FLYHT Aerospace Solutions Ltd.

Good afternoon. The Flight Aerospace Solutions Limited Annual and Special Meeting of Shareholders is about to begin. We will just pause for a moment as participants make their way in from the lobby.

Mr. Chair, I will hand the floor over to you. Good afternoon, ladies and gentlemen.

And welcome to the annual and special meeting of flight shareholders. My name is Kent Jacobs. I'm the president and interim CEO of Flight, and I will be acting as chairman for today's meeting. Before we begin with the formal business of the meeting, I would like to thank you all for joining us today. In order to cover the required business in an efficient manner, we have prearranged with certain shareholders to move into second motion business. This is in no way intended to discourage comments from the floor. On the contrary, should any registered shareholder or proxy holder who pre-registered as outlined in the notice of meeting wish to speak on a matter, please do so at the time by typing your question in the Q&A section on your screen within Zoom. If the shareholders present have no objections, I welcome all guests and ask any non-security holders to refrain from asking questions or voting during the formal part of the meeting. Following the formal meeting, there will be a presentation on the company's Q1 and 2023 results. We welcome questions submitted from any participant using the Q&A function on screen during that presentation. This meeting will now come to order, and with your approval, I shall ask Alana Forbes to act as secretary for purposes of recording the minutes of the meeting. The first item of business will be With the consent of the meeting, I shall ask Bart Wingrak of Odyssey to act as scrutineer. Odyssey has indicated that shareholders of record at the close of business on April 6, 2023, were mailed the notice calling this meeting, together with the accompanying meeting documents, on April 20, 2020. Accordingly, with the consent of the meeting, I would propose to dispense with the reading of the notice and I direct a copy of the notice and proof of service to be kept by the secretary with the records of this meeting. I note that a quorum of shareholders is present at the meeting irrespective of the number of persons actually present if two shareholders or duly appointed property holders are present. I have received the preliminary scrutineer's report indicating that a quorum is present. It shows that there are nine shareholders present represented by proxies representing 13,225,134 common shares being 34.079% of the total . I ask that when a vote is requested, shareholders do so by choosing from the responses available on the polling questionnaire that will appear on screen each motion is put forth. The notice and quorum requirements having been met, I now declare that the meeting is regularly called and properly the transaction of business. The first item of business is to receive and consider the financial statements for the year ended December 31st, 2022, together with the auditor's report thereon. With the consent of the meeting, the reading of such financial statements and auditor's reports will be dispensed with. Copies of the financial statements and the auditor's report thereon have been made accessible to each registered shareholder who have had an opportunity to view them and no action is requested. I would be pleased to answer any questions after this meeting. The next item of business is to fix the number of directors of the corporation to be elected at this meeting to hold office until the close of the next annual meeting of the flight shareholders.