Directorate change

AVATION PLC

NON EXECUTIVE DIRECTOR APPOINTMENT

Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger aircraft leasing company announces the appointment of Mr Peter Davis as a Non-Executive Director of the Company with effect from 26 February 2026.

Mr Davis has over 30 years of corporate finance experience as a treasurer and investment banker with experience in origination and execution across capital markets, loan markets, interest rate and cross currency derivatives, corporate finance, structured finance, corporate treasury and relationship coverage. Mr Davis was Head of Treasury at BOC Aviation from 2008 to 2022, where he had overall responsibility for debt funding, interest rate risk management, liquidity and cash flow management as well as managing external stakeholder relationships with lenders, institutional debt investors and credit ratings agencies. Prior to his time at BOC Aviation, Mr Davis held several senior corporate and investment banking roles covering the aviation sector from 1994 to 2008. Mr Davis holds a Bachelor's degree in Economics from the University of Sydney and is a graduate of the Australian Institute of Company Directors.

Commenting on the appointment, Jeff Chatfield Executive Chairman of Avation, said: "We are pleased to welcome Peter Davis to the Board. His extensive experience in aviation finance, debt funding and treasury management will, we believe, be of considerable benefit to Avation as we continue to focus on optimising our capital structure and supporting the growth of our aircraft leasing platform."

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman

Tel: +65 6252 2077

Avation welcomes shareholder questions and comments. Please direct enquiries to:

[email protected]

Notes to Editors:

Avation PLC is a Singapore headquartered aircraft leasing company that owns and manages a fleet of commercial passenger aircraft leased to airlines worldwide. Further information is available at www.avation.net.