Spirit Aviation grants inducement awards of 554k shares each to Board Chair Milton and Vice-Chair Siegel

Spirit Aviation Holdings, Inc.

Inducement award granted to each of Robert A. Milton and David N. Siegel on April 25, 2025, for up to 554,436 shares each.
40% in service-based RSUs and 60% in performance-based PSUs; vest on three-year anniversary or change in control.
Non-Employee Director Compensation Policy adopted: annual cash retainer of $100,000 plus equity award of $140,000.
Additional cash retainers: Board Chair $100k, Vice Chair $75k, Audit Chair $25k, etc.

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