Vertical Aerospace Ltd. · NYSE:EVTL

Vertical Aerospace — Q1 2025 Earnings Presentation

23 slides from Vertical Aerospace's earnings presentation, May 13, 2025

Slide 2: Disclaimer
Disclaimer The following presentation, the information communicated during any delivery of the presentation and any question-and-answer session and any other materials distributed at or in connection with the presentation (collectively, this “presentation”) has been prepared by Vertical Aerospace Lt
Slide 4: Agenda
Agenda § Our Recent Successes– Stuart Simpson, CEO § Our Battery Excellence and Introduction to Hybrid – Dr Limhi Somerville, Engineering Director § Financials & Outlook – Stuart Simpson, CEO 4 Q1 2025 Earnings Call ©VerticalAerospace Group Ltd 2025. All rights reserved.
Slide 5: Strategic Flightpath 2030
Flightpath 2030 Vision It’s About Time: Transforming How the World Moves Mission Pioneering Electric Aviation Strategic Redefining Aerospace Intelligent Safety Pioneering Culture Best Practice Partnering Obsessed >200-unit pa Cash break-even and Goals(1) Deliver at least manufacturing run-rate Zero
Slide 6: Vertical's key advantages
Vertical’s key advantages → Best-in-class aircraft, in terms of safety, capacity and comfort → Highly experienced team that has certified 30+ aircraft → Only eVTOL player positioned to serve global market by and propulsion systems certifying to the highest safety standards → Clear, transparent certi
Slide 7: Vertical's Robust 2025 Piloted Prototype Flight Test Campaign
Vertical’s Robust 2025 Piloted Prototype Flight Test Campaign Consequently, this prototype flight test campaign Vertical is only able to conduct test flights in the UK when in compliance serves as a mini-certification process and provides with the UK Civil Aviation Authority’s (CAA’s) Permit to Fly
Slide 8: Vertical has Clearly Defined Operational Milestones for 2025 and Beyond
Vertical has Clearly Defined Operational Milestones for 2025 and Beyond Fly full-scale piloted wingborne Flyfull-scale Fly full-scalepiloted pilotedflights flightsinin Initiateproduction Initiate productionwith withlong- long- Fly andfull-scale piloted transition transition real-world use cases rang
Slide 9: Vertical and Honeywell Expand Partnership
Vertical and Honeywell Expand Partnership • Vertical and Honeywell have been working together since 2019. • Vertical has recently signed a long-term agreement with Honeywell as a certification and production partner for the VX4. This expanded partnership has potential $1B projected contract value ov
Slide 10: Strong Board of Directors to Drive the Next Phase of Growth
Strong Board of Directors to Drive the Next Phase of Growth (1) Domhnal Slattery Stuart Simpson James Keith (JK) Brown Kris Haber Chairman Chief Executive Officer Director Director Carsten Stendevad(1) Ben Story Stephen Welch Eamonn Brannan Director Director Director Board Advisor (1) Appointment ef
Slide 11: Hybrid Propulsion Platform Provides Future Opportunity For Defense Applications
Hybrid Propulsion Platform Provides Future Opportunity For Defense Applications Versatile Platform • Expected to be able to fulfill a wide range of defense related missions enabled by hybrid propulsion • Range potential of 1,000+ miles with 500kg to 1,100kg payload • Hybridized eVTOLs expected to ha
Slide 12: Vertical's Business Model Consists of Two Distinct Revenue Streams
Vertical’s Business Model Consists of Two Distinct Revenue Streams Innovative and proprietary battery technology designed to drive high margin, with ~50/50 long-term revenue mix between aircraft and battery sales eVTOL Aircraft Proprietary Battery Technology • Long-term, high-margin recurring revenu
Slide 14: World-Class Battery
World-Class Battery 4:1 Cell to pack ratio >5000 flights per battery system Low cost / reusable Highest certification standards 14 Q1 2025 Earnings Call ©VerticalAerospace Group Ltd 2025. All rights reserved.
Slide 17: Vertical's Well Advanced Hybrid Opportunity
Vertical’s Well Advanced Hybrid Opportunity Range vs Payload for Civilian and Military Aircraft United Poland Kingdom Denmark Ireland Netherlands London Belgium Germany Italy Paris Spain France Military/civil hybrid Civil electric VX4 Piloted or unpiloted, 300 to 1000+ miles, Piloted, 100 miles, ~50
Slide 19: Financials & Outlook
Financials & Outlook Industry leading capital efficiency: fully funded through 2025 → Q1 2025 net cash used in operating activities → Net cash outflows from operating activities for FY 2025 Cash and cash equivalents FY 2024 January 2025 Raise 31 March 2025 (gross proceeds) £23m / $28m £74m / $90m £6
Slide 20: Vertical has Clearly Defined Operational Milestones for 2025 and Beyond
Vertical has Clearly Defined Operational Milestones for 2025 and Beyond Fly full-scale piloted wingborne Flyfull-scale Fly full-scalepiloted pilotedflights flightsinin Initiateproduction Initiate productionwith withlong- long- Fly andfull-scale piloted transition transition real-world use cases rang
Slide 21: Vertical's key advantages
Vertical’s key advantages → Best-in-class aircraft, in terms of safety, capacity and → Highly experienced team that has certified 30+ aircraft comfort and propulsion systems → Only eVTOL player positioned to serve global market by → Clear, transparent certification process and targets certifying to
Slide 23: Contact
Contact investors@vertical-aerospace.com

Vertical Aerospace — Q1 2025 Earnings Presentation on 6ix

Vertical Aerospace — Q1 2025 Earnings Presentation

Slide 1: Vertical Aerospace Q1 2025 Earnings Call

Slide 2: Disclaimer

Slide 3: Stuart Simpson, Chief Executive

Slide 4: Agenda

Slide 5: Strategic Flightpath 2030

Slide 6: Vertical's key advantages

Slide 7: Vertical's Robust 2025 Piloted Prototype Flight Test Campaign

Slide 8: Vertical has Clearly Defined Operational Milestones for 2025 and Beyond

Slide 9: Vertical and Honeywell Expand Partnership

Slide 10: Strong Board of Directors to Drive the Next Phase of Growth

Slide 11: Hybrid Propulsion Platform Provides Future Opportunity For Defense Applications

Slide 12: Vertical's Business Model Consists of Two Distinct Revenue Streams

Slide 13: Dr Limhi Somerville, Engineering Director

Slide 14: World-Class Battery

Slide 15: Battery Drop Test

Slide 16: Battery Propagation Test

Slide 17: Vertical's Well Advanced Hybrid Opportunity

Slide 18: Stuart Simpson, Chief Executive

Slide 19: Financials & Outlook

Slide 20: Vertical has Clearly Defined Operational Milestones for 2025 and Beyond

Slide 21: Vertical's key advantages

Slide 22: Q&A

Slide 23: Contact