Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 58

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 58
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 the enterprise incentive score of 19%, and multiplying the product by an individual performance score of 100%. Long-Term Incentive Award.In February 2024, the Compensation Committee approved a long-term incentive target of $6,000,000 for Mr. West for the 2024-2026 performance period. This target represented a reversion back to his 2022 target, as the Compensation Committee decided to grant larger awards to our NEOs in 2023 ($8,000,000 for Mr. West) as described in our 2024 proxy statement. For the reason described on page 61, the Compensation Committee applied a reduction of 22% to Mr. West’s target. As a result, Mr. West’s long-term incentive awards, granted in the form of PPSOs and RSUs, had a grant date value of $4,674,622, representing an overall reduction of 42% from the prior year. Individual Performance Highlights.During 2024, Mr. West:

| • |     | Executed a comprehensive plan to manage liquidity, including a $10B debt raise, a $24.3B equity raise and maintenance of investment grade rating, |

| • |     | Continued to provide proactive, consistent and transparent engagement with capital markets throughout our continuing recovery, |

| • |     | Led mergers and acquisition work to simplify the portfolio, and |

| • |     | Achieved the following quality and safety objectives: |

| — | 99% of enterprise employees and 100% of the finance function completed product safety and quality training, |

| — | All business units conducted quality stand-down meetings and developed multi-year safety and quality plans, and |

| — | Approximately 4,000 technical design reviews were completed enterprise-wide. |

Stephanie F. Pope Executive Vice President; President and CEO, Commercial Airplanes; Former Chief Operating Officer Base Salary.Effective January 1, 2024, Ms. Pope’s salary was increased from $1,000,000 to $1,200,000, in connection with her election to the position of Chief Operating Officer of the Company (her prior role was President and CEO, Global Services). No further adjustments were made to Ms. Pope’s salary in 2024, including in connection with her election to the position of President and CEO of our Commercial Airplanes business in March 2024. Annual Incentive Plan Target and Payout.Effective January 1, 2024, and in connection with