Avation Senior Notes Coupon Payment

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has determined to pay cash for the interest coupon payable on Avation Capital S.A.'s Senior PIK Toggle Notes due 2026 on 15 May 2024. The company further advises that it has purchased into treasury US$10,000,000 Avation Capital S.A. Senior PIK Toggle Notes due 2026 issued under Avation's global medium term note programme. The notes were acquired at a price equal to 85.75 per cent of face value. The amount of bonds in issue net of those held in treasury is US$331,555,981 as at 13 May 2024.