Company: AIRTP
Filing Date: 2025-08-12
Form Type: 10-K/A
Source: 0000353184-25-000069
Chunk: 139

Company: AIR T INC
Filing Date: 2025-08-12
Form: 10-K/A
Chunk 139
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 registered public accounting firm’s provision of non-audit services to the Company is compatible with their independence.

Based on the reviews and discussions referred to above, the Audit Committee recommended to the Board of Directors that the audited financial statements be included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2025 for filing with the Securities and Exchange Commission.

June 27, 2025

AUDIT COMMITTEE

Travis Swenson, Chair

Peter McClung

Ray Cabillot

Jamie Thingelstad

#### Code of Ethics
The Company has adopted a code of ethics applicable to its executive officers and other employees. A copy of the code of ethics is available on the Company’s internet website at http://www.airt.net. The Company intends to post waivers of and amendments to its code of ethics applicable to its principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions on its Internet website.

Item 11. Executive Compensation .

The information contained under the heading “Executive Compensation,” “Base Salary,” “Incentive and Bonus Compensation,” “Retirement and Other Benefits,” “Executive Compensation Tables,” “Employment Agreement and Retirement Savings Plan”

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and “Director Compensation” in our Proxy Statement to be filed within 120 days of our fiscal year end, is incorporated herein by reference..

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The information contained under the heading “Certain Beneficial Owners of Common Stock,” “Director and Executive Officer Stock Ownership,” in our Proxy Statement to be filed within 120 days of our fiscal year end, is incorporated herein by reference.

#### Equity Compensation Plan Information
The following table provides information as of March 31, 2025, regarding shares outstanding and available for issuance under Air T, Inc.’s existing equity compensation plans.

| Plan Category                                               |     | Number of securities 
 to be issued upon    
 exercise of          
 outstanding options, 
 warrants and rights  |         |     | Weighted-average     
 exercise price of    
 outstanding options, 
 warrants and rights  |   |     |     | Number of securities    
 remaining available     
 for future issuance     
 under equity            
 compensation plans      
 (excluding securities   
 listed in first column) |        |   |
| Equity compensation plans approved by security holders:     |     |                      |         |     |                      |   |     |     |                         |        |   |
| Air T