Company: UP
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001140361-25-011647
Chunk: 12

Company: Wheels Up Experience Inc.
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 12
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2025. Beneficial Owner: Shares Registered in the Name of a Broker, Bank or Other Agent If, as of the Record Date, your shares were not held in your name, but rather in an account at a brokerage firm, bank, dealer, custodian or other similar organization acting as nominee (each, a “Broker”), then you are the beneficial owner of shares held in “street name,” and these Annual Meeting materials were forwarded to you by your Broker along with a voting instruction card. The Broker holding your account is considered the stockholder of record for purposes of voting at the Annual Meeting. As the beneficial owner of the shares in your account, you have the right to direct your Broker on how to vote your shares. Simply complete and, as instructed by your Broker, either mail or otherwise return the voting instruction card to your Broker to ensure that your vote is counted. You are also invited to attend the Annual Meeting. However, because you are not the stockholder of record, you may not vote your shares at the Annual Meeting unless you request, obtain and submit, prior to the Annual Meeting, a valid proxy from your Broker. If you wish to vote your shares at the Annual Meeting rather than submitting a voting instruction form to your Broker, follow the instructions provided by your Broker. What am I voting on? There are seven matters scheduled for a vote at the Annual Meeting:

| • | Proposal No. 1—To elect each of the four Class I director nominees named in the Proxy Statement to serve until the 2028 annual meeting of stockholders or until the election and qualification of their respective successors (“Proposal No. 1”); |

| 4Wheels Up Experience Inc.Proxy Statement and Notice of 2025 Annual Meeting of Stockholders |

TABLE OF CONTENTS

INFORMATION ABOUT THE PROXY PROCESS AND VOTING (continued)

| • | Proposal No. 5—To approve the Wheels Up Experience Inc. Performance Award Agreement, dated as of May 20, 2024 (the “CCO Performance Plan”), granted to David Harvey, the Company’s Chief Commercial Officer, and authorize the Company to issue up to 15,000,000 shares of Common Stock thereunder, subject to the satisfaction of the applicable vesting conditions under such plan, if at all (“Proposal No. 5”); |

| • | Proposal No. 6—To approve the Wheels Up Experience Inc. Performance Award Agreement, dated as of March 31, 2025 (the “CFO Performance Plan”),