Table of Contents “PSP2 Maturity Date” means the tenth anniversary of the PSP2 Closing Date. “PSP2 Closing Date” means January 15, 2021. “PSP2 Agreement” means the Payroll Support Program Extension Agreement entered into by the Subsidiaries with Treasury on the PSP2 Closing Date. “PSP2” means the payroll support program established under the PSP Extension Law. “PSP1 Warrants” means the warrants issued or to be issued to Treasury pursuant to the PSP1 Warrant Agreement. “PSP1 Warrant Shares” means up to approximately 14.1 million shares of AAG common stock which Treasury will have the right to purchase pursuant to PSP1 Warrants issued by AAG in accordance with the PSP1 Warrant Agreement. “PSP1 Warrant Agreement” means the agreement entered into between AAG and Treasury in connection with the PSP1 Agreement, pursuant to which AAG issued PSP1 Warrants to Treasury to purchase up to an aggregate of approximately 14.1 million shares of AAG common stock. “PSP1 Promissory Note” means the promissory note issued to Treasury in connection with PSP1. “PSP1 Maturity Date” means the tenth anniversary of the PSP1 Closing Date. "PSP1 Financial Assistance" means the portion of financial assistance received from Treasury pursuant to the PSP1 Agreement that is not allocated to the PSP1 Warrants or PSP1 Promissory Note. “PSP1 Closing Date” means April 20, 2020. “PSP1 Agreement” means the Payroll Support Program Agreement entered into by the Subsidiaries with Treasury on the PSP1 Closing Date. “PSP1” means the payroll support program established under the CARES Act. “PSA” means PSA Airlines, Inc. “PRP” means potentially responsible party. “Proxy Statement” means American Airlines Group Inc.’s Proxy Statement for the 2021 Annual Meeting of Stockholders of American Airlines Group Inc. “PRASM” means passenger revenue per available seat mile and is equal to passenger revenues divided by ASMs. “Plan” means the Debtors’ fourth amended joint plan of reorganization. “Piedmont” means Piedmont Airlines, Inc. “PEB” means Presidential Emergency Board. “PCAOB” means the Public Company Accounting Oversight Board in the U.S. “Passenger load factor” means the percentage of available seats that are filled with revenue passengers. “PAFCA” means Professional Airline Flight Control Association. “OTAs” means online travel agents. “NOL Carryforwards” means a deduction in any taxable year for net operating losses carried over from prior taxable years. “NOLs” means net operating losses. “NYSE” means the New York Stock Exchange. “NYTDC” means the New York Transportation Development Corporation. “ORD” means Chicago O’Hare International Airport. 25