This partnership aims to enhance the travel experience for traveling guests, including providing valuable benefits to members of the Riyadh Air loyalty program.

RIYADH, Saudi Arabia – Riyadh Air, the new national carrier of the Kingdom of Saudi Arabia and a subsidiary of the Fund, announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Uber Technologies Limited (NYSE: UBER) to provide an integrated and exceptional travel experience for guests traveling in the Kingdom and around the world. The partnership was signed in front of Riyadh Air’s first aircraft at the Boeing factory in Charleston, USA, with Lucid vehicles present, linking premium global mobility solutions with the next generation of electric vehicles.

This partnership represents the two companies' commitment to providing innovative solutions and exceptional experiences that combine quality service with ease and comfort of travel. It reflects a pivotal step in Riyadh Air's strategy to elevate service standards across all stages of the guest journey. Under this agreement, the two companies will work together on several initiatives, including exclusive benefits for members of the soon-to-be-announced Riyadh Air loyalty program, through seamless integration with Riyadh Air's digital platforms. This will provide guests with a convenient and reliable travel experience from the moment they book to the final destination.

Commenting on the partnership, Osama Al Nowaiser, Senior Vice President of Marketing and Corporate Communications at Riyadh Aviation, said: “This collaboration with Uber is a clear example of how we are redefining the modern travel experience. By integrating reliable and innovative services into our flight ecosystem, we are providing our guests with a seamless and exceptional journey, both in the air and on the ground. Together, we are setting new standards for comfort and excellence in the aviation sector.”

This partnership reflects the shared vision of two global companies that place innovation and guest experience at the core of their business model. By combining Uber's innovative technologies and global presence with the exceptional travel experience onboard Riyadh Airlines flights, it offers a seamless, integrated journey that simplifies the final touchpoint of travel and meets the changing needs of today's travelers.

For his part, Madhu Kannan, Chief Business Officer at Uber, said:   "Our partnership with Riyadh Air is an important step in our mission to make mobility seamless for people everywhere. By combining premium air travel with convenient and easy last-mile transportation services, we're making the travel experience smoother and more convenient for travelers in the Kingdom and around the world."

This partnership with Uber is part of Riyadh Air's plan to become one of the most guest-focused airlines globally, leveraging advanced technology to achieve its goal of connecting the Kingdom to more than 100 international destinations by 2030. This partnership with Uber reinforces its role as a key driver of innovation, excellence, and superior service for its guests traveling globally.

About Riyadh Airlines:

A global airline wholly owned by the Public Investment Fund, Riyadh Air seeks to achieve Saudi Vision 2030 by leading the aviation sector and strengthening the status of the capital, Riyadh, as a global destination and gateway to the Kingdom. Announced in March 2023, the airline embraces the latest digital trends and technologies, with a focus on implementing global sustainability and safety best practices in the aviation industry. With its fleet equipped with carefully designed interior cabins and next-generation inflight entertainment and connectivity systems, it will offer a unique travel experience that blends comfort, luxury, and authenticity, reflecting the Kingdom's values of generosity and warm hospitality. Riyadh Air aims to connect its guests to more than 100 global destinations by 2030, becoming the first choice for those seeking a premium aviation experience.

For more information, please visit our website: www.riyadhair.com

About Uber:

Uber was founded in 2010 with the goal of transforming the transportation technology sector and providing easy and simple transportation services. To date, the company has completed more than 64 billion trips, through its continuous efforts to develop products that help connect customers to their intended destinations. The Uber platform has reshaped the transportation sector, facilitating the movement of people, food, and goods within cities. For more information, please visit:   Uber.com

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