Aircastle Limited Effective October 5, 2023, Takashi Kurihara resigned as a member of the Board of Directors. Mr. Kurihara has been a Director of the Company since May 2019. Mr. Kurihara will remain as Chairman and still serve as a member of the Compensation, Risk & Governance, Audit and Investment Committees of the Board.

Effective October 5, 2023, Kosuke Takechi has become a member of the Board of the Company. Mr. Takechi was nominated to the Board by Marubeni Corporation and appointed as Director as set forth in the Company's bylaws. Mr. Takechi currently holds the position of Managing Executive Officer and serves as the Regional CEO for the Americas, as well as the Regional COO for North & Central Americas, at Marubeni.

He also holds the role of President and CEO of Marubeni America Corporation. Prior to this, Mr. Takechi served as an Executive Officer and held the position of Chief Operating Officer of the Aerospace & Ship Division from April 2018 to March 2022. Mr. Takechi's academic background includes a bachelor's degree from the Faculty of Law at Keio University in Tokyo.

With over three decades of experience within Marubeni's Aerospace & Ship Division, Mr. Takechi brings a wealth of expertise to the Board, particularly in the areas of operational management, strategic planning, and financial matters relevant to the aviation industry. Mr. Takechi will not receive any compensation from the Company for his service as a director.