Wheels Up extends lock-up on 97.2% of investor shares until Sept 20, 2025

Wheels Up Experience Inc.

Lead investors Delta, CK Wheels, CIH extend lock-up on all shares for one additional year.
Kore Capital and Whitebox entities extend lock-up on 72.5% of their shares.
Approximately 97.2% of shares issued under the Investor Rights Agreement now locked until Sept 20, 2025.
Holders of >66.67% of registrable securities extend shelf registration deadline to Sept 20, 2025.
CEO George Mattson cites investor confidence and ability to execute strategic plan.

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