AAL · American Airlines Group Inc.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.26 to $15.265, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $15.18 to $15.4408 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.90 to $15.44 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.71 to $15.22 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.75 to $15.40 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.34 to $15.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.565 to $14.955 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

This sale is pursuant to a written plan for trading securities that complies with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.00 to $18.005, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote

This sale is pursuant to a written plan for trading securities that complies with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Restricted stock units will vest fully upon the earlier of June 10, 2026, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Amount of securities beneficially owned reflects the forfeiture of performance-based restricted stock units previously reported in Table I

Restricted Stock Unit award that vests over three years, with 33.33 percent of the grant vesting based on continued service through the first anniversary of the grant date, 33.33 percent of the grant vesting based on continued service through the second anniversary of the grant date, and 33.33 percent of the grant vesting based on continued service through the third anniversary of the grant date.

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Amount of securities beneficially owned reflects the forfeiture of performance-based restricted stock units previously reported in Table I

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Amount of securities beneficially owned reflects the forfeiture of performance-based restricted stock units previously reported in Table I

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.

Amount of securities beneficially owned reflects the forfeiture of performance-based restricted stock units previously reported in Table I

This sale is pursuant to a written plan for trading securities that complies with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $16.00 to $16.015, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units