MANDATE ANNOUNCEMENT

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

US$ 144A/RegS - MANDATE ANNOUNCEMENT

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, rated B1 by Moody's, B- by S&P, and B by Fitch, has appointed Wells Fargo Securities and HSBC to arrange a series of global fixed income investor meetings commencing on October 8, 2025. An offering of US$300-400m, up to 5.5 NC2 years, 144A/Reg S senior unsecured notes by Avation Group (S) Pte. Ltd. and guaranteed by the Company may follow, subject to market conditions.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or any other jurisdiction. Any securities, if issued at all, may not be offered or sold within the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. Any public offering of securities to be made in the United States will be made by means of a prospectus, which will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to register any securities in the United States, and no public offering of securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. A rating is not a recommendation to buy, sell or hold any securities and may be subject to suspension, revision or withdrawal at any time by the rating agency.

-ENDS-

Enquiries:

Wells Fargo Securities - Chip Allison, Managing Director, +1 704 410 4818

HSBC - Carla Goudge, Head of Debt Syndicate, Asia-Pacific +65 6658 8796

Avation welcomes shareholder questions and comments and advises the email address for questions is: [email protected] and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 6252 2077.

Notes to Editors:

Avation PLC is a commercial passenger aircraft leasing company, headquartered in Singapore, owning and managing a fleet of widebody, narrowbody jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include 15 commercial airlines in 14 countries. Avation's fleet of aircraft is currently fully leased and utilised. The Company is listed on the London Stock Exchange with ticker AVAP.L, more information on Avation is available at www.avation.net.