GMTN Programme Quarterly Update

Via RNS and SGXNET

AVATION PLC

GMTN Programme Quarterly Update

Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger aircraft leasing company, announces that its wholly owned subsidiary, Avation Group (S) Pte. Ltd. (the "Issuer"), is providing its quarterly update on its Senior 8.5% Notes due in 2031, issued under its US$1 billion global medium term note programme (the "Notes").

As at 13 April 2026, the principal amount of the Notes outstanding is US$300,000,000, of which US$1,000,000 is held in treasury. The Notes held in treasury are not cancelled and do not carry voting rights or accrue interest. The Company may continue to purchase Notes in the open market, subject to prevailing market conditions, liquidity, and other considerations. Further details will be provided in the next quarterly update.

This announcement is for information purposes only and does not constitute, or form part of, an offer of securities or an invitation to acquire or subscribe for securities in any jurisdiction.

-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.