WILLIS LEASE FINANCE Business Summary

Willis Lease Finance Corporation (WLFC) operates as a leading independent lessor and servicer of commercial jet engines and aircraft, primarily generating revenue through long-term and short-term operating leases, maintenance reserve fees, and the strategic sale of spare parts and equipment. The company’s business is structured into four primary segments: Leasing, which manages a multi-billion dollar portfolio of powerplants; Maintenance & Services, providing Part 145 repair and FBO operations through subsidiaries like Willis Aviation Services; Materials, focused on end-of-life solutions and surplus parts via Willis Aeronautical Services; and the newly established Willis Aviation Capital, which manages third-party assets and discretionary funds. WLFC distinguishes itself as a specialized niche player in the engine-specific market, competing directly with diversified lessors and aviation service providers such as AerCap Holdings N.V., Air Lease Corporation, FTAI Aviation Ltd., and AerSale Corporation. Founded in 1985 by Executive Chairman Charles F. Willis IV, a 40-year industry veteran, the company is currently led by his son, CEO Austin C. Willis, a former Army Green Beret who previously scaled aviation consulting and parts firms. The executive team includes EVP and CFO Scott B. Flaherty, whose background spans engineering at Pratt & Whitney and investment banking at Credit Suisse, and Brian R. Hole, who transitioned in January 2026 from President to Global Head of Managed Funds and Credit to lead the firm’s asset management expansion. Other key leaders include SVP and General Counsel Clifton Dameron and SVP of Aircraft Leasing Pascal Picano. The company’s board of directors features prominent industry figures such as Brendan Curran (former CEO of ELMS) and Colm Barrington (former CEO of Fly Leasing), with significant institutional backing from firms like Charles Schwab and State Street Corporation.