AeroVironment, Inc. Announces Establishment of 10b5-1 Trading Plan by Chief Executive Officer

AeroVironment, Inc.

today announced that Chief Executive Officer and Chairman of the Board, Timothy E. Conver, as Trustee of The Conver Family Trust, has established a pre-arranged stock trading plan to sell a portion of company stock held by the Trust over a specific period of time. The stock trading plan is part of a long-term strategy for asset diversification and liquidity and was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and AeroVironment's policies with respect to employee stock transactions.