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ATSG Holds Annual Meeting of Stockholders

ATSG | May 10, 2018

ATSG Holds Annual Meeting of Stockholders

Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting here today re-elected six directors, ratified the appointment of the Company’s outside auditors, and approved several other agenda items.

Directors of the Company reelected to one-year terms on the Board were Richard M. Baudouin, Joseph C. Hete, Raymond E. Johns, Jr., Randy D. Rademacher, J. Christopher Teets, and Jeffrey J. Vorholt.

At the meeting, stockholders also:

• Ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for fiscal year 2018; and approved, on an advisory basis, the compensation of the Company’s named executive officers for 2017;

• Voted to amend the Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock, remove all stockholder supermajority vote requirements and increase the maximum number of directors that may serve on the board.

A complete report of the results of the meeting will be filed in a Form 8-K with the Securities and Exchange Commission.

About Air Transport Services Group, Inc. (ATSG)

ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. Through its principal subsidiaries, including two airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.