Investor Presentation

debt maturity progression YTD AYR has made significant progress in resolving balance sheet and capital structure issues including Upon competition of the recently announced debt agreement, AYR will have paid-off or deferred ~$400M in debt that would have matured before the end of 2024. In connection with the announced debt agreement, AYR will use capital proceeds to retire additional debt and plans to have no debt amortization or maturities due before the end of 2026 PRE AMENDMENT-MATURITY PRO millions $17 2023 $380 $243 $28 $26 $83 2024 $11 2025 $2 $39 $33 2027+ 2026 SELLER NOTES MORTGAGES 1) Pro Forma Maturity Profile Does not Include recently announced Indenture Notes upsizing ($50M) which matures in 2026 PRO FORMA MATURITY PROFILE millions $4 2023 EARN-OUTS $24 2024 $26 2025 INDENTURE NOTES $330 $243 $22 $63 2026 $80 $33 $48 2027+ 16

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