Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08

Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 141,295 shares of Virgin Galactic common stock to two new non-executive employees, each effective July 15, 2026.

The awards were granted under Virgin Galactic’s Second Amended and Restated 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Virgin Galactic. The restricted stock unit awards will vest over a three-year period with approximately one third of the units vesting on each anniversary of the grant date, subject to each recipient’s continued service. The awards were granted as an inducement material to the new employees entering into employment with Virgin Galactic, in accordance with NYSE Listing Rule 303A.08.

About Virgin Galactic

Virgin Galactic is an aerospace and space travel company, pioneering human-first spaceflight for private individuals, researchers, and governments with its advanced SpaceShips and launch vehicle. Scale and profitability are driven by next generation vehicles capable of taking humans to space at an unprecedented frequency with an industry-leading cost structure. You can find more information at https://www.virgingalactic.com.

For media inquiries:
Aleanna Crane - Vice President, Communications
news@virgingalactic.com
575.800.4422

For investor inquiries:
Eric Cerny - Vice President, Investor Relations
vg-ir@virgingalactic.com
949.774.7637

View source version on businesswire.com: https://www.businesswire.com/news/home/20260714086036/en/

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