PROPRIETARY First Equity Copyright 2018 © First Equity Group, Inc. – 17 – First Aviation Services Inc. (FAvS) Currently In December of 2009, First Aviation acquired three component MRO facilities: − Aerospace Turbine Rotables (AeTR) was created through the acquisition of the “Turbine Rotables” division of Kelly Aerospace, with facilities in Wichita and Dallas − Piedmont Propulsion Systems (PPS) was created through the acquisition of the propeller operations of Piedmont Aviation Component Services − In 2015, First Aviation established Evōlution Aerospace (EVO) to market and sell FAA PMAs