Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 103

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 103
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This proposal was submitted by the National Legal and Policy Center, 107 Park Washington Court, Falls Church, VA 22046, the beneficial owner of 38 shares of Boeing common stock. Beginning of Shareholder Proposal – Text Reprinted from the Shareholder Submission:

Review of DEI Aspirations Whereas:Since the June 2023 U.S. Supreme Court decision in Students for Fair Admissions v. Harvard College, 1hundreds of higher education institutions have shuttered their diversity, equity and inclusion (DEI) programs and positions. 2 Consequently, “there has been a sharp uptick in litigation challenging corporate DEI programs and initiatives, alleging that they require unlawful employment and contracting decisions to be made on the basis of race, in violation of Title VII of the Civil Rights Act of 1964…” 3 Corporate compliance lawyers now advise clients that “DEI initiatives and programs that are not open to all applicants or those that apply an explicit race- or gender-based focus will likely face continued and heightened scrutiny.” 4 Further, “companies, and their management teams and boards, should be prepared for increased employment-related litigation including litigation that seeks to hold executive officers and directors personally liable for purported breaches of their fiduciary duties in connection with the corporation’s DEI policies.” 5 Many corporations dramatically reduced or eliminated their DEI programs, 6and companies face retribution for their discrimination. For example, Starbucks was the subject of a $28.3 million judgment after a former worker claimed she was fired for being white. 7 Supporting Statement:The Boeing Company’s (“Boeing” or “Company”) 2024 Sustainability and Social Impact Report “celebrates” the Company’s “progress” towards increasing the black representation rate in its U.S. workforce 20% by 2025, and to “close representation gaps for historically underrepresented groups” in its employee ranks by 2025. Given Boeing’s recent high-profile aircraft malfunctions and failures – the Company’s quarterly net income dropped 24.75% in Q1 2024 and has not recovered, 8while its stock price has dropped from a 52-weekhigh of $267.54 to $143.87 (as of market close on November 18, 2024) 9– should diversity in its workforce be a priority? Or should the Company instead be focused on the safety and quality of its aircraft? Boeing claims it disbanded its DEI department and emphasized its commitment to “merit-based performance” and “equality of opportunity