FlexJet SPAC Presentation Deck

Proven Flexible Subscription Based Business Model with Consistent Profitability Committed Clients with Significant Longevity and Growth Client Longevity(¹) (# of clients, End of Period) (1) (3) 1,059 <5 488 345 5 to 9 10 to 15 Length of Tenure (years) 484 15+ 55% of Flexjet customers have been in program 5+years and 35% have been in program 10+ years Committed Hours / Total Revenue Hours(²) (In thousands) 88.5% 134 119 15 2019 Committed 80.0% 3-year CAGR 17.3% 191 121 97 85.9% 24 2020 164 27 2021 Non-Committed 89.2% 216 193 23 2022E % Committed (3) Long-term commitments by existing customers drives business model resiliency with the ability to flex non-committed hours to fulfill capacity adapting to market conditions Hours Under Management (In thousands) Representative of Flexjet Fractional customers in the U.S and Europe only as of 6/30/2022. Committed hours defined as hours flown under Flexjet Fractional Sale and Lease programs and Sentient Jet Card programs. Non-committed hours defined as on-demand hours flown at PrivateFly and FX Air. 2022E metrics represent forward looking statements. See the Disclaimer for further discussion of our forward-looking statements. FLEXJET.COM 25 97 2019 3-year CAGR 12.0% 99 2020 128 2021 136 2022E (3) Hours Under Management primarily reflect number of revenue hours under contract in Flexjet's Fractional Sale and Lease programs

View entire presentation