To avoid the compilation etc. hit, common practice is to do some "warmups" before serving users. (Another reply has other ways to avoid this hit.)
Handling exceptions is higher latency, but they can/should be optimized out, so you're not hitting exceptions as part of your standard workflow (or even your 1% workflow).
There's startup "AOT cache" via Leyden that speeds up startup. Isn't native speed up it's quite a big boost.
Then there's GraalVM that does give you a native image. Real AOT.