Slide 1: Corporate Update January 2025
Equity Ticker LSE: AVAP.L Warrants Ticker LSE:AVAW.L Bond Ticker LU: AVTCAP Corporate Update January 2025
Slide 2: Important Notice
Important Notice Some of the statements in this presentation constitute “forward-looking statements” that do not directly or exclusively relate to historical facts. These forward-looking statements reflect the Company’s current intentions, plans, expectations, assumptions and beliefs about future ev
Slide 3: Snapshot
Snapshot 18%/55%/27% 32 15 Airline Customers in Aircraft Customers 13 Countries Widebody/Narrowbody /Turboprop by value 7.9 Years 3.8 Years US$1.1B US$365M Average Average Remaining Unearned contracted Aircraft Age Lease Term Total asset value (1) lease receivables (2) 1.As at 30 June 2024. 2.Lease
Slide 4: Portfolio
Portfolio Balanced fleet with Orderbook and Purchase Rights Aircraft Type By Net Book Value Purchase Aircraft Type Fleet Orders Rights Turboprop Aircraft Turboprop 27% ATR 72-600 13 11 24 ATR 72-500 4 - - Widebody 18% Narrowbody Aircraft A321-200 6 - - A320-200 2 - - A220-300 5 - - Widebody Aircraft
Slide 5: Orderbook and Purchase Rights
Orderbook and Purchase Rights Orderbook • 11 ATR72-600 on order for delivery between Q1 2025 and Q2 2028. • Market value $23 million per aircraft. (1) • All aircraft feature latest PW127-XT engines and are expected to be 100% SAF compatible. • Aircraft scheduled for delivery in March 2025 has been p
Slide 6: Customers: 15 Airlines in 13 Countries
Customers 15 Airlines in 13 Countries Airline Aircraft Number Vietjet A321-200 6 Air Baltic A220-300 5 Aerlink ATR 72-500 3 Mandarin ATR 72-600 3 Alliance Air ATR 72-600 2 Braathens ATR 72-600 2 US Bangla ATR 72-600 2 Cebu Pacific ATR72-600 1 Cebu Pacific A320-200 1 Philippine Airlines B777-300ER 1
Slide 7: Loan maturity profile
Loan maturity profile 500 450 400 350 300 332 $m 250 200 150 100 41 50 8 64 76 48 30 34 11 19 0 2025 2026 2027 2028 2029 2030 2031 Secured loans Warehouse loan Unsecured notes 7
Slide 8: Lease expiry profile
Lease expiry profile 8 7 6 Number of aircraft 5 4 3 2 1 0 2025 2026 2027 2028 2029 2030 2031 2032 ATR 72-500 ATR 72-600 A320-200 A321-200 A220-300 A330-300 B777-300ER 777-300ER will now remain on lease to Philippine Airlines to December 2029 8
Slide 9: Upward Trend In Market Values
Upward Trend In Market Values Market values for popular aircraft types have increased due to supply chain issues, improved demand for air travel etc. 10-year old aircraft (1) 60 50 40 30 20 10 0 ATR 72-600 A320-200 A321-200 A330-300 B777-300ER 2023 2024 2025 1. Half-life condition, basic configurati
Slide 10: ATR Program
ATR Program tion PLC A Successful Program +200 100 1,800 1,600 36M +1B operators countries aircraft sold deliveries flights Passengers 10
Slide 11: ATR Customer Base
avation PLC ATR Customer Base A diverse customer base... ‘#Operators: Se +200 OPERATORS HAP 100 covrrnes Various operations: Regional Airlines, Network Carriers, LCC, Charters, Cargo, VIP, Special Mission ATTTE family Family —Dashs wT ree F San? ME Ngo. Oey ae, roan OF oo # ha € . = q ATR 11
Slide 12: ATR Replacement Opportunity
ATR Replacement Opportunity over retirement age 12
Slide 13: ATR 100% SAF by Year 2025
ATR 100% SAF by Year 2025 Note: SAF : refers to Sustainable Aviation Fuel, an alternative fuel (renewable or waste derived) made from non-petroleum feedstocks that reduces emissions from air transportation. This bio-fuel is expected to reduce aviation emissions by up to 80% when compared with fossil
Slide 14: Conclusion
Conclusion Market conditions are supportive Fleet is 100% leased Orderbook and purchase rights provide growth opportunity 14
Slide 15: Contacts
Contacts Avation PLC 65 Kampong Bahru Road Singapore 169370 Phone: + 65 6252 2077 www.avation.net Jeff Chatfield Iain Cawte Ashley Nicholas Duncan Scott Executive Chairman Chief Financial Officer Director – Corporate Finance Group General Counsel jeff@avation.net iain@avation.net ashley@avation.net