• Scott McMillan to step down as Joint Managing Director at the company's AGM on 27 November 2025
• Stewart Tully to assume the role of sole Managing Director
• McMillan to remain in an executive capacity until July 2026 to ensure continuity and support leadership transition

Alliance Aviation Services Limited (ASX: AQZ) today announces a planned leadership transition that will see founder Scott McMillan step down as Joint Managing Director at the company's Annual General Meeting ('AGM') on 27 November 2025. Stewart Tully, currently Joint Managing Director, will assume the role of sole Managing Director following the AGM, marking the successful conclusion of a 12-month succession plan. Scott McMillan was one of the founders of Alliance Airlines in 2002 and has led the company through more than two decades of sustained growth, including its successful ASX listing in 2011. Under his leadership, Alliance has become one of Australia's largest aviation companies, serving key industries and communities while building a workforce of 1,450 employees. McMillan will remain in an executive capacity until July 2026, focusing on the completion of several key strategic projects to ensure continuity and to support the leadership transition. Stewart Tully brings a decade of experience with Alliance to his new role as Managing Director, having been appointed Chief Executive Officer over 12 months ago, followed by his elevation to Joint Managing Director in August 2025 as part of a deliberate succession strategy.