Jet.AI Stockholder Votes Exceed Majority Threshold for flyExclusive Transaction

Jet.AI Inc. Holders of Record as of July 6 th Eligible for Merger Consideration Pending Final Vote July 2 nd 4pm EDT LAS VEGAS, NV, July 01, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today reported that it has been advised that the majority of shares entitled to vote in the Special Meeting of Stockholders have voted in favor of its proposed transaction with flyExclusive, Inc. (NYSE: FLYX), exceeding the amount required for approval. The vote is not yet final: the Special Meeting of Stockholders reconvenes on July 2, 2026 at 4:00 p.m. Eastern time, when polls close and the result will be certified. Stockholders may change or revoke a previously submitted proxy at any time before then. Subject to final stockholder approval and other customary closing conditions, the transaction is expected to close on or about July 7, 2026. Upon closing, stockholders of record as of the close of business on July 6, 2026 will receive the merger consideration described in the Company’s definitive proxy statement/prospectus. Special Meeting of Stockholders Date: Thursday, July 2, 2026 Time: 4:00 p.m. Eastern time Virtual Link: https://www.cstproxy.com/jetai/sm2026 Once stockholders obtain their unique control number from the proxy card or the broker/financial institution where their Jet.AI shares are held, stockholders may submit their vote using any of the following methods: Vote Online: Go to the secure website listed on your proxy card or voting instruction form ( http://www.proxyvote.com ) and enter your unique control number. Vote by Phone: Use the toll-free number provided to you in your original proxy mailing. Vote by Mail: Simply sign, date, and mail back your proxy car.