Form 4 Filing for AZUL SA - Insider Transaction

This filing reports a transaction by David Neeleman, a director at AZUL SA, involving 1,294,735 common shares granted under the Issuer's Restricted Shares Granting Plan. The shares vest in three equal annual installments on May 5, 2027, May 5, 2028, and May 5, 2029, contingent upon continued service. The reported transaction date is June 15, 2026, with a nominal price of R$1.00 per share if treasury shares are insufficient for settlement. This transaction is reported as an indirect ownership by Saleb II Founder 1 LLC, which is wholly owned and controlled by David Neeleman. Following this transaction, Mr. Neeleman has 3,764,246 shares following the transaction. The filing was signed by John Peter Rodgerson as Attorney-in-Fact on June 17, 2026.