Company: SPR
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015209
Chunk: 33

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 33
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 performance and 2.0 for exceptional performance. Payout of the ACI is in cash and typically occurs in February of the following year. 2024 ACI Performance For the 2024 ACI, the performance measures and related performance goals were based on Quality (60%) and Financials (40%). The table below shows achieved results against each performance goal, and total scores out of a potential score of 2.00. However, due to negative quality impacts on customers and other factors during 2024 the Compensation Committee exercised overall negative discretion on the Quality component of the ACI for the Defense, Airbus, and Aftermarket Segments notwithstanding actual achievement. In addition, due to significant improvements in quality performance specific to 737 following the implementation of new processes, the Compensation Committee exercised positive discretion for the Boeing Segment. These limited modifications to performance scoring demonstrates rigor in both setting of the metrics and in their application by the Committee.

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TABLE OF CONTENTS

2024 ACI Company Metrics Performance ($ in millions)

| Measure                                      |     | Segment 
 Weight  |     | Corporate 
 Weight    |     | Threshold |     | Target |     | Maximum |     | Actual 
 Result |     | Assessment   |     | Weighted 
    Score |
| US (Minus Kinston) Indirect Incurred Cost    |     | 20%     |     | 16%       |     |      $635 |     |   $600 |     |    $565 |     |   $617 |     | Below Target |     |     0.51 |
| Non-US (Plus Kinston) Indirect Incurred Cost |     | 20%     |     | 4%        |     |      $270 |     |   $255 |     |    $240 |     |   $266 |     | Below Target |     |     0.27 |
| US (Minus Kinston) Inventory                 |     | 20%     |     | 16%       |     |    $1,750 |     | $1,620 |     |  $1,490 |     | $1,578 |     | Above Target |     |     1.33 |
| Non-US (Plus Kinston) Inventory              |     | 20%     |     | 4%        |     |    $0.950 |     | $0.880 |     |  $0.810 |     | $0.852 |     | Above Target |