Lilium (LILM) Registration Filing summary

Company overview and business model

• Focuses on developing electric vertical take-off and landing (eVTOL) aircraft for high-speed regional air mobility networks, aiming for sustainable, zero-emission travel and increased connectivity.

• Business models include tailored offerings for business aviation customers and turnkey enterprise solutions for operators, with both four- and six-seater Lilium Jet models and related aftermarket services.

• Current priorities are finalizing Lilium Jet design, progressing certification with EU and US authorities, ensuring supplier quality, and expanding manufacturing capacity.

• Funding strategy includes a mix of existing cash, non-dilutive financing (debt, government support, pre-delivery payments), and potential equity issuance.

• Evaluates strategic opportunities, including joint ventures and partnerships, which may involve additional share issuances.

Financial performance and metrics

• Financial statements for the year ended December 31, 2023, are incorporated by reference, with an explanatory paragraph on going concern in the auditor's report.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of Class A Shares by the selling securityholder; proceeds go entirely to the selling securityholder.

• Pays expenses related to registration, excluding underwriting discounts and commissions.