Fleet Operations Summary

Atlas operates a mixed vehicle fleet serving regulated taxi and contracted mobility demand in Las Vegas. Current fleet utilization is 71%.

Management plan assumes utilization reaches 84% by 2027 through dispatch optimization, EV in-fleeting, and improved airport/hotel channel capture.

Diligence issue: utilization improvement is the largest driver of EBITDA expansion, but the VDR does not yet include cohort-level utilization by vehicle age, route, and customer segment.