VERTICAL AEROSPACE LTD

Ticker: EVTL CUSIP: G9471C206 Class: SHS NEW

Mudrick Capital Management, L.P.'s Holding History (CIK: 0001655183)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 54,659,585 Value ($000) $291,336 Avg Close $5.07 Range $3.71 - $7.33

Q3 2025

Shares 54,009,585 Value ($000) $280,310 Avg Close $5.56 Range $4.36 - $7.60

Q2 2025

Shares 51,509,585 Value ($000) $348,720 Avg Close $4.69 Range $2.76 - $6.94

Q1 2025

Shares 51,509,585 Value ($000) $173,072 Avg Close $5.61 Range $3.16 - $12.70

Q4 2024

Shares 47,343,585 Value ($000) $595,582 Avg Close $6.82 Range $3.55 - $15.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	54,659,585	$291,336	$5.07	$3.71 - $7.33
Q3 2025	54,009,585	$280,310	$5.56	$4.36 - $7.60
Q2 2025	51,509,585	$348,720	$4.69	$2.76 - $6.94
Q1 2025	51,509,585	$173,072	$5.61	$3.16 - $12.70
Q4 2024	47,343,585	$595,582	$6.82	$3.55 - $15.99