Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 1

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 1
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 Boeing through its next chapter. Kelly is an experienced leader who is deeply respected in the aerospace industry, with a well-earned reputation for building strong teams and running complex engineering and manufacturing companies. |

The Board continues to be fully engaged and working closely with management as it makes meaningful progress to strengthen our safety, quality and risk management systems as they affect our own operations and those of our supply chain. Our planned acquisition of Spirit AeroSystems demonstrates the Board’s resolve to invest heavily in quality and safety and take the necessary actions to reshape our Company. By bringing crucial manufacturing in-house,we will unify our safety and quality management teams and ensure our engineers and mechanics work together as one team. During a year in which there was no shortage of challenges, the Board remained laser focused on providing effective oversight, holding management accountable and providing guidance to Kelly and his leadership team during his transition. During 2024, the Board, Aerospace Safety Committee and Finance Committee each held at least twice as many meetings as usual, and directors participated in numerous calls, informal meetings, site visits, and employee engagements. Average director attendance at Board and committee meetings topped 99%. The Board also remains committed to ensuring our directors have the right skill sets and experiences to oversee the Company’s evolving risks, business needs and strategic priorities, while balancing fresh perspectives with the insights of longer-tenured directors. Our Board refreshment activities that began in earnest in 2019 are an ongoing process as we continuously seek highly qualified candidates who would bring additional depth in key areas to the Board. In January 2025, Tim Buckley joined the Board as our ninth new independent director since 2019. Tim brings a track record of business success to the Board reflected in his leadership of one of the world’s largest investment management firms, managing its complex business operations and positively leading it through change. He adds his talents and perspective to a Board of accomplished leaders from a variety of backgrounds with extensive safety, complex manufacturing, risk management, engineering and aerospace expertise. And we thank Sabrina Soussan, who is not standing for re-electionat this meeting, for the perspectives she brought to the Board. Regular engagement with our shareholders remains an integral part of the Board’s decision-making process and the feedback we receive helps inform important practices and policies. During 2024, we met with shareholders to discuss a broad range of topics including CEO succession, risk oversight, safety and quality initiatives, executive compensation, board composition, human capital management and sustainability matters. I personally participated in many of the engagements along with members of management and