UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, D.C. 20549

_____________________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Securities~~Date ~~Exchange~~of ~~Act~~Report (Date of ~~1934~~earliest event reported): March 16, 2026

~~Date~~ALLEGIANT ofTRAVEL ~~Report (Date of earliest event reported): February 4, 2026~~CO

Allegiant Travel Company

(Exact name of registrant as specified in its charter)

Nevada

001-33166

20-4745737

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

1201 North Town Center Drive

Las Vegas, NV

89144

(Address of principal executive offices)

(Zip Code)

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (702) 851-7300

Nevada	001-33166	20-4745737
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)
1201 North Town Center Drive Las Vegas, NV		89144
(Address of principal executive offices)		(Zip Code)

~~N/A~~ (~~Former~~702) ~~name~~851-7300 ~~or former address, if changed since last report.)~~

~~Check~~(Registrant’s ~~the~~telephone ~~appropriate~~number, ~~box~~including ~~below~~area ~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~code)

~~☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)~~N/A

(Former name or former address,

if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☒	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

~~Trading~~Name ~~Symbol~~of each exchange on which registered

~~Name of each exchange on which registered~~

Common stock, par value $0.001

ALGT

~~ALGT~~NASDAQ Stock Market

~~NASDAQ Global Select Market~~

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (~~Section 17 CFR~~ §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (~~Section 17 CFR~~ §240.12b-2 of this chapter).

Emerging growth company ☐

Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.	☐

IfItem an8.01. ~~emerging~~Other growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange ActEvents. ☐

~~Section~~As previously announced, on January 11, 2026, Allegiant Travel Company, a Nevada corporation (“Allegiant”), entered into an Agreement and Plan of Merger with Sun Country Airlines Holdings, Inc., a Delaware corporation (“Sun Country”), Mirage Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Allegiant (“Merger Sub 1”), and Sawdust Merger Sub, LLC, a Nevada limited liability company and a direct wholly owned subsidiary of Allegiant (“Merger Sub 2 ~~Financial~~”), ~~Information~~providing for the merger of Merger Sub 1 with and into Sun Country (the “First Merger”), with Sun Country surviving the First Merger as a direct wholly owned subsidiary of Allegiant and immediately following the First Merger, the merger of Sun Country with and into Merger Sub 2 (the “Second Merger” and, together with the First Merger, the “Mergers”), with Merger Sub 2 surviving the Second Merger as a direct, wholly owned subsidiary of Allegiant.

~~Item~~The ~~2.02 Results~~Mergers are conditioned on, among other things, the expiration or early termination of ~~Operations~~the statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). On March 16, 2026, Allegiant and ~~Financial~~Sun ~~Condition~~Country issued a joint press release announcing the early termination of the waiting period under the HSR Act.

OnA ~~February~~copy 4,of ~~2026, Allegiant Travel Company (~~the ~~“Company”) issued the~~ press release is attached as Exhibit 99.1 tohereto ~~this Form 8-K concerning our results of operations for the quarter~~ and ~~year~~incorporated ~~ended~~by ~~December~~reference ~~31, 2025~~herein.

~~The~~Item ~~information in Section 2 of this Current Report on Form 8-K and in Exhibit 99~~9.~~1 is deemed to be furnished and is not to be considered to be “filed” with the Securities and Exchange Commission~~01. AsFinancial ~~such,~~Statements ~~this information shall not be incorporated by reference into any of our reports or other filings made with the Securities~~ and ~~Exchange Commission~~Exhibits.

Non-GAAP Financial Measures: Both the press release furnished as Exhibit 99.1 and Exhibit 99.2 contain non-GAAP financial measures as such term is defined in Regulation G under the rules of the Securities and Exchange Commission. While the Company believes these financial measures are useful in evaluating the Company’s performance, this information should be considered to be supplemental in nature and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Further, these non-GAAP financial measures may differ from similarly titled measures presented by other companies.(d) Exhibits

Forward-Looking Statements: Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in the press release filed as Exhibit 99.1 and statements in the 4Q25 Earnings Call Slides furnished as Exhibit 99.2 that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include our statements regarding the announced merger with Sun Country Airlines, future airline operations, revenue, expenses and earnings, available seat mile growth, expected capital expenditures, the cost of fuel, the timing of aircraft acquisitions and retirements, the number of contracted aircraft to be placed in service in the future, our ability to consummate announced aircraft transactions, as well as other information concerning future results of operations, business strategies, financing plans, competitive position, industry environment, and potential growth opportunities. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "believe," "expect," “guidance,” "anticipate," "intend," "plan," "estimate," “project”, “hope” or similar expressions.

Exhibit No.		Description

99.1		Press Release, dated March 16, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

~~Forward-looking~~Cautionary ~~statements~~Statement ~~involve~~Regarding ~~risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward~~Forward-~~looking~~Looking statements. Important risk factors that could cause our results to differ materially from those expressed in the forward-looking statements generally may be found in our periodic reports filed with the Securities and Exchange Commission at www.sec.gov. These risk factors include, without limitation, the impact of regulatory reviews of, and production limits on, The Boeing Company on our aircraft delivery schedule, an accident involving, or problems with, our aircraft, public perception of our safety, our reliance on our automated systems, our reliance on Boeing to deliver aircraft under contract to us on a timely basis, risk of breach of security of personal data, volatility of fuel costs, labor issues and costs, the ability to obtain regulatory approvals as needed in connection with our fleet and network, the effect of economic conditions on leisure travel, debt covenants and balances, the impact of government regulations on the airline industry, the ability to finance aircraft to be acquired, the ability to obtain necessary government approvals to prepare to offer international service from our markets, terrorist attacks, risks inherent to airlines, our competitive environment, our reliance on third parties who provide facilities or services to us, the impact of the possible loss of key personnel, economic and other conditions in markets in which we operate, increases in maintenance costs and availability of outside maintenance contractors to perform needed work on our aircraft on a timely basis and at acceptable rates, cyclical and seasonal fluctuations in our operating results and the perceived acceptability of our environmental, social and governance efforts, the occurrence of any event, change or other circumstance that could give rise to the right of one or both of Allegiant or Sun Country to terminate the definitive merger agreement for the Sun Country acquisition; the risk that potential legal proceedings may be instituted against Allegiant or Sun Country and result in significant costs of defense, indemnification or liability; the possibility that the Sun Country acquisition does not close when expected or at all because required stockholder approvals, required regulatory approvals or other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that such regulatory approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); the risk that the combined company will not realize expected benefits, cost savings, accretion, synergies and/or growth from the Sun Country acquisition or that any of the foregoing may take longer to realize or be more costly to achieve than expected; disruption to the parties' businesses as a result of the announcement and pendency of the Sun Country acquisition; the costs associated with the anticipated length of time of the pendency of the Sun Country acquisition, including the restrictions contained in the definitive merger agreement on the ability of each of Sun Country and Allegiant to operate their respective businesses outside the ordinary course consistent with past practice during the pendency of the Sun Country acquisition; the diversion of Allegiant's and Sun Country's respective management teams' attention and time from ongoing business operations and opportunities on acquisition-related matters; the risk that the integration of Sun Country's operations will be materially Statements

~~delayed~~This orcommunication ~~will~~contains beforward-looking ~~more~~statements ~~costly~~under orthe ~~difficult~~safe ~~than~~harbor ~~expected~~provisions orof ~~that~~Section ~~Allegiant~~21E isof ~~otherwise~~the ~~unable~~Securities toExchange ~~successfully~~Act ~~integrate~~of ~~Sun~~1934, ~~Country's~~Section ~~businesses~~27A ~~into~~of ~~its~~the Securities ~~businesses;~~Act of 1933 and the ~~possibility~~Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that ~~the~~are ~~Sun~~not ~~Country~~historical ~~acquisition~~facts ~~may~~and often can be ~~more~~identified ~~expensive~~by tothe ~~complete~~use ~~than~~of ~~anticipated,~~forward-looking ~~including~~terminology such as athe ~~result~~words “believe,” of“expect,” ~~unexpected~~“guidance,” ~~factors~~“anticipate,” “intend,” “plan,” “estimate”, “project”, “hope” or ~~events;~~similar ~~reputational~~expressions. ~~risk~~Forward-looking ~~and~~statements ~~potential~~in ~~adverse~~this communication ~~reactions~~are ofbased on Allegiant'’s orand Sun Country'’s ~~customers~~current expectations, ~~suppliers~~estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, ~~employees~~their respective businesses and industries, management’s ~~labor~~beliefs ~~unions~~and orcertain ~~other~~assumptions ~~business~~made ~~partners~~by Allegiant and Sun Country, all of which are subject to change. Forward-looking statements in this communication may relate to, without limitation, the benefits of the proposed transaction, including ~~those~~future ~~resulting~~financial ~~from~~and operating results; the ~~announcement~~parties’ orrespective plans, objectives, expectations and intentions; the expected timing and likelihood of completion of the ~~Sun~~proposed ~~Country~~transaction; ~~acquisition~~expected synergies of the proposed transaction; the timing and result of various regulatory proceedings related to the ~~dilution~~proposed ~~caused~~transaction; bythe ~~Allegiant's~~ability ~~issuance~~to ofexecute ~~additional~~and ~~shares~~finance current and long-term business, operational, capital expenditures and growth plans and strategies; the impact of increased ~~its~~or ~~common~~increasing ~~stock~~transaction inand ~~connection~~financing costs associated with the ~~consummation~~proposed oftransaction or otherwise, as well as inflation and interest rates; and the ~~Sun~~ability ~~Country~~to ~~acquisition.~~access debt and equity capital markets.

~~Any~~Forward-looking statements involve risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, there are ~~based~~or onwill ~~information~~be ~~available~~important factors that could cause actual results to usdiffer ~~today~~materially from those indicated in such statements and, wetherefore, ~~undertake~~you noshould ~~obligation~~not toplace ~~update~~undue ~~publicly~~reliance on any such statements and caution must be exercised in relying on forward-looking statements. Important risk factors that may cause such a difference include, ~~whether~~but are not limited to, the following: the occurrence of any event, change or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement for the proposed transaction; the risk that potential legal proceedings may be instituted against Allegiant or Sun Country and result in significant costs of defense, indemnification or liability; the possibility that the proposed transaction does not close when expected or at all because required stockholder approvals, required regulatory approvals or other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that such regulatory approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); the risk that the combined company will not realize expected benefits, cost savings, accretion, synergies and/or growth from the proposed transaction or that any of the foregoing may take longer to realize or be more costly to achieve than expected; disruption to the parties’ businesses as a result of ~~future~~the ~~events~~announcement and pendency of the proposed transaction; the costs associated with the anticipated length of time of the pendency of the proposed transaction, ~~new~~including ~~information~~the restrictions contained in the definitive merger agreement on the ability of each of Sun Country and Allegiant to operate their respective businesses outside the ordinary course consistent with past practice during the pendency of the proposed transaction; the diversion of Allegiant’s and Sun Country’s respective management teams’ attention and time from ongoing business operations and opportunities on acquisition-related matters; the risk that the integration of Sun Country’s operations will be materially delayed or will be more costly or difficult than expected or that Allegiant is otherwise unable to successfully integrate Sun Country’s businesses into its businesses; the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; reputational risk and potential adverse reactions of Allegiant’s or Sun Country’s customers, suppliers, employees, labor unions or other business partners, including those resulting from the announcement or completion of the proposed transaction; the dilution caused by Allegiant’s issuance of additional shares of its common stock in connection with the consummation of the proposed transaction; a material adverse change in the business, condition or results of operations of Allegiant or Sun Country; changes in domestic or international economic, political or business conditions, including those impacting the airline industry (including customers, employees and supply chains); Allegiant’s and Sun Country’s ability to successfully implement their respective operational, productivity and strategic initiatives; the outcome of claims, litigation, governmental proceedings and investigations involving Allegiant or Sun Country; and a cybersecurity incident or other disruption to Sun Country’s or Allegiant’s technology infrastructure.

~~Section~~Forward-looking ~~7 Regulation~~statements FDin this communication are qualified by and should be read together with, the risk factors set forth above and the risk factors included in Allegiant’s and Sun Country’s respective annual and quarterly reports as filed with the Securities and Exchange Commission (the “SEC”), and readers should refer to such risks, uncertainties and risk factors in evaluating such forward-looking statements. In addition, the risk factors discussed above are not exhaustive and they, along with other risk factors, will be more fully discussed in the registration statement and joint proxy statement/prospectus to be filed with the SEC in connection with the proposed transaction.

~~Item~~The ~~7.01 Regulation~~forward-looking FDstatements ~~Disclosure~~in this communication are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, Allegiant and Sun Country disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

WeImportant ~~are~~Additional ~~supplementing~~Information ~~our~~and ~~press~~Where ~~release with updated information for investors relating~~ to ~~our~~Find ~~financial performance and outlook as well as other information regarding our business. The update is furnished herewith as Exhibit 99.2 and is incorporated herein by reference.~~It

~~The~~In ~~information~~connection inwith ~~Section~~the 7proposed oftransaction, ~~this~~Allegiant ~~Current~~intends ~~Report~~to file with the SEC a registration statement on Form 8 S-K4 ~~and~~(the ~~Exhibit~~“Registration ~~99.2~~Statement”), ~~filed~~which ~~herewith~~will include isa ~~furnished~~prospectus ~~pursuant~~with respect to ~~Item~~the ~~7.01~~shares of ~~Form~~Allegiant’s ~~8-K~~common stock to be issued in the proposed transaction and ~~shall~~a ~~not~~joint beproxy ~~deemed~~statement tofor beAllegiant’s and Sun Country’s respective stockholders (the “~~filed~~Joint Proxy Statement/Prospectus”). ~~for~~The definitive ~~the~~joint ~~purposes~~proxy statement (if and when available) will be mailed to stockholders of ~~Section~~Allegiant 18and Sun Country. Each of Allegiant and Sun Country may also file with or furnish to the ~~Securities~~SEC ~~Exchange~~other ~~Act~~relevant ofdocuments ~~1934~~regarding the proposed transaction. This communication is not a substitute for the Registration Statement, the Joint Proxy Statement/Prospectus or ~~otherwise~~any ~~subject~~other document that Allegiant or Sun Country may file with the SEC or send to their respective stockholders in connection with the ~~liabilities~~proposed transaction. INVESTORS AND SECURITY HOLDERS OF ALLEGIANT AND SUN COUNTRY ARE URGED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING ALLEGIANT, SUN COUNTRY, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders of ~~that~~Allegiant ~~Section~~and Sun Country may obtain free copies of these documents and other documents filed with the SEC by Allegiant or Sun Country through the website maintained by the SEC at http://www.sec.gov Asor ~~such~~from Allegiant at its website, ~~this~~https://ir.allegiantair.com/financials/sec-filings/default.aspx, ~~information~~or ~~shall~~from ~~not~~Sun Country beat ~~incorporated~~its website, https://ir.suncountry.com/financials/sec-filings. Documents filed with the SEC by ~~reference~~Allegiant ~~into~~will ~~any~~be available free of ~~the~~charge ~~Company~~by accessing Allegiant’s ~~reports~~website at https://ir.allegiantair.com/financials/sec-filings/default.aspx, or ~~other~~alternatively ~~filings~~by ~~made~~directing a request by mail to Allegiant’s Investor Relations department, 1201 North Town Center Drive, Las Vegas, NV 89144, and documents filed with the ~~Securities~~SEC ~~and~~by ~~Exchange~~Sun ~~Commission~~Country will be available free of charge by accessing Sun Country’s website at https://ir.suncountry.com/financials/sec-filings, or alternatively by directing a request by mail to Sun Country’s Investor Relations department, 2005 Cargo Road, Minneapolis, MN 55450.

~~Section~~Participants ~~9 Financial~~In ~~Statements~~The ~~and Exhibits~~Solicitation

~~Item~~Allegiant, ~~9.01 Financial~~Sun ~~Statements~~Country and ~~Exhibits~~certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Allegiant and Sun Country in connection with the proposed transaction under the rules of the SEC.

Information about the interests of the directors and executive officers of Allegiant and Sun Country and other persons who may be deemed to be participants in the solicitation of stockholders of Allegiant and Sun Country in connection with the proposed transaction and a~~.Not~~ ~~applicable~~description of their direct and indirect interests, by security holdings or otherwise, will be included in the Joint Proxy Statement/Prospectus, which will be filed with the SEC.

bInformation about the directors and executive officers of Allegiant, their ownership of Allegiant common stock and Allegiant’s transactions with related persons can also be found in the Allegiant Annual Report and Allegiant’s definitive proxy statement in connection with its 2025 annual meeting of stockholders, as filed with the SEC on Schedule 14A on April 30, 2025 (the “Allegiant 2025 Proxy Statement”), and other documents subsequently filed by Allegiant with the SEC, which are available on its website, https://ir.~~Not~~allegiantair.com/financials/sec-filings/default.aspx. ~~applicable~~Such information is set forth in the sections entitled “Proposal No. 1 – Election of Directors”, “Proposal No. 2 – Advisory (non-binding) Vote on Executive Compensation”, “Proposal No. 3 – Approval of Amendment to Allegiant 2022 Long-Term Incentive Plan to Increase Number of Shares Available”, “Executive Compensation” and “Related Party Transactions” of the Allegiant 2025 Proxy Statement. To the extent holdings of Allegiant common stock by the directors and executive officers of Allegiant have changed from the amounts of Allegiant common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1362468&owner=exclude under the tab “Ownership Disclosures”.

cInformation about the directors and executive officers of Sun Country, their ownership of Sun Country common stock and Sun Country’s transactions with related persons can also be found in the definitive proxy statement for Sun Country’s 2025 annual meeting of stockholders, as filed with the SEC on Schedule 14A on April 25, 2025 (which is available at https://ir.~~Not~~suncountry.com/financials/sec-filings), and ~~applicable~~other documents subsequently filed by Sun Country with the SEC. Such information is set forth in the sections entitled “Proposal 1– Reelection of Directors”, “Proposal 2 – Non-binding (Advisory) Vote to Approve the Compensation of Our Named Executive Officers”, “Executive Compensation”, “Certain Relationships and Related Person Transactions” and “Security Ownership of Certain Beneficial Owners and Management” of such definitive proxy statement. Please also refer to Sun Country’s subsequent Current Reports, as filed with the SEC on Form 8-K on September 22, 2025 (which is available at https://ir.suncountry.com/financials/sec-filings) and on October 30, 2025, regarding subsequent changes to Sun Country’s Board of Directors and executive management following the filing of such definitive proxy statement. To the extent holdings of Sun Country common stock by the directors and executive officers of Sun Country have changed from the amounts of Sun Country common stock held by such persons as reflected in the definitive proxy statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1743907&owner=exclude under the tab “Ownership Disclosures”.

dFree copies of these documents may be obtained as described above.~~Exhibits~~

Exhibit No.			Description of Document
99.1			Press Release issued by Allegiant Travel Company on February 4, 2026
99.2			4Q25 Earnings Call Slides

No Offer or Solicitation

This communication is for informational purposes only and does not constitute, or form a part of, an offer to sell, an offer to buy, or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, and there shall be no sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, ~~Allegiant~~the ~~Travel~~registrant ~~Company~~ has duly caused this ~~Report~~report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 4, 2026			ALLEGIANT TRAVEL COMPANY
		ALLEGIANT TRAVEL COMPANY
		By:	~~By:~~/s/ Robert J. Neal	~~/s/ Robert J. Neal~~
			Name:	Robert J. Neal
Date:	March 16, 2026		Robert J. Neal
			Title:	President and Chief Financial Officer
			President, Chief Financial Officer

EXHIBIT INDEX

Exhibit No.			Description of Document
99.1			Press Release issued by Allegiant Travel Company on February 4, 2026
99.2			4Q25 Earnings Call Slides

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