Joseph P. Adams, Jr.

Chairman and CEO at FTAI Aviation Ltd

Board

Since May 2015

Age

66 years

Education

Earned a B.S. in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School.

Tenure

Joined FTAI as CEO and Director in May 2015 and was promoted to Chairman in May 2016.

Also at FTAI Aviation Ltd

KJN

Kenneth J. Nicholson

Director

E(N

Eun (Angela) Nam

CFO and Chief Accounting Officer

About

Joseph P. Adams, Jr. has an extensive background in leading FTAI, serving as CEO since May 2015 and taking on the role of Chairman in May 2016. His appointment at FTAI marks a significant milestone in his career, highlighting his leadership and strategic planning skills in the aviation and transportation sectors.

Educated with a B.S. in Engineering and an MBA, his academic credentials laid the foundation for a robust career in private equity and investment banking. Prior to his tenure at FTAI, he held pivotal roles, including positions at Fortress Investment Group LLC, where he was a Managing Director and part of the Management Committee, as well as key leadership roles at firms like Brera Capital Partners and Donaldson, Lufkin & Jenrette.

Beyond his contributions at FTAI, he has held multiple board positions, served as the first Executive Director of the Air Transportation Stabilization Board in 2002, and currently chairs FTAI Infrastructure Inc. His diverse career not only underscores his expertise in financial strategy and transportation-related industries but also reflects his commitment to impacting various sectors through both executive leadership and board service.

$FTAI Performance Under Joseph P. Adams, Jr.

Past Roles

Organization	Role	Date Range	Details
FTAI	Chief Executive Officer	May 2015 - May 2016	Held prior to becoming Chairman and CEO
FTAI	Board of Directors Member	May 2015 - May 2016	Served on the board before becoming Chairman
Seacastle, Inc.	Board of Directors Member	N/A	N/A
SeaCube Container Leasing Ltd.	Board of Directors Member	N/A	N/A
Aircastle Limited	Board of Directors Member	N/A	N/A
RailAmerica Inc.	Board of Directors Member	N/A	N/A
Brera Capital Partners	Partner	N/A	N/A
Donaldson, Lufkin & Jenrette	Transportation Industry Group Member	N/A	Worked in the transportation industry group
Air Transportation Stabilization Board	Executive Director	2002	First Executive Director

External Roles

Organization	Role	Date Range	Details
FTAI Infrastructure Inc. (Nasdaq: FIP)	Chairman of the Board and Director	Since April 2022	Current board leadership
Fortress Investment Group LLC	Member of the Management Committee	Current	Also serving as Managing Director in the Private Equity Group
Fortress Investment Group LLC	Managing Director, Private Equity Group	Current	N/A

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$975,000	Annualized; retroactive to January 1, 2024	Fixed annual rate
RSUs	58,498 units	Vests ratably in three annual installments on each anniversary of the Effective Date	Award calculated as $4,700,000 divided by the 10-Day VWAP; subject to continued service, completion of a corresponding share purchase within 90 days, and maintaining share holding on each vesting date

Performance Compensation

Data from FY 2024

Discretionary Annual Bonus

Metric	Value	Notes
Target Bonus	$800,000	Discretionary; paid no later than March 15 of the subsequent calendar year; requires active employment until bonus payment
Performance Metrics/Threshold	Not provided	Specific performance metrics, targets, or thresholds are not detailed in the documents

Prorated Bonus upon Termination

Metric	Value	Notes
Bonus Basis	Actual performance	Prorated bonus based on the actual performance in the termination year
Subjective Element	Treated as not less than target	Any individual subjective bonus element is satisfied at a minimum of target
RSU Accelerated Vesting	Applicable	RSUs (58,498 units) may vest accelerated upon termination, subject to conditions
Change in Control Scenario	Greater of target or actual performance	In change in control, the bonus is determined by the greater of target or actual performance

Note: There is no additional detailed information on performance metrics, thresholds, weights, vesting schedules (beyond what is noted for RSUs), or evaluation periods for performance compensation in the documents.