Our commercial OEM market growth assumption has been revised to reflect third quarter results and current expectations for the remainder of fiscal 2025." TransDigm expects fiscal 2025 financial guidance to be as follows: • Net sales are anticipated to be in the range of $8,760 million to $8,820 million compared with $7,940 million in fiscal 2024, an increase of 10.7% at the midpoint; 3 • Net income is anticipated to be in the range of $1,932 million to $1,980 million compared with $1,715 million in fiscal 2024, an increase of 14.1% at the midpoint; • Earnings per share is expected to be in the range of $32.39 to $33.21 per share based upon weighted average shares outstanding of 58.175 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 28.0% at the midpoint; • EBITDA As Defined is anticipated to be in the range of $4,695 million to $4,755 million compared with $4,173 million in fiscal 2024, an increase of 13.2% at the midpoint (corresponding to an EBITDA As Defined margin guide of approximately 53.8% for fiscal 2025); • Adjusted earnings per share is expected to be in the range of $36.33 to $37.15 per share compared with $33.99 per share in fiscal 2024, an increase of 8.1% at the midpoint; and • Fiscal 2025 outlook is based on the following market growth assumptions: ◦ Commercial OEM revenue growth in the flat to low single-digit percentage range; ◦ Commercial aftermarket revenue growth in the high single-digit to low double-digit percentage range; and ◦ Defense revenue growth in the high single-digit to low double-digit percentage range. Please see the attached Table 6 for a reconciliation of EBITDA, EBITDA As Defined to net income and reported earnings per share to adjusted earnings per share guidance midpoint estimated for the fiscal year ending September 30, 2025. Additionally, please see attached Table 7 for comparison of the current fiscal year 2025 guidance versus the previously issued fiscal year 2025 guidance. Earnings Conference Call TransDigm Group will host a conference call for investors and security analysts on August 5, 2025, beginning at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call at https://register-conf.media-server.com/register/BI659e5ded01734939975593d06a6635c9 . Once registered, participants will receive the dial-in information and a unique pin to access the call. The dial-in information and unique pin will be sent to the email used to register for the call. The unique pin is exclusive to the registrant and can only be used by one person at a time. A live audio webcast of the call can also be accessed online at https://www.transdigm.com. A slide presentation w

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other guidance in this release

Text is the filed exhibit, verbatim.