Air Lease (NYSE: AL) announced today that its Class A common stockholders have voted to approve the previously announced definitive merger agreement, dated as of September 1, 2025, pursuant to which Air Lease will be acquired by a new holding company named Sumisho Air Lease Corporation DAC, based in Dublin, Ireland, whose shares will be held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Brookfield. On the closing of the transaction, Air Lease will be renamed Sumisho Air Lease Corporation. Under the terms of the merger agreement, at the closing of the transaction, Air Lease Class A common stockholders will receive $65.00 in cash for each share of Class A common stock of Air Lease held immediately prior to the effective time of the merger.

Holders of approximately 80.7% of the shares of Class A common stock outstanding as of the close of business on November 3, 2025, the record date for the special meeting, voted in favor of the approval and adoption of the merger agreement. The final voting results of the special meeting will be included in a Current Report on Form 8-K filed by Air Lease with the U.S. Securities and Exchange Commission.

John L. Plueger, Chief Executive Officer and President of Air Lease, said, “We are pleased with the results from our special meeting and thank our stockholders for their support. Today marks a major milestone for Air Lease. We look forward to completing this transaction.”

The transaction is expected to close in the first half of 2026, subject to the satisfaction of the closing conditions set forth in the merger agreement and discussed in detail in the definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission by Air Lease on November 4, 2025, as supplemented on November 28, 2025.