Company: HEI-A
Filing Date: 2025-01-31
Form Type: DEF 14A
Source: 0001140361-25-002543
Chunk: 4

Company: HEICO CORP
Filing Date: 2025-01-31
Form: DEF 14A
Chunk 4
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737NG/777 Cockpit Displays and Legacy Displays product lines, as well as the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems, a leading provider of proprietary aircraft cockpit emergency egress and aerial delivery products for various commercial aerospace and defense uses. Outlook As we look to the year ahead, we are optimistic about all of our product lines and market segments. Commercial air travel and aircraft utilization continue to grow, which provides an excellent backdrop for HEICO’s forward growth, as customers increasingly rely on our cost-saving solutions to help them efficiently operate their fleets. And, as mentioned above, our vigorous new product development efforts will augment our growth in the years ahead. Similarly, our growing defense product offering, which revolves around best value solutions for our customers and critical defense items, like missile-defense, should benefit from these growing opportunities. We also expect improving non-aerospace and defense trends to accelerate throughout fiscal 2025 and beyond, while we believe both commercial and defense space markets will also offer opportunities. Along with our organic growth possibilities, our acquisition efforts continue at a high pace. We are in constant dialogue with

possible partners and acquirees, while also developing relationships with companies that are not now for sale, but could become so in the future. We are seeing opportunities and getting to know people in record numbers for HEICO, which means that our potential acquisition “pipeline” is growing. HEICO will retain its common sense, entrepreneurial and energetic approach to business. Our non-centralized structure allows our businesses to address customer needs and manage their operations without bureaucratic second-guessing and business-slowing activities. As we often repeat in these annual messages, we manage HEICO to maximize shareholder value, which we do through balancing long and short-term interests, maintaining an excellent culture that puts quality and our people first, and offering cost-saving or best value solutions to our customers, while prioritizing cash generation over theoretical earnings. We are indebted to our wonderful Team Members, who render HEICO’s success possible; we thank you, once again, for your dedication and hard work. We also thank our customers and suppliers for your ongoing confidence and support. Our Board of Directors remains a constant source of guidance and good governance for which we are very thankful. Finally, we thank all of our shareholders for your confidence and friendship. We are enthusiastic about HEICO’s future and look forward to working together for continued excellent results. Sincerely,

| Laurans A. Mendelson                 
 Chairman and Chief Executive Officer | Eric A. Mendelson 
 Co-President