Jet AI (JTAI) Investor presentation summary

Merger and strategic transformation

• Entered a definitive agreement on February 14, 2025, to sell the aviation business to flyExclusive in an all-stock deal, spinning off aviation assets into a new entity to be acquired by flyExclusive.

• Transaction transforms the company into a pure-play AI solutions and data center business, with shareholders retaining stock and receiving new shares in flyExclusive.

• Purchase price is based on net cash multiplied by a premium percentage (115%-120%), with net cash of at least $12 million required at closing.

• Transaction expected to close in Q1 2026.

Data center joint venture and expansion

• Formed a joint venture with Consensus Core Technologies to develop two hyperscale data center campuses in Midwestern and Maritime Canada.

• Plans to expand Midwestern site from 2MW to 100MW within 12 months, targeting $100 million incremental NOI when stabilized.

• Maritime site starts with 40MW, aiming to scale to 100MW and beyond 1GW, leveraging proximity to energy infrastructure and green energy expansion.

• Company to contribute up to $20 million in five tranches, earning up to 2.5% equity in the JV and 17.5% in each project upon milestone completion.

• Achieved key milestones, including property acquisition and mortgage lien releases, with $2 million contributed as of November 2025.

Strategic capital initiatives

• Made a strategic capital contribution to AIIA Sponsor Ltd., holding a 49.9% voting interest, supporting a $138 million SPAC focused on AI and data center infrastructure.

• Enhances book equity and provides influence over future AI/data center acquisitions, with potential equity upside from the SPAC trust account.