Announcement • Mar 05
Avation plc Appoints Andrew Hiscock as Chief Financial Officer, Effective March 4, 2026 Avation PLC announced the appointment of Mr. Andrew Hiscock as Chief Financial Officer, effective March 4, 2026. Mr. Hiscock brings more than 30 years of financial leadership experience, with sector expertise spanning aviation, aerospace, defence, and construction. He qualified as a Chartered Accountant with PricewaterhouseCoopers in London during the 1990s, where he developed a strong technical foundation in audit across industry and commerce sectors, prior to joining GlaxoSmithKline in a series of commercial financial management and control roles. In the early 2000s, Mr. Hiscock was appointed Finance Director of NetJets Europe during a period of significant growth, contributing to the company's consolidation as the market leader in European private aviation. He later served as Chief Financial Officer of Hybrid Air Vehicles, an aerospace and defence company focused on the development of unmanned air vehicle technology. Since relocating to Singapore in 2013, Mr. Hiscock has held senior regional financial leadership responsibilities for ISG plc, overseeing operations across Asia and the Middle East. He holds a Bachelor of Arts degree in Economics and Statistics from the University of Exeter and is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). Reported Earnings • Mar 02
First half 2026 earnings released: US$0.076 loss per share (vs US$0.012 profit in 1H 2025) First half 2026 results: US$0.076 loss per share (down from US$0.012 profit in 1H 2025). Revenue: US$55.5m (up 4.8% from 1H 2025). Net loss: US$4.90m (down US$5.77m from profit in 1H 2025). Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to grow by 5.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Feb 26
Avation PLC Announces Appointment of Peter Davis as A Non-Executive Director, Effective from February 26, 2026 Avation PLC announced the appointment of Mr. Peter Davis as a Non-Executive Director of the Company with effect from 26 February 2026. Mr. Davis has over 30 years of corporate finance experience as a treasurer and investment banker with experience in origination and execution across capital markets, loan markets, interest rate and cross currency derivatives, corporate finance, structured finance, corporate treasury and relationship coverage. Mr. Davis was Head of Treasury at BOC Aviation from 2008 to 2022, where he had overall responsibility for debt funding, interest rate risk management, liquidity and cash flow management as well as managing external stakeholder relationships with lenders, institutional debt investors and credit ratings agencies. Prior to his time at BOC Aviation, Mr. Davis held several senior corporate and investment banking roles covering the aviation sector from 1994 to 2008. Mr. Davis holds a Bachelor's degree in Economics from the University of Sydney and is a graduate of the Australian Institute of Company Directors.