EVE SPAC Presentation Deck

Eve Execution Advantages vs. UAM Peers Enterprise Value (1) Value of Pipeline (2) (3) Enterprise Value / Pipeline Value Number of Vehicles in Pipeline (2) (3) Number of Customers in Pipeline (2) (3) Year Founded (4) eVTOL Design Choice Fleet Operations Approach (5) Service & Support (5) UATM (5) Proven Aviation Backer Strategic Investors (3) EVE $2.4B $5.2B 0.45x 1,735 17 2017 Lift + Cruise Partner-by-Partner Embraer Azorra, BAE, Bradesco, Falko, Republic, Rolls- Royce, SkyWest ARCHER $1.1B $1.5B 0.76x 300 1 2018 Tilt Rotor City-by-City None United Airlines, Stellantis Joby AVIATION $3.1B Not Applicable Not Applicable Not Applicable Not Applicable 2009 Tilt Rotor City-by-City None Toyota, Intel Capital, Uber, JetBlue LILIUM $1.6B $1.0B 1.59x 220 1 2015 Ducted Fan City-by-City None Tencent, Ferrovial, Palantir (1) Enterprise value for Eve is based on the proposed transaction value. All other enterprise values are based on public information and trading prices from Capital IQ as of 12/17/21. (2) Eve pipeline is based on launch orders (including purchase options) and capacity deals that are non-binding and subject to material change. Capacity deals are converted from annual hourly commitments to vehicles assuming 1,000 hours per vehicle per year. (3) Pipeline and partner data for UAM peers is based on information publicly disclosed in the companies' press releases and SPAC investor presentations as of 12/17/21. (4) Eve founding date reflects the year that Embraer started its internal UAM program. Eve was established as a separate legal entity in 2020. (5) Assessment based on "Market for Urban Air Mobility" from KPMG dated June 2021. VERTICAL $2.6B $5.4B 0.48x 1,350 6 2016 Tilt Rotor Partner-by-Partner None Microsoft, Rolls-Royce, American Airlines, Honeywell, Avolon 35

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