PRESS RELEASE Safran Signs By-The-Hour Support Contract With

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PRESS RELEASE Safran signs by-the-hour support contract with State Grid General Aviation Company Safran 15 December 2020, Beijing Safran Helicopter Engines has signed a Support-By-Hour (SBH®) contract with State Grid General Aviation Company (SGGAC), covering their H215 and H225 fleets. This contract formalizes a long-term MRO (Maintenance, Repair and Overhaul) and service agreement supporting a total of 4 Makila engines. This contract also includes the renewal of SBH® support for 14 Arriel 2D engines powering the operator's fleet of 13 H125 helicopters. Based in China, SGGAC, a wholly owned subsidiary of the world's largest utility company State Grid Corporation of China (SGCC), is mainly responsible for the air construction and maintenance of extrahigh-voltage and ultra-high-voltage power networks. SGGAC is one of Safran Helicopter Engines' important customers in China, it currently operates a fleet of 33 helicopters in total, and is the largest H125 and its engine Arriel 2D operator in Asia, as well as the launch customer of the H215 in China. Bernard Plaza, Safran Helicopter Engines China CEO, said: "We are proud that SGGAC has renewed its confidence in Safran Helicopter Engines and its SBH® support contract, and we look forward to delivering them world-class services and supporting them in their most demanding missions". SBH® is Safran Helicopter Engines' support-by-the-hour program. It makes engine operating costs predictable, eliminates cash peaks, allows flexibility for scheduled and unscheduled MRO coverage. It now covers 50% of Safran Helicopter Engines' customer turbines' flying hours. SBH® and Health Monitoring are part of EngineLife® Services, Safran's range of solutions for helicopter engines. Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 81,000 employees and holds, alone or in partnership, world or European leadership positions in its core markets. Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices. Safran Helicopter Engines is the world's leading manufacturer of helicopter engines, with more than 75,000 produced since being founded. It offers the widest range of helicopter turboshafts in the world and has more than 2,500 customers in 155 countries. For more information : www.safran-group.com and www.safran-helicopter-engines.com / Follow @Safran and @SafranHCEngines on Twitter. ITP Aero is a world leading company within its market, currently the ninth largest aircraft engine and components company in the world by revenue. The company employs over 4,000 people at its production centres in Spain, United Kingdom, Mexico, Malta and India. ITP Aero includes among its activities the design, research and development, manufacturing and casting, assembly and testing of aeronautical modules and engines. It also provides MRO services for a wide range of engines for regional airlines, business aviation, helicopters, industrial and defense applications. PRESS CONTACT François JULIAN : [email protected] / T +33 (0)5 59 12 16 20.

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