Volato Group Appoints David Allen to Board and Enters New Employment Agreement with CFO Mark Heinen

Volato Group, Inc.

David Allen appointed to Board of Directors and to Audit, Nominating, and Compensation Committees.
CFO Mark Heinen enters employment agreement with $310,000 base salary and annual bonus target of 100% of base salary.
Heinen receives $50,000 cash performance bonus and $100,000 retention bonus payable upon strategic business combination.
Heinen's severance includes 12 months base salary and pro-rated target bonus upon qualifying termination after change in control.
The employment agreement is effective July 1, 2026, and filed as Exhibit 10.1.

item 5.02 item 9.01

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Appointed

David Allen

Director

SOAR · Volato Group, Inc.

Effective: 2026-07-22
Filed: July 23, 2026, 8:18 AM ET

On July 22, 2026, the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) appointed David Allen to serve as a member of the Board.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Allen was appointed as Director at Volato Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

On July 22, 2026, the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) appointed David Allen to serve as a member of the Board.

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Source: SEC EDGAR

accession 0001493152-26-034338

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