Eve Air Mobility Announces up to $15.8M FINEP Grant to Accelerate Sustainable Aviation and Digital Innovation

• This is the initial give (non-repayable financing) granted to Eve, sustaining the firm’s dedication to technology and sustainability

• The give belongs to an overall job financial investment of approximately $33.8 million, consisting of Eve’s payment

São Paulo, Brazil– June 3, 2025— Eve Air Flexibility (” Eve”) (NYSE: EVEX; EVEXW) introduced today that it has actually been chosen in a public phone call by FINEP, Brazil’s Financing Authority for Research Studies and Tasks, to obtain a give of approximately $15.8 million[1] The complete job financial investment quantity depends on $33.8 million[2], incorporating the FINEP give with Eve’s needed firm payment. This is the initial give (non-repayable financing) granted to Eve, strengthening the firm’s management in creating cutting-edge options for lasting city air wheelchair.

The give, granted under FINEP’s public option for “Technologies for A Lot More Lasting Air travel”, is lined up with the critical emphasis locations specified by the phone call, such as self-governing trip systems, progressed power storage space, hybrid-electric and hydrogen propulsion, lasting air travel gas (SAF) screening, sound decrease, reliable airplane arrangements, brand-new products, and progressed air website traffic monitoring systems for innovative air wheelchair (AAM). Eve’s job will certainly focus on the locations most pertinent to its technology roadmap.

” This collaboration with FINEP notes an essential turning point for Eve and the wider Brazilian aerospace ecological community”, stated Johann Bordais, Chief Executive Officer of Eve Air Flexibility. “Our objective is to reimagine individuals’s connection with time, room, and the city by developing risk-free, lasting, and reliable air wheelchair experiences. Leveraging from Embraer’s 55-year heritage and our cutting-edge frame of mind, this give will certainly allow us to increase the advancement of innovative electronic options and innovations that will certainly form the future of city air wheelchair in Brazil and past”.

Luiz Mauad, Vice Head Of State of Client Provider at Eve, included: “Sustaining the future procedure of eVTOLs needs a durable electronic foundation– this is the structure for scalable AAM procedures. By creating our electronic systems and solution remedies in parallel with our airplane, we equip our clients with an incorporated, one-stop-shop experience that makes sure functional performance, security, and high schedule from the first day”.

Elias Ramos de Souza, Head Of State of FINEP, mentioned that: “This job represents our idea that eVTOLs are a future turbulent pattern in the UAM circumstance. We are really pleased to companion with Eve in this venture, in a financing that improves our setting of greater than BRL 1 billion in assistance to Embraer and its investees.”

A main column of this job is the development of Eve’s electronic ecological community, consisting of the ongoing advancement of Eve TechCare– its totally incorporated aftermarket solutions system. Eve TechCare is a leader all-in-one collection of options developed to simplify eVTOL procedures by offering the market’s most thorough solutions, professional client assistance, and advanced functional options. The aftermarket profile contains technological assistance and options, MRO solutions, components and battery options, along with training solutions and trip procedures options. Eve TechCare’s solution and assistance options will certainly cover all the functional facets needed to make certain the day-to-day eVTOL procedure.

The firm is progressing the existing phase of the eVTOL advancement, which entails a collection of thorough examinations with the model to examine every element of the airplane’s procedure and efficiency, from trip capacities to security functions.

Equal quantity in United States bucks; BRL 90 million in neighborhood money (Brazilian genuine– BRL).

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Regarding Eve Air Flexibility

Eve Air Flexibility is devoted to increasing the Urban Air Flexibility (UAM) ecological community. Gaining from a start-up frame of mind, backed by Embraer’s 55-year background of aerospace proficiency, and with a particular emphasis, Eve is taking an alternative method to advancing the UAM ecological community, with an innovative eVTOL job, thorough worldwide solutions and assistance network and a distinct air website traffic monitoring option. Considering that Might 10, 2022, Eve is noted on the New York Supply Exchange where its shares of ordinary shares and public warrants profession under the tickers “EVEX” and “EVEXW”. To learn more, please see www.eveairmobility.com.

Regarding FINEP

As a federal government firm connected to Brazil’s Ministry of Scientific research, Innovation, and Development (MCTI), Financiadora de Estudos e Projetos (FINEP) plays an essential duty beforehand the country’s financial and social development. FINEP drives technology by offering important public financing, using tools such as gives and lendings, to sustain scientific research, innovation, and technology efforts. Its thorough assistance prolongs throughout the whole technology lifecycle, profiting firms, colleges, and study establishments taken part in critical jobs essential for Brazil’s lasting advancement and change.

Forward-Looking Declaration Disclosure

Specific declarations had in this launch are positive declarations within the significance of the Personal Stocks Lawsuits Reform Act of 1995. These positive declarations might be determined by words such as “may,” “will,” “anticipate,” “plan,” “prepare for,” “think,” “quote,” “strategy,” “job,” “could,” “should,” “would certainly,” “proceed,” “look for,” “target,” “advice,” “overview,” “if existing fads proceed,” “confident,” “projection” and various other comparable words or expressions. All declarations, besides declarations of historic realities, are positive declarations, consisting of, however not restricted to, declarations regarding the firm’s strategies, goals, assumptions, expectations, forecasts, purposes, price quotes, and various other declarations of future occasions or problems, consisting of relative to all firms or entities called within. These positive declarations are based upon the firm’s existing goals, ideas and assumptions, and they undergo substantial threats and unpredictabilities that might trigger real outcomes and monetary setting and timing of particular occasions to vary materially from the info in the positive declarations. These threats and unpredictabilities consist of, however are not restricted to, those stated here along with partly I, Product 1A. Threat Aspects and Component II, Product 7. Monitoring’s Conversation and Evaluation of Financial Problem and Outcomes of Procedures of the firm’s newest Yearly Record on Type 10-K, Component I, Product 2. Monitoring’s Conversation and Evaluation of Financial Problem and Outcomes of Procedures and Component II, Product 1A. Threat Aspects of the firm’s newest Quarterly Record on Type 10-Q, and various other threats and unpredictabilities noted every so often in the firm’s various other filings with the Stocks and Exchange Compensation. In addition, there might be various other variables of which the firm is not presently mindful that might influence issues reviewed in the positive declarations and might additionally trigger real outcomes to vary materially from those reviewed. The firm does not presume any kind of responsibility to openly upgrade or supplement any kind of positive declaration to mirror real outcomes, adjustments in presumptions or adjustments in various other variables influencing these positive declarations. besides as needed by regulation. Any type of positive declarations talk just since the day hereof or since the days showed in the declaration.

[1] Equal quantity in United States bucks; BRL 90 million in neighborhood money (Brazilian genuine– BRL).

[2] Equal quantity in United States bucks; BRL 191 million in neighborhood money (Brazilian genuine– BRL).