Eve Air Mobility Hosts Summit to Collaborate, Learn and Build the Infrastructure to Support Urban Air Mobility

Two-day event brought together customers, infrastructure
companies, public officials, and suppliers

Melbourne, Fla., April 27, 2023 — Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) hosted a global summit at its U.S. facility in Melbourne, Florida, to collaborate and discuss the needed infrastructure to support Urban Air Mobility (UAM). The two-day event brought together more than 20 operators, suppliers, infrastructure companies and public officials from 16 different organizations with the goal of identifying next steps to support the future of electric vertical takeoff and landing (eVTOL) vehicle operations.

During the event, the company held information sessions and workshops on a variety of topics including passenger experience, energy, network planning, services, sound and digital infrastructure. Attendees also participated in several hands-on exercises including developing a prototype vertiport to include a passenger terminal, vehicle service and charging locations.

“As we progress with the development of our eVTOL, Services and Operations Solutions, and Urban Air Traffic Management (Urban ATM) offering, we wanted to create a forum for key stakeholders with the intent to collaboratively meet the challenges of the emerging UAM market,” said Andre Stein, co-CEO of Eve Air Mobility. “There is much more to the equation than just the development of an aircraft. This week’s event highlighted some key areas that we will continue to work on together as we move forward.”

From the beginning, Eve has been working with operators and various industry partners to solicit regular feedback as it progresses toward launch of its eVTOL and related full suite of services.

About Eve

Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve has been listed on the New York Stock Exchange (NYSE), where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit www.eveairmobility.com.

Forward-Looking Statements Disclosure

Certain statements in this press release include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Eve’s expectations with respect to the organization of the summit. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Eve.

These forward-looking statements are subject to a number of risks and uncertainties, including, among others: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) risks relating to the uncertainty of the projected financial information with respect to Eve; (iii) the outcome of any legal proceedings that may be instituted against Eve; (iv) future global, regional or local economic and market conditions, including the growth and development of the urban air mobility market; (v) the development, effects and enforcement of laws and regulations; (vi) Eve’s ability to grow and manage future growth, maintain relationships with customers and suppliers and retain its key employees; (vii) Eve’s ability to develop new products and solutions, bring them to market in a timely manner, and make enhancements to its platform; (viii) Eve’s ability to successfully develop, obtain certification for and commercialise its eVTOL; (ix) the effects of competition on Eve’s future business; (x) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (xi) the impact of the global COVID-19 pandemic and (xii) those factors discussed in Eve’s Registration Statement on Form S-1/A filed on January 13, 2023 under the heading “Risk Factors,” and other documents of Eve filed, or to be filed, with the Securities and Exchange Commission (SEC).

If any of these risks materialise or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Eve does not presently know or that Eve currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Eve’s expectations, plans or forecasts of future events and views as of the date of this press release. Eve anticipates that subsequent events and developments will cause Eve’s assessments to change. However, while Eve may elect to update these forward-looking statements at some point in the future, Eve specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Eve’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.


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