Warsaw, 7 May 2012

PRESENTATION FOR SHAREHOLDERSPRESENTATION FOR SHAREHOLDERS

16 August, 2013

1

§ ASG Group’s Achievements in 1HY 2013

§ ASG Group’s Structure / Areas of Activity

§ ASG Group’s Financial Results in 1HY 2013

§ ASG Group’s Revenue, Net Profit

§ Sales / Gross Profit Breakdown by Business Segments

§ Consolidated Balance Sheets

§ ASG Group’s Cash Flows and CAPEX

§ ASG Group’s Employees

§ ASG Share Price & Performance

§ ASG Shareholders

Content

ASG Group Achievements in 1HY 2013

Financial Parameters: § Increase in consolidated revenue from

continuing operations by 6 % (1HY 2013 vs 1HY 2012) up to LTL 261 million;

§ Over LTL 23.7 million of net profit attributable to equity holders.

Realization of Strategic Projects: § On 29 March 2013, Avia Solutions Group

AB sold 95.5 % of the share capital of Small Planet Airlines UAB (Lithuania) and Small Planet Airlines Sp.z.o.o. (Poland) to the management of these companies Mr. Vytautas Kaikaris (65.5%) and Mr. Andrius Staniulis (30%).

2

ASG Group’s Structure / Areas of Activity

3

MRO segmentGH & FuellingSegment

CharterOperationsSegment(discontinued operations)

TrainingSegment

ASG Group’s Structure: by companies

3

•Small Planet Airlines s.r.l. (35.5%)•Small Planet Airlines UAB (sold on

29 March 2013)•Small Planet Airlines Sp.z.o.o. (sold on

29 March 2013)

•Baltic Aviation Academy UAB (100%)•AviationCV.com UAB (100%)

•Baltic Ground Services UAB (100%)•Baltic Ground Services Sp.z.o.o (100%)

•Baltic Ground Services s.r.l. (100%)•Baltic Ground Services TOV UA

(100%)•Ground Handling CIS UAB (100%)

• FL Technics AB (LT, 100%) •FL Technics Jets UAB (LT, 100%)•Locatory.com UAB (LT, 95%)•FL Technics Line OOO (RU, 93%)•Storm Aviation Ltd. (UK, 100%)•Storm Aviation Cyprus Ltd. (CY, 100%)•FL Technics Ulyanovsk OOO (RU, 99%)•FLT Trading House UAB (LT, 100%)

MRO SEGMENT (8 companies)

GH & FuellingSegment(5 companies)

Charter Operations Segment(discontinued operations)

TrainingSegment

(2 companies)

ASG Group’s Financial Results in 1HY 2013

3

2Q 2013 2Q 2012

Change (2Q 2013

vs 2Q 2012)

LTL thousands (except margins & EPS & numbers of shares) HY 2013 HY 2012

Change (HY 2013

vs HY 2012)

138 110 141 057 -2.1% Revenue from continuing operations 260 788 247 190 +5.5%18 721 22 182 -15.6% Gross profit from continuing operations 34 763 36 365 -4.4%13.6% 15.7% -2.2 pp Gross profit margin (%) 13.3% 14.7% -1.4 pp6 570 13 422 -51.1% Operating profit from continuing operations 12 627 20 432 -38.2%4.8% 9.7% -5 pp Operating profit margin (%) 9.1% 14.8% -5.7 pp4 944 12 457 -60.3% Profit before income tax from continuing operations 10 549 19 228 -45.1%4 216 9 830 -57.1% Net profit for the period from continuing operations 9 304 15 625 -40.5%

2.6% 5.5% -2.9 ppNet profit or the period from continuing operations

margin (%) 17.0% 8.3% +8.7 pp(604) (2 218) - Net profit for the period from discontinued operations 14 204 (4 194) -3 612 7 612 -52.5% Net profit for the period 23 508 11 431 +105.7%3 611 7 713 -53.2% Net profit attributable to equity holders 23 746 11 653 +103.8%2.6% 5.6% -3 pp Net profit attributable to equity holders margin (%) 17.2% 8.4% +8.8 pp0.614 1.309 -53.1% EPS (LTL) 4.033 1.978 +103.9%6 912 6 621 +4.4% CAPEX (additions of PPE and intangible assets) 12 502 13 373 -6.5%

10 214 15 010 -32% Net cash at the end of period 10 214 15 010 -32%5 881 5 893 - Weighted average number of ordinary shares (thousand) 5 887 5 893 -

ASG Group’s Revenue, Net Profit

6

3.1%

50

69

74

98

106

141

153

136

123

138

8

7

4

3

6

10

10

0,1

5

4

0 40 80 120 160

2011 Q1

2011 Q2

2011 Q3

2011 Q4

2012 Q1

2012 Q2

2012 Q3

2012 Q4

2013 Q1

2013 Q2

Revenue from continuing operations (mln LTL)Net profit from continuing operations (mln LTL)

-2.6%, 2Q13 vs 2Q12

Net Profitability

7

Consolidated Income Statements (quarterly)

7

* Segments’ share in Sales and Gross Profit calculated based on total Sale/ Gross Profit value (including intercompany transactions)

Sales / Gross Profit Breakdown by Business Segments, 2Q 2013

Business Segments’ Revenue – Mix Change (mln LTL)

Business Segment’s Gross Profitability – Mix Change (mln LTL)

80 71

9

-

25

50

75

MRO segment GH & Fuelling Segment Training Segment

2012 2Q

2013 2Q

14

2 3

-

5

10

15

8

Consolidated Income Statements (quarterly)

8

* Segments’ share in Sales and Gross Profit calculated based on total Sale/ Gross Profit value (including intercompany transactions)

Sales / Gross Profit Breakdown by Business Segments, 1HY 2013Business Segments’ Revenue – Mix Change (mln LTL)

Business Segment’s Gross Profitability – Mix Change (mln LTL)

154

132

15

-

25

50

75

100

125

150

MRO segment GH & Fuelling Segment Training Segment

1HY 20121HY 2013

28

4 4 -

5

10

15

20

25

30

9

Consolidated Income Statements (quarterly)

9

Operating Data by Business Segments, 2Q 2013 & 1HY 2013

1Q 2013 1Q 2012 Change, %

2Q 2013 2Q 2012 Change, %

1HY 2013 1HY 2012 Change, %

Number of SOLD man-hours (base maintenance) 78 124 76 986 1.5 61 890 86 956 (28.8) 140 014 163 942 (14.6)

Number of SOLD man-hours (engineering) 16 202 13 740 17.9 13 676 19 940 (31.4) 29 878 33 680 (11.3)

Number of SOLD man-hours (maintenance training) 787 1 788 (56.0) 1 636 1 651 (0.9) 2 423 3 439 (29.5)

Number of line stations (at the end of the period) 21 22 (4.5) 18 24 (25.0) 39 46 (15.2)Number of aircrafts served 1 481 2 403 (38.4) 2 386 3 198 (25.4) 3 867 5 601 (31.0)Number of passengers served 217 960 299 918 (27.3) 384 799 467 841 (17.8) 602 759 767 759 (21.5)Volume of fuel sold (tonnes) 12 224 9 267 31.9 15 984 16 079 (0.6) 28 208 25 346 11.3TRTO - Number of sold theoretical training hours 1 362 1 856 (26.6) 2 831 3 712 (23.7) 4 193 5 568 (24.7)TRTO - Number of sold practical training (FFS) hours 2 497 4 265 (41.4) 3 943 7 814 (49.5) 6 440 12 079 (46.7)

Operating Results

10

Consolidated Balance Sheets

§ Net debt = Borrowings – Cash and cash equivalents § Return on equity (ROE) = Net profit for the period / Total equity § Return on assets (ROA) = Net profit for the period / Total assets§ Equity ratio = Total equity / Total assets§ Gearing ratio = Net debt / (Net debt + Total equity)

30-06-2013 31-12-201230-06-2013 vs

31-12-2012LTL thousand

30-06-2012308 684 299 295 +3,1% Total assets 307 892

10 214 8 913 +14,6% Cash and cash equivalents 16 848 109 763 97 313 +12,8% Trade receivables 131 734 139 926 113 595 +23,2% Total equity 106 850

77 932 73 741 +5,7% Borrowings 77 285 67 718 64 828 +4,5% Net debt 60 437

1,56 1,49 +7,1 pp Liquidity risk 1,357,6%HY 6,4%YEAR - Return on assets (ROA), % 3,7%HY

16,8%HY 16,8%YEAR - Return on equity (ROE), % 10,7%HY

45,3% 38,0% +7,4 pp Equity ratio, % 34,7%32,6% 36,3% -3,7 pp Gearing ratio, % 36,1%

11

ASG Group’s Cash Flows & CAPEX

Net cash at the end of period (LTL million)*

Capital Expenditure (CAPEX, LTL million)

* - Bank overdrafts are subtracted from net cash and cash equivalents at the end of period

1513

15 15

9 10 10

-

5

10

15

31-12-2011 31-03-2012 30-06-2012 30-09-2012 31-12-2012 31-03-2012 30-06-52013

32

7 7

32

6 7-

5 10 15 20 25 30 35

Y 2011 Q1 2012 Q2 2012 Y 2012 Q1 2013 Q2 2013

12

ASG Group’s Employees

Number of full-time employees at the end of period

579

711

865

856

919

939

929

951

972

1022

31-03-2011

30-06-2011

30-09-2011

31-12-2011

31-03-2012

30-06-2012

30-09-2012

31-12-2012

31-03-2013

30-06-2013

13

ASG vs WIG (from 01-01-2013 till 30-06-2013)

02-01-2013: 60.50High: 74.90Low: 48.430-06-2013: 71.00

Prices in PLN

ASG Share Price & Performance

14

Distribution of ASG Shareholders as at 16 August 2013:

ASG Shareholders

§ On 3 March 2011 shares of the Avia Solutions Group AB were introduced to trading at Warsaw Stock Exchange (code: AVIASG).

§ The authorised capital of the Company is divided into 5 893 333 ordinary shares with a par value of LTL 1 each.

Part of shares and votes Amount of shares and votes 16-08-2013 31-12-2012 16-083-2013 31-12-2012

32.91% 32.91% ZIA Valda Cyprus Ltd. 1,939,275 1,939,27521.89% 21.94% Indeco: Investment and Development UAB 1,289,850 1,292,85010.33% 10.33% Harberin Enterprises Limited 609,051 609,051

6.62% 6.62% ING Otwarty Fundusz Emerytalny 390,000 390,00028.25% 28.20% Other 1,665,157 1,662,157

100.00% 100.00% Total 5,893,333 5,893,333

32,91%

21,89%10,33%6,62%

28,20%

ZIA Valda Cyprus Ltd.

Indeco: Investment and Development UAB

Harberin Enterprises Limited

ING Otwarty Fundusz Emerytalny

Other

Thank You For Your Attention

www.AviaSG.com/InvestorRelations