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Investor Presentaiton

Blade Expects EVA to Catalyze Demand for Urban Air Mobility Given anticipated lower costs, lower noise footprints, and zero emissions, Electric Vertical Aircraft are poised to enhance Blade's business once certified and available for commercial service, which some manufacturers expect in 2024 Expected Benefits of EVA Quiet Safe Emission Free Lower noise footprint will likely unlock new vertiports in markets that have historically been reluctant to embrace urban air mobility Advanced design and rigorous certification process with engine redundancy, fly-by-wire technology, and fewer moving parts to ensure robust safety profile Full battery-powered electric operation results in sustainable flight with zero carbon emissions BLADE Fast Lower Cost Anticipated cruising speeds up to 180 miles per hour nearly 20% faster than traditional rotorcraft Ultimately the combination of fewer moving parts and automotive-grade manufacturing could lower the cost of operation and ownership Source: Public filing and management estimates BLADE 32 32
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