Core Points - Virgin Galactic Holdings, Inc. announced the approval of time-based inducement restricted stock unit awards for two new non-executive employees, totaling 11,387 shares of common stock, effective October 15, 2025 [1][2] Group 1: Stock Awards - The awards were granted under the Amended and Restated 2023 Employment Inducement Incentive Award Plan, aimed at providing equity awards to new employees [2] - The restricted stock unit awards will vest over a three-year period, with 33% vesting on the first and second anniversaries of the grant date, and the remaining 34% vesting on the third anniversary, contingent on continued service [2] Group 2: Company Overview - Virgin Galactic is an aerospace and space travel company focused on pioneering human-first spaceflight for private individuals, researchers, and governments [3] - The company's growth and profitability are driven by next-generation vehicles designed for frequent human space travel at a competitive cost structure [3]

EARNINGS PRESENTATION SECOND QUARTER 2025 08.06.2025 DISCLOSURES FORWARD-LOOKING STATEMENTS This presentation references certain financial measures that are not prepared in accordance with generally accepted accounting principles in the United States (GAAP), including, Adjusted EBITDA and free cash flow. The Company defines Adjusted EBITDA as earnings before interest expense, income taxes, depreciation and amortization, stock-based compensation and certain other items the Company believes are not indicative ...