Vertical Aerospace : welcomes CAA signing up to SC-VTOL

Vertical Aerospace welcomes CAA signing up to SC-VTOL

London,´ UK & New York, USA - 17 June 2022

Vertical Aerospace Ltd. (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, welcomes the UK Civil Aviation Authority's (CAA) announcement confirming use of Special Conditions (SC)-VTOL as the basis for the UK certification for new electric vertical take-off and landing (eVTOL) aircraft, also used by the European Union Aviation Safety Agency (EASA).

This significant announcement supports Vertical's concurrent CAA and EASA certification of its pioneering VX4 eVTOL aircraft, announced in April 2022.

Vertical welcomes the CAA's commitment through the safety levels established under (SC)-VTOL to providing stringent levels of protection for UK consumers.

Vertical also believes the CAA's decision to adopt (SC)-VTOL as the UK's certification basis will support global market access and enable swift validation of Vertical's VX4 aircraft worldwide.

Vertical continues to engage with regulatory authorities globally in key markets for the VX4 and supports the CAA's objectives of harmonising safety standards across nations and continents to maintain the highest levels of safety, as well as reducing industry costs and avoiding duplication of effort.

Vertical expects to reach several critical certification milestones in the coming months, as the VX4's test flight programme begins in Summer 2022.

Stephen Fitzpatrick, Founder and CEO of Vertical, said: "We cannot decarbonise flight and transform urban mobility without winning public trust in the new technology of eVTOLs. Vertical Aerospace has already been striving to meet the highest possible safety standards for our aircraft, and we warmly welcome this decision. We look forward to continuing our work with the CAA to make eVTOLs safe for all consumers and bring the VX4 to the skies."

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Michael Cervenka, President of Vertical said "The UK confirming these high standards of safety for new electric aircraft is a pivotal and positive step towards building a world leading zero emissions aircraft manufacturer in Britain. It is vital that passengers and the public have the same trust in eVTOLs as in today's passenger planes, as we try to make flying faster, smarter, and greener".

Notes to Editors

• SC-VTOLhas now been adopted as the UK certification basis for the VX4 aircraft.
• Subject to progressing on its certification timeline, the VX4's type certification is expected to be granted initially by the CAA, validated concurrently by EASA and then validated by other regulators worldwide.
• CAA is the certifying authority for Vertical Aerospace, which is actively engaging in standards and validation co-operation with other regulators worldwide including EASA and the FAA. Grupo Comporte, a leading Brazilian transport operator;
• Vertical intends to deploy the VX4 globally through well-established foreign validation processes in our target markets, including the USA, Japan and Brazil.

About Vertical Aerospace

Vertical Aerospace is pioneering electric aviation. The company was founded in 2016 by Stephen Fitzpatrick, an established entrepreneur best known as the founder of the OVO Group, a leading energy and technology group and Europe's largest independent energy retailer. Over the past five years, Vertical has focused on building the most experienced and senior team in the eVTOL industry, who have over 1,700 combined years of engineering experience, and have certified and supported over 30 different civil and military aircraft and propulsion systems.

Vertical's top-tier partner ecosystem is expected to de-risk operational execution and its pathway to certification allows for a lean cost structure and enables production at scale. Vertical has a market-leadingpre-order book (by value) for a total of up to 1,350 aircraft from American Airlines, Avolon, Bristow and Iberojet, which includes conditional pre-order options from Virgin Atlantic and Marubeni, and in doing so, is creating multiple potential near term and actionable routes to market.

Vertical's ordinary shares listed on the NYSE in December 2021 under the ticker "EVTL". Find out more: www.vertical-aerospace.com.

About the VX4 eVTOL Aircraft

The piloted zero operating emissions four-passenger VX4, is projected to be capable of travelling distances over 100 miles, achieving top speeds of over 200mph, while producing minimal noise and has a low cost per passenger mile. The VX4 is expected to open up advanced air mobility to a whole new range of passengers and transform how we travel. Find out more: www.vertical-aerospace.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the certification and the commercialization of the VX4, the differential strategy compared to its peer group, and the transition towards a net-zero emissions economy, as well as statements that include the words "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate," "will," "aim," "potential," "continue," "are likely to" and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown

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risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, Vertical's limited operating history without manufactured non-prototype aircraft or completed eVTOL aircraft customer order; Vertical's history of losses and the expectation to incur significant expenses and continuing losses for the foreseeable future; the market for eVTOL aircraft being in a relatively early stage; the potential inability of Vertical to produce or launch aircraft in the volumes and on timelines projected; the potential inability of Vertical to obtain the necessary certifications on the timelines projected; the potential that certain of Vertical's strategic partnerships may not materialize into long-term partnership arrangements; the impact of COVID-19 on Vertical's business; as a foreign private issuer and intend to follow certain home country corporate governance rules, Vertical not be subject to U.S. proxy rules and will be subject to Exchange Act reporting obligations that, to some extent, are more lenient and less frequent than those of a U.S. domestic public company; and the other important factors discussed under the caption "Risk Factors" in Vertical's prospectus pursuant to Rule 424(b) filed with the U.S. Securities and Exchange Commission ("SEC") on December 1, 2021, as such factors may be updated from time to time in Vertical's other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Vertical disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable

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