Azul S A : Notice to Shareholders - Distance Voting Ballots

Notice to Shareholders

April | 2024

AZUL S.A.

Publicly-held Company

CNPJ/MF n. 09.305.994/0001-29

NIRE 35.300.361.130

NOTICE TO SHAREHOLDERS

ON THE AVAILABILITY OF DISTANCE VOTING BALLOTS FOR SHAREHOLDERS HOLDING PREFERRED SHARES ISSUED BY AZUL S.A., FOR THE ORDINARY AND EXTRAORDINARY GENERAL MEETINGS TO BE HELD ON MAY 15, 2024

In compliance with Article 26, of CVM Resolution n. 81, dated as of March 29, 2022, as amended, Azul S.A. ("Company"), makes available, in the form of "Annex I", Distance Voting Ballots ("DVB") to all Shareholders holding preferred shares issued by the Company, for the exercise of voting rights at the Company's Ordinary and Extraordinary General Meetings, respectively, to be jointly held on May 15, 2024, at 11:00 a.m., in view of the prerogatives provided especially in the Company's Bylaws and in Brazilian Corporate Law n. 6,404, dated as of December 15, 1976, as amended.

Barueri/SP, April 15, 2024

AZUL S.A.

Alexandre Wagner Malfitani

Chief Financial Officer and Investor Relations Officer

Notice to Shareholders

April | 2024

DISTANCE VOTING BALLOT

Annual General Meeting (AGM) - AZUL S.A.to be held on 05/15/2024

Shareholder's Name

Shareholder's CNPJ or CPF:

E-mail:

Instructions on how to cast your vote

Azul S.A. ("Company") makes available to its shareholders, pursuant to CVM Resolution No. 81, dated March 29, 2022 ("RCVM 81"), the following Distance Voting Ballot ("Ballot"), which must be filled out if the shareholders choose to exercise their distance voting right concerning the resolutions submitted to the Annual General Meeting to be held on May 15, 2024, at 11:00 AM ("AGM").

All Ballot´s fields must be correctly filled out with the shareholder's full name (or corporate name, in the case of a legal entity), its correspondent Individual Taxpayers Register (CPF) or Corporate Tax Payers Register (CNPJ), as well as an e-mail address for contact if necessary.

In addition, for this Ballot to be considered valid and the votes cast to be included in the quorum of the Extraordinary General Meeting ("AGM"), it is indispensable that the following instructions are followed:

1. all fields of this Ballot must be properly filled out;
2. all pages of this Ballot must be initialed by the shareholder (or the shareholder´s legal representative, as the case may be); and
3. the last page of this Ballot shall be signed by the shareholder (or the shareholder's legal representative, as the case may be) and the signatures appended to the Ballot shall be notarized by a Notary Public (as an alternative to notarization, the Ballot can be digitally signed using a digital certificate issued by certification authorities linked to ICP-Brasil).

If the following Ballot is deemed valid by the Company, the shareholder holding listed shares that chooses to exercise its distance voting right by means of this Ballot will be

Notice to Shareholders

April | 2024

deemed to have attended the AGM for all the purposes of Law No. 6,404, dated December 15, 1976.

Instructions for sending your Ballot, indicating the delivery process by sending it directly to the Company or through a qualified service provider

The shareholder holding listed shares that chooses to exercise its distance voting right may:

1. fill out this Ballot according to the instructions herein and submit it directly to the Company;
2. if it holds shares issued by the Company deposited in the central depositary, the shareholder shall transmit the voting instructions to its respective custody agents, which will forward such voting instructions to the B3 Central Depository, pursuant to the procedures established and the documents required by the respective custody agents; or
3. if it holds shares issued by the Company deposited on the Company's bookkeeping agent (Itaú), the shareholder shall transmit the voting instructions to Itaú, pursuant to the procedures established and the documents required by Itaú.

Pursuant to article 27 of RCVM 81, the deadline for submitting the Ballot directly to the Company or through service providers qualified to collect and transmit Ballot's completion instructions, as mentioned above, is until May 8, 2024, inclusive. Ballots received after such date will not be deemed valid for the vote counting.

The shareholder holding listed shares who chooses to exercise its distance voting rights by submitting the Ballot directly to the Company, shall submit, to the attention of the Investor Relations Department, via email at invest@voeazul.com.bra digitally scanned copy of the Ballot properly filled out, with all pages initialed and the last page signed with notarization by a Public Notary (as an alternative to notarization, the Ballot can be digitally signed using a digital certificate issued by certification authorities linked to ICP-Brasil), as well as a certified copy of the documents listed below:

1. for individuals: original identity document, with photo, or identity document of its representative, if applicable;
2. for legal entities: certified copy of the latest consolidated bylaws or articles of

Notice to Shareholders

April | 2024

association and corporate documents appointing a legal representative (director's election corporate action and power of attorney, if applicable), as well as the original identity document, with photo, of the legal representatives; and

1. for investment fund: certified copy of the latest consolidated bylaws of the fund and of the bylaws or articles of association of its administrator or manager, along with the corporate documents appointing a legal representative (director's election corporate action and power of attorney, if applicable), as well as the original identity document, with photo, of the legal representative.

Postal and e-mail address to send the distance voting ballot, if the shareholder chooses to deliver the document directly to the company / Instructions for meetings that allow electronic system's participation, when that is the case.

AZUL S.A.

Attention to: Investor Relations Management (Gerência de Relações com Investidores)

Mailing address: Avenida Marcos Penteado de Ulhôa Rodrigues, No. 939, 8th floor, Edifício Jatobá, Condomínio Castelo Branco Office Park, Tamboré, ZIP Code 06460-040, in the municipality of Barueri, State of São Paulo, Brazil.

E-mailaddress:invest@voeazul.com.br

Indication of the institution hired by the company to provide the registrar service of securities, with name, physical and electronic address, contact person and phone number

ITAÚ CORRETORA DE VALORES S.A.

Avenida Brigadeiro Faria Lima, No. 3,500, 3rd floor, Postal code 04538-132, Itaim Bibi, São Paulo/SP, Brazil.

Shareholders service desk phone number:

3003-9285 (Metropolitan areas and capital cities)

0800 7209285 (other localities)

Office hours are from 9 am to 18 pm, Brasília Standard Time (BST). E-mail:atendimentoescrituracao@itau-unibanco.com.br

Resolutions concerning the Annual General Meeting (AGM)

[Eligible tickers in this resolution: AZUL4]

1. To resolve on the aggregate compensation of the managers for the year 2024, in

Notice to Shareholders

April | 2024

accordance with the Management Proposal.

[ ] Approve [ ] Reject [ ] Abstain

[Eligible tickers in this resolution: AZUL4]

2. Do you wish to request the establishment of a fiscal council, under the terms of article 161 of Law 6,404, of 1976? (If the shareholder chooses "no" or "abstain", his/her shares will not be computed for the request of the establishment of the fiscal council).

[ ] Approve [ ] Reject [ ] Abstain

City:

Date:

Signature:

Shareholder´s

name:

Phone number: