Surf Air issues 4,644,922 shares to Palantir for license fees under existing software agreement

SURF AIR MOBILITY INC.

Surf Air Mobility filed a prospectus supplement to its Form S-3 (File No. 333-291485) covering 4,644,922 shares of common stock, par value $0.0001.
The shares were issued to Palantir Technologies Inc. as consideration for license fees and related professional services under the company's existing software license agreement with Palantir.
Issuance is non-cash: no proceeds to Surf Air, but roughly 4.6M new shares add to the share count outstanding.
Legal opinion of counsel Gibson, Dunn & Crutcher LLP attached as Exhibit 5.1; CEO Deanna White signed the report dated September 30, 2026.

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