Company: FLYE
Filing Date: 2025-08-26
Form Type: PRE 14A
Source: 0001213900-25-080827
Chunk: 20

Company: Fly-E Group, Inc.
Filing Date: 2025-08-26
Form: PRE 14A
Chunk 20
---
 |            | 17.81 | % |

<div align='center'>13

Executive Compensation</div>

The following table shows the
compensation awarded to or earned during the years ended March 31, 2025 and 2024 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,
2025 and 2024.

Summary Compensation Table

| Name and principal position |     | Year |     | Salary |         |     | Bonus |   |     | Stock  
 Awards |   |     | Option 
 Awards |   |     | All Other    
 Compensation |   |     | Total 
 ($)   |         |
|:----------------------------|:----|-----:|:----|:-------|--------:|:----|:------|:--|:----|:-------|:--|:----|:-------|:--|:----|:-------------|:--|:----|:------|--------:|
| Zhou Ou                     |     | 2025 |     | $      | 100,000 |     |       | — |     |        | — |     |        | — |     |              | — |     | $     | 100,000 |
| Chief Executive Officer     |     | 2024 |     | $      | 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-will termination 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