flyExclusive SPAC

V. FINANCIAL OVERVIEW REVENUE AND GROSS PROFIT SUMMARY Revenue and Gross Margin Breakout (S in millions) $108 45 19A - '24E CAGR 46.5% $135 Revenue 63 $211 $360 $522 2019A 2020A 2021A 2022P 2023E 2024E Ending Aircraft Fleet Count 78 96 122 $729 154 Note: Please review "Key Assumptions Disclosures & Definitions on p.40 for more detail. 47.1% $46 Charter Gross Margin 51.3% $62 46.0% 48.0% $96 $165 % Charter GM 50.1% $241 $335 2019A 2020A 2021A 2022P 2023E 2024E Charter GM 51.1% ▪ Charter rates and programs matched to customer's needs ■ H Pricing designed so that each aircraft model generates cash Improvement in gross margin results from continued investments in maintenance and refurbishment ▪ Charter revenue bolstered by continued Jet Club growth via industry-leading pricing model and consistent product experience Projections assume no international expansion flyexclusive 34

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