At Volato's Special Meeting held on October 3, 2024, shareholders approved five significant proposals with 57.3% of total voting shares represented. The key measures include implementing a reverse stock split and increasing the authorized shares of Class A Common Stock, which received 17.6M and 15M votes in favor respectively.Stockholders also approved three corporate governance changes: allowing written consent actions, reducing the quorum requirement to 33-1/3% from majority, and permitting meeting adjournments. These governance proposals received substantial support, with the written consent measure gaining 12.7M favorable votes and the quorum reduction securing 11.5M votes in favor.The meeting, conducted in virtual format, saw participation from 16.9M shares out of the total 29.5M eligible voting shares. All five proposals were successfully ratified, marking significant changes to the company's corporate structure and governance framework.

At Volato's Special Meeting held on October 3, 2024, shareholders approved five significant proposals with 57.3% of total voting shares represented. The key measures include implementing a reverse stock split and increasing the authorized shares of Class A Common Stock, which received 17.6M and 15M votes in favor respectively.Stockholders also approved three corporate governance changes: allowing written consent actions, reducing the quorum requirement to 33-1/3% from majority, and permitting meeting adjournments. These governance proposals received substantial support, with the written consent measure gaining 12.7M favorable votes and the quorum reduction securing 11.5M votes in favor.The meeting, conducted in virtual format, saw participation from 16.9M shares out of the total 29.5M eligible voting shares. All five proposals were successfully ratified, marking significant changes to the company's corporate structure and governance framework.