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SCHEDULE 13D/A 0001104659-21-151147 0001890375 XXXXXXXX LIVE 1 Common Stock, par value $0.0001 per share 08/14/2025 false 0001819848 G65163100 Joby Aviation, Inc. 333 Encinal Street Santa Cruz CA 95060 Alexandra Acosta (646) 380-0390 Capricorn Investment Group, LLC 512 West 22nd Street, 6th Floor New York NY 10011 0001890375 N TIF Partners, LLC AF N DE 0.00 21514683.00 0.00 21514683.00 21514683.00 N 2.5 OO 0001714927 N Technology Impact Fund, LP WC N DE 0.00 21514683.00 0.00 21514683.00 21514683.00 N 2.5 PN 0001890031 N Capricorn-Libra Partners, LLC AF N DE 0.00 7269268.00 0.00 7269268.00 7269268.00 N 0.8 OO 0001890033 N Capricorn-Libra Investment Group, LP WC N DE 0.00 7199163.00 0.00 7199163.00 7199163.00 N 0.8 PN 0001890448 N TIGF Partners, LLC AF N DE 0.00 1556592.00 0.00 1556592.00 1556592.00 N 0.2 OO 0001758692 N Technology Impact Growth Fund, LP WC N DE 0.00 1556592.00 0.00 1556592.00 1556592.00 N 0.2 PN 0001834268 N Dipender Saluja AF N X1 190932.00 28783951.00 190932.00 28783951.00 28974883.00 N 3.4 IN 0001607971 N Ion Yadigaroglu AF N X1 47557.00 23071275.00 47557.00 23071275.00 23118832.00 N 2.7 IN Common Stock, par value $0.0001 per share Joby Aviation, Inc. 333 Encinal Street Santa Cruz CA 95060 This Amendment No. 1 (this "Amendment No. 1" or this "Schedule 13D/A") amends and supplements the statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") on December 17, 2021 (the "Statement") by the Reporting Persons. Unless otherwise defined herein, capitalized terms used in this Amendment No. 1 shall have the meanings ascribed to them in the Statement. Unless amended or supplemented below, the information in the Statement remains unchanged. Rows 11 and 13 of each Reporting Person's cover page to this Schedule 13D/A set forth the aggregate number of shares of common stock and percentages of the shares of common stock beneficially owned by such Reporting Person and are incorporated by reference. The percentage set forth in each row 13 is based upon 855,981,489 shares of common stock outstanding as of August 4, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on August 7, 2025. The Reporting Persons' ownership of the Issuer's securities consists of (i) 7,199,163 shares held directly by Capricorn-Libra; (ii) 70,105 shares held directly by C-L Partners; (iii) 21,514,683 shares held directly by TIF LP; (iv) 1,556,592 shares held directly by TIGF LP; (v) 190,932 shares held by Saluja; and (vi) 47,557 shares held by Yadigaroglu. C-L Partners is the general partner of Capricorn-Libra and may be deemed to share voting and dispositive power over the shares held by Capricorn-Libra. Saluja is the sole manager of C-L Partners and may be deemed to share voting and dispositive power over the shares held by each of Capricorn-Libra and C-L Partners. TIF LLC is the general partner of TIF LP and may be deemed to share voting and dispositive power over the shares held by TIF LP. Saluja and Yadigaroglu are managers of TIF LLC and may be deemed to share voting and dispositive power over the shares held by TIF LP. TIGF LLC is the general partner of TIGF LP and may be deemed to share voting and dispositive power over the shares held by TIGF LP. Yadigaroglu is a manager of TIGF LLC and may be deemed to share voting and dispositive power over the shares held by TIGF LP. Rows 7 through 10 of each Reporting Person's cover page to this Schedule 13D/A set forth the number of shares of common stock as to which such Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition and are incorporated by reference. Except as set forth below, none of the Reporting Persons has effected any transactions with respect to the securities of the Issuer during the past sixty days. On August 14, 2025, Capricorn-Libra made a pro rata in-kind distribution for no additional consideration of 2,399,721 shares of common stock to its general partner, C-L Partners, and its limited partners. Of the shares distributed by Capricorn-Libra, C-L Partners received 70,105 shares. On August 14, 2025, TIF LP made a pro rata in-kind distribution for no additional consideration of 7,171,564 shares of common stock to its general partner, TIF LLC, and its limited partners. Of the shares distributed by TIF LP, TIF LLC received 99,968 shares. On August 14, 2025, TIGF LP made a pro rata in-kind distribution for no additional consideration of 518,868 shares of common stock to its general partner, TIGF LLC, and its limited partners. Of the shares distributed by TIGF LP, TIGF LLC received 10,924 shares. On August 14, 2025, TIF LLC made a pro rata in-kind distribution for no additional consideration of 99,968 shares of common stock to its members. Of the shares distributed by TIF LLC, Saluja and Yadigaroglu received 44,008 and 44,007 shares respectively. On August 14, 2025, TIGF LLC made a pro rata in-kind distribution for no additional consideration of 10,924 shares of common stock to its members. Of the shares distributed by TIGF LLC, Saluja and Yadigaroglu received 3,550 and 3,550 shares respectively. No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the securities beneficially owned by any of the Reporting Persons. The Reporting Persons ceased to be the beneficial owners of more than five percent of the common stock on August 14, 2025. Exhibit 99.1 Joint Filing Agreement (incorporated by reference to Exhibit C to the Reporting Persons' Schedule 13D filed with the SEC on December 17, 2021). TIF Partners, LLC /s/ Dipender Saluja By Dipender Saluja, Manager 08/18/2025 Technology Impact Fund, LP /s/ Dipender Saluja By TIF Partners, LLC, its General Partner, By Dipender Saluja, Manager 08/18/2025 Capricorn-Libra Partners, LLC /s/ Dipender Saluja By Dipender Saluja, Manager 08/18/2025 Capricorn-Libra Investment Group, LP /s/ Dipender Saluja By Capricorn-Libra Partners, LLC, its General Partner, By Dipender Saluja, Manager 08/18/2025 TIGF Partners, LLC /s/ Ion Yadigaroglu By Ion Yadigaroglu, Manager 08/18/2025 Technology Impact Growth Fund, LP /s/ Ion Yadigaroglu By TIGF Partners, LLC, its General Partner, By Ion Yadigaroglu, Manager 08/18/2025 Dipender Saluja /s/ Dipender Saluja Dipender Saluja 08/18/2025 Ion Yadigaroglu /s/ Ion Yadigaroglu Ion Yadigaroglu 08/18/2025