flyExclusive waives lock-up on 5.6M shares and 4.3M warrants owned by EG Sponsor to pursue Russell 2000 inclusion

FLYEXCLUSIVE INC.

Lock-up on 5,625,000 Class A shares and 4,333,333 warrants owned by EG Sponsor LLC waived effective July 25, 2025.
Original lock-up was set to expire Dec 27, 2026; action aims to enable inclusion in Russell 2000 Index.
Company expects index inclusion to increase volume, liquidity, and support capital raising efforts.
CFO Brad Garner noted EG Sponsor continues as financial partner; lock-up removal follows 18+ months since merger close.
Waiver approved by Audit and Risk Committee and Board with disinterested directors only.

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