Frontier Investor Conference Presentation Deck

Sustainability Wins With America's Greenest Airline Structural Fuel Efficiency Advantage 2021 ASMS per gallon 65 American 65 United FRONTIER spirit 70 Delta 78 JetBlue 79 Southwest 80 Alaska Source: Company filings. (1) Based on Q4 2021 fuel prices and Combined Company stage length. 85 Allegiant 105+ 2025E 96 Combined Company @ The combined company flies 38% more miles per gallon vs. weighted average of other U.S. airlines The combined company saved over $20 round-trip per seat in 4021(¹) in fuel cost vs. the Big Four 11

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