flyExclusive Added to the Russell U.S. Indexes

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KINSTON, N.C.--(BUSINESS WIRE)--Sep 24, 2025--

flyExclusive, Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”), a leading provider of premium private jet experiences, today announced that it has joined the Russell 2000®, Russell 3000® and Russell Microcap® Indexes, effective at the open of US equity markets on Monday, September 22, 2025, as part of the quarterly U.S. Russell Index Initial Public Offering (IPO) update.

“We are incredibly proud to join the Russell indexes, which reflects flyExclusive’s ongoing commitment to performance, precision, and delivering unmatched private aviation experiences,” said Jim Segrave, Founder and CEO of flyExclusive. “This milestone increases the Company’s exposure with institutional shareholders and supports our goal to drive long-term shareholder value as we continue to execute on our compelling growth strategy.”

The Company’s inclusion in the Russell 2000® Index, as well as the broader Russell 3000® Index, provides flyExclusive with increased visibility within the institutional investor community. The Russell indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 2000® and 3000® Indexes and the Russell indexes quarterly updates for IPOs, please go to https://www.lseg.com/en/ftse-russell/russell-reconstitution/ipo-additions.

About flyExclusive

flyExclusive is a vertically integrated, FAA-certificated air carrier providing private jet experiences by offering customers a choice of on-demand charter, Jet Club, and fractional ownership programs to destinations across the globe. flyExclusive has one of the world’s largest fleets of Cessna Citation aircraft, and it operates a combined total of approximately 100 jets, ranging from light to large cabin sizes. The company manages all aspects of the customer experience, ensuring that every flight is on a modern, comfortable, and safe aircraft. flyExclusive’s in-house repair station, aircraft paint, cabin interior renovation, and avionics installation capabilities, are all provided from its campus headquarters in Kinston, North Carolina. To learn more, visit www.flyexclusive.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: the ability to maintain inclusion in the Russell Indices; inclusion in the 2025 Russell Indices might not provide increased liquidity or volume in the Company’s Class A common stock or provide the Company with greater access to capital; management of growth; the ability of the Company to file timely file its required annual and quarterly reports with the SEC; the ability of the Company to maintain compliance with NYSE American continued listing standards and maintain the listing of the Company’s securities on a national securities exchange; the ability of the Company to comply with covenants under and repay its debt; the potential dilution of stock ownership by our capital raising efforts; the outcome of any legal proceedings; volatility of the price of the Company’s securities due to a variety of factors, including publication of articles about the Company by third parties, changes in the competitive and highly regulated industries in which flyExclusive operates, variations in operating performance across competitors, changes in laws and regulations affecting flyExclusive’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; and the risk of downturns and a changing regulatory landscape in the highly competitive aviation industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of flyExclusive’s Annual Report on Form 10-K for the year ended December 31, 2024 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

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CONTACT: Media: Jillian Wilson, Marketing Specialist

[email protected]

Investor Relations: Sloan Bohlen, Solebury Strategic Communications

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: TRANSPORTATION AIR TRANSPORT TRAVEL

SOURCE: flyExclusive, Inc.

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PUB: 09/24/2025 07:30 AM/DISC: 09/24/2025 07:29 AM

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