Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 101

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 101
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back policy to address the recovery of erroneously -awardedincentive compensation in compliance with the requirements of the Dodd -FrankAct, final SEC rules and applicable listing standards that covers our executive officers, who are defined as our chief executive officer, president, chief financial officer, principal accounting officer (or the controller, if no such accounting officer exists), any vice -presidentin charge of a significant principal business unit, division, or function (such as sales, administration, or finance), and any other officer or person who performs a policy -makingfunction. This clawback policy pertains to incentive -basedcompensation, which includes any compensation that is granted, earned, or vested wholly or in part based on the achievement of a financial reporting measure. It mandates the recovery of such compensation from an executive officer in cases where we must prepare an accounting restatement due to material noncompliance with U.S. financial reporting requirements under the securities laws. This includes any necessary restatement to correct an error in previously issued financial statements that is material to those statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected. The Compensation Committee will make determinations regarding “materiality” for the purposes of this policy. The incentive -basedcompensation eligible for recovery under this policy includes compensation received during the three completed fiscal years immediately preceding the date we are required to prepare an accounting restatement, as outlined above. This applies provided that the individual served as an executive officer at any time during the performance period relevant to the incentive -basedcompensation. 2024 Omnibus Incentive Plan We have adopted the FLY -EGroup Inc. 2024 Omnibus Incentive Plan, as amended (the “2024 Plan”) in order to grant equity -basedand other incentive awards to our officers, employees, directors, consultants and advisers. The purpose of the 2024 Plan is to help us attract, motivate and retain such persons with awards under the 2024 Plan and thereby enhance shareholder value. The 2024 Plan became effective upon our shareholders’ approval on March 10, 2025. The following is a summary of the material terms of the 2024 Plan. Plan Administration The 2024 Plan will be administered by our Compensation Committee. Our board of directors will retain the authority under the 2024 Plan to exercise any or all of the powers and authorities related to the administration and implementation of the 2024 Plan. 66 Award Eligibility Awards