Surf Air Mobility (SRFM) Proxy filing summary

Executive summary

• Annual meeting scheduled for July 24, 2026, will be held virtually, allowing shareholders to participate, vote, and submit questions online.

• Shareholders of record as of May 26, 2026, are eligible to vote on key proposals including director elections, auditor ratification, and a reverse stock split.

• Proxy materials and annual report are available online, and voting can be done via internet, phone, or mail.

Voting matters and shareholder proposals

• Election of two Class C directors (Tyler Painter and Sudhin Shahani) to serve until the 2029 annual meeting.

• Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026.

• Approval of a reverse stock split at a ratio between 2:1 and 6:1, at the Board's discretion within 12 months of approval.

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

Board of directors and corporate governance

• Board consists of eight directors divided into three staggered classes; majority are independent under NYSE rules.

• Carl Albert will transition to Chairman Emeritus after the meeting; Shawn Pelsinger will become Chairman.

• Board committees include Audit, Compensation, and Nominating and Corporate Governance, each with defined responsibilities and independent members.

• Corporate governance guidelines, code of ethics, and insider trading policies are in place.