Frontier IPO Presentation Deck

Statement Of Cash Flows Cash flows from operating activities Net income (loss) Deferred income taxes Depreciation & amortization Loss on sale of owned aircraft Gain on sale-leaseback transaction Warrant liability unrealized loss Stock-based compensation Cash flows for derivative instruments, net Cash flows from operating leases Changes in operating assets and liabilities Accounts receivable Supplies and other current assets Aircraft maintenance deposits Other long-term assets Accounts payable Air traffic liability Other liabilities Cash provided by (used in) operating activities Cash flows from investing activities Capital expenditures Pre-delivery deposits for flight equipment, net of refunds Other Cash provided by (used in) investing activities Cash flows from financing activities Proceeds from issuance of debt Principal repayments of debt Principal repayments of note payable Proceeds from sale-leaseback transactions Dividends paid Other Cash (used in) provided by financing activities Net increase (decrease) in cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash, beginning of period Cash, cash equivalents and restricted cash, end of period Source: Company filings FRONTIER 2018 *@**|*|| ******* 386 988%22% (186) (211) FINANCIAL DETAILS Year Ended December 31, 2019 1 (107) (18) (18) 171 (17) 170 9:2 (159) (39) 70 6:98 768 37 2020 (225) 33 9 18 17 61 (166) (15) (67) (557) (16) 28 11 I 156 (390) 768 378

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