Spirit Mergers and Acquisitions Presentation Deck

>> $195 American Source: Company filings. More Effective Ultra-Low Fare Competitor Against the Big Four and JetBlue $211 Delta $244 United $128 Southwest 2021 Available Seat Miles $108 $182 SP $173 JetBlue The Big Four airlines are on average 80%+ more expensive per passenger relative to the combined company With an ultra-low base fare of only $54, customers of the combined company pay only for the services they value, further increasing choice and savings Total Passenger Revenue per Passenger, 2019 $109 Alaska $107 S P $112 Allegiant 31 Frontier + Spirit = A Winning Formula

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