Grant of Restricted Shares to Chief Commercial Officer

Marino Bicudo Daniel, Chief Commercial Officer of AZUL SA, was granted 196,172 restricted shares on June 15, 2026. The shares vest in three equal annual installments on May 5, 2027, May 5, 2028, and May 5, 2029, contingent on continued service. The grant is part of the Issuer's Restricted Shares Granting Plan. If AZUL SA lacks sufficient treasury shares for settlement, Mr. Daniel will be required to subscribe for the shares at a nominal price of R$1.00 per share. The reported value of the transaction is $0.00, with a post-transaction share ownership of 196,172 shares.