Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 22

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 22
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 Compliance Officer, among others, to communicate directly and separately with the members of the Aerospace Safety Committee. The Board also regularly receives and discusses reporting from management, including the Chief Aerospace Safety Officer, regarding the performance of Boeing’s SMS and other significant safety initiatives. The Aerospace Safety Committee is composed entirely of independent directors.

| Key Focus Areas and Activities in 2024                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| The Aerospace Safety Committee doubled the number of meetings held in 2024 compared to 2023 in line with our commitment to safety, demonstrating hands-on responsiveness following the 737-9 door plug accident in January 2024.   •   Oversaw management’s response to significant safety events, including the January 2024 door plug accident, engaged with management on strengthening and developing new safety policies and procedures and enhanced quality assurance and control so that lessons learned could lead to lasting improvements   •   Oversaw the development of and continued to review updates to our comprehensive Safety & Quality Plan, which address multiple sources of input, including from the FAA, ACSAA Safety Review Panel, Admiral Kirkland Donald’s assessment, internal audits, airline customers, and employees   •   Regularly reviewed in-service safety reports and updates on SMS implementation and performance, Speak Up program, safety policy, development programs safety certification updates, Global Aerospace Safety initiative update, product security, design practices ecosystem, fleet trends and health and regulatory affairs   •   Advised and oversaw management’s actions relating to the Starliner’s Crew Flight Test (CFT) launch and return, including oversight of associated operational, regulatory and reputational risks   •   Reviewed management’s restart plans following the International Association of Machinists and Aerospace Workers District 751 (IAM 751) work stoppage, including the utilization of SMS to safely restart factories and supply chain   •   Continued focus on safety as a component in determining annual incentive payouts for executive officers, including formal consultation between the Aerospace Safety and Compensation Committees on identifying appropriate safety-related metrics for incentive program design and evaluating individual executive performance with respect to safety   •   Oversaw cyber-safety risks related to our products and services |

| 2025 Proxy Statement |     | 27 |

CORPORATE GOVERNANCE Audit Committee The Audit Committee oversees our independent auditor and accounting and internal control matters. Its principal