flyExclusive (FLYX) investor relations material

Company overview and business model

• Operates as a vertically integrated private jet company, offering charter, jet club, and fractional ownership programs, with a focus on quality, convenience, and safety.

• Maintains a fleet of 82 owned and leased aircraft, primarily Cessna Citation, HondaJet, and Challenger models, and is the third largest private jet operator in the U.S. by departures as of H1 2025.

• Headquarters and main operations are based in Kinston, NC, leveraging a strategic location for cost efficiency and operational synergy.

• Expanded into Maintenance, Repair, and Overhaul (MRO) services, providing both internal and third-party aircraft maintenance and refurbishment.

• Business model emphasizes in-house maintenance, modernized fleet, and proprietary customer and pilot apps to enhance customer experience and operational efficiency.

Financial performance and metrics

• As of February 28, 2026, 44,422,030 shares of Class A Common Stock and 49,930,000 shares of Class B Common Stock were outstanding.

• Publicly traded and private placement warrants outstanding for 6,853,202 shares of Class A Common Stock.

• Substantial portion of revenue is pre-paid and recognized upon flight completion, with contractual programs providing revenue visibility.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of shares by selling stockholders; all proceeds go to the selling stockholders.

• Company bears registration and listing costs, while selling stockholders pay commissions and related sale expenses.