On April 4, 2022, Mr. Richard M. Baudouin notified Air Transport Services Group, Inc. that he will resign from the Company's Board of Directors on April 30, 2022. He has been a Director of the Company since January 2013 and serves as the Chair of the Nominating and Governance Committee and a member of the Audit Committee. Mr. Baudouin's decision to resign was not the result of any disagreement with the Company or any matter relating to its operations, policies or practices.

The Board, upon the recommendation of the Nominating and Governance Committee, has appointed Mr. Paul S. Williams as the Chair of the Nominating and Governance Committee, effective upon Mr. Baudouin's resignation from the Board. Mr. Baudouin possesses extensive experience in commercial aircraft leasing and finance and his input and guidance proved invaluable to the significant expansion of the Company's aircraft leasing business during his tenure. The Board and management express their sincere gratitude to Mr. Baudouin for his dedication and many years of service as a Director of the Company.