Jon Zinman Awarded 980,860 AZUL SA Shares

Jon Zinman, a Member of the Strategy Committee at AZUL SA, was granted 980,860 rights to acquire common shares under the Issuer's Restricted Shares Granting Plan on June 15, 2026. These shares vest over four years, with 40% vesting immediately and the remaining 60% vesting in installments on May 5, 2027, May 5, 2028, and May 5, 2029, contingent upon continued service. If AZUL SA lacks sufficient treasury shares for settlement on vesting dates, Zinman will be required to subscribe to the shares for a nominal price of R$1.00 per share. This transaction is classified as direct ownership, with a post-transaction share count of 980,860.