Press Release

Issued by Jaunt Air Mobility LLC.

March 7, 2022

Jaunt Air Mobility today announced that Yves Comeau is joining the team as vice president of finance, where he will manage the company's finances and develop its finance team.

Yves is a senior finance leader leveraging extensive and diversified experience in the aerospace and manufacturing industry, with proven success leading finance, transformation, M&A negotiations and strategy. During his 31 years in finance in different senior leadership roles at Bombardier Aerospace, he demonstrated his ability to improve operations, maximise profits and positively contribute to the business's growth. In addition, Yves was involved in many Bombardier Aerospace development programmes such as setting up new manufacturing and assembly plants in different countries, implementing lean in factories and offices, and many production site rationalisation plans.

Jaunt Air Mobility Canada is preparing to design and manufacture the Jaunt Journey eVTOL (all-electric Vertical Takeoff and Landing) aircraft and positioning itself as the leading air taxi company based out of Montreal. "Growing a transformative aerospace company in an emerging market requires a deep understanding of business, finance and manufacturing. Yves comes to Jaunt with knowledge of the Canadian aerospace culture and the aerospace industry," says Eric Côté, president Jaunt Air Mobility Canada.

"We are pleased to welcome Yves to the Jaunt team. We look forward to working closely with our team members and partners to build the best in the next generation of aircraft. The Jaunt Journey eVTOL air taxi is designed to meet the growing demands for faster travel times over urban and regional areas," stated Martin Peryea, CEO/CTO Jaunt Air Mobility.