Air T (AIRT) Proxy filing summary

Executive summary

• Annual Meeting scheduled for August 25, 2026, with both in-person and webcast participation options.

• Proxy materials, including the Annual Report and voting instructions, were distributed starting July 10, 2026.

• Only stockholders of record as of June 26, 2026, are eligible to vote.

• Quorum requires a majority of outstanding shares; 2,691,664 shares are eligible to vote.

Voting matters and shareholder proposals

• Election of five directors to serve until the next annual meeting.

• Advisory vote on executive compensation (say-on-pay).

• Ratification of Deloitte & Touche LLP as independent auditor for fiscal year ending March 31, 2027.

• Board recommends voting “FOR” all proposals.

• Procedures for shareholder proposals and nominations for the 2027 meeting are outlined, with specific deadlines.

Board of directors and corporate governance

• Board consists of five directors; majority are independent except CEO and one director.

• Lead Independent Director role established to enhance governance.

• Three standing committees: Audit, Compensation, and Nominating, all with independent members.

• Director qualifications emphasize integrity, experience, and commitment; no formal diversity policy.

• Director compensation is cash-based, with additional stipends for committee roles.