Sky Works, a Manufacturing Subsidiary, Appoints Mr. Imamura, who Possesses Manufacturing Expertise Cultivated at Suzuki Motor Corporation, as its New Representative Director

SkyDrive Inc. (Headquarters: Toyota City, Aichi Prefecture; CEO: Tomohiro Fukuzawa; hereinafter "SkyDrive"), which develops, manufactures, and sells "flying cars" (*1), announced that Motohisa Imamura, who has cultivated manufacturing expertise at Suzuki Motor Corporation (hereinafter "Suzuki") through his involvement in the production of prototypes and prototype vehicles for four-wheelers, two-wheelers, and outboard motors in the prototype division, has been appointed as the Representative Director and President of its manufacturing subsidiary, Sky Works Inc. (Headquarters: Iwata City, Shizuoka Prefecture; hereinafter "Sky Works"), effective April 1, 2026.

Background of Appointment To stably manufacture safe and high-quality flying car aircraft globally, SkyDrive concluded a business and technology collaboration agreement with Suzuki in March 2022. In June 2023, Sky Works, a subsidiary for manufacturing flying cars, was established, and manufacturing commenced in March 2024, utilizing a Suzuki Group factory in Iwata City, Shizuoka Prefecture. Furthermore, collaboration has been strengthened for domestic and international expansion, including investment, support for business development in India, and the appointment of Mr. Naoki Ishii, Suzuki's Representative Director and Vice President, as an outside director (*2).

Until now, Sky Works has been advancing the manufacturing of prototype flying cars, primarily led by Mr. Imamura, who was invited from Suzuki as an assistant to the president. This appointment of Mr. Imamura, who has consistently been involved in manufacturing, as Representative Director and President is aimed at building a mass production system for commercialization in 2028. This will allow Suzuki's world-class advanced manufacturing know-how and organizational management expertise, cultivated over many years, to be more directly reflected in the manufacturing of flying car aircraft, accelerating the optimization of manufacturing sites and the creation of a next-generation organization.

Nobuo Kishi, the former Representative Director and President of Sky Works, has been appointed as a Director and will focus on certification and safety strategies for obtaining Type Certification (TC) for the entire group, as well as leading global expansion, thereby driving business growth as a key figure in aircraft development.

Comment on Appointment Motohisa Imamura, New Representative Director and President, Sky Works Inc. "Effective April 1, 2026, I have been appointed as the Representative Director and President of Sky Works Inc. Inheriting the vision of former President Kishi, we are now shifting from the development phase of 'SKYDRIVE (SkyDrive SD-05 model)' to a new stage of manufacturing and social implementation of mass-produced aircraft. We face extremely high hurdles, such as obtaining certified business premises and Type Certification (TC), but we are determined to overcome these challenges and deliver Japan's 'flying car' to society. As 'One Team,' all employees will work together to lead the revolution in air mobility and realize a future where the sky is an everyday part of life."

<Biography> 1989: Joined Suzuki Motor Corporation Consistently belonged to the prototype and manufacturing divisions, engaged in the production of four-wheelers, two-wheelers, and outboard motors. Starting his career on the front lines of manufacturing, he led fundamental reforms of processes and dramatic improvements in development speed as the head of the prototype division. He dedicated himself to creating a robust link between design and production and to nurturing talent for the next generation. Subsequently, he served as Deputy General Manager of the Kosai Plant, a key four-wheeler production base. In particular, he strongly led the establishment of a mass production system for the outboard motor business. Integrating deep on-site knowledge with global manufacturing management, he played a central role in Suzuki's prototyping, supporting next-generation mobility development.

2023: Dispatched to Sky Works Inc. as Assistant to the President As Assistant to the President, he directed the production of the prototype (SD-05-00) of the flying car "SD-05."

2024: Concurrently appointed as General Manager of Production at SkyDrive Inc. As the head of the manufacturing division, he oversaw the establishment of a mass production system, leveraging his knowledge and experience cultivated over many years in automobile manufacturing.

2026: Appointed Representative Director and President of Sky Works Inc. (current position)

*1 What is a flying car: It is a next-generation air mobility solution that is easy to use and sustainable, realized through aviation technologies such as electrification and automation, and operational forms such as vertical takeoff and landing. In other countries, it is referred to as Advanced Air Mobility (AAM) or Urban Air Mobility (UAM). Source: Ministry of Land, Infrastructure, Transport and Tourism (as of April 2024) https://www.mlit.go.jp/koku/content/001739488.pdf

*2 Related Press Releases: Agreement on Business and Technology Collaboration for "Flying Cars" https://skydrive.co.jp/archives/13733 Commencement of "Flying Car" Manufacturing at a Factory in Iwata City, Shizuoka Prefecture https://skydrive.co.jp/archives/42312 Appointment of Mr. Naoki Ishii, Representative Director and Vice President of Suzuki, as Outside Director https://skydrive.co.jp/archives/66595

≪SkyDrive Inc. Overview≫ Established: July 2018 Representative: Tomohiro Fukuzawa, Representative Director CEO Representative URL: https://skydrive.co.jp/ Locations: Toyota Headquarters: 2-1-1 Koromo-cho, Toyota City, Aichi Prefecture Toyota Development Center: 20-2 Yamanota, Nishinakamayama-cho, Toyota City, Aichi Prefecture Toyota Test Field: Asuke Area, Toyota City, Aichi Prefecture Nagoya Airport Office: 2F Aichi Prefectural Nagoya Airport, Oaza Toyoba, Toyoyama-cho, Nishikasugai-gun, Aichi Prefecture Tokyo Office: 3F Hirakawacho Front Building, 1-3-13 Hirakawacho, Chiyoda-ku, Tokyo Osaka Office: 8F Osaka Ekimae Daiichi Building, 1-3-1-800 Umeda, Kita-ku, Osaka City, Osaka Prefecture Yamaguchi Test Field: Ajisu, Yamaguchi City, Yamaguchi Prefecture Subsidiaries: Sky Works Inc.: Iwata City, Shizuoka Prefecture SkyDrive America, Inc.: Beaufort, South Carolina 29902, U.S.A. AlterSky Inc.: Toyota City, Aichi Prefecture Business Activities: With the mission of "leading the once-in-a-century mobility revolution" and aiming to realize a future where "the sky is utilized for daily mobility," the company was established in July 2018. Headquartered in Toyota City, Aichi Prefecture, it develops "flying cars" and has commenced manufacturing at a Suzuki Group factory in Iwata City, Shizuoka Prefecture. As a member of the public-private council, it is involved in institutional design, successfully conducted Japan's first public manned flight test in 2020, and performed a demonstration flight at Expo 2025 Osaka, Kansai. The company continues to strive for aircraft development with the goal of starting service in 2028.