22 May 2020

Acumen further increases the strength of its appraisal team - Mr Yibang Wang Obtains Accredited Member Status from American Society of Appraisers (ASA)

Dublin – 22-05-2020: Acumen Aviation, a leading Aircraft Asset Management Services Company is delighted to announce that Mr Yibang Wang has successfully obtained “Accredited Member” status from American Society of Appraisers (ASA). Mr Wang is based out of Acumen’s Beijing office, China. Mr. Wang’s ASA accreditation will further increase Acumen’s dedicated team of appraisers and will strengthen Acumen’s current valuation capabilities, to meet growing client demand. Acumen now has a total of five certified appraisers; two ASA certified, one accredited member and one senior appraiser, together with three ISTAT certified appraisers. We congratulate Mr. Wang for this achievement. Mr. Wang has more than thirty-three years of techno-commercial and valuation experience. Mr. Wang has previously served multiple major airlines for more than twelve years and has held several key positions during his seventeen-year tenure with Airbus. Acumen appraisal services have been increasing by leaps and bound and Acumen not only have worked on several ABS portfolio valuations and continues to support its client through its Certified appraiser base which have diversified knowledge. Acumen has provided appraisal services for more than 1400 Assets, out of which more than 650 asset were appraised in 2019. Please reach out to Acumen at connect@acumen.aero for any valuation related requirement or should you need further information on Acumen valuation services.   About Acumen Aviation Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China and the USA.  Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Its customers include aircraft lessors, airlines, banks, private equity and investors.   For more information please contact: Acumen Press Office: Europe                             Acumen Press Office: Asia Location: Dublin, Ireland                                    Location: Bangalore, India Phone: +353-1-5677106                                       Phone: +91-80-42673905 martin.corcoran@acumen.aero                        vishwanath.hampanna@acumen.aero   Disclaimer: Cautionary Note Regarding Forward-Looking Statements; The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements, which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Acumen Aviation Europe Ltd core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.