Company: SPR
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001628280-25-009088
Chunk: 18

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 18
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/govdocs/.

Culture and Talent Management.  The Company is committed to creating a world class workforce and is actively working to build a culture where all employees’ diverse skills and talents are valued. The Company values the full range of different perspectives and abilities that our employees bring to the workplace. The attraction, retention and development of employees is a critical success factor in meeting the Company’s strategy. We seek to provide our employees opportunities for growth through formal and informal development programs that include: training, coaching and mentoring, networking, skills and experience and career planning. Through our core values, Spirit strives to create a culture of empowerment, engagement and performance, where all employees feel welcomed and have a sense of belonging. We have a robust talent and succession planning process and have established specialized programs to support the development of our talent pipeline for critical roles throughout the company. Our management and salaried retention rate was 88% in 2024.

Health and Safety.  The Company takes steps to comply in all material respects with applicable legal, regulatory and other requirements related to preventing pollution, injury and ill health, and employs industry-leading, technologically sound and economically feasible control mechanisms, procedures and processes. In addition, the Company provides training, education, safety monitoring and auditing, health-awareness programs, and ergonomic support in the Company’s offices and factories. We are committed to the safety and health of our employees and work to eliminate injuries and accidents. We evaluate safety performance through multiple indicators, including OSHA recordable injury rates and lost-time incidents.

13

Labor Relations and Collective Bargaining Agreements

Our principal U.S. collective bargaining agreements were with the following unions as of December 31, 2024:

UnionPercent of our U.S. Employees RepresentedStatus of the Agreements with Major UnionThe International Association of Machinists and Aerospace Workers (IAM)59%We have two major agreements - one expires in June 2027 and one expires in November 2027. The Society of Professional Engineering Employees in Aerospace (SPEEA)18%We have two major agreements - one expires in January 2026 and one expires in December 2028.The International Union, Automobile, Aerospace and Agricultural Implement Workers of America (UAW)6%We have one major agreement expiring in December 2025.The International Brotherhood of Electrical Workers (IBEW)1%We have one major agreement expiring in September 2027.

Represented employees noted above were located across our Wichita, Kansas, Tulsa, Oklahoma, and Kinston, North Carolina