Robert Jeffries Chatfield, a director, subscribed by warrant exercise on 23 March 2023 via a company in which he is interested for 300,000 ordinary shares and has now sold these 300,000 shares through the market at an average price of 125 pence per share.

Accordingly, his direct and indirect holdings in ordinary shares are 12,230,001 which represent 17.25 per cent of the share capital.

Avation welcomes shareholder questions and comments and advises the email address for questions is: investor@avation.net and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 62522077.

Notes to Editors: Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.

Contact:

Tel: +65 6252 2077

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