Lead investors extend lock-up on ~85% of Wheels Up shares until May 2026

Wheels Up Experience Inc.

Lead investors (Delta, CK Wheels, Cox) extend lock-up for all their shares to May 22, 2026.
Additional investors extend lock-up on 29% of their shares to January 2, 2026.
Approximately 85% of total outstanding shares remain under lock-up restrictions.
Investors representing >66.67% of registrable securities extend registration deadline to May 2026.
CEO cites investor confidence in transformation strategy, fleet expansion, and Delta partnership.

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