Fourth Quarter & FY2023 Financial Update

7 2024 Network Focused on Higher-fare Markets and Increasing Revenue Pool >50% Higher Average Industry Fares in Underserved Markets $157 Industry Avg Fare Summer 2023 +5% $165 Industry Avg Fare Summer 2024E $59 MM Summer 2023 Total Ticket Revenue Pool +51% Ticket Revenue We need a smaller share of a bigger revenue pool with higher fares $89 MM Summer 2024E FRONTIER

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