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TRIUMPH ANNOUNCES NOTICE TO WARRANT HOLDERS OF INTENDED REDEMPTION

PR Newswire - Wed Jun 7, 2023

RADNOR, Pa., June 7, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced that, pursuant to the terms of the warrants ("Warrants") it previously issued, the Company intends to issue a notice of redemption to all Warrant holders on or about June 16, 2023.  Warrant holders continue to be able to choose to exercise their Warrants with Designated Notes (as defined below) or cash. After the close of business on the date notice of redemption is issued, such holders will only be able to exercise their Warrants with cash until the redemption date. The redemption date will be stated in the notice of redemption and will not be less than 20 calendar days after such notice. This press release does not constitute a notice of redemption of the Warrants.

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Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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