Lilium N.V. announced that it has entered into a Standby Equity Purchase Agreement with new investor, YA II PN, Ltd. managed by Yorkville Advisors Global LP that it will issue class A ordinary shares, nominal value ?0.01 per share to the investor for the gross proceeds of $150,000,000 on May 3, 2024. Such Ordinary Shares comprising the Commitment Amount together with Ordinary Shares issued to Yorkville in satisfaction of an upfront commitment fee until the earlier of May 3, 2027 or the date on which the facility has been fully utilized or otherwise terminated in accordance with its terms. Pursuant to the SEPA, the Company also agreed to pay Yorkville a commitment fee of 1,000,000 Ordinary Shares and has paid to Yorkville a structuring fee in the amount of $25,000. The offer and sale of the SEPA Shares to be issued pursuant to the SEPA are exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof.