Item 5. OTHER INFORMATION

As disclosed in the Company’s proxy statement filed on January 27, 2023, and following her 12 years with the Company, Halle Martin retired from her position as General Counsel, Chief Compliance Officer and Secretary of TransDigm Group Incorporated effective February 3, 2023. Following her retirement, it is expected that Ms. Martin will continue to provide consulting services to the Company. In connection with her retirement, Ms. Martin and the Company entered into a Separation and Consulting Agreement whereby the Company agreed to provide Ms. Martin with the benefits to which she would have been entitled under her outstanding option agreements in the event of a qualified retirement that met the definition of retirement thereunder and, in exchange, Ms. Martin agreed to provide a release of claims and continuing cooperation to the Company. Specifically, Ms. Martin will receive (a) continued vesting of options previously granted (namely, 60% of her options granted in November 2019 will be permitted to vest in accordance with their terms and 20% of her options granted in November 2021 will be permitted to vest in accordance with their terms) and (b) all of Ms. Martin’s vested options will remain exercisable for the life of the options. In addition, the agreement provides for continued consulting services to be rendered by Ms. Martin at the Company’s request.