AerSale® Corporation announced that Robert ?Bob? Nichols will be retiring from his role as Vice Chairman and President of Asset Management after fifteen years with AerSale Inc. and many years of distinguished service within the aviation industry. Robert Nichols?

retirement will take effect on December 31, 2023, but he will continue to serve the Company as a dedicated member of the Board of Directors. Nichols helped establish AerSale in 2008 and during his fifteen years with the Company he has played an instrumental role in the growth and success of the organization. His strategic vision, leadership, and unwavering commitment to the Company?s mission have been invaluable.

As President of Asset Management, he played a key role in implementing strategies related to AerSale?s business portfolio, partner agreements, as well as mergers and acquisitions. His vision and industry knowledge contributed to AerSale?s position as a market leader in both the aftermarket aviation industry and the asset leasing and trading market. Following his retirement, Nichols will remain a member of the Board of Directors, where he will provide his insights and expertise in guiding the Company?s future endeavors.

His wealth of knowledge and experience will be a valuable asset as AerSale continues its journey of innovation and growth.