Eve presents its eVTOL cabin for the first time at the Farnborough Airshow

FARNBOROUGH, England, July 18, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve” or “the Company”) (NYSE: EVEX; EVEXW) today unveiled its first eVTOL (electric vehicle vertical take-off and landing) cabin at the Farnborough Airshow. full-size mock-up, which reinforces the company’s human-centered design approach. The model will be presented at Embraer’s “Fly the Future” exhibition, along with the manufacturer’s sustainable aircraft concepts. Of July 18 to 22, visitors can experience the future of regional aviation and urban air mobility (“UAM”) at the Embraer Pavilion located at E037. Eve also shared her most recent vehicle configuration as part of the current product design phase.

“This mockup brilliantly materializes the cabin concept that we have been co-creating with potential users for years. We recently received feedback from our advisory board, and now we will be able to show it to other stakeholders here at the Farnborough Airshow. Our solutions have been designed with key market needs in mind, such as accessibility, safety, sustainability and ticket price. It’s always exciting when we reach this milestone in the program,” said Flavia CiacciaVice President of User Experience at Eve.

Along with the mock-up experience, visitors will also be able to explore the external features of the eVTOL through augmented reality technology.

As part of ongoing product development, the company also showed off the current vehicle design which uses a conventional wing and tail instead of the previous canard configuration. All eight rotors are fixed around the wing, providing vertical take-off and landing capability as well as safety and reliability in a simple, intuitive lift-and-cruise design.

Andre SteinEve’s co-CEO, added, “Our teams have worked hard to create the best solutions for the global urban air mobility environment, and our aviation experience with Embraer not only gives us confidence that we are on the right track, but also puts We are at the forefront of the market We have accelerated the commitment of our resources and evolved the maturity of the project.

Eve has been dedicated to promoting the UAM market across the world and committed to making it sustainable and safe for everyone. The Company’s eVTOL will provide communities with environmentally friendly flight at a lower cost and is expected to enter service in 2026.

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Follow Eve on Twitter: @Eveairmobility

About Eve

Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefiting from a start-up mindset, backed by the 50+ years of aerospace expertise of Embraer SA, and with a singular focus, Eve takes a holistic approach to advancing the UAM ecosystem, with a advanced eVTOL project, a complete set of global support network services and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its common stock and public warrants trade under the symbols “EVEX” and “EVEXW”. For more information, visit www.eveairmobility.com.

Disclosure of forward-looking statements

Certain statements in this press release include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “estimate”, “plan”, “project”, “expect”, “intend”, “should”, “expect”, “anticipate”, “believe”, “seek”, “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “prospect” or other similar expressions (or negative versions of such words or phrases) which predict or indicate future events or trends or which are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the Company’s expectations regarding future performance. These statements are based on various assumptions, whether or not identified herein, and on the current expectations of the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for informational purposes only and are not intended to serve as, and should not be relied upon by, any investor as a guarantee, assurance, prediction or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from what is assumed, and those differences may be material. Many actual events and circumstances are beyond the Company’s control.

These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) failure to realize the expected benefits of the business combination; (iii) risks related to the uncertainty of projected financial information about the Company; (iv) the outcome of any legal proceedings that may be brought against the Company; (v) future global, regional or local economic and market conditions, including the growth and development of the urban air mobility market; (vi) the development, effects and application of laws and regulations; (vii) the ability of the Company to grow and manage its future growth, to maintain relationships with its customers and suppliers and to retain its key employees; (viii) the Company’s ability to develop new products and solutions, bring them to market in a timely manner and make improvements to its platform; (ix) the Company’s ability to develop, obtain certification and successfully market its eVTOL; (x) the effects of competition on the Company’s future business; (xi) the outcome of any potential litigation, governmental and regulatory proceedings, inquiries and investigations; (xii) the impact of the global COVID-19 pandemic; and (xiii) the factors discussed in the company’s registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”) on June 1, 2022 under the heading “Risk Factors” and other Company documents filed or to be filed with the SEC. If one of these risks materializes, or if our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks not currently known to the Company or that the Company currently believes to be immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts regarding future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s valuations to change. However, except as required by applicable law, the Company disclaims any obligation to update these forward-looking statements in the future. These forward-looking statements should not be taken to represent the Company’s assessments as of any date subsequent to the date of this press release and undue reliance should not be placed on the forward-looking statements.

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