Global Crossing Airlines Group Provides Annual Meeting Outcomes
MIAMI - Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) is pleased to announce the results of its most recent annual meeting, which highlighted significant decisions made by stockholders. In an encouraging show of support, stockholders have elected six directors to the board, reapproved several key incentive plans, and ratified the appointment of the public accounting firm.
Election of Directors
During the annual meeting, stockholders voted decisively in favor of the six director nominees. The details of the voting outcomes were impressive, reflecting strong endorsement from shareholders.
Voting Outcomes for Directors
Here are the results for each of the director nominees:
1. **Andrew Axelrod**: 17,600,169 votes for (95.86%) and 759,496 votes withheld (4.14%).
2. **Alan Bird**: 17,389,072 votes for (94.71%) and 970,593 votes withheld (5.29%).
3. **T. Allan McArtor**: 17,374,319 votes for (94.63%) and 985,346 votes withheld (5.37%).
4. **Chris Jamroz**: 17,335,136 votes for (94.42%) and 1,024,529 votes withheld (5.58%).
5. **Deborah Robinson**: 17,381,104 votes for (94.67%) and 978,561 votes withheld (5.33%).
6. **Cordia Harrington**: 17,335,007 votes for (94.41%) and 1,024,658 votes withheld (5.58%).
Reapproval of Incentive Stock Plans
In addition to the director elections, stockholders also voted favorably to reapprove important incentive stock plans, achieving substantial majority support:
**Votes For**: 17,323,591 (94.36%)
**Votes Against/Abstained**: 1,036,074 (5.64%).
Details on Restricted Share Unit Plan
Stockholders expressed their support for the Restricted Share Unit Plan as well, leading to the following voting results:
**Votes For**: 17,143,412 (93.38%)
**Votes Against/Abstained**: 1,216,253 (6.62%).
Performance Share Unit Plan Approval
The annual meeting also confirmed the reapproval of the Performance Share Unit Plan:
**Votes For**: 17,331,695 (94.40%)
**Votes Against/Abstained**: 1,027,970 (5.60%).
Appointment of Public Accounting Firm
Lastly, stockholders ratified the appointment of Rosenberg Rich Baker Berman P.A. as the independent registered public accounting firm for the next fiscal year, with the following results:
**Votes For**: 30,907,808 (98.11%)
**Votes Against/Abstained**: 594,060 (1.89%).
About Global Crossing Airlines
GlobalX operates as a domestic flag and supplemental airline in the United States, utilizing the Airbus A320 family of aircraft. The airline's services encompass both domestic and international ACMI and charter flights, catering to passengers and cargo across the United States, Caribbean, Europe, and Latin America. Moreover, GlobalX holds IOSA certification from IATA and has TCO certifications for operations in Europe, the UK, and Australia.
Company Contact Information
If you have any questions or require more information, please reach out to:
Ryan Goepel, President & CFO
Tel: (720) 330-2829
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Email: JET@elevate-ir.com
Frequently Asked Questions
What key outcomes resulted from the GlobalX annual meeting?
The annual meeting included the election of six directors and the reapproval of key stock incentive plans.
Which firm was appointed as the independent public accounting firm?
Rosenberg Rich Baker Berman P.A. was appointed for the upcoming fiscal year.
How did stockholders vote on the director nominees?
Stockholders overwhelmingly supported the election of the six director nominees.
What is Global Crossing Airlines' operational focus?
GlobalX specializes in domestic flag and supplemental airline services, offering scheduled flights for passengers and cargo.
How can investors get in touch with GlobalX's team?
Investors can contact Ryan Goepel for company inquiries and Sean Mansouri or Aaron D’Souza for investor relations.
