December 8, 2015

D. A. Davidson 7th Annual Aerospace & Industrials 1-1 Conference Boston, Mass Standex Engineering Technologies Group

Engineering Technologies

Company History

Spincraft; North Billerica, MA Acquired by Standex 1968

Spincraft; New Berlin, WI Acquired by Standex 1969

Spincraft; Newcastle, UK Acquired by Standex March 2011

Enginetics; Huber Heights, OH Acquired by Standex September 2014

Enginetics; East Lake, OH Acquired by Standex September 2014

2

Engineering Technologies

Manufacturing Operations

3

Engineering Technologies

The Engineering Technologies Group serves a variety of end markets

4

Aviation Defense Energy Space Medical & Eng. Products

30% 29%

3%

8%

27%

3%

Aviation

Eng. Products

Space

Medical

Energy

Defense

ETG Sales – FY2015 Total = $97M

Engineering Technologies

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Global Customer Presence

Engineering Technologies

What We Do

Standex Engineering Technologies

Group uses traditional and

alternative metal forming processes

to manufacture cost effective

solutions for customers on their

advanced designs in the aviation,

space, defense, and energy markets.

The team establishes deep

organizational relationships that

enable ETG to assist the OEMs and

Tier 1 customers in reducing costs

across an unmatched range of

formed sizes, shapes, and alloys,

through the use of conventional and

innovative methods across a range

of specialty equipment.

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Engineering Technologies Standex Operating Model

Common Thread Driving Growth at Standex is

“Customer Intimacy”

How We Compete in the Marketplace

+ =

DELIVER

Deliver solutions

using our global

supply chain,

customer service

and support

SOLVE

Apply our unique

engineering and

process abilities to

create options and

test them for selection

of best solution

PARTNER

Develop deep

understanding of

problems and

opportunities

customer faces

PARTNER

+SOLVE = DELIVER

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Engineering Technologies

Develop Single-Piece Launch Vehicle Tank Domes

Challenge

• Vehicle mass & cost

• 4-6 stretch-formed gore panels

• Multiple forged rings & extensive welding

• Heavy joints to compensate for welds

Spincraft Solution:

• Single-piece spin formed construction

• Integrally machined attachment components.

Benefits:

• Lighter tank provides a 1:1 payload increase

• 100% reduction in welding & associated NDE

• Shorter lead time

Boeing SLS Caps

ULA Tank Domes

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Engineering Technologies

We offer a variety of aircraft engine solutions

Inlet Fan Cases

Blade Covers

Blade Retainers

Fan Duct

Assembly

Metal Fan Cases

Nacelle Lip-skin Lipskin Inlet

Compressor &

Combustor Components Combustion Deflectors

Combustion Domes

Dome Deflectors

Heat Shields

LPT / HPT Seals

LPT / HPT Shrouds

Manifolds

Vane Assemblies

Low Pressure &

High Pressure Turbine s

Exhaust Systems & Assemblies

Augmentor Flaps & Seals *

Exhaust Flange

Exhaust Plug & Nozzle

Assembly

Flame Holders * * not shown, on military aircraft only

Fan Components Twisted Vanes

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Engineering Technologies

Spincraft Market Solutions

Net and Near-Net

Forming Sucesses

Airbus A320 Plug & Nozzle - GTF

Airbus A320 Neo Lipskin – GTF

Airbus A320 Neo Lipskin - LEAP

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Engineering Technologies

Enginetics Market Solution

Challenge:

Develop a Manufacturing Process to Produce Complex 3D Components from a new Aluminum Alloy that could be Industrialized to Support Customer Volumes

Enginetics Solution - Aluminum Stretch Forming

Utilized Forming Process Simulations for Tool Design & Process Development

Characterized & Fixed Forming Parameters for the New Aluminum Alloy

Benefits

Developed Manufacturing Process for Complex Shape

Reduced Tool Design Iterations

Reduced Development Lead Time

Industrialized Process with Minimum Investment

Provide Turnkey Competitive Solution for the Customer

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Engineering Technologies

Enginetics Market Solution

Challenge:

Develop a Manufacturing Process to Cold Form 3.1mm INCO 718 that could be Industrialized to Support Customer Volumes

Enginetics Solution - Cold Forming of Inconel: “Closed Loop Forming”

Utilized Forming Process Simulations for Tool Design & Process Development

Characterized & Fixed Forming Parameters

Benefits

Developed Manufacturing Process

Reduced Tool Design Iterations

Reduced Development Lead Time

Industrialized Process with Minimum Investment

Provide Turnkey Competitive Solution for the Customer

Part from New Press after latest Closed Loop

Parts from New Press

Parts from “Original Die” pre Closed Loop

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Engineering Technologies

Enginetics Market Solution

Challenge:

Reduce Cost on Nine (9) Piece Part Family Produced using a Rolled & Welded Cylinder and Flange

Enginetics Solution - High Pressure Hydroforming (1,400 Bar)

Developed Hydro Forming Process to Produce the Parts with an Integrated Flange

Benefits

Eliminated Assembly Tasks

Reduced Machining Hours by 30%

Applied across the Part Family

Industrialized Process on Existing Equipment

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Engineering Technologies

Engineering Technologies has been selected as a supplier on the next generation of aviation engines

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0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2017

1,499

1,431

1,374

1,646

2029

1,661

2030

1,667

2031

1,692

2032

1,708 1,724

2028

2013

2014

2015

2019

2021

2020

1,267

1,513

1,422

1,542

2022

2016

1,528 1,556

2023

1,571

2024

1,586

2018

1,600

2026

1,615

2027

1,630

2025

Commercial Aircraft Delivery Forecast 2013-2032

ETG Key Program Wins

Customer Product Aircraft / Engine

Program

UTAS Lipskins

A320NEO/GTF

C Series

MRJ

Airbus Lipskins A320NEO/Leap

Senior

Aerospace

Plug &

Nozzle A320NEO/GTF

Pratt &

Whitney

Aircraft

Fan Covers A320NEO/GTF

C Series/GTF

GE Various

components

Leap Engines

GE9X Engine

Engineering Technologies

Engineering Technologies is strategically investing to focus on the Aviation market

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0%

5%

10%

15%

20%

25%$120M

$100M

$80M

$60M

$40M

$20M

$0M

FY2015* FY2014 FY2013 FY2012 FY2011*

Sales

OI % Adj.

*Excludes purchase accounting adjustment

ETG Sales & Adjusted OI% FY2011-FY2015

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

FY2016 FY2015 FY2014 FY2013 FY2012 FY2011

Other Medical Energy Space Aviation

ETG Sales by End Market FY2011-FY2016

• FY16 Operating Income is expected to be lower

than FY15 as energy markets remain soft and

investments are made to prepare for growth in

Aviation in FY17 and beyond

• Increasing mix of Aviation sales is the result of

recent program wins and offsets declining

markets in Medical and Energy

Engineering Technologies

The new Aluminum Center of Excellence in Wisconsin will support growth in the aviation market

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Inlet Machining & CNC Forming Machines