Magellan Aerospace Corporation Announces Financial Results

Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2026. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended Six month period ended

June 30 June 30 Expressed in thousands of Canadian dollars, except per share amounts20262025Change20262025Change Revenue305,582249,79322.3%590,684510,69115.7% Gross Profit47,14133,28241.6%87,75467,01430.9% Net Income19,8325,365269.7%36,30716,192124.2% Net Income per Share0.350.09288.9%0.640.28128.6% Adjusted EBITDA42,98021,134103.4%79,91348,41765.1% Adjusted EBITDA per Share0.750.37102.7%1.400.8564.7%