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 9 July 2026, the principal amount of the Notes outstanding is US$300,000,000, of which US$2,000,000 are held in treasury. The Notes held in treasury 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.