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AVATION PLC

("Avation" or "the Company")

AUDITOR OF SUBSIDIARY

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company is pleased to announce the appointment of Moore Audit S.A. as independent auditor of its subsidiary Avation Capital S.A.  Moore Audit was appointed at a general meeting of Avation Capital S.A. held on 15 October 2024 for the period ending on the date of the annual general meeting to be held in 2025.

Avation Capital S.A. is a Luxembourg based wholly owned subsidiary of Avation PLC and the change of auditor is only applicable to that subsidiary. For clarity and certainty, there is no change of auditor for Avation PLC.

-ENDS-

Enquiries:

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

Avation welcomes shareholder questions and comments and advises the email address for questions is: [email protected] and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 6252 2077.

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.