American Aires Inc. announced the appointment of Mr. Jacinto Vieira as a Director of the Company, effective December 24, 2021 and Mr. Christoffer Guajala as Chief Operating Officer of the Company, effective January 1, 2022. In connection with the foregoing, the Company announces the resignation of Igor Serov as Director of the Company, effective immediately, and the resignation of Yan Namer as Chief Operating Officer of the Company, effective January 1, 2022. Mr. Serov will continue to provide services to the Company upon request as a consultant. The Board of Directors and management team would like to thank Messrs. Serov and Namer for their contributions to the Company and wish them every success in their future endeavours.