Exhibit 99.1 Mobile Infrastructure Reports First Quarter 2024 Financial Results —Parking Asset Portfolio Performance Substantially Ahead of Year-Ago Levels— —Ongoing Conversion to Management Contracts Yielding Cost Savings— —Re-affirm Full Year 2024 Guidance for Accelerated Growth in Parking Asset Portfolio Performance— —Conference Call Will be Held Today at 4:30 PM ET— CINCINNATI—(BUSINESSWIRE)—Mobile Infrastructure Corporation (NYSE American: BEEP), (“Mobile”, “Mobile Infrastructure” or the “Company”), ow ...