Holde s of Reco d as of July 6th Eligible fo Me ge Co side atio Pe di g Fi al Vote July 2 d 4pm EDT
Subject to fi al stockholde app oval a d othe customa y closi g co ditio s, the t a sactio is expected to close o o about July 7, 2026. Upo closi g, stockholde s of eco d as of the close of busi ess o July 6, 2026 will eceive the me ge co side atio desc ibed i the Compa y’s defi itive p oxy stateme t/p ospectus.
O ce stockholde s obtai thei u ique co t ol umbe f om the p oxy ca d o the b oke /fi a cial i stitutio whe e thei Jet.AI sha es a e held, stockholde s may submit thei vote usi g a y of the followi g methods:
Vote O li e: Go to the secu e website listed o you p oxy ca d o voti g i st uctio fo m (http://www.p oxyvote.com) a d e te you u ique co t ol umbe .Vote by Pho e: Use the toll-f ee umbe p ovided to you i you o igi al p oxy maili g.Vote by Mail: Simply sig , date, a d mail back you p oxy ca d i the p epaid e velope.
If you do ot pla to atte d the eco ve ed Special Meeti g of Stockholde s o July 2, 2026,
If you have questio s ega di g the t a sactio o equi e assista ce casti g you vote, please co tact Jet.AI’s p oxy solicitatio age t,
I co ectio with the t a sactio s co templated by the Ame ded a d Restated Ag eeme t a d Pla of Me ge a d Reo ga izatio , dated May 6, 2025, betwee Jet.AI, flyExclusive, FlyX Me ge Sub, I c., a d Jet.AI Spi Co, I c. (as ame ded, the “Me ge Ag eeme t”), flyExclusive has filed a Regist atio Stateme t o Fo m S-4 (File No. 333-284960) (as ame ded, the “Regist atio Stateme t”) to egiste the sha es of flyExclusive commo stock that will be issued i co ectio with the p oposed t a sactio s. The Regist atio Stateme t was decla ed effective o Ap il 30, 2026 a d i cludes a p elimi a y p oxy stateme t of the Compa y a d a p elimi a y p ospectus of flyExclusive. Jet.AI a d flyExclusive filed a defi itive p oxy stateme t a d fi al p ospectus, espectively (togethe , the “P oxy Stateme t/P ospectus”), with the SEC o May 4, 2026 a d they each may file with the SEC othe eleva t docume ts co ce i g the p oposed t a sactio s. The defi itive p oxy stateme t a d othe eleva t docume ts we e mailed to Jet.AI stockholde s as of May 8, 2026, the eco d date established fo voti g o the p oposed t a sactio s, i co ectio with Jet.AI’s solicitatio of p oxies fo the special meeti g. This commu icatio is ot a substitute fo the Regist atio Stateme t, the P oxy Stateme t/P ospectus, o a y othe docume t that the pa ties have filed o will file with the SEC, o se d to stockholde s, i co ectio with the p oposed t a sactio s.
BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTIONS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, FLYEXCLUSIVE, AND THE PROPOSED TRANSACTIONS AND RELATED MATTERS.
A copy of the Regist atio Stateme t, P oxy Stateme t/P ospectus, as well as othe fili gs co tai i g i fo matio about the Compa y, may be obtai ed, f ee of cha ge, at the SEC’s website at www.sec.gov whe they a e filed. You will also be able to obtai these docume ts, whe they a e filed, f ee of cha ge, f om the Compa y by accessi g the Compa y’s website at i vesto s.jet.ai. Copies of the Regist atio Stateme t, the P oxy Stateme t/P ospectus a d the fili gs with the SEC that will be i co po ated by efe e ce the ei ca also be obtai ed, without cha ge, by di ecti g a equest to the Compa y at 10845 G iffith Peak D ive, Suite 200, Las Vegas, NV 89135, Atte tio : Boa d Sec eta y, o by pho e at (702) 747-4000. The i fo matio o the Compa y’s website is ot, a d shall ot be deemed to be, a pa t of this commu icatio o i co po ated i to othe fili gs eithe compa y makes with the SEC.
Jet.AI, flyExclusive, a d ce tai of thei espective di ecto s a d office s may be deemed pa ticipa ts i the solicitatio of p oxies f om Jet.AI’s stockholde s i co ectio with the p oposed t a sactio s. Jet.AI’s stockholde s a d othe i te ested pe so s may obtai , without cha ge, mo e detailed i fo matio ega di g the ames a d i te ests i the p oposed t a sactio s of Jet.AI’s di ecto s a d office s i the pa ties’ fili gs with the SEC, i cludi g Jet.AI’s a ual epo ts o Fo m 10-K a d qua te ly epo ts o Fo m 10-Q. I fo matio ega di g the pe so s who may, u de SEC ules, be deemed pa ticipa ts i the solicitatio of p oxies to Jet.AI’s stockholde s i co ectio with the p oposed t a sactio s a d a desc iptio of thei di ect a d i di ect i te ests will be i cluded i the defi itive p oxy stateme t/p ospectus elati g to the p oposed t a sactio s whe it becomes available. Stockholde s, pote tial i vesto s a d othe i te ested pe so s should ead the defi itive p oxy stateme t/p ospectus ca efully befo e maki g a y voti g o i vestme t decisio s. You may obtai f ee copies of these docume ts f om the sou ces i dicated above.
This commu icatio is fo i fo matio pu poses o ly a d is ot i te ded to a d does ot co stitute, o fo m pa t of, a offe , i vitatio o the solicitatio of a offe o i vitatio to pu chase, othe wise acqui e, subsc ibe fo , sell o othe wise dispose of a y secu ities, o the solicitatio of a y vote o app oval i a y ju isdictio , pu sua t to the p oposed t a sactio s o othe wise, o shall the e be a y sale, issua ce o t a sfe of secu ities i a y ju isdictio i co t ave tio of applicable law. The p oposed t a sactio s a e expected to be impleme ted solely pu sua t to the legally bi di g defi itive ag eeme t, a d which co tai s the mate ial te ms a d co ditio s of the p oposed t a sactio s. No offe of secu ities shall be made except by mea s of a p ospectus meeti g the equi eme ts of the Secu ities Act of 1933, as ame ded, o a exemptio the ef om.
This p ess elease co tai s ce tai stateme ts that may be deemed to be “fo wa d-looki g stateme ts” withi the mea i g of the fede al secu ities laws, i cludi g the safe ha bo p ovisio s u de the P ivate Secu ities Litigatio Refo m Act of 1995, with espect to the p oducts a d se vices offe ed by Jet.AI a d the ma kets i which it ope ates, Jet.AI’s p ojected futu e esults, a d Jet.AI’s pe ceptio of ma ket co ditio s, i cludi g the expected timi g of the closi g a d the futu e busi ess st ategy of Jet.AI. Stateme ts that a e ot histo ical a e fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933 a d Sectio 21E of the Secu ities Excha ge Act of 1934. Fo wa d-looki g stateme ts elate to futu e eve ts o ou futu e pe fo ma ce o futu e fi a cial co ditio . These fo wa d-looki g stateme ts a e ot histo ical facts, but athe a e based o cu e t expectatio s, estimates a d p ojectio s about ou Compa y, ou i dust y, ou beliefs a d ou assumptio s. These fo wa d-looki g stateme ts ge e ally a e ide tified by the wo ds “believe,” “p oject,” “expect,” “a ticipate,” “estimate,” “i te d,” “st ategy,” “futu e,” “oppo tu ity,” “pla ,” “may,” “should,” “will,” “would,” “will be,” “will co ti ue,” “will likely esult,” a d simila exp essio s o the egative of these te ms o othe simila exp essio s, but the abse ce of these wo ds does ot mea that a stateme t is ot fo wa d-looki g. Fo wa d-looki g stateme ts a e p edictio s, p ojectio s a d othe stateme ts about futu e eve ts that a e based o cu e t expectatio s a d assumptio s a d, as a esult, a e subject to isks a d u ce tai ties that could cause the actual esults to diffe mate ially f om the expected esults, i cludi g the failu e to obtai stockholde app oval, the failu e to satisfy closi g co ditio s, a d b oade ma ket co ditio s. As a esult, cautio must be exe cised i elyi g o fo wa d-looki g stateme ts, which speak o ly as of the date they we e made. Facto s that could cause actual esults to diffe mate ially f om those exp essed o implied i fo wa d-looki g stateme ts ca be fou d i the Compa y’s most ece t A ual Repo t o Fo m 10-K a d subseque t epo ts filed with the Secu ities a d Excha ge Commissio . These fili gs ide tify a d add ess othe impo ta t isks a d u ce tai ties that could cause actual eve ts a d esults to diffe mate ially f om those co tai ed i the fo wa d-looki g stateme ts. Reade s a e cautio ed ot to put u due elia ce o fo wa d-looki g stateme ts, a d Jet.AI assumes o obligatio a d does ot i te d to update o evise these fo wa d-looki g stateme ts, whethe because of ew i fo matio , futu e eve ts, o othe wise, except as p ovided by law.
