Investor Presentaiton

Blade Works With Operators on an Asset-Light Basis Blade does not own or operate aircraft Instead, Blade buys aircraft time by-the-hour, paying only for flights completed (1). Blade pays a fixed, all-inclusive rate which covers all costs associated with flights, including aircraft, fuel (2), insurance, pilots and maintenance Blade increases operators' volume and makes their revenues more predictable while reducing their fixed costs so that they can focus on doing what they love: flying, maintaining, and operating aircraft OPERATORS PROVIDE BLADE: Aircraft, Fuel, and Insurance LADE Maintenance and Hangars BLADE PROVIDES OPERATORS: Access to Our Brand Operator Technology Strategic Infrastructure and Terminal Network BLADE H Fliers 統A Pilots and Pilot Training 24/7 Flier Relations Flier Experience Team BLADE 1. Certain agreements with operators are subject to minimum capacity purchase requirements 2. Certain agreements with operators may include provisions for fuel cost pass-throughs CO 6

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