Slide 1: H1 2026 Business and Strategy Update
NYSE: EVTL H1 2026 Business and Strategy Update August 13, 2026 Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 2: Disclaimer
Disclaimer The following presentation, including the information communicated during the delivery of Forward-Looking Statements However, important factors that may affect actual results and cause the results reflected the presentation and any question-and-answer session (collectively, this “presenta
Slide 3: Today's Presenters
Today’s Presenters Stuart Simpson Simon Davies Michael Cervenka CEO Chief Test Pilot Chief Commercial & Strategy Officer H1 2026 Business and Strategy Update Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved. 3
Slide 4: Today's Agenda
Today’s Agenda 1. Farnborough: Demonstrating Aircraft and Operational Maturity 2. Building the Ecosystem for Commercial Scale 3. UK Government Support and Industrialisation 4. H1 Financial Position and Funding H1 2026 Business and Strategy Update 5. Execution Roadmap and Upcoming Milestones Confiden
Slide 5: H1 2026 Business and Strategy Update
H1 2026 Business and Strategy Update Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved. 5
Slide 6: 1. Farnborough: Demonstrating Aircraft and Operational Maturity
1. Farnborough: Demonstrating Aircraft and Operational Maturity Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 7: Five Flights in Five Days Demonstrated Valo's Maturity at Farnborough
Five Flights in Five Days Demonstrated Valo’s Maturity at Farnborough 1st Public demonstration of a piloted eVTOL transition flight at FIA 2 - Way Piloted transition into wing - borne flight and back for every flight 140k+ Total Farnborough International Airshow attendance H1 2026 Business and Strat
Slide 8: Proven Engineering Demonstrated in Flight, Under UK CAA Oversight
Proven Engineering Demonstrated in Flight, Under UK CAA Oversight July 2024 Feb 2025 Sept 2025 April 2026 July 2026 H1 2026 Business and Strategy Update Tethered Thrustborne Wingborne Transition Demonstration Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved. 8
Slide 9: 2. Building the Ecosystem for Commercial Scale
2. Building the Ecosystem for Commercial Scale Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 10: Farnborough Advanced Every Part of the Commercialisation Ecosystem
Farnborough Advanced Every Part of the Commercialisation Ecosystem Building a Scalable Charging Solution H1 2026 Business and Strategy Update Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved. 10
Slide 11: Common Platform Creates a Clear, Seamless, Path into Defence and Autonomy
Common Platform Creates a Clear, Seamless, Path into Defence and Autonomy Valo Electric COMMON PLATFORM Valo Hybrid 1. Common Platform 2. Near Earth Integration 3. UK MoD Interest H1 2026 Business and Strategy Update • Core Systems Architecture • Flight Controls • Airframe • Engineering Investment •
Slide 12: Building a Scalable Battery and Charging Ecosystem
Building a Scalable Battery and Charging Ecosystem Onboard the Aircraft Creating the Ecosystem Proprietary battery - management Government - backed charging solutions and pack - integration system programme led by Vertical Third - party cells integrated into aerospace - High - power charging and coo
Slide 13: Vertical is Advancing Certification and Airspace Integration in Parallel
Vertical is Advancing Certification and Airspace Integration in Parallel 1 2 3 Defined Demonstrated Integration Certification Under Regulatory Into Shared Framework Oversight Airspace H1 2026 Business and Strategy Update Live Type - Certification Validation Programmes Confidential. ©Vertical Aerospa
Slide 14: 3. UK Government Support and Industrialisation
3. UK Government Support and Industrialisation Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 15: UK Support is Advancing Vertical's Next Phase of Industrialisation
UK Support is Advancing Vertical’s Next Phase of Industrialisation 1 Near - Term Capacity 2 Government Support 3 Industrial Scale • Manufacturing Aircraft & Battery Capability • Defence Site Selection Underway • Export Finance ~$64mm * ~700 H1 2026 Business and Strategy Update Potential cumulative d
Slide 16: 4. H1 Financial Position and Funding
4. H1 Financial Position and Funding Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 17: Financials and Funding
Financials and Funding Cash & Cash Equivalents Following Receipt of Below August 13, 2026 Financing Commitments $134mm / £99mm $148mm / £109mm Net Cash Expected to be Used in Operating Activities Next 12 Months (from August 13, 2026) Approximately $150mm / £110mm August 2026 Financing Package H1 202
Slide 18: 5. Execution Roadmap and Upcoming Milestones
5. Execution Roadmap and Upcoming Milestones Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 19: Valo is Progressing Through a Defined Path to Certification and Entry into Service
Valo is Progressing Through a Defined Path to Certification and Entry into Service Today Completed In Progress Next 2025 2026 2027 2028 2029 Aircraft Certification Preliminary Critical Design Review UK + EU Type Certificate Design Review Electric U.S. and Other Jurisdictions to Follow Pre - product
Slide 20: Near-Term Operational Targets
Near - Term Operational Targets Fly at Farnborough Airshow Fly Aircraft 3 eVTOL full transition Prepare to retrofit Aircraft 3 to Hybrid Open Vertical Energy Centre 2 and pilot Announce high - rate aircraft and Complete Critical Design Review (“CDR”) aircraft production facility battery manufacturin
Slide 21: Q&A
Q&A Confidential. ©Vertical Aerospace Group Ltd 2026. All rights reserved.
Slide 22: ©Vertical Aerospace Group Ltd 2026. All rights reserved.
©Vertical Aerospace Group Ltd 2026. All rights reserved.