On a corporate action affecting ordinary shares of Triumph Group, Inc. (TGI)

On February 2, 2025, Triumph Group, Inc. entered into a merger agreement under which it will be acquired by Titan BW Acquisition Holdco Inc. Triumph Group, Inc. stockholders will receive $26.00 in cash for each share of Triumph Group, Inc. that they own if transaction is approved by stockholders on the special meeting of stockholders to be held on April 16, 2025. Transaction is expected to close in the second half of calendar year 2025. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.