Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 87

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 87
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 Benefits Plan Our NEOs are eligible to participate in the Executive Layoff Benefits Plan (Layoff Plan), which provides the following benefits to eligible executives with at least one year of service who are terminated involuntarily due to job elimination:

| • |     | one year of base salary; plus |

| • |     | an annual incentive award based on the executive’s full-year target, calculated based on the actual incentive score applicable to that executive for the year of layoff; minus |

| • |     | if applicable, any amounts payable pursuant to an individual employment, separation or severance agreement. |

Layoff Plan benefits are not provided upon layoff without job elimination, or if the executive becomes employed elsewhere within the Company in any capacity or refuses any offer of employment with the Company as an executive. Layoff Plan benefits are subject to forfeiture and clawback for five years following an executive’s termination of employment if the executive (1) engages in an activity that is determined to be in competition with a significant aspect of our business, (2) commits certain criminal acts, (3) solicits or attempts to solicit our employees, representatives or consultants to work for the executive or a third party without our consent, (4) disparages us, our products or our employees, or (5) uses or discloses the Company’s proprietary or confidential information. Table I: Estimated Potential Incremental Payments Upon Termination of Employment Table I sets forth the estimated incremental compensation payable to each NEO upon termination of employment due to layoff, retirement, long-term disability or death, as described below:

| • |     | Cash severance under the Layoff Plan, upon a qualifying layoff due to job elimination after completing one year of service; |

| • |     | A pro-rata annual incentive award calculated based on the actual incentive score and individual performance score applicable to the NEO under our annual incentive plan, upon termination due to layoff (without eligibility for cash severance under the Layoff Plan), death, long-term disability, or retirement after attaining age 55 with ten years of service, after attaining age 62 with one year of service or under conditions that satisfy the definition of retirement under a Company-sponsored defined benefit pension plan (referred to in this section as a “qualifying retirement”); |

| • |     | Vesting of RSUs, PRSUs and PPSOs granted under our long-term incentive program, upon termination due to retirement after attaining age 62 with one year of service, lay