FLYEXCLUSIVE INC.

flyExclusive, Inc. (NYSE American: FLYX) operates as a premier owner and operator of jet aircraft providing private aviation services to customers across domestic and international routes. The company maintains its corporate headquarters and primary operations at the North Carolina Global TransPark in Kinston, North Carolina, where it leases 145,000 square feet of office and hangar space on an 11,500-foot runway.

As the third largest private jet operator in the United States based on departures, flyExclusive operates a fleet of 82 owned and leased aircraft, primarily consisting of Cessna Citation models, HondaJet, and Challenger aircraft. The company has strategically focused on acquiring a limited number of aircraft manufacturers' models to enhance operational efficiency and maintenance capabilities. Since its inception in 2015, flyExclusive has grown from two aircraft to its current substantial fleet size.

The company's business model encompasses multiple revenue channels including charter services through wholesale and retail ad hoc customers, a jet club membership program that earned Robb Report's "Best of the Best" in 2022, fractional ownership programs introduced in 2022, partnership arrangements with aircraft owners, and aircraft management services. In September 2024, flyExclusive entered into an Aircraft Management Services Agreement with Volato Group, Inc., the largest HondaJet operator in the United States, to manage flight operations, sales, and expenses of Volato's fleet.

A key competitive advantage is flyExclusive's vertical integration strategy, with over 95 percent of customer flights fulfilled by its own fleet, minimizing reliance on third-party affiliate aircraft. The company operates a Maintenance, Repair, and Overhaul facility launched in 2021, which currently handles approximately 70 percent of aircraft maintenance in-house, including avionics installation and refurbishment services. In 2025, flyExclusive became a certified dealer and installer for Starlink's aviation connectivity system and expanded its Mobile Service Unit program to deliver maintenance services across strategic regions.

The company's website is www.flyexclusive.com. flyExclusive maintains a commitment to safety through ARGUS Platinum Rated fleet operations and exceeds all FAA standards while pursuing its mission to become the world's most vertically integrated private aviation company.