Company: UP
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001140361-25-011647
Chunk: 89

Company: Wheels Up Experience Inc.
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 89
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 has broad authority and responsibility, as described further below. The Board believes that it should maintain flexibility to select the Chairperson of the Board and Board leadership structure from time to time. Our policies do not preclude the Chief Executive Officer or any other executive officer from also serving as Chairperson of the Board, but the Board believes that it is currently in the best interests of the Company and our stockholders that the roles of Chief Executive Officer and Chairperson of the Board be split. The Chairperson of the Board is elected annually by the Board and has the powers set forth in our By-Laws and other corporate governance policies, including, among others, the power to call meetings of the Company’s stockholders and to preside over such meetings.

| Wheels Up Experience Inc.Proxy Statement and Notice of 2025 Annual Meeting of Stockholders47 |

TABLE OF CONTENTS

CORPORATE GOVERNANCE (continued) Meetings of the Board and Committees Our Corporate Governance Guidelines provide that directors are expected to attend meetings of the Board and the committees of which they are members, as well as the annual meeting of stockholders. In 2024, the Board met a total of 10 times, the Audit Committee met seven times, the Compensation Committee met four times, the Nominating and ESG Committee met four times, and the Safety and Security Committee met four times. All incumbent directors attended at least 75% of the aggregate number of meetings held by the Board and each of the committees on which such director served during their tenure on the Board in 2024. Eleven of the twelve directors that were then members of the Board attended the 2024 annual meeting of stockholders. Board Committees The standing committees of the Board consist of the Audit Committee, Compensation Committee, Nominating and ESG Committee, and Safety and Security Committee, each of which operate under a written charter. The Board may from time to time establish other committees, including special committees, to the extent the Board deems it necessary or advisable to address specific issues. Copies of Wheels Up’s committee charters are available on our investor relations website, www.wheelsup.com/investors, as required by applicable SEC and the NYSE rules. The information on or available through such website is not deemed incorporated in, and does not form a part of, this Proxy Statement. The website address is included as an inactive textual reference only. Committee Composition We have structured our committees in accordance with applicable requirements under SEC and NYSE rules, their respective committee charters and our Corporate Governance Guidelines,