Avolon 2021 First Quarter Results Avolon, the international aircraft leasing company, announces results for the first quarter ('Q1') of 2021. 2021 FIRST QUARTER FINANCIAL HIGHLIGHTS US$ MILLION 0.1x Delivered $470 million of lease revenue during the quarter and generated over $117 million of net cash from operating activities in the quarter; Ended the quarter with total available liquidity of approximately $7.1 billion, including $2.2 billion of unrestricted cash and $4.8 billion of undrawn debt facilities; Raised $1.5 billion of senior unsecured notes at historically low coupon rates of 2.125% and 2.75% for 2026 and 2028 maturities respectively; and, Ended the quarter with a secured debt to total assets ratio of 23%, and $17.4 billion of unencumbered assets.