Joby Aviation has signed a Memorandum of Understanding (MoU) with Mukamalah, a wholly owned subsidiary of Saudi Aramco, to introduce Joby’s aircraft to the Kingdom of Saudi Arabia. The MoU contemplates the parties working together to engage with key aviation stakeholders, including The Saudi General Authority of Civil Aviation (GACA), to expedite Joby’s entry into the Saudi Arabia market, leading to the direct purchase of Joby aircraft to be used in Mukamalah’s operations. Mukamalah operates 55 aircraft from different fleets, serving 13 airports throughout Saudi Arabia, nine of which are fully managed and operated by Mukamalah, along with more than

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