Aircastle Fleet Evolution and Financial Update Q3 2023

Evolution of Aircastle's Fleet Portfolio Rebalancing to Concentrate on Highly Liquid Narrowbodies AIRCASTLE A MARUBENI & MIZUHO LEASING COMPANY FYE 20131 Mostly wide-body and freighter focused. fleet Weighted Average Age 9.9 years $4.9B NBV Q3 20232 Narrow-body focused fleet with growing number of new tech aircraft De-risked of wide-bodies and freighters. Weighted Average Age 9.4 years $6.8B NBV 2% • Narrow-bodies make up 92% of fleet (by number of aircraft) and 86% by NBV Since 2018, new technology aircraft have comprised 58% of new investments amounting to $2.1 billion Strategically Investing in New Technology 3 19% 45% 12% 36% 86% ■ Narrowbody ■ Widebody ■ Freighter ■ Narrowbody ■ Widebody ■ Freighter 1: NBV as of December 31, 2013 (excludes JV aircraft). 2: NBV as of November 30, 2023 (excludes JV aircraft). 3: New technology includes Airbus A320neo and A321neo, Boeing 737MAX8, and Embraer E2. Source: Company filings AIRCASTLE * Boeing 737MAX8 AIRCASTLE Airbus A320neo Fleet NBV of high efficiency - low emissions aircraft increased 46% vs PY Embraer E2 Airbus A321neo 7

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