<div id="readability-page-1"><div>RNS Number : 5803I Avation PLC 21 November 2025 Via RNS and SGXNETAVATION PLC(&#34;Avation&#34; or &#34;the Company&#34;)WARRANT EXERCISE AND DIRECTORS' DEALINGAvation PLC , the commercial passenger aircraft leasing company announces that the Company has transferred 842,997 ordinary shares from treasury in satisfaction of the consideration for the exercise of all outstanding 2022 series staff warrants. Following the transfer of 842,997 ordinary shares out of treasury, there is a total of 66,636,738 ordinary shares in issue, with 4,338,999 shares held in treasury. Accordingly, the number of voting rights in the Company is 62,297,739 for the purpose of calculating shareholders' percentage of voting rights.DIRECTORS' DEALINGRobert Jeffries Chatfield, a director, received (via a company in which he is interested) 290,242 ordinary shares from treasury as part of this transaction. Accordingly, his direct and indirect holding is 12,671,242 ordinary shares in the capital of the Company, which represents 20.34 per cent of the total voting rights.Roderick Douglas Mahoney, a director, received 88,784 ordinary shares from treasury as part of this transaction. Accordingly, his direct and indirect holding is 818,784 ordinary shares in the capital of the Company, which represents 1.31 per cent of the total voting rights.Mark Shelton, a director, received 16,142 ordinary shares from treasury as part of this transaction. Accordingly, his direct and indirect holding is 40,982 ordinary shares in the capital of the Company, which represents 0.07 per cent of the total voting rights. -ENDS-Enquiries:Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077Avation welcomes shareholder questions and comments and advises the email address for questions is: investor@avation.net and the Company provides an investor Q &amp; 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.Market Abuse Regulation (MAR) DisclosureThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.Notification and public disclosure of transactions by persons discharging managerial responsibilities (&#34;PDMRs&#34;) and persons closely associated (&#34;PCAs&#34;) with them.<div><table><tbody><tr><td>1.</td><td colspan="2">Details of the PDMR / person closely associated</td></tr><tr><td>a)</td><td>Name</td><td>Robert Jeffries Chatfield</td></tr><tr><td>2.</td><td colspan="2">Reason for the notification</td></tr><tr><td>a)</td><td>Position / status</td><td>Executive Chairman</td></tr><tr><td>b)</td><td>Initial notification / amendment</td><td>Initial notification</td></tr><tr><td>3.</td><td colspan="2">Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</td></tr><tr><td>a)</td><td>Name</td><td>Avation PLC</td></tr><tr><td>b)</td><td>LEI</td><td>213800KA972GUP1B6I78</td></tr><tr><td>4.</td><td colspan="2">Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted</td></tr><tr><td>a)</td><td>Description of the financial instrument, type of instrumentIdentification code</td><td>Ordinary shares of £0.01 eachGB00B196F554 (ISIN)</td></tr><tr><td>b)</td><td>Nature of the transaction</td><td>Exercise of warrants to subscribe for ordinary shares</td></tr><tr><td>c)</td><td>Price(s) and volume(s)</td><td><div><table><tbody><tr><td>Price(s)</td><td>Volume(s)</td></tr><tr><td>£NIL</td><td>290,242</td></tr></tbody></table></div></td></tr><tr><td>d)</td><td>Aggregated information</td><td>See above</td></tr><tr><td></td><td>- Aggregated volume</td><td></td></tr><tr><td></td><td>- Price</td><td></td></tr><tr><td>e)</td><td>Date of the transaction</td><td>21 November 2025</td></tr><tr><td>f)</td><td>Place of the transaction</td><td>London Stock Exchange</td></tr></tbody></table></div><div><table><tbody><tr><td>1.</td><td colspan="2">Details of the PDMR / person closely associated</td></tr><tr><td>a)</td><td>Name</td><td>Roderick Douglas Mahoney</td></tr><tr><td>2.</td><td colspan="2">Reason for the notification</td></tr><tr><td>a)</td><td>Position / status</td><td>Director</td></tr><tr><td>b)</td><td>Initial notification / amendment</td><td>Initial notification</td></tr><tr><td>3.</td><td colspan="2">Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</td></tr><tr><td>a)</td><td>Name</td><td>Avation PLC</td></tr><tr><td>b)</td><td>LEI</td><td>213800KA972GUP1B6I78</td></tr><tr><td>4.</td><td colspan="2">Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted</td></tr><tr><td>a)</td><td>Description of the financial instrument, type of instrumentIdentification code</td><td>Ordinary shares of £0.01 eachGB00B196F554 (ISIN)</td></tr><tr><td>b)</td><td>Nature of the transaction</td><td>Exercise of warrants to subscribe for ordinary shares</td></tr><tr><td>c)</td><td>Price(s) and volume(s)</td><td><div><table><tbody><tr><td>Price(s)</td><td>Volume(s)</td></tr><tr><td>£NIL</td><td>88,784</td></tr></tbody></table></div></td></tr><tr><td>d)</td><td>Aggregated information</td><td>See above</td></tr><tr><td></td><td>- Aggregated volume</td><td></td></tr><tr><td></td><td>- Price</td><td></td></tr><tr><td>e)</td><td>Date of the transaction</td><td>21 November 2025</td></tr><tr><td>f)</td><td>Place of the transaction</td><td>London Stock Exchange</td></tr></tbody></table></div><div><table><tbody><tr><td>1.</td><td colspan="2">Details of the PDMR / person closely associated</td></tr><tr><td>a)</td><td>Name</td><td>Mark Stephen Shelton</td></tr><tr><td>2.</td><td colspan="2">Reason for the notification</td></tr><tr><td>a)</td><td>Position / status</td><td>Director</td></tr><tr><td>b)</td><td>Initial notification / amendment</td><td>Initial notification</td></tr><tr><td>3.</td><td colspan="2">Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor</td></tr><tr><td>a)</td><td>Name</td><td>Avation PLC</td></tr><tr><td>b)</td><td>LEI</td><td>213800KA972GUP1B6I78</td></tr><tr><td>4.</td><td colspan="2">Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted</td></tr><tr><td>a)</td><td>Description of the financial instrument, type of instrumentIdentification code</td><td>Ordinary shares of £0.01 eachGB00B196F554 (ISIN)</td></tr><tr><td>b)</td><td>Nature of the transaction</td><td>Exercise of warrants to subscribe for ordinary shares</td></tr><tr><td>c)</td><td>Price(s) and volume(s)</td><td><div><table><tbody><tr><td>Price(s)</td><td>Volume(s)</td></tr><tr><td>£NIL</td><td>16,142</td></tr></tbody></table></div></td></tr><tr><td>d)</td><td>Aggregated information</td><td>See above</td></tr><tr><td></td><td>- Aggregated volume</td><td></td></tr><tr><td></td><td>- Price</td><td></td></tr><tr><td>e)</td><td>Date of the transaction</td><td>21 November 2025</td></tr><tr><td>f)</td><td>Place of the transaction</td><td>London Stock Exchange</td></tr></tbody></table></div>This information is provided by RNS, the news service of the London Stock Exchange. 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AVAP

Avation PLC announced the exercise of all outstanding 2022 series staff warrants, transferring 842,997 ordinary shares from treasury. Post-transfer, the company has 66,636,738 shares issued, with 62,297,739 voting rights. Directors Robert Chatfield, Roderick Mahoney, and Mark Shelton received shares, adjusting their holdings to 20.34%, 1.31%, and 0.07% of voting rights, respectively. The transactions were conducted on the London Stock Exchange on 21 November 2025.

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