John S. Slattery Receives 588,516 Restricted Shares in Azul SA

This Form 4 filing reports that John S. Slattery, a Member of the Strategic Committee of Azul SA (ticker: AZUL), received a grant of 588,516 restricted common shares on June 15, 2026. The shares were granted at zero cost under the company's Restricted Shares Granting Plan. The restricted shares vest in three equal annual installments on May 5, 2027, May 5, 2028, and May 5, 2029, contingent on Slattery's continued service through each vesting date. The filing includes a provision that if Azul SA doesn't hold sufficient treasury shares for settlement on vesting dates, Slattery will be required to subscribe for the shares at a nominal price of R$1.00 (one Brazilian real) for all restricted shares subject to vesting. Following this transaction, Slattery holds 588,516 common shares directly.