FlexJet SPAC Presentation Deck

Entrepreneurial Culture - Led by a World Class Management Team Proactive Approach to Safety +2 million flight hours Thoughtful Strategy Surrounds Hiring the Most Qualified Pilots ► Dedicated Pilot Recruiting Department and Website Hired to profile of most successful Flexjet Pilots Leading career compensation can demand the most stringent hiring standards Average Flight Hour Experience of New Hires 3,486 Flight Hours Requirement 1,500 Hours 1,250 Hours 1,200 Hours 1,500 Hours *Unrestricted ATP - Must have 1,500 hrs. and be 23 years old Company Flexjet NetJets Wheels Up ΧΟ FLEXJET.COM +1.5 million flight legs Pilot Certification * Unrestricted ATP Restricted ATP Commercial Commercial +10,000 hours on average captain flight time Dedicated Specific Aircraft Crewing Facilitates Aircraft Familiarity Eases transitions and Creates Comfortable Cockpit Environment Easy to Manage Work that groups perform as a team Flight Data Monitoring Program Provides Flexjet a Pro-Active Method of Safety Management Quick Access Recorders (QARS) provide the added ability to receive data and place it into the hands of Flexjet's safety data analysts instantaneously ► These wireless QARS capture 1,000's of data points every second and provides Flexjet the ability to continuously analyze and identify hazards associated with particular runways, airports, airspace, aircraft, policy/procedures and then work to develop and implement effective controls to mitigate those associated risks Flexjet has the largest and broadest implementation of these devices on its aircraft with more than 125 units deployed to date 29 36% of Flexjet Pilots have been with the company more than 15 years Globally Awarded Standards of Aviation Safety FEDERAL AVIATION PATION FAA Diamond Award of Excellence Record-setting 22 consecutive times PLATA RATED ARGUS Argus Platinum rating - 11 consecutive times since 2002 Unmatched and the most of any operator in the entire industry IS-BAO national Mallor Business Aerat-erations Level 2 IS-BAO Certified Global Benchmark of Safety Excellence AIR CHARTER SAFETY FOUNDATION Industry Audit Standard (IAS) Certification World's first to earn. IAS Safety Rating

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