Willis Lease Finance Corp

Flaherty NEWS RELEASE Executive Vice President Chief Financial Officer 561.413.0112 Record Quarterly Lease Rent Revenue Reported in Willis Lease Finance Corporation s First Quarter 2026 Financial Results Declares Second Quarter 2026 Dividend of $0.40 Per Share COCONUT CREEK, FL May 5, 2026 Willis Lease Finance Corporation (NASDAQ WLFC) ( WLFC or the Company ), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced its financial results for the first quarter ended March 31, 2026.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

The Company also announced a quarterly dividend of $0.40 per share of common stock outstanding.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

The dividend is expected to be paid on May 22, 2026 to shareholders of record at the close of business on May 11, 2026.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

We define Adjusted EBITDA as net income attributable to common shareholders, excluding (i) income tax expense, (ii) interest expense, (iii) preferred stock dividends costs, (iv) loss on debt extinguishment, (v) depreciation and amortization expense, (vi) stock compensation expense, (vii) write-down of equipment, (viii) acquisition, financing and divestitures related expenses, and (ix) other items not indicative of our ongoing operating performance.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

They also include statements containing a projection of revenues, earnings (loss), capital expenditures, dividends, capital structure or other financial terms.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Certain statements regarding the following particularly are forward- looking in nature: Willis Lease Financial Corporation (the "Company" or "WLFC") s business strategy; WEST s business strategy and assumptions used to develop the cash flow models; future performance, developments, market forecasts or projections; and WLFC s projected capital expenditures.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

In the first quarter we outperformed nearly every revenue and earnings metric compared to Q1 2025, said Austin Willis, CEO of WLFC, and, thanks to the capital strategy we executed, we are poised for significant growth.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

In Q1 2026 and 2025, the Company recognized $0.03 million and $11.8 million, respectively, in non-recurring project expenses associated with the sustainable aviation fuels project, which the Company decided to cease investment in and pursue strategic alternatives for, including, a potential sale.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Certain statements regarding the following particularly are forward- looking in nature: Willis Lease Financial Corporation (the "Company" or "WLFC") s business strategy; WEST s business strategy and assumptions used to develop the cash flow models; future performance, developments, market forecasts or projections; and WLFC s projected capital expenditures.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

WILLIS AVIATION CAPITAL ENHANCES WLFC PORTFOLIO Transforms WLFC from balance-sheet lessor to scaled aviation asset manager >$1.0BBlackstone Credit & Insurance Engine leasing Up to $600M $86M funded in Q1 Liberty Mutual Investments Funds growing credit strategy $707M 50/50 Joint Ventures Willis Mitsui & Co.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

2) In Q1 2026 and 2025, the Company recognized $0.03 million and $11.8 million, respectively, in non-recurring project expenses associated with the sustainable aviation fuels project, which the Company decided to cease investment in and pursue strategic alternatives for, including, a potential sale.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Forward-Looking Statements Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

By their nature, forward-looking statements involve a number of inherent risks, uncertainties and assumptions and are subject to change in circumstances that are difficult to predict and many of which are outside of our control.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein.

SEC original ↗Willis Lease Finance Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known and many of which are beyond WLFC s and WEST s control, which may cause actual results, performance or financial condition to be materially different from the stated expectations of future results, performance or financial position, as well as those included in the cash flow models.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

In light of these risks, uncertainties and assumptions, you are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of presentation or as of the date of any document incorporated by reference, as applicable.

SEC original ↗Willis Lease Finance Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Legal Proceedings 43 Item 1A.

SEC original ↗Willis Lease Finance Corp — 10-Q Quarterly report10-QAug 4, 2026