Eve Celebrates Brazil’s Listing and Secures $40 Million Debt from BNDES to eVTOL Program

• Financing will certainly sustain the assimilation stage of the electrical propulsion system and screening of the qualification model
• Brand-new credit limit reinforces the business’s money setting as it breakthroughs towards airplane qualification

SÃO PAULO, Brazil– December 9, 2025 — Eve Air Flexibility (” Eve”) (NYSE: EVEX, EVEXW; B3: EVEB31), a business committed to creating options for the Urban Air Flexibility (UAM) market, consisting of an electrical upright liftoff and touchdown (eVTOL) airplane, participated in today’s opening bell event at Brazil’s stock market (B3), in São Paulo, to commemorate its listing on the Brazilian stock market, which happened in August of this year.

Eve’s listing in Brazil, matching its visibility on the New York Supply Exchange considering that 2022, lines up with the business’s method to expand its investor base, broaden accessibility to capitalists throughout various markets and reinforce the funding framework called for to sustain its program.

Throughout the event, Eve introduced the authorization of around $40 million funding plan from Brazil’s National Financial institution for Economic and Social Advancement (BNDES). The funds will certainly sustain the assimilation stage and procedure of the electrical motors for the business’s initial qualification airplane, in addition to prep work for the examination project called for to get the kind certification from Brazil’s National Civil Aeronautics Firm (ANAC).

Structured under the BNDES Environment Fund (Environment-friendly Sector method) and the FINEM Development line (Incentivized Line A), the brand-new procedure includes 2 subcredits– ~ US$ 32 million from the Environment Fund and ~ US$ 8 million in BNDES sources elevated in international money– with an overall regard to approximately 15 years.

Talking at the Brazilian stock market event, Eduardo Couto, Eve’s CFO, claimed: “This funding increases a crucial stage of our program: the assimilation of the electrical propulsion system, which will certainly guarantee efficiency, security and dependability for our initial certifiable airplane. We give thanks to BNDES for its trust fund and proceeded assistance of our vision to change metropolitan flexibility with reliable and lasting options created and made in Brazil.”

Aloizio Mercadante, Head Of State of BNDES, included: “The production of the eVTOL stands for turbulent advancement in the principle of metropolitan flexibility. This airplane will certainly link bottom lines in significant cities and urbane areas with much reduced greenhouse gas exhausts than standard helicopters and autos.”

The brand-new credit limit introduced at B3, with involvement from elderly management from Eve, Embraer, and BNDES, together with consumers and companions, strengthens the solid collaboration in between the companies. Given that 2022, BNDES has actually offered greater than $240 million in funding to Eve, settling the business’s economic structure to bring its eVTOL to qualification and launch industrial procedures.

Photo: https://eve.imagerelay.com/fl/6e78e514a88a4384b55192f8e4b7239d

Concerning Eve Air Flexibility

Eve Air Flexibility is committed to increasing the Urban Air Flexibility (UAM) ecological community. Taking advantage of a start-up state of mind, backed by Embraer’s 56-year background of aerospace knowledge, and with a particular emphasis, Eve is taking an all natural technique to proceeding the UAM ecological community, with an innovative eVTOL task, detailed international solutions and assistance network and a distinct air web traffic administration option. Eve is provided on the New York Supply Exchange (EVEX; EVEXW) and the São Paulo Stock Market (EVEB31), where its shares of ordinary shares and public warrants are traded. To find out more, please see www.eveairmobility.com.

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Eve Air Flexibility: media@eveairmobility.com

Concerning BNDES

The National Financial Institution for Economic and Social Advancement (BNDES) is Brazil’s government advancement financial institution, with a goal to advertise lasting and affordable financial development while creating work and lowering inequality. Running throughout all private sectors, BNDES provides long-lasting funding and sustains advancement, sustainability, electronic change, and high-impact social campaigns. Discover more at: www.bndes.gov.br.

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