LOS ANGELES, April 22 — Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, or the “Company”), a leading air mobility platform, has reported that participating officers and directors, including one of the Company’s Co-Founders, Chairman of the Board, CEO, and CFO, have reported purchases of SRFM common stock in Form 4 filings with the Securities and Exchange Commission.

Together with a Co-Founder’s lead investment, the Company’s insiders purchased a total of $5.3 million of the Company’s broader $30 million capital raise, which was announced on April 20, 2026 and included $15 million of non-dilutive, aircraft-backed credit, and $15 million of common equity.

The capital commitments from Surf Air Mobility’s Co-Founders, officers, and directors reflect confidence in the Company’s platform momentum, SurfOS technology, and approximate 40% improvement in Adjusted EBITDA guidance. The Company released additional details on its 2026 plan in a recent letter to Surf Air Mobility shareholders here.

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