Surf Air Mobility Attends FAA's Project Nexus eIPP Event, Reinforcing Its Position as the Commercial Platform for Advanced Air Mobility

Surf Air Mobility (NYSE: SRFM) (“Surf Air Mobility” or the “Company”), a leading air mobility platform, announced today that Company executives attended the launch meeting for Project Nexus on Thursday, September 10, at Alliance Field in Fort Worth, Texas (AFW). Project Nexus is the Federal Aviation Administration's eVTOL Integration Pilot Program (eIPP) initiative awarded to North Texas, bringing together a coalition of the industry's leading eVTOL manufacturers, including BETA Technologies (“BETA”), Joby Aviation, and Archer Aviation.

The program is designed to establish the operational, regulatory, and infrastructure framework needed to integrate electric vertical takeoff and landing aircraft into the national airspace. Surf Air Mobility's attendance reinforces its position as the platform that eVTOL and Advanced Air Mobility manufacturers will rely on to bring next-generation aircraft into commercial service. The Company has developed SurfOS, its proprietary AI-enabled software powered by Palantir Technologies, and operates a Part 135 scheduled airline, giving the Company the operational infrastructure, air carrier expertise, and commercial network required to help advance eVTOL aircraft from certification into passenger and cargo service.

Starting in June 2026, Surf Air Mobility participated in a demonstration flight program with BETA's ALIA electric aircraft in Hawaiʻi. Hawaiʻi's short average stage length and high-frequency interisland routes make it a model network for the introduction of electric aircraft, and Surf Air Mobility, via its scheduled airline brand, Mokulele Airlines, currently operates the largest commuter airline network in Hawai’i with approximately 112 daily flights. Surf Air Mobility has a stated goal of flying the first commercial passenger electric flight, once certified.

Deanna White, Chief Executive Officer of Surf Air Mobility, said: "Project Nexus represents exactly the kind of collaboration this industry needs to move eVTOL and other Advanced Air Mobility aircraft from prototypes to daily commercial operations. We built SurfOS and our operating airline for this moment. Surf Air Mobility’s role is to make sure that once these aircraft are certified, there is a commercial platform available for their technologies to seamlessly go to market and scale."

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software, Surf Air Mobility provides technology designed to support the modernization of air operations and the adoption of next-generation aircraft. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures and provides private charter services. Together, these businesses provide the operational scale and real-world operating data to validate and deploy its software. These capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.

Forward-Looking Statements

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Surf Air Mobility’s profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company and reflect the Company’s current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air Mobility’s ability to anticipate the future needs of the air mobility market; Surf Air Mobility’s future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air Mobility’s development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air Mobility’s growth; the inability of Surf Air Mobility’s customers to pay for Surf Air Mobility’s services; the inability of Surf Air Mobility to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air Mobility, the risks associated with Surf Air Mobility’s obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov, before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.

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