FlexJet SPAC Presentation Deck

Financial Benchmarking 2020 2022E Revenue CAGR 35.0% FLeXJеT (1) 12.5% 2022E EBITDA Margin Source: Note: (1) (2) FLeXJET (1)(2) 31.8% LVMH 44.7% HERMES PARIS Luxury Consumer Brands Median: 25.5% 31.1% HERMÈS PARIS 35.7% 25.5% KERING KERING 24.5% Luxury Consumer Brands Median: 35.3% 35.3% R BRUNELLO CUCINELLI 33.9% LVMH .8% F 28.6% X BRUNELLO CUCINELLI High End Membership Travel Median: 22.2% 26.7% MARRIOTT VACATIONS WORLDWIDE 32,4% 17.6% High End Membership Travel Median: 26.2% VAIL RESORTS VAILRESORTS 20.0% MARRIOTT VACATIONS WORLDWIDE Asset-light Logistics Median: 33.8% 42.1% DSV 10.9% 34.7% DSV LANDSTAR Asset-light Logistics Median: 9.5% 10.6% 32.8% Expeditors Expeditors 8.4% LANDSTAR 27.3% C.H. ROBINSON 6.2% C.H. ROBINSON Subscription Models/ Shared Economy Median: 56.7% 68.2% Uber 32.7% 56.7% airbnb airbnb Subscription Models / Shared Economy Median: 20.0% 12.7% 20.0% NETFLIX 4.9% Public company filings and broker estimates from FactSet as of 10/4/2022. 2020 and 2021 revenue for peer group based on publicly filed audited financials. 2022E revenue, EBITDA and EBITDA margin for peer group based on broker estimates. 2020 and 2021 revenue for Flexjet based on audited financials. EBITDA and EBITDA margin for Flexjet based on Adj. Management EBITDA and 2022 projected revenue. 2022E metrics represent forward looking statements. See the Disclaimer for further discussion of our forward-looking statements. 2022E Adj. Mgmt. EBITDA representative of projected Management 2022E EBITDA adjusted to include impact of Sentient Jet hourly pricing policy changes and normalization of customer credits. Please refer to page 40 for additional information. FLEXJET.COM 34 NETFLIX Uber

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