Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 47

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 47
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     |            6,000,000 |     |   4,674,622 |     |                            |  8,600,000 |     |                |  7,274,622 |
| Theodore Colbert III2      |     |  1,000,000 |     |          0 |     |                                                                                                                                                                           1,000,000 |     |            5,000,000 |     |   3,895,551 |     |                            |  7,000,000 |     |                |  5,895,551 |
|                            |     |            |     |            |     | LTI awards granted in March 2024 for all then-serving NEOs were reduced by the percentage decline in our share price between the January 2024 door plug accident and the grant date |     |                      |     |         22% 
   reduction 
 from target |     |                            |            |     |                |            |

| (1) | Mr. Ortberg, who joined the Company in August 2024, did not participate in our 2024 annual incentive plan or our 2024 long-term incentive program. Instead, he received stock-based awards in the form of time-vested RSUs (grant date value of $8,000,000) and a premium-priced stock option (grant date value of $8,000,000), and a cash award of $1,250,000. |

| (2) | Amounts shown reflect full-year target pay elements for Messrs. Calhoun, Deal and Colbert, who ceased serving in their respective roles during 2024. The impacts of their separations from the Company on pay are described in more detail under “2024 NEO Pay Decisions” starting on page 61 and under “Potential Payments upon Termination” starting on page 80. |

| 52 |     | 2025 Proxy Statement |

COMPENSATION DISCUSSION AND ANALYSIS Overview of 2024 Performance-Based Compensation 2024 Annual Incentive Plan.Each NEO, other than Mr. Ortberg who joined the Company in August 2024, participated in the 2024 plan. The metrics utilized in 2024, and our performance relative to goals established under each metric, are summarized below. More detail can be found starting on page 59. This performance resulted in the following incentive scores for 2024. 2022-2024 Long-Term Incentive