Executive Services Agreement with Christopher M. Ensey

Volato Group, Inc. has entered into an Executive Services Agreement with Christopher M. Ensey, effective September 11, 2026. Mr. Ensey will serve as the Company's Chief Executive Officer as an independent contractor, reporting to the Board. His annual service fee is $400,000, payable in monthly installments. Subject to board and stockholder approval, he will be granted a restricted stock award of 5% of the Company's fully diluted capitalization, vesting in five tranches based on achieving specific market capitalization and contracted capacity milestones. The agreement also details provisions for termination, including a termination payment of 24 months' fee under certain conditions, and covers D&O insurance, indemnification, and customary legal and tax provisions. Mr. Ensey will be nominated for re-election to the Board and will serve without additional compensation for board service. He is responsible for his own taxes and is not eligible for employee benefit plans, except as required by law. The agreement is conditioned upon the closing of the merger with Alignment Engine Inc.