On October 25, 2023, André Duarte Stein, Chief Strategy Officer of Eve Holding, Inc. informed the Company of his intent to resign from the Company. Mr. Stein?s last day at the Company will be November 1, 2023. Mr. Stein?s resignation is not the result of any disagreement with the Company with respect to any matter relating to the Company?s operations, policies, or practices.

On October 30, 2023, the Board of Directors of the Company appointed Gerard J. DeMuro as a Class III director of the Board, effective November 1, 2023. Mr. DeMuro was selected as a designee of Zanite Sponsor LLC pursuant to the Stockholders Agreement, dated as of May 9, 2022, by and among the Company, Embraer Aircraft Holding, Inc. and Zanite to fill the vacancy on the Board created by the previously disclosed resignation of Kenneth C. Ricci. The Board has determined that Mr. DeMuro does not qualify as an independent director in accordance with the requirements of the New York Stock Exchange.

Mr. DeMuro, however, will participate in the Company?s standard compensation program for non-employee directors, as described in the Company?s 2023 proxy statement filed with the Securities and Exchange Commission on April 10, 2023, provided that (i) Mr. DeMuro will not receive any payments related to his Board service for calendar year 2023 and (ii) his first Board equity grant will occur during the next annual grant cycle.