Vertical Aerospace Ltd. · NYSE:EVTL
Vertical Aerospace — Investor Presentation (June 2025)
24 slides from Vertical Aerospace's investor presentation, June 2025
Slide 1: Vertical Aerospace Company Overview June 2025
Vertical Aerospace Company Overview| June 2025 Confidential, Vertical Aerospace Group Ltd 2025. All rights reserved.
Slide 2: Disclaimer
. . y Disclaimer The following presentation and any other materials distributed at or in connection with the presentation (collectively, this “presentation’) has been prepared by Vertical Aerospace Ltd. (Vertical” or “Company’). No Representations and Warranties This presentation is for informationa
Slide 3: A leading pioneer in electric aviation
Vertical Aerospace A leading pioneer in electric aviation Urban air mobility is on the cusp of becoming a reality m Vertical Aerospace ("Vertical") is one of the clear leaders in the eVTOL space The right aircraft design, with proven piloted flight test progress A market leader in battery technology
Slide 4: Vertical Highlights
Vertical Highlights y Strong Urban Air Mobility Demand Fundamentals and Large Projected Total Addressable Market (TAM) 1 + Advanced Air Mobility (AAM) and Urban Air Mobility (UAM) combined TAM of ~$1Tn estimated by 2040, reaching ~$9Tn by 2050") * Transport/Logistics and Military/Government TAMs are
Slide 5: Recent Actions Proactively Address Investment Headwinds and Clear the Path to Takeoff
Recent Actions Proactively Address Investment Headwinds and Clear the Path to Takeoff $130M Transaction Completed December 2024 * 50% of Convertible Loan Note equitized * Conversion rate of remaining Note fixed and maturity extended to 2028 in line with business plan timing * Dilution from conversio
Slide 6: The eVTOL Market is at a Tipping Point with Significant Investment Behind It
The eVTOL Market is at a Tipping Point with Significant Investment Behind It Combined eVTOL Market Cap of $13Bn+ VERTICA Ly M ARCHER \J Joby == Recent Market Activity: $1.7Bn+ Raised Q4 2024 and Q1 2025 + Archer Aviation Raises $730M Including BlackRock, United Airlines?) + BETA Technologies Raises
Slide 7: The Burgeoning eVTOL Market Presents a Significant Opportunity
s The Burgeoning eVTOL Market Presents a Significant Opportunity TAM is material with over 160,000 projected eVTOLs in the air by 2050 Projected Global TAM of Total UAM Operations by 2040” Projected Global TAM of Passenger UAM Operations) By End Market By Use Case Airlines Military / Government a $9
Slide 8: Compelling Addressable Market Expected to be Driven by Continued Urbanization
Compelling Addressable Market Expected to be Driven by Continued Urbanization Leading to Increasingly Gridlocked Ground Congestion Population Growth Infrastructure Limits Urban Movement + Industry reports indicate that the global urban population is around 4.4Bn and is expected to grow to 5Bn or 60%
Slide 9: Vertical is Focused on Alleviating Congestion in Key Travel Markets
Vertical is Focused on Alleviating Congestion in Key Travel Markets, Making UAM More Accessible Globally Early Market Opportunities: London Sado Paulo Osaka 2 FA tt ue 2 ie 2 Vertical VX4 Vertical VX4 Vertical VX4 Vertical VX4 14 Miles in 7 Minutes 56 Miles in 25 Minutes“ 18 Miles in 9 Minutes 19 Mi
Slide 10: VX4 Helicopter Premium Ride Share
VX4 Helicopter Premium Ride Share 10
Slide 11: Vertical is Developing the Best-in-Class eVTOL
Vertical is Developing the Best-in-Class eVTOL a Key Attributes Unique to the VX4 Highest Levels of Safety in Aviation Safety 10-9 Equivalent to Large Commercial Aircraft see gs Certifying in the UK and Europe, Driving fi A h Certification Approac Global Portability 4 Passengers, Scaling to 6 Passen
Slide 12: Global Customer Base Underpins Robust Demand Outlook
Global Customer Base Underpins Robust Demand Outlook y Vertical is pursuing certification in multiple jurisdictions to deliver to its global customer base -v AVOLON air greenland babcock up to. 550 aircraft. Partnership. @ 2 Bristow Sarre 10100 eireraree FGXINGGROUP: JAPAN AIRLINES upto ¢ ° . . ap t
Slide 13: VX4 Aircraft Designed to Achieve Best-in-Class Standards
VX4 Aircraft Designed to Achieve Best-in-Class Standards Y Market entry at the highest safety standard serves as an enduring global advantage BBEASA " The highest civil certification safety objectives in the world, the same as for commercial airlines (e.g. when comparing EASA/CAA SC-VTOL vs. FAA Pow
Slide 14: Vertical is a Pure-Play OEM with World-Class Partnerships
Vertical is a Pure-Play OEM with World-Class Partnerships y Delivering Progress and Leading Capital Efficiency for Globally Diversified Customers Suppliers Customers Pp <a> Bs SasTenes air greenland American Airlines AVOLONY @ Hanwha Honeywell ee, 3% Bristow COL S ae ‘€ LEONARDO MOICEL iberojet @ Ri
Slide 15: Vertical's Business Model Consists of Two Distinct Revenue Streams
Vertical’s Business Model Consists of Two Distinct Revenue y Streams Innovative and proprietary battery technology designed to drive high margin, with ~50/50 expected long-term revenue mix between aircraft and battery sales + Aleading eVTOL platform with the right aircraft for the best customer expe
Slide 16: United Kingdom Ireland
• United Kingdom Denmark • Ireland Netherlands London Poland Belgium Germany Paris • France Italy • Spain • • 16
Slide 17: Flightpath 2030 Provides a Clearly Defined Route for the Next Phase
Flightpath 2030 Provides a Clearly Defined Route for the Next Phase of Vertical’s Journey It’s About Time: Transforming How the World Moves Vision Fen | Pioneering Electric Aviation Strategic . . Redefining Aerospace Intelligent Safety intents Pioneering Culture Best Practice Partnering Obsessed >20
Slide 18: Vertical Has Clearly Defined Targeted Operational Milestones for 2025 and Beyond
Vertical Has Clearly Defined Targeted Operational Milestones for 2025 and Beyond Fly full-scale piloted wingborne Fly full-scale piloted flights in » Initiate production with long- and transition real-world use cases range parts purchasing > Build and fly third full-scale VX4 prototype Earn further
Slide 19: Vertical's 2025 Intensive Piloted Flight Test Campaign
Vertical’s 2025 Intensive Piloted Flight Test Campaign Vertical is only able to conduct test flights in the UK when in compliance with the UK Civil Aviation Authority’s (CAA’s) Permit to Fly regime Consequently, this prototype flight test campaign serves as a mini-certification process and provides
Slide 20: Flight video
A white airplane flying in the sky Description automatically generated Play Button Drawing Icon PNG Transparent Background, Free Download #18919 - FreeIconsPNG • • • • 20
Slide 21: World-class Leadership Team
World-class Leadership Team who have Built, Certified and Supported over 30 : ») Aircraft and Aircraft Sstectecies — oittere Chetconmerald Sigphcnentecer —_ENeerng bie Propulsion (SEER (AED B rots oyce By Rolls-Royce’ = Systems... Trevor Woods Simon Davies Ross Crawford Martyn Ashford. Chief Test Pi
Slide 22: Supported by a Strong Board of Directors to Drive the Next Phase of Growth
..oupported by a Strong Board of Directors to Drive the Next Phase of Growth ania Domhnal Slattery Stuart Simpson James Keith (JK) Brown Kris Haber Chairman Chief Executive Officer Director Director SSTHRIVECAPITAL WL. 2eTEO, B voion” een oat INVESTCORP CUALINE Sims" COATUE Carsten Stendevad Ben Sto
Slide 23: Industry Leading Capital Efficiency As Vertical Progresses Toward Commercialization
Industry Leading Capital Efficiency As Vertical Progresses Toward Commercialization Investment in US$ ~$1.5Bn ~$1.2Bn (1) $381M VERTICA LY Company A Company B Piloted Full-Scale Flight Conducted Piloted Full-Scale Flight Conducted Unpiloted Full-Scale Flight Conducted Pure-Play OEM OEM and Operator
Slide 24: Vertical Highlights
Vertical Highlights (1) Wall Street Research Strong Urban Air Mobility Demand Fundamentals and Large Projected Total Addressable Market (TAM) + Advanced Air Mobility (AAM) and Urban Air Mobility (JAM) combined TAM of ~$1Tn estimated by 2040, reaching ~$9Tn by 2050” * Transport/Logistics and Military
Vertical Aerospace — Investor Presentation (June 2025) on 6ix