On May 1, 2018, the Board of Directors of Aircastle Limited pursuant to the Shareholder Agreement, dated June 6, 2013 (as amended), by and between the Company and Marubeni Corporation, appointed Hajime Kawamura, to replace Yukihiko Matsumura, who resigned from the Board as of such date, as a Class I director until the Annual General Meeting of Shareholders in 2019 or until his office shall otherwise be vacated pursuant to the Company’s Bye-Laws.