Amsterdam/Dublin/London/Singapore - Specialist regional aircraft lessor, TrueNoord, is pleased to announce the completion of the acquisition of a c. 74% stake in the business by Arcus Infrastructure Partners, with founding investor Freshstream re-investing to retain the remainder.

This transaction marks an important step in TrueNoord's evolution and provides a strong platform for the organisation's next phase of growth. Backed by long-term and stable capital, TrueNoord is well-positioned to continue expanding its portfolio of Embraer, ATR, Airbus and De Havilland Canada aircraft while supporting airline customers across the regional aviation sector.

Anne-Bart Tieleman, Chief Executive Officer of TrueNoord, commented: "It is with great pleasure that we welcome Arcus Infrastructure Partners as our new long-term shareholder. The successful completion of this transaction is a significant milestone for TrueNoord and a strong endorsement of the business we have built over the past 10 years. With Arcus' support and Freshstream's continued commitment, we further strengthen our standing as a leading specialist regional aircraft lessor, and will continue to deliver effective fleet solutions in partnership with airline customers worldwide."

Edward Lilley, Senior Investment Director at Arcus and Asset Manager of TrueNoord, commented: "We are delighted to have acquired a majority stake in TrueNoord and look forward to supporting management as they deliver the next stage of the business' growth plans. Regional aircraft play a critical role worldwide, both economically and socially. Given the robust performance of the global aviation industry and the long-term, contracted nature of the business, aircraft leasing is widely recognised as a high-quality, core infrastructure asset class."

About TrueNoord

TrueNoord is a specialist full-service regional aircraft lessor providing leasing, financing, fleet transition and asset management solutions in the 50 to 150 seat capacity range to airlines globally. TrueNoord's team is led by experienced professionals with a shared history of success, and is complemented by a dynamic young team who bring fresh perspective. TrueNoord's multi-cultural workforce reflects the global markets that it serves and includes core competencies in aviation finance, aviation law, aircraft maintenance, marketing, sales, and leasing.

TrueNoord currently owns a fleet of more than 100 latest technology turboprop, regional jet, and crossover aircraft on lease to more than 30 operators across 25 countries. These link remote locations to larger urban areas, providing a feeder service to major hubs, and fulfil carriers' lower demand off-peak services in the growing global market.

The Company is backed by lead investor Arcus Infrastructure Partners, together with Freshstream. TrueNoord has offices in Amsterdam, Dublin, London, and Singapore.

For further information, please visit us at www.truenoord.com

MEDIA CONTACT:

Jane Goring, Partner, Inter Relations & Company

Tel: +44 (1) 403 218588

Mobile: +44 (0) 7785 306445

Email: jane@inter-relations.co.uk

About Arcus Infrastructure Partners

Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and currently manages EUR12.5bn of assets (as at 31 December 2025). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com

MEDIA CONTACT:

Harriet Saywell-Lee, Communications Manager, Arcus

Tel: +44 (0) 207 8323433

Mobile: +44 (0) 7442 154356

Email: harriet.saywell-lee@arcusip.com

About Freshstream Investment Partners

Freshstream is a European lower mid-market private equity firm with offices in London, Amsterdam and Paris. It partners with successful entrepreneurs, families and management teams of rapidly growing companies to provide insight, expertise and capital to expedite value creation for their shareholders. For further information please visit www.freshstream.com

MEDIA CONTACT:

James McFarlane, MHP Group

Mobile: +44 (0) 7584 142665

Email: freshstream@mhpgroup.com