Global Crossing Airlines Group Inc.

For the period ended Dec 10, 2025. Filed Oct 28, 2025.

About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Dec 10, 2025 · Filed Oct 28, 2025

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Contents

APPENDIX C

PERFORMANCE SHARE UNIT PLAN, AS AMENDED TO DATE

October 18, 2022

TABLE OF CONTENTS
ARTICLE 1 PURPOSE OF THE PLAN	C-1
1.1		Purpose	C-1
1.2		Definitions	C-1
ARTICLE 2 ADMINISTRATION OF THE PLAN	C-6
2.1		Administration of the Plan	C-6
2.2		Recommendations of CEO	C-6
2.3		Compensation Committee	C-6
2.4		Board Authority	C-6
2.5		Further Authorization	C-6
ARTICLE 3 SHARES SUBJECT TO THE PLAN	C-6
3.1		Maximum Number of Shares	C-6
3.2		Limitations on PSU Grants	C-6
ARTICLE 4 GRANTS OF PSUS	C-7
4.1		Grants of PSUs	C-7
4.2		Terms and Conditions	C-7
4.3		Black-out Periods	C-7
4.4		PSU Agreement	C-7
4.5		Assignability	C-7
ARTICLE 5 ACCOUNTS	C-7
5.1		Performance Share Unit Account	C-7
5.2		Cancellation of PSUs	C-8
ARTICLE 6 VESTING AND REDEMPTION OF PERFORMANCE SHARE UNITS	C-8
6.1		Vested PSU	C-8
6.2		Vesting	C-8
6.3		Redemption	C-8
6.4		Issuance and Delivery of Shares	C-9
6.5		Fractional Shares	C-9
ARTICLE 7 TERMINATION OF EMPLOYMENT AND ENGAGEMENT	C-9
7.1		Death, Disability, Retirement and Termination without Cause	C-9
7.2		Termination Before Target Milestones	C-9
7.3		Termination for Cause	C-10
7.4		US Taxpayers	C-10
ARTICLE 8 ADJUSTMENT IN SHARES SUBJECT TO THE PLAN	C-10
8.1		Adjustment in Shares. In the event that:	C-10
ARTICLE 9 CHANGE IN CONTROL	C-11
9.1		Change in Control	C-11
9.2		Interpretation	C-11

C-i

9.3		Discretion to Accelerate PSUs	C-12
9.4		Awards Need Not be Treated Identically	C-13
ARTICLE 10 REGULATORY APPROVAL	C-13
10.1		Compliance	C-13
10.2		Regulator Requirements	C-13
ARTICLE 11 MISCELLANEOUS	C-13
11.1		Black-out Period	C-13
11.2		Rights of Designated Participants	C-13
11.3		No Interest	C-13
11.4		No Dividend Rights	C-14
11.5		No Representations or Warranty	C-14
11.6		Tax Withholding	C-14
ARTICLE 12 EFFECTIVE DATE, AMENDMENT AND TERMINATION	C-14
12.1		Effective Date	C-14
12.2		Amendment of Plan	C-14
12.3		Suspension or Termination of Plan	C-15
12.4		Amendments to Outstanding PSUs	C-15
12.5		Canadian Taxpayers	C-15
SCHEDULE A DESIGNATED PARTICIPANT’S AGREEMENT	C-16

C-ii

PERFORMANCE SHARE UNIT PLAN

for Designated Participants

effective as of October 18, 2022

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.