Eve Holding, Inc. · NYSE:EVEX
Eve — Investor Presentation (November 2023)
23 slides from Eve's investor presentation, November 2023
Slide 1: Eve Air Mobility
EVE AIR MOBILITY NOVEMBER 2023
Slide 2: Eve emerges as a disruptive innovation project
Eve emerges as a Eve becomes the first Eve merges with Zanite On May 10th, Eve goes Eve announces first eVTOL disruptive innovation company to graduate Acquisition Corp., an public with an initial production facility to be project withing from Embraer-X investment company public offering (IPO) situa
Slide 3: Enabling Advanced Air Mobility Ecosystem
ENABLING ADVANCED AIR MOBILITY ECOSYSTEM Products and solutions that offer scalability and support eVTOL Development Designing, developing and certifying an electric vertical take-off and landing vehicle Services & Operations Solutions Services: Provide a full portfolio of services and support solut
Slide 4: Vehicle Design Optimized for Urban Mobility
VEHICLE DESIGN OPTIMIZED FOR URBAN MOBILITY Flexible seating capacity Tailored for urban mobility 4 passengers at EIS, up to 6 in 100 km (60 mile) range at EIS addresses autonomous configuration 99% of UAM missions High utilization rate Unmatched cost efficiency Designed for thousands flight cycles
Slide 5: Most Practical Design Choice for UAM Missions
MOST PRACTICAL DESIGN CHOICE FOR UAM MISSIONS LIFT + CRUISE TILT ROTOR VECTORED FAN MULTI-ROTOR • Simple design • High speed • Efficient cruising • Efficient takeoff and • High reliability • Long range • Long range landing • Straightforward to certify • Simplest to certify • Quiet in cruise mode • C
Slide 6: UAM Market
UAM MARKET by 2035 50,000 operating eVTOLS performing over 770k flights per day transporting over 900M passengers Source: Eve Air Mobility In 500 cities SECRET INFORMATION This information This information belongs belongs to to Eve Eve and and cannot cannot be be used used or or reproduced reproduce
Slide 7: Potential of UAM in Major Urban Areas
POTENTIAL OF UAM IN MAJOR URBAN AREAS RIO DE JANEIRO CHICAGO LOS ANGELES 245 eVTOLS 240 eVTOLS 390 eVTOLS 37 Vertiports 30 Vertiports 38 Vertiports 100+ Routes 120+ Routes 150+ Routes 4.5M Annual passengers 4.5M Annual passengers 7.1M Annual passengers $220M Annual revenues $225M Annual revenues $35
Slide 8: Services & Operations Solutions Deals
SERVICES & OPERATIONS SOLUTIONS DEALS 7 Services & Operations Solutions customers in 6 countries Letters of Intent for up to MRO services Data integration solutions $540 Mi Spare parts solutions Training solutions POTENTIAL REVENUE (5Y) Battery & energy solutions Component repairs This information b
Slide 9: eVTOL and Urban ATM Deals
eVTOL AND URBAN ATM DEALS 28 eVTOL customers in 14 countries Letters of Intent for up to 11 UATM customers & partners in 3 continents 2,850 eVTOL AIRCRAFT $8.6 Bi 30 50 60 50 200 100 200 200 150 200 200 200 100 400 50 35 100 100 50 50 40 50 25 40 40 10 Undisclosed 50 70 Undisclosed 3 This informatio
Slide 10: Latest Product Developments
LATEST PRODUCT DEVELOPMENTS INITIATED PROTOTYPE ASSEMBLY AND JOINT-DEFINITION PHASE • Started assembly of harness to integrate electrical/electronic systems to sensors, fuselage and structural wing components to incorporate into composite laminate; • Initiated Joint-Definition Phase (JDP) to engage
Slide 11: eVTOL Development Progressing
eVTOL DEVELOPMENT PROGRESSING Wing assembly fuselageassembly 1stst harness assembly Wind tunnel testing Ribs and spars wing assembly Joint Definition Phase - JDP This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 11
Slide 12: Selection of Suppliers Progress
SELECTION OF SUPPLIERS PROGRESS Propeller Battery Flight Control Rotors Computers Engines Thermal Management Actuators Avionics This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 12
Slide 13: eVTOL Cabin
EVTOL SHORTLISTED 2023 CABIN SECRET This information belongs to Eve and cannot be used or reproduced without written permission from the INFORMATION This information belongs to Eve and cannot be used or reproduced without written permission from the Company. Company. 13
Slide 14: Selection of First eVTOL Production Site in Brazil
SELECTION OF FIRST eVTOL PRODUCTION SITE IN BRAZIL TAUBATÉ - SÃO PAULO, BRAZIL • Production facility situated within Embraer’s existing unit that will be expanded • Strategic logistical location, proximity to Embraer’s headquarters in São José dos Campos and Eve’s engineering and human resources tea
Slide 15: Financial Performance
FINANCIAL PERFORMANCE USD MILLIONS 3Q23 2Q23 3Q22 9M23 9M22 INCOME STATEMENT Research and Development (28.6) (21.8) (14.3) (72.0) (33.8) Selling, General and Administrative (5.0) (6.6) (6.8) (17.8) (23.9) New Warrants / Change in fair value of derivative liabilities (0.9) (6.8) (17.1) (9.8) (98.6) F
Slide 16: Milestones and 2023 Outlook
MILESTONES AND 2023 OUTLOOK SELECTION OF PRIMARY SUPPLIERS AIRCRAFT SYSTEMS ARCHITECTURE DEFINITION INITIATE FIRST PROTOTYPE ASSEMBLY (2H23) INITIATE TEST CAMPAIGN (2024) TRIAL SOFTWARE OF URBAN AIR TRAFFIC MANAGEMENT – URBAN ATM (4Q23) $ 2023 TOTAL CASH CONSUMPTION BETWEEN $130 AND $150 MILLION Thi
Slide 17: Eve's Global UAM Ecosystem Initiatives
EVE’S GLOBAL UAM ECOSYSTEM INITIATIVES For agnostic, integrated and equitable UAM ecosystem UK CAA Regulatory Sandbox Co-created solutions with ANSP to Chicago CONOPs & Simulation address regulatory barriers to airspace Japan CONOPs Simulating passenger services integration Understanding ground infr
Slide 18: Eve Completed Development of Urban ATM Prototype
EVE COMPLETED DEVELOPMENT OF URBAN ATM PROTOTYPE URBAN AIR TRAFFIC MANAGEMENT (UATM) PROTOTYPE Focused on essential services to support introduction and scalability of Urban Air Mobility (UAM) operations FEEDBACK FROM SIMULATIONS AND ADVISORY GROUPS Tests during Eve's Chicago Simulation and Advisory
Slide 19: Sustainability
SUSTAINABILITY 100% ZERO FULL LIFE- UP TO 80% CO2 CARBON electric vehicle local carbon CYCLE emission NEUTRALITY emissions reduction vs cars design approach Achievable with minimum costs This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 19
Slide 20: Sustainable Materials
Composite wall SUSTAINABLE MATERIALS Water based paint Sustainable leather Wool fabric Recycled rubber SECRET This information belongs to Eve and cannot be used or reproduced without written permission from the INFORMATION This information belongs to Eve and cannot be used or reproduced without writ
Slide 21: Strong Environmental Appeal with CO2 Emissions Reduction
STRONG ENVIRONMENTAL APPEAL WITH CO2 EMISSIONS REDUCTION Operational Emissions by Transportation mode (g CO2-eq per passenger per km) 580 120 47 15 Medium helicopter Medium car eVTOL (Brazil) eVTOL (Norway) EVTOLS WILL HAVE SIGNIFICANTLY LOWER CARBON IMPACT THAN CARS AND HELICOPTERS IT WILL DEPEND O
Slide 22: World Economic Forum
WORLD ECONOMIC FORUM Collaborating with knowledge into Joining the coalition to anticipate the industry leaders' reports impact of UAM on the top cities around the world Target True Zero Current Status Unlocking Sustainable Battery and Short Term Medium Term Long Term Hydrogen-Powered Flight Stakeho
Slide 23: Thank You!
THANK YOU! This information belongs to Eve and cannot be used or reproduced without written permission from the Company.