Gama Aviation Regulatory News (GMAA)

(a) Full name of discloser:

1. Marwan Khalek

2. Bermesico Holdings Limited & Gesafi Real Estate S.A.

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

1. N/A

2. The Capri Family Trust (Jersey)

Trustee:

Solaro AG, located at Ringstrasse 14, 7000 Chur, Switzerland with Wolfgang Klien, Jürg Greter and Christian Gstöhl as Directors

Settlor:

The Capri Family Foundation, located at PH Venturi House, 49 St, Bella Vista, Panama City, Panama

Beneficiaries:

The descendants of Tom (Shlomo) Wyler

The Foundation was established in 2009 by the late Ernst Wyler (2012). Tom (Shlomo) Wyler is a consultant to the Foundation, however, for clarity, Tom Wyler disclaims control and a beneficial ownership in the Trust and Foundation.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Gama Aviation plc

(d) Is the discloser the offeror or the offeree?

JOINT OFFERORS

(e) Date position held:

The latest practicable date prior to the disclosure

27 March 2024

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

N/A

Class of relevant security:

1p Ordinary Shares

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:1

14,179,607

22.14

NIL

-

(2) Cash-settled derivatives:

NIL

-

NIL

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

NIL

-

NIL

-

TOTAL:

14,179,607

22.14

NIL

-

Class of relevant security:

1p Ordinary Shares

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

14,361,483

22.43

NIL

-

(2) Cash-settled derivatives:

NIL

-

NIL

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

NIL

-

NIL

-

TOTAL:

14,361,483

22.43

NIL

-

Class of relevant security in relation to which subscription right exists:

1p Ordinary shares

Details, including nature of the rights concerned and relevant percentages:

1. Marwan Khalek

2. Bermesico Holdings Limited & Gesafi Real Estate S.A.

None

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

(a) Interests held by parties acting in concert with the Offerors

(b) Interests held as options or awards under the share plans of Gama Aviation plc by those acting in concert with the Offerors

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

22 March 2024

Marwan Khalek

Rouven Schwarz (for Bermesico Holdings Limited & Gesafi Real Estate S.A.)

+44 125 298 4515

+41 792 456 287