Company: FLYE
Filing Date: 2025-02-11
Form Type: PRE 14A
Source: 0001213900-25-012288
Chunk: 32

Company: Fly-E Group, Inc.
Filing Date: 2025-02-11
Form: PRE 14A
Chunk 32
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20

Executive Compensation The following table shows the compensation awarded to or earned during the years ended March 31, 2024 and 2023 by our chief executive officer. Other than as listed below, we did not have any officers that received more than $100,000 in compensation during the years ended March 31, 2024 and 2023. Summary Compensation Table

| Name and principal position |     | Year |     | Salary |         |     | Bonus |     | Stock  
 Awards |     | Option 
 Awards |     | All Other    
 Compensation |     | Total 
 ($)   |         |
|:----------------------------|:----|-----:|:----|:-------|--------:|:----|:------|:----|:-------|:----|:-------|:----|:-------------|:----|:------|--------:|
| Zhou Ou                     |     | 2024 |     | $      | 100,000 |     | —     |     | —      |     | —      |     | —            |     | $     | 100,000 |
| Chief Executive Officer     |     | 2023 |     | $      | 100,000 |     | —     |     | —      |     | —      |     | —            |     | $     | 100,000 |

Outstanding Equity Awards at Fiscal Year End None. Employment Agreements Zhou Ou, Chief Executive Officer Mr. Ou has entered into an employment agreement with one of our subsidiaries, FLYEBIKE Inc, dated April 1, 2023. The employment agreement provides that Mr. Zhou Ou will serve as the Chief Executive Officer of the Company and will receive a monthly base salary of $8,333. He will also be entitled to reimbursement for authorized and reasonable expenses. The agreement allows for at -willtermination by either party. If Mr. Ou’s employment is terminated due to death or disability, he or his estate will receive salary and benefits through the termination date. The Company may terminate the agreement for cause, releasing it from all further obligations except for accrued salary and benefits through the termination date. “Cause” includes failure or neglect by Mr. Ou to perform duties, disobedience to orders, misconduct such as misappropriation of funds, personal profit from Company transactions, misrepresentation, legal violations, acts involving moral turpitude or unethical conduct, disloyalty including aiding a competitor, failure to devote full -timeefforts to the Company, not