2016 ANNUAL REPORT - Moog Inc.

1 M 2016 ANNUAL REPORT . FINANCIAL PERFORMANCE. SALES (Dollars in millions) RECENT FINANCIAL PERFORMANCE. $3,000 (Dollars and shares in millions, except per share data). $ 2,648. $ 2,610 $ 2,526. $ 2,470 $ 2,412. $2,500. $ 2,331. $ 2,114. $ 2,000. $ 1,903. $ 1,849. 2016 2015. $ 1,558. $ 1,500. $ 1,306. $ 1,000 NET SALES $2,412 $2,526. $ 500. $0. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 . NET EARNINGS $127 $132. Fiscal Year DILUTED EARNINGS PER SHARE (In dollars) DILUTED EARNINGS. $ $ $ $ PER SHARE. $ $ $ $ $ $ $ $ $ EQUITY MARKET. $ $2,136 $1,997.

2 $ $ $ CAPITALIZATION*. $ $ $ $ $ AVERAGE SHARES. $ $ OUTSTANDING. $ $ *Measured as of fiscal year end $ $ $ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 . Fiscal Year REVENUE BY SEGMENT REVENUE BY MARKET. Aircraft Controls Defense 44% 34%. Space and Space Defense Commercial 7%. Components 16% Aircraft 19% 24%. Industrial Industrial 21%. Systems Medical Energy 21% 7% 7%. GEOGRAPHIC DISTRIBUTION MARKET DISTRIBUTION. United States Industrial and Military 56% Commercial and Government 63% Funded 30%. International 44%. Foreign Government 7%.

3 O P E R AT I N G S E G M E N T S. Commercial Aircraft OEM Defense $ M $ M. Commercial Business Aircraft Jets Aftermarket $ M. $ M. Military Military Aircraft Space Aircraft Aftermarket $ M. OEM $ M. $ M. FY 2016 SALES FY 2016 SALES. $1, M $ M. AIRCRAFT CONTROLS SPACE AND DEFENSE. State-of-the-art technology in flight controls, engine controls, door drive controls, active Multi-tier provider capable of components, systems and prime level integration vibration controls and engineered components Thrust vector control actuation systems, avionics, propulsion controls and structures for Complete flight control system design and integration capability missiles and launch vehicles World-class manufacturing facilities and skilled, experienced, team-based workforce Liquid rocket engines, tanks.

4 Chemical and electric propulsion systems, subsystems Focused, highly-responsive global aftermarket support organization and components for spacecraft and launch vehicles Satellite integrated avionics, solar array drives, antenna pointing mechanisms and Military Aircraft: vibration isolation systems F-35, F-15, F/A-18E/F, EA-18G, F-16, KC-46, A400M, Korea T-50, C-27J, C-295, Fin actuation systems, divert and attitude control components for missiles and CN-235, Eurofighter-Typhoon, JAS 39, India LCA, Japan XC-2, XP-1, Hawk AJT, M346 interceptors Commercial Airplanes: Weapon Stores Management Systems (SMS) for the deployment of missiles, guns and rockets Boeing 737, 747, 767, 777, 787.

5 Motion control systems for turreted weapon systems, ammunition handling and Airbus A320, A330, A350, A380. expeditionary radar deployment Embraer E-Jets E2. EM and EH actuation products for naval ships and submarines COMAC C919. Business Jets: Space Applications: Bombardier Challenger 300, 604, 605 and Global Express, Cessna Citation X, LS-1300, Eurostar, Spacebus, LM A2100, DS-1000/2000, GEOStar, James Webb Gulfstream G280, G350, G400, G450, G500, G550, G600, G650 Space Telescope, GPS III, Galileo, ORBCOMM, NICER, SkySat, OSIRIS-REx Trident D-5, Minuteman III, Antares , Atlas V, Delta IV, Ariane 5, Vega, Minotaur, Falcon 9, Military and Commercial Helicopters.

6 NASA's Space Launch System and Orion, CST-100 Commercial Crew Vehicle H-60/S-70, H-53, EH-101, S-76, S-92, V-22, V-280, AH-64, A109, A129, AB139, AW159, AW609, Future Lynx, B525 Defense Applications: HELLFIRE , TOW, Tomahawk, EKV, MALD. Customer Support: LAV-25, LAV-AT, CV90 family, FLW 100/200 RWS, AC-130 Stinger II, G/ATOR Radar All current production programs above plus legacy programs including A-7, A-10, A300, A340, AH-64, AMX, B-1B, B-2, B-52, BAE-146, C-5, C-130, C-141, CH-46, Virginia-class submarines, USS Gerald R. Ford aircraft carrier CH-47, CH-53, DC-8, DC-9, DC-10, E-2C, EA-6B, F-2, F-4, F-100, F/A-18C/D, F/A-22, Segment Competitors: Hawk, KC-10, KC-135, MD-11, MD-80, MD-90, P-3, T-45, Tornado, U-2, VC-10, 757 Aeroflex, Airbus, ATA Engineering, BAE, Chess Dynamics, Cohu, Curtiss-Wright, ESW, Segment Competitors: Flowserve Limitorque, Honeywell, Marotta, RUAG, Lord Corp.

7 , Pelco, SABCA, Sargent Aerospace & Defense, SEAKR, Southwest Research Institute, UTC, Vacco, Valcor, Curtiss-Wright, Liebherr, Nabtesco, Parker Hannifin, UTC (Goodrich, Hamilton Videotec, ValveTech and Woodward Sundstrand) and Woodward VA-Class Submarine, F-35C Lightning II, USS John Warner (SSN 785). A350-1000 First Flight F/A-18E/F Super Hornets NASA OSIRIS-REx Spacecraft Courtesy of Navy /. Courtesy of Airbus / S. Ramadier Courtesy of Navy / Lt. Cmdr. Darin Russell Courtesy of Univ. of Arizona / Heather Roper C. Oxley, Huntington Ingalls Ind.

8 Industrial Automation Medical $ M $ M. Industrial Aircraft Simulation $ M. and Test $ M. Energy $ M $ M Energy Space and $ M Defense $ M. FY 2016 SALES FY 2016 SALES. $ M $ M. INDUSTRIAL SYSTEMS COMPONENTS. World-class motion control products to enable customers to build machines that offer Innovative solution provider of sensing, control, power and data components and systems outstanding value Market leader in slip rings and fractional horsepower brushless DC motors, IV infusion and High performance motion control solutions delivered with deep expertise to customers in enteral medical pumps test, simulation and wind energy markets Multi-component and system level engineering and applications support Flexible.

9 Comprehensive and timely services, resulting in excellent value Medical: Industrial Automation Applications: Ambulatory infusion pumps and enteral nutrition feeding pumps Plastic injection and blow molding machine products hydraulic and electric designs to Motors and blowers for sleep disorder devices and portable oxygen therapy improve speed, performance and energy efficiency Slip rings and fiber optic rotary joints for medical imaging Steel mill servo control products for improving dimensional accuracy and surface finishes OEM air detection sensors and surgical handpieces Metal forming machinery and press products that improve machine performance and productivity Military and Commercial Aircraft: Multi-component and system level solutions for electro-optics/infrared sensors Energy Applications.

10 Aircraft servos and utility actuators for UAVs Wind turbine pitch systems and blade sensing systems for efficient operation, increased safety and turbine life extension Communication networking Ethernet switches, media converters, optical transceivers Gas and steam turbine solutions for precise control and greater safety of fuel metering Space and Defense Controls: and guide vane positioning Slip rings, motors and resolvers for solar array drive assemblies, armored vehicle and Oil and gas exploration and production solutions for downhole drilling, topside and subsea remote weapon station turrets equipment Industrial: Simulation and Test Applications.