NOTICE OF AGM

Via RNS and SGXNET

AVATION PLC

("AVAP" or "the Company")

NOTICE OF AGM

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it will be holding its annual general meeting at 9.00 a.m. (UK time) on 23 December 2020, at 65 Kampong Bahru Road, Singapore 169370 ("AGM").

Due to UK government restrictions and pursuant to the provisions of the UK Corporate Insolvency and Governance Act 2020, it will not be possible to offer a satellite meeting location in the UK. Shareholders based in the UK are urged to vote in advance by proxy and to appoint the Chairman of the meeting as their proxy to ensure their votes are cast. The Company will arrange access to the meeting by way of teleconference and details of this will be announced in due course. Please note that the teleconference will not have any voting facilities.

Copies of the following documents have been posted to shareholders and a notice of meeting is available on our website www.avation.net/notices.html:

· Notice of AGM

· Form of proxy for use at the AGM

The Company's Annual Report for 2020 is available on the Company's website at www.avation.net/reports.html.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: [email protected]

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore which owns and manages a fleet of commercial passenger aircraft leased to airlines around the world.

More information on Avation is available at www.avation.net.