2024 Q4 Earnings Webcast March 27th, 2025 DI SCLAI M ER This Presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "goal," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or tha ...

Financial Performance & Construction - Sky Harbour Group Corp is experiencing accelerating construction and increasing revenues[9] - Cost of construction and constructed assets are increasing over time, as shown in the provided chart[10, 25] - Quarterly revenues are also increasing over time, as shown in the provided chart[12, 27] - Sky Harbour Capital - PABS Obligated Group anticipates a step up in 2025 with three new campus openings[24] Expenses & Cash Flow - Operating expenses are increasing over time, as shown in the provided chart[18, 32] - Net cash flow used in operating activities is also increasing over time, as shown in the provided chart[16] - U.S Treasuries and cash are approximately $97.5 million, comprised of $83.65 million in cash and $13.813 million in treasuries[48] Strategic Initiatives & Development - Sky Harbour is accelerating its site acquisition pace to drive long-term value[33] - A new ground lease was signed in Hillsboro (HIO) in Portland, OR, with a potential stabilized revenue of $7.0 million[39, 43] - Sky Harbour is scaling up construction through vertical integration to improve speed, cost, scale, build quality, versatility, and unit economics[44, 45] - Sky Harbour is gearing up for order-of-magnitude scale-up in site acquisition, development, leasing, and operations[55, 57, 58]