Global Crossing Airlines Announces Annual Meeting Results

Rhea-AI Summary

Global Crossing Airlines (OTCQB: JETMF) reported results of its Annual Meeting held December 12, 2025. Stockholders elected six directors and reapproved three equity plans: the Incentive Stock Option Plan, Restricted Share Unit Plan, and Performance Share Unit Plan. The meeting also ratified the appointment of Rosenberg Rich Baker Berman P.A. as independent auditors for the fiscal year ending December 31, 2025.

Director vote tallies ranged around 94%–96% in favor with ~13.14M broker non-votes reported. Plan reapprovals received approximately 93%–94% support. Audit firm ratification received 98.11% support.

MIAMI, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the “Company” or “GlobalX”)  announces that the Company’s stockholders (i) elected six directors to the board of directors, (ii) reapproved the Company’s Incentive Stock Option Plan, (iii) reapproved the Company’s Restricted Share Unit Plan, (iv) reapproved the Company’s Performance Share Unit Plan and (v) ratified the appointment of Rosenberg Rich Baker Berman P.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

Stockholders at the Annual Meeting voted in favor of the six director nominees, detailed results of such vote are set out below:

Director	Votes For	% Votes For	Votes Withheld	% Votes Withheld	Broker Non-Votes
Andrew Axelrod	17,600,169	95.86%	759,496	4.14%	13,142,203
Alan Bird	17,389,072	94.71%	970,593	5.29%	13,142,203
T. Allan McArtor	17,374,319	94.63%	985,346	5.37%	13,142,203
Chris Jamroz	17,335,136	94.42%	1,024,529	5.58%	13,142,203
Deborah Robinson	17,381,104	94.67%	978,561	5.33%	13,142,203
Cordia Harrington	17,335,007	94.41%	1,024,658	5.58%	13,142,203

Stockholders at the Annual Meeting voted in favor of the reapproval of the Company’s Incentive Stock Option Plan, detailed results of such vote are set out below:

Votes For	% Votes For	Votes Against/Abstained	% Votes Against/Abstained	Broker Non-Votes
17,323,591	94.36%	1,036,074	5.64%	13,142,203

Stockholders at the Annual Meeting voted in favor of the reapproval of the Company’s Restricted Share Unit Plan, detailed results of such vote are set out below:

Votes For	% Votes For	Votes Against/Abstained	% Votes Against/Abstained	Broker Non-Votes
17,143,412	93.38%	1,216,253	6.62%	13,142,203

Stockholders at the Annual Meeting voted in favor of the reapproval of the Company’s Performance Share Unit Plan, detailed results of such vote are set out below:

Votes For	% Votes For	Votes Against/Abstained	% Votes Against/Abstained	Broker Non-Votes
17,331,695	94.40%	1,027,970	5.60%	13,142,203

Stockholders at the Annual Meeting voted in favor of appointing Rosenberg Rich Baker Berman P.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, detailed results of such vote are set out below:

Votes For	% Votes For	Votes Against/Abstained	% Votes Against/Abstained
30,907,808	98.11%	594,060	1.89%

About Global Crossing Airlines

GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family of aircraft. The Company’s services include domestic and international ACMI and charter flights for passengers and cargo throughout the US, Caribbean, Europe, and Latin America. GlobalX is IOSA certified by IATA and holds TCOs for Europe, the UK, and Australia.

For more information, please contact:

Company Contact
Ryan Goepel, President & CFO
Tel: (720) 330-2829

Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Email: JET@elevate-ir.com

FAQ

Who was elected to Global Crossing Airlines' board at the December 12, 2025 meeting (OTCQB: JETMF)?

Six directors were elected: Andrew Axelrod, Alan Bird, T. Allan McArtor, Chris Jamroz, Deborah Robinson, and Cordia Harrington.

What were the vote percentages for director elections at Global Crossing Airlines' 2025 annual meeting?

Director vote support ranged approximately from 94.41% to 95.86% in favor, with reported broker non-votes of 13,142,203.

Did Global Crossing Airlines (JETMF) reapprove its equity compensation plans on December 12, 2025?

Yes. Stockholders reapproved the Incentive Stock Option Plan, Restricted Share Unit Plan, and Performance Share Unit Plan, each receiving about 93%–94% votes in favor.

Was the independent auditor for Global Crossing Airlines ratified for fiscal 2025 (JETMF)?

Yes. Rosenberg Rich Baker Berman P.A. was ratified as independent registered public accounting firm with 98.11% of votes in favor.

How many broker non-votes were recorded at Global Crossing Airlines' December 12, 2025 meeting?

The meeting reported 13,142,203 broker non-votes for the director and plan reapproval items.

What markets and aircraft does Global Crossing Airlines operate under its business description?

Global Crossing Airlines operates Airbus A320 family aircraft providing domestic and international ACMI and charter services across the US, Caribbean, Europe, and Latin America.