ATR -600 SERIES The latest generation

Airline Economics Seoul, 19 Mar 2019

Jean-Daniel Kosowski ATR Sales Director ATR FAMILY: ATR 42 AND ATR 72 l Same PW 127M engines

l Same flight deck and type rating

ATR 42-600 50 seats Lowest trip cost and seat mile cost of 50-seater category

ATR 72-600 78 seats Lowest trip cost and seat mile cost of 70-seater category PAGE 2 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR 소개

전 세계 터보프로펠라 시장의 74% 점유

항공 분야 최고 전문가인 에어버스와 레오나르도사의 합작투자사 Experience & Commitment >1,500 aircraft delivered of two Aerospace Industry Leaders

PAGE 3 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR 소개

l ATR commercial flight since 1986

l 1 billion passengers

l 30 million flights

l An ATR takes off or land every 8 sec

PAGE 4 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. A DIVERSE CUSTOMER BASE 100여개국 200여개의 항공사에서 성공적으로 운항중

PAGE 5 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ASIA PACIFIC THE SHOWCASE OF ATR SUCCESS

Source: ATR FleetStatus Q4 2018 PAGE 6 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. 2018 Key MILESTONES

76 deliveries 52 firm orders 208 A/C in backlog (as Dec’18) 1,500th ATR aircraft delivered THE BEST SELLER IN THE 50-90 SEAT MARKET

Regional Aircraft Firm Orders Turboprop Aircraft Firm Orders (2010-2018) (2010-2018)

E170/175 MRJ

CRJ700/ Q400 900

Q400 35% 74%

PAGE 8 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. VERY WELL RECOGNISED BY THE LEASING & FINANCING COMMUNITIES ATR LEASING COMMUNITY

l Diverse league addressing different market needs

ATR FINANCING LEAGUE

l Sustained interest and commitments of major international banks

1

PAGE 9 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. FUEL BURN ADVANTAGE – 250 NM SECTOR

80% 70% Huge advantage 40% in fuel burn against competition

ATR 72-600 TP RJ70 RJ90 competitor Next gen

PAGE 10 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. UNMATCHED DOC / SEAT – 250 NM SECTOR

30% 10% 20% ATR 72 has the best economics in the regional market

ATR 72-600 TP RJ70 RJ90 competitor Next gen

PAGE 11 Assumptions: sector 250 Nm, JAR fuel reserves, 10 min taxi, ISA © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. conditions, fuel price 3.0$ / USGal, standard assumptions ATR THE GREENEST AIRCRAFT

LOW LEVEL OF EXTERNAL NOISE • Less 13 dB vs

80% fuel burn advantage compared to regional jet competitor

5,000 tonnes of CO2 saved per aircraft per year

1.6 times less Nox emitted per Landing and Take-Off Cycle “GREEN” • Precision avionics allowing fuel savings on approach

© ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. Emissions & noise figures compared to 70 seater RJ NEW CABIN

l Seat width aligned on A320/B737: 18-inch

l Overhead bin size equivalent to A320/B737

l Similar noise level as jets < 79dBA

l Widest cross-section of * © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR -600 – ADVANCED TECHNOLOGY

The ATR -600 cockpit is ready for all future navigation requirements and has already incorporated latest Performance Based Navigation avionics (precision GPS approaches) PAGE 14 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. CONTINUOUS PRODUCT DEVELOPMENT

Enhanced cabin High Capacity State of the art comfort configuration digital cockpit

Cabin Flex Maintenance cost Avionics allowing RNP AR Enhanced Flight Vision reduction plan PAGE0.3/0.3 15 to access challenging System for better low © ATR. ALL RIGHTS RESERVED. airfieldsCONFIDENTIAL AND PROPRIETARY DOCUMENT. visibility operations TURBOPROPS ARE PERFECT FOR SHORT THIN ROUTES Traffic

Different Markets Short thick routes Long thick routes

Different Aircraft Types Short thin routes Long thin routes

300NM Distance »550km

PAGE 16 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. OUR OPERATORS ARE CREATIVE

Historically:

l Hub-and-spoke Feeder l Short runway operations

l Island hopper

PAGE 17 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. OUR OPERATORS ARE CREATIVE

And now, also:

l LCC operations l Route Opener

l Shuttle

l Complementing Single Aisle Operations

ATR operators created innovative operations for regional aviation

PAGE 18 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. WIDE RANGE OF OPPORTUNITIES AHEAD

115 new routes created with ATR in 2018

PAGE 19 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. HOW CAN THE ATR BE USED IN KOREA?

Domestic Transversal Routes serving 1h30 in ATR secondary airports from Cheongju l Faster option than ground transportation l Connecting business / communities New International Routes to Japan and l High yield new routes with no competition Island Routes l Heuksando and Ullengdo projects

PAGE 20 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR 72-600 FUTURE VALUES RETENTION AS OF Q1 2019

% of build year value (Half life future base value) 100%

80% Sources :

60%

68% 40% 47% Consensus 20% 32%

0% 0 5 10 15 Years

Update Jan-19 PAGE 21 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR 42-600 FUTURE VALUES RETENTION AS OF Q1 2019

% of build year value (Half life future base value) 100%

80% Sources :

60%

67% 40% 46% Consensus 20% 32%

0% 0 5 10 15 Years

Update Jan-19 PAGE 22 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. ATR RECOGNIZED BEST REGIONAL VALUE PROPOSITION

st l 1 Best Residual Value

st Aircraft Residual Value for Operational Remarketing Overall l 1 Best Value for money type value money success potential score ATR72-600 3.17 3.32 3.92 3.19 3.40 st l 1 Best Operational Success Q400 3.03 3.09 3.73 3.03 3.22 ATR72-500 2.86 3.31 3.67 2.71 3.13 st CRJ900 2.92 2.92 3.42 2.92 3.04 l 1 Best Remarketing potential E175 2.6 2.92 3.64 3 3.04 A220-100 2.63 3 3.23 2.67 2.88 ATR42-500 2.71 3 3.08 2.67 2.87 ATR42-600 2.85 2.71 2.96 2.83 2.84 E190 2.34 2.84 3.59 2.53 2.83 E190-E2 2.69 2.7 2.67 2.67 2.68 E195-E2 2.67 2.79 n/a 2.54 2.66 E195 2.22 2.8 2.79 2.31 2.53 CRJ700 2.38 2.33 2.75 2.33 2.45 CRJ1000 2.31 2.63 2.67 1.92 2.38 E175-E2 2.15 2.29 n/a 2.08 2.18 CRJ200 1.69 2 2.83 2.08 2.15 E170 2 2.08 2.42 2 2.13 ERJ145 1.5 2 2.85 1.77 2.03 MRJ 1.62 2.04 n/a 1.64 1.76 SSJ100 1.15 1.79 1.25 1.17 1.34

PAGE 23 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. CURRENT CARGO TURBOPROP MARKET

340 TURBOPROP CARGO 110+ ATR AIRCRAFT WORLDWIDE IN SERVICE

ATR BAE Systems Boeing/Mc-Donnell Douglas ATR is +30% Bombardier de Havilland Bombardier Shorts number 1 Fokker General Dynamics in its category NAMC SAAB

Source: FleetAnalyzer. PAGE 24 TP fleet in 3-8 tonne category © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. DIVERSIFIED FUNDING FOR 2018 ATR DELIVERIES 76 DELIVERIES IN 2018

26% Cash

Commercial Financing SLB ABUNDANT 59% ECA LIQUIDITY 11%

4% l Largest share financed through commercial bank debt l Limited portion of ECA financing (Export Development Canada)

PAGE 25 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. THE LESSORS’ COMMUNITY – SLB SOLUTION

l Many active lessors providing an additional solution to fund Aircraft through Sale and Lease Back transactions l Lot of appetite for SLBs in addition to lessors speculative slots

PAGE 26 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. WIDE RANGE OF OPPORTUNITIES AHEAD

ATR market forecast:

1,800 3,020 GROWTH 3,020 TP deliveries by 2037

1,220

2,260 REPLACEMENT IN SERVICE IN TURBOPROPs TURBOPROPs 1,040 STAY IN STAY SERVICE

2017 2037 PAGE 27 © ATR. ALL RIGHTS RESERVED. CONFIDENTIAL AND PROPRIETARY DOCUMENT. 20 YEAR TURBOPROP DELIVERY FORECAST

Central Europe & CIS 250 deliveries

North America 350 deliveries Western Europe China 350 deliveries 300 deliveries

South Asia 260 deliveries Asia Pacific Latin America & Caribbean 740 deliveries 420 deliveries Africa Middle East 350 deliveries

TP70 TP50 3,020 Turboprops of which 630 TP50 Thank you And please do not forget… Props are green, high tech and here to stay !

PAGE 29 © ATR. All rights reserved. Confidential and proprietary document.

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The statements made herein do not constitute an offer or a representation. They are based on the mentioned assumptions and are expressed in good faith.