Company: HEI-A
Filing Date: 2025-01-31
Form Type: DEF 14A
Source: 0001140361-25-002543
Chunk: 63

Company: HEICO CORP
Filing Date: 2025-01-31
Form: DEF 14A
Chunk 63
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 the future, or if your household is currently receiving multiple copies of the same items and you would like to receive only a single copy at your address in the future, please call us at (954) 987-4000 or write to our Corporate Secretary at HEICO Corporation, 3000 Taft Street, Hollywood, Florida 33021. If you would like to receive a copy of our 2024 Annual Report on Form 10-K or this Proxy Statement, please call us at (954) 987-4000 or write to our Corporate Secretary at HEICO Corporation, 3000 Taft Street, Hollywood, Florida 33021, and we will send a copy to you without charge. Please note, however, that if you wish to receive a paper proxy card or other proxy materials for the purpose of the Annual Meeting, you should follow the instructions included in the Notice of Internet Availability of Proxy Materials. GENERAL AND OTHER MATTERS Neither HEICO nor the members of its Board of Directors intend to bring before the Annual Meeting any matters other than those referred to in the accompanying Notice of Annual Meeting of Shareholders. They have no present knowledge that any other matters will be presented to be acted on pursuant to your proxy. However, if any other matters properly come before the Annual Meeting, the persons whose names appear in the enclosed form of proxy will have the discretionary authority to vote the proxy in accordance with their judgment.

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TABLE OF CONTENTS ANNEX A - Non-GAAP Financial Measure

(in thousands)

|                                                           |     | Three Months Ended October 31, |     |          |
| EBITDA Calculation                                        |     |                           2024 |     |     2023 |
| Net income attributable to HEICO                          |     |                       $139,688 |     | $103,426 |
| Plus: Depreciation and amortization                       |     |                         44,685 |     |   43,728 |
| Plus: Net income attributable to noncontrolling interests |     |                         11,198 |     |   10,139 |
| Plus: Interest expense                                    |     |                         35,406 |     |   43,423 |
| Plus: Income tax expense                                  |     |                         33,000 |     |   33,500 |
| EBITDA                                                    |     |                       $263,977 |     | $234,216 |

| EBITDA Calculation                                        |     | Fiscal Year Ended October 31,