Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 60

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 60
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     | Achieved key milestones in flight test approval for the 737-10 and 777-9 programs, and |

| • |     | Captured 279 net new orders for commercial airplanes, delivered 348 new airplanes, and served as the key customer interface through a dynamic business environment. |

Brett C. Gerry Chief Legal Officer and Executive Vice President, Global Compliance Base Salary.No adjustments were made in 2024 to Mr. Gerry’s base salary of $900,000. Annual Incentive Plan Target and Payout.No adjustments were made in 2024 to Mr. Gerry’s annual incentive target of $900,000. In February 2025, the Compensation Committee approved an annual incentive payout of $171,000 for Mr. Gerry, determined by multiplying his target by 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 $4,000,000 for Mr. Gerry 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 ($5,500,000 for Mr. Gerry) as described in our 2024 proxy statement. For the reason described on page 61, the Compensation Committee applied a reduction of 22% to Mr. Gerry’s target. As a result, Mr. Gerry’s long-term incentive awards, granted in the form of PPSOs and RSUs, had a grant date value of $3,116,480, representing an overall reduction of 43% from the prior year. Individual Performance Highlights.During 2024, Mr. Gerry:

| • |     | Retired significant outstanding legal risk for the Company, including the successful resolution of several major litigation matters, |

| • |     | Supported the Company’s response to several critical regulatory and legal challenges throughout the year, and |

| • |     | Played a key role in supporting the comprehensive actions the Company took in response to the January 2024 door plug accident. |

| 2025 Proxy Statement |     | 63 |

COMPENSATION DISCUSSION AND ANALYSIS D. Christopher Raymond Executive Vice President; President and CEO, Global Services Base Salary.Effective January 1, 2024, Mr. Raymond’s base salary was set at $700,000, in connection with his election