAL COMPANIES

Actuation Products and Services

Actuation Products and Services

Geared Solutions and Interiors

Geared Solutions and Interiors

Systems, Electronics, and Controls

Systems, Electronics, and Controls

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