Surf Air Mobility Elects Shawn Pelsinger as Chairman of the Board of Directors

Mr. Pelsinger spent a decade at Palantir Technologies as Global Head of Corporate Development & Senior Counsel.

Mr. Pelsinger established the exclusive strategic relationship between Palantir Technologies and Surf Air Mobility.

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air Mobility", the “Company"), a leading air mobility platform and developer of SurfOS™ software operating system powered by Palantir Technologies (“Palantir”), today announced the election of Shawn Pelsinger as Chairman of the Board of Directors (the “Board”), effective July 24, 2026, the date of the Company’s Annual Shareholder Meeting. Mr. Pelsinger’s election as Chairman, on the nomination of Carl Albert, follows Mr. Albert’s decision to retire from the Board at the end of his current three-year term, transition to the role of Chairman Emeritus, and to serve as an advisor to the Company.

Mr. Pelsinger has served on the Company's Board since October 2025. He is currently Chief Legal Officer and Chief Administrative Officer of Acrisure, a global fintech provider. Prior to Acrisure, Mr. Pelsinger served for ten years as an executive at Palantir as Global Head of Corporate Development & Senior Counsel, where he was instrumental in originating the strategic partnership between Palantir and Surf Air Mobility beginning in 2021. At Palantir, Mr. Pelsinger led major partnerships with Airbus, Korea Telecom, Fujitsu, Sompo, HD Hyundai, Credit Suisse, and Starlab Space, among others. He was also central to the creation of Skywise, a data platform for the commercial aviation industry developed through the Palantir-Airbus partnership. Mr. Pelsinger previously served on the Boards of Palantir Technologies Japan, K.K. and Palantir Korea, LLC.

Earlier in his career, Mr. Pelsinger practiced law at Shearman & Sterling LLP (now A&O Shearman). He is an advisor to several early-stage technology companies and has been an adjunct professor at Columbia Law School since 2013.

Carl Albert, Chairman of the Board and Chairman Emeritus, effective on his July 24th retirement from the Board of Surf Air Mobility, said: “Shawn’s decade of extensive enterprise software experience at Palantir, direct involvement in establishing our relationship with Palantir to power SurfOS, and his time on the Company’s Board make him exceptionally well-qualified to lead the Board as Surf Air Mobility continues to develop, deploy, and commercialize SurfOS and executes its platform strategy. I am pleased to continue supporting the Company as Chairman Emeritus."

Shawn Pelsinger, Chairman of the Board elect of Surf Air Mobility, said: "I want to thank Carl for his leadership and continued commitment to Surf Air Mobility. My time at Palantir gave me a direct view into how the right software can transform an industry, and I am focused on ensuring Surf Air Mobility captures this opportunity as the leading platform for the next generation of private aviation and air mobility.”

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software operating system powered by Palantir Technologies, Surf Air Mobility provides SurfOS technology to serve the fragmented Part 135 private aviation and air mobility market through BrokerOS, OperatorOS, and SurfOS Enterprise Solutions, each monetized through distinct revenue models for brokers, operators, and large enterprise clients. The Company operates one of the largest commuter airlines in the United States by scheduled departures and provides private charter services. Together, these businesses provide the operational scale and real-world operating data to validate and deploy its software. These capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.

Forward-Looking Statements

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Surf Air Mobility’s profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company and reflect the Company’s current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air Mobility’s ability to anticipate the future needs of the air mobility market; Surf Air Mobility’s future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air Mobility’s development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air Mobility’s growth; the inability of Surf Air Mobility’s customers to pay for Surf Air Mobility’s services; the inability of Surf Air Mobility to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air Mobility, the risks associated with Surf Air Mobility’s obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov, before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law.